Got Axis Ace apply option in GPay

[Rahul Gupta]

Hello guys i am so lucky. I got axis ace apply option in gpay today so i have some questions. Should i apply directly? Is there any chances of rejection? I don't have any prior relationship to axis.

 

[doomlord]

Got the same limit, but for me it works out as I mostly pay utility bills in 2-3k range, let's see when I can have my limit enhanced

So how are you gonna complete 10k spends in 45 days for joining fees wavier? as the credit utilisation required for it will be above 30% i guess

 

[doomlord]

Can anyone confirm ? does axis ace give 2% cashback while buying Amazon giftcard from Amazon?

 

[Batmanbaba]

So how are you gonna complete 10k spends in 45 days for joining fees wavier? as the credit utilisation required for it will be above 30% i guess

I dont think it matters ..... I think more weightage is final billed amount.... I used myzone in oct for around 50000 spends.... My limit is 15000..in last I only left 150 unbilled... That is what is shwn in cibil....cibil also increased

 

[doomlord]

I dont think it matters ..... I think more weightage is final billed amount.... I used myzone in oct for around 50000 spends.... My limit is 15000..in last I only left 150 unbilled... That is what is shwn in cibil....cibil also increased

ohh did you add amount into your cc for that purpose?

 

[crazyuploader]

So how are you gonna complete 10k spends in 45 days for joining fees wavier? as the credit utilisation required for it will be above 30% i guess

45 days? Lol I spent 10k under 10 days, just paid electricity bills and bought some gifts card on Amazon (it was giving 100 cashback etc. + card's usual 2% cashback), some offline shopping and voilla, fees was reversed, I had loaded the card with some money though so the overall I wouldn't end up spending 100% of the credit limit.
I had received my card on November 4, and joining fees was reversed on 15 November

 

[crazyuploader]

Can anyone confirm ? does axis ace give 2% cashback while buying Amazon giftcard from Amazon?

Yes it does, at least it was the case when I had bought Amazon gift cards last month

 

[Batmanbaba]

ohh did you add amount into your cc for that purpose?

No I paid everytime after using the card.... Within a day ir two... Then again used

 

[Batmanbaba]

ohh did you add amount into your cc for that purpose?

No I paid everytime after using the card.... Within a d

45 days? Lol I spent 10k under 10 days, just paid electricity bills and bought some gifts card on Amazon (it was giving 100 cashback etc. + card's usual 2% cashback), some offline shopping and voilla, fees was reversed, I had loaded the card with some money though so the overall I wouldn't end up spending 100% of the credit limit.
I had received my card on November 4, and joining fees was reversed on 15 November

Mine is ltf so no issue of fees

 

[Deleted member 5552]

So how are you gonna complete 10k spends in 45 days for joining fees wavier? as the credit utilisation required for it will be above 30% i guess

I spent 16k in 20 days and Joining fee is reversed.

 

[Deleted member 5552]

Yes it does, at least it was the case when I had bought Amazon gift cards last monthView attachment 7524

Ha ha 😀 I am waiting for this good news as I have to pay an insurance premium. Extra cash back also available in Amazon for buying Amazon gift cards ❤️

 

[Deleted member 5552]

I dont think it matters ..... I think more weightage is final billed amount.... I used myzone in oct for around 50000 spends.... My limit is 15000..in last I only left 150 unbilled... That is what is shwn in cibil....cibil also increased

Axis reports to credit bureaus two times in a month. Last day of month and bill generation date.

 

[Batmanbaba]

Axis reports to credit bureaus two times in a month. Last day of month and bill generation date.

That is why I have made 1st day of month as bill generation date..... So for me its only one time as in bill the transactions upto last day of month are considered

 

[Deleted member 5552]

That is why I have made 1st day of month as bill generation date..... So for me its only one time as in bill the transactions upto last day of month are considered

Great idea. But I think they will not change Ace card's date

 

[Batmanbaba]

Great idea. But I think they will not change Ace card's date

U can change for any card as per rbi guidelines...

 

[Deleted member 5552]

U can change for any card as per rbi guidelines...

Yes, but they clearly mentioned in their terms & condition that only non cashback cards are eligible for bill date change. I will try after some days

 

[jack333]

You can can change for all axis cards once a year. I've also changed mine. For sbi change is allowed for free only once. After that its chargeable For icici once in 6 months. Just write a mail to nodal office or pno stating that you want to change the bill generation date as per new RBI guidelines