credit limit

Dear technofino members, I have a hdfc iocl credit card with a limit of 15k.I took it without waiting as it's my first credit card and I'm a student.I wanted to buy a phone from Flipkart so bought 10k gift voucher from smartbuy.Now the problem is as my limit was almost utilised I paid 10k...

I have two credit cards from Kotak. I recently got the Kotak UPI Rupay credit card. At the time of applying, it was shown that the two cards will have a shared credit limit. However, Kotak mobile app shows available credit limit separately. So, how can I know the overall available credit limit...

Hi My brother has Axis card since 2013. He got a sms today as follows "Due to low usage on your Axis Bank Credit Card XX, we will be revising the credit limit on your card to INR 50000 for security reasons. For any queries, call us on 18001035577." His old credit limit was about 10 lacs. He...

1. If I don't use a credit card very often (say, once in 2/3 months), may the credit limit on the card get decreased for lesser usage? (Asking because I read somewhere that it actually happens.) 2. Do the credit bureaus calculate credit utilization ratio for individual cards or they do it both...

Dear Customer, Thank you for banking with us. Now worry less and spend more on the card of your choice! Avail the benefit of sharing the highest credit limit across all your Axis Bank Credit Cards at no extra cost and no additional documentation. We have observed 2 Axis Bank Credit Cards...

Decided to get the HDFC paytm card because of its 1% DCC. Will it follow the limit of all my other non hdfc cards? Just wanted to know.

Hello Folks, One of my college juniors is planning to resume his credit card journey. His problem is this: During internship at a company, his salary account was opened in Citibank. Citibank gave him a credit card as well with a credit limit of 75k. This remained his "only" credit card for 5...

Hi all, I have been using Axis Ace credit card since 2021 and I have followed the 30% usage rule since then. Occasionally it would be more than 30% usage but I would always pay my bills on time. Initially I was offered 26K credit limit (which matched my salary at that time) but it has been...

Having a high credit limit on your credit card can be beneficial in some cases, but it can also have drawbacks in others. However, we generally prefer to maintain a high credit limit on our credit card. Typically, we don't receive a very high credit limit when signing up for a new credit card...