Airport lounge networks usually require a fee. But giving credit card holders free lounge access at airports will add costs to banks. Some cardholders get access based on reward points. But access is now free for most premium card holders.
Giving high spenders exclusive lounge access can significantly increase the value of premium credit cards.
Credit cards offer many rewards and benefits to consumers. Check these factors before choosing a credit card. One of the most popular rewards offered by premium credit cards was free lounge access at airports.
According to a 2022 report by travel insurance firm Collinsons, 87 percent of Indians expect airport lounge service when using premium credit cards. The free launch is limited. It varies by card and fees at airports.
This is a relief for frequent travelers. But reports say that from now on, you may have to spend a certain amount on the credit card to get the airport lounge benefit.
Recently HDFC has made some changes in the launch access program for Regalia Credit Card users. These cardholders will now get airport access only if they spend at least Rs 1 lakh or more in a quarter to qualify for the launch benefits. The procedure for availing these benefits has also been modified. Once the limit is exceeded, launch access voucher should be generated from the bank’s website to redeem.