By Vivek Dubey
CNBC-TV18.com
Published Nov 22, 2023
Banks like HDFC, Axis, and ICICI have reduced lounge access privileges, affecting many credit cardholders.
Despite changes, Dreamfolks reports a steady use of lounge services in Q3 2023.
Lounge access costs have surged, precipitating these cutbacks, as per industry experts.
Lounge access costs have surged, precipitating these cutbacks, as per industry experts.
1
Offers six international and eight domestic lounge visits, plus other benefits.
Fees: ₹4,999/year
2
Provides 12 lounge visits and complimentary memberships.
Fees: ₹2,500/year (waivable)
3
Grants six international and eight domestic lounge visits, with additional perks.
Fees: ₹3,000/year
4
Allows four international and eight domestic lounge visits, with milestone benefits.
Fees: ₹2,999/year (waivable)
5
Offers four international and eight domestic lounge visits, and other rewards.
Fees: ₹999/year (waivable)
Lounge access costs rose from 0.10% to 0.25% of the product cost, compelling benefit adjustments.