Axis Credit Card Automatic Limit Enhancement - HDFC vs AXIS

[Pissant]

I keep around 8lks in my Savings Account for Demat and other requirements.

Now, I am having trouble deciding between HDFC and Axis. The Pros with HDFC are the low brokerage charges with their Demat alongside Imperia and that I utilize their MTF.

On the other hand, Axis has the better cards in my opinion. I am not sure about Axis Direct but would be open to suggestions and opinions down below.

Which of these banks are more likely to give limit enhancements based on the funds kept in someone's Savings Account? Any other privileges to look out for?

I am mainly deciding between these two banks, but am open to any other suggestions.

I have Imperia with HDFC and Priority with Axis.

 

[RTR01]

Your best bet is c2c in axis. It is hassle free and best option since they match limit most of the times.

 

[Pissant]

Your best bet is c2c in axis. It is hassle free and best option since they match limit most of the times.

Do you mean ask Axis for limit enhancement via c2c?

 

[RTR01]

Do you mean ask Axis for limit enhancement via c2c?

No apply for a card via c2c preferably a high variant card.

 

[newinnov]

Do you mean ask Axis for limit enhancement via c2c?

HDFC will only offer card with higher limit if you keep balance, afterwards your balance is immemorial for them only cc spends are considered for LE

 

[Indrajeet100]

Instead open demat / trading account best suited for your needs than linking it with any credit card. E.g. for 10lacs you can get IDFC Wealth with wealth DC which is great only for paying all CC bills, lounge access with companion etc. Or if credit card limit is concern you may anyways get with track of spending and payment or income documents.

 

[Pissant]

Instead open demat / trading account best suited for your needs than linking it with any credit card. E.g. for 10lacs you can get IDFC Wealth with wealth DC which is great only for paying all CC bills, lounge access with companion etc. Or if credit card limit is concern you may anyways get with track of spending and payment or income documents.

I do tend to utilise MTF frequently so I don’t have many options for a Demat account that will be on par with offerings from Banks.

 

[nitinmits]

I have Axis with 15L limit and HDFC with 4.05L limit. Usage on both cards is almost same. Axis is more generous in LE.

 

[newinnov]

@Pissant (Really hard to tag name 🙂 )
You need to clarify whether you need good limit or limit enhancement...

HDFC will probably give you higher limit to start with than Axis
HDFC gives spends based LE and Axis gives regular LE

 

[Pissant]

Looking for limit enhancement on existing card

 

[newinnov]

Looking for limit enhancement on existing card

Then your balance is immaterial, at least in eyes of HDFC. They increase limit based on spending on card. Forum is filled with guys having preferred relation and having mediocre limits.
While for Axis I'm not quite sure... But with Axis one thing is sure they will increase limit on regular interval.