A while ago I wrote about Visa’s big plans to become the biggest credit card lounge network in India. The company intends to go from 5 cities right now to 22 cities shortly. This move should make them competitive with the Visa Lounge Access program, a realm they lack in right now as compared to MasterCard and Amex.
However, it turns out that is not the only plan that Visa has for their lounge network. They will also be reducing the lounge visit privileges for some of their members. It turns out that the Signature and Business cards will be on this list.
Currently, Visa Signature & Business cards are offered two lounge visits per quarter free of cost, but once the new program is implemented, they will be cut down to one lounge visit per quarter free, and the rest of the visits will be charged to the card.
While we still don’t have a timeline for the implementation of the change, it looks like both the changes will happen hand in hand. Which means, Visa will sign up more lounges and then cut access as well to the Signature & Corporate/Business cardholders. I’d expect this to be rolled out in October 2018, given that the current program is scheduled to last through September 2018.
This is not great news for Visa Signature cardholders when it happens, and the only thing that Visa cardholders can do is to upgrade to a higher tier card if they’d like to have their privileges.
What do you think about the above move from Visa to cut down lounge access for certain members?