Amazon Pay Later has a Ceiling limit of 1L?

[aayusharyan]

Recently I got into a discussion with a few people who work at a company which gives third party customer service support to Amazon. They mentioned that they are yet to see someone with a Limit of more than 1L on Amazon Pay Later.
So, I am asking here. Does anyone have a Limit of more than 1L on their Amazon Pay? if so, then what is their Relation with Axio and how were they able to get that?
Till now, my belief is that maybe they have a ceiling limit. But I have a very small sample set of people.

 

[D₹V]

For now, I have added it to my Vi Postpaid for payments. (I don't really care that much about rewards in small transactions, TBH ).
But I am keeping it because I want to check out their RBL CC. (And I don't really have a reason to close it otherwise also).

You can switch to other better offers for postpaid bill payments.

 

[aayusharyan]

Both reason isn't strong 🚫🤣

Haha, I know I know. But again, my expectations from this is not to take rewards. But to keep it open.
I'm that kind of person who likes to keep options open, just in Case. 🤷🏻‍♂️

In fact, I'm even planning to put a few of my Mutual Fund holdings in Lien and open a Credit Line against that.

 

[Darkhorse96]

Recently I got into a discussion with a few people who work at a company which gives third party customer service support to Amazon. They mentioned that they are yet to see someone with a Limit of more than 1L on Amazon Pay Later.
So, I am asking here. Does anyone have a Limit of more than 1L on their Amazon Pay? if so, then what is their Relation with Axio and how were they able to get that?
Till now, my belief is that maybe they have a ceiling limit. But I have a very small sample set of people.

Man have you done full kyc for amazon pay later like Video kyc, I have done only ekyc otp based I got 25000 rs credit limit. Now my whole 60000 rs upper limit of spending in year a over. So next time in 2025 when another year will start are there any chances of getting credit limit of 50000 at least. I have cibil of 782 as of now

 

[Darkhorse96]

Haha, I know I know. But again, my expectations from this is not to take rewards. But to keep it open.
I'm that kind of person who likes to keep options open, just in Case. 🤷🏻‍♂️

In fact, I'm even planning to put a few of my Mutual Fund holdings in Lien and open a Credit Line against that.

I'm asking you bcoz I don't have credit card, I paid all the dues on time and my credit limit on Amazon pay later evaporated in few months. I'm planning to buy flagship phone in 2025 via pay later. So wanted to know whether I could get credit limit of 50000 or 100000 only on ekyc which which I did at the start of 2024 or I need to vkyc. Please let me know