Archive · 5 Jun 2025
Amex Gold Card to Reduce Fuel Rewards; HDFC Implements Fees
American Express is changing how its Gold Credit Card works.
Starting June 12, 2025, you won't get reward points for buying gas.
They are also changing some rules for spending on things like games and loading money into digital wallets.
HDFC Bank is doing something similar.
If you spend a lot on online games or load money into digital wallets, you'll have to pay a small fee.
It is important for credit card users to check the terms and conditions regularly.
American Express Gold Card will stop awarding reward points on fuel purchases from June 12, 2025.
The change includes petrol, diesel, and CNG purchases.
This is part of broader changes to the Amex Gold Card's rewards structure.
HDFC Bank will implement a 1% fee on online skill-based gaming spends over ₹10,000 per month.
HDFC Bank will charge a 1% fee for loading over ₹10,000 monthly into third-party wallets.
- Who
- American Express and HDFC Bank cardholders.
- What
- Changes to reward points and new fees on specific transactions.
- When
- June 12, 2025, for Amex Gold changes; July 1, 2025, for HDFC changes.
- Where
- Not explicitly stated, but applicable to cardholders where the banks operate.
- Why
- To revise rewards structure and fees.
Financial Institutions
Consumer
Impact
Financial Institutions
May see reduced rewards or added fees.
Consumer
Will adjust reward structures to meet evolving consumer needs and business costs.
- Amex Gold Card Changes Start
- June 12, 2025
- Fuel Rewards Change
- No more reward points
- Affected Fuel
- Petrol, diesel, CNG purchases
- HDFC Gaming Fee
- 1% fee over ₹10,000 monthly gaming spend (capped at ₹4,999)
- HDFC Wallet Load Fee
- 1% fee over ₹10,000 monthly wallet loads (capped at ₹4,999)