Every change to Indian card rewards in 1961–2014

47 changes: 11 worse for you, 24 better.

Newest first. Each change links its story, with the before and after and the source · This year’s changes

2014 · 3 changes

16 May 2013 Marriott adds Category 9, bumps 36% of hotels up a tier Worse for you · Devaluation · Marriott Rewards
24 Apr 2013 Etihad agrees to buy 24% of Jet Airways for $379 million Changed · Partner change · Jet Airways
24 Apr 2013 Etihad Buys 24% of Jet Airways, Pumps $150M Into JetPrivilege Changed · Partner change · Etihad Airways
28 Mar 2013 Hilton HHonors blows up its award chart: 7 tiers become 10 Worse for you · Devaluation · Hilton HHonors
25 Feb 2013 Kingfisher Stripped of International Rights and Domestic Slots Worse for you · Devaluation · Kingfisher Airlines

20 Oct 2012 DGCA suspends Kingfisher's licence, King Club miles go to zero Worse for you · Devaluation · Kingfisher Airlines
25 Sep 2012 HDFC Bank relaunches Diners Club co-branded cards in India Better for you · Launch · HDFC Bank
16 Jul 2012 Citibank kills Jet Airways co-brand, pivots to PremierMiles Worse for you · Devaluation · Citibank
27 Apr 2012 Amex quietly stops minting new Kingfisher First cardholders Worse for you · Devaluation · Kingfisher Airlines
4 Feb 2012 oneworld Puts Kingfisher's Alliance Entry on Ice Worse for you · Devaluation · Kingfisher Airlines

1 Nov 2010 Kingfisher Completes ₹8,000-Crore Debt Restructuring Worse for you · Devaluation · Kingfisher Airlines
26 Apr 2010 Jet Airways Launches Konnect Select, a Premium-Economy Hybrid Better for you · Launch · Jet Airways
24 Feb 2010 Kingfisher signs MOU to join oneworld alliance Changed · Partner change · Kingfisher Airlines

4 Aug 2009 Competition Watchdog Opens Probe Into Jet-Kingfisher Alliance Changed · Partner change · Jet Airways
5 Mar 2009 Kingfisher Slams the Brakes on International Expansion Worse for you · Devaluation · Kingfisher Airlines

3 Sep 2008 Kingfisher Airlines Opens First Long-Haul Route: Bangalore-London Better for you · Launch · Kingfisher Airlines
29 Aug 2008 Air Deccan Vanishes Into Kingfisher Red Better for you · Launch · Kingfisher Airlines
1 Apr 2008 Kingfisher and Air Deccan Formally Merge Into One Company Changed · Partner change · Kingfisher Airlines

1 Dec 2007 Air India Applies to Join Star Alliance Changed · Partner change · Air India
1 Jun 2007 UB Group Buys 26% of Air Deccan for $135 Million Changed · Partner change · Kingfisher Airlines
16 Apr 2007 Air Sahara Reborn as JetLite After Jet Airways Buyout Changed · Partner change · Jet Airways
1 Mar 2007 Air India and Indian Airlines Merge Into One National Carrier Changed · Partner change · Air India

1 Oct 1998 SBI and GE Capital launch SBI Card in New Delhi Better for you · Launch · SBI Card

6 May 1997 Marriott Rewards replaces Honored Guest Awards Better for you · Launch · Marriott

5 May 1993 Jet Airways flies its first flight, 9W321 Mumbai–Ahmedabad Better for you · Launch · Jet Airways
1 Jan 1993 American Express enters India's card market Better for you · Launch · American Express

1 Jan 1987 HSBC installs India's first ATM in Mumbai Better for you · Launch · HSBC