axis is good for LTF only. next year onwards you will see mass cancellations of cards in axis and mass cancellations will go for ltf cards only and next year no LTF cards will be issued, axis knows what to do, their internal teams have issues and also first they issued cards like tap water, with abnormal limits and no checks and balances, now defaults are happening rather than paying interest in cc. now they have made issuing a card nightmare, and then combined limits and now devaluation by devaluation in a larger scale, (axis tried to compete with HDFC but failed in such a bad way, that instability growth leads to this mess. axis learnt in hard way. where people misused the card left and right but whatever it is axis still has not been able to solve misuse because of poor software and poor skilled people in the banking segment. but nevertheless, unless axis flushes out people they are in a mess. Hope Axis shows what the reality of their CC is and as a consumer, we have learnt a message (but the reality is no bank will give offers like other country banks can give offers to their people) (India can't handle such unsecured debt, because the people who file Itr and who don't have itr also have unsecured cards and the spend to itr is never matching hence its better to wait for 2 more years, and after 2 years only reality can be seen in credit cards.
