Axis bank CC limit merge?

[Hisoka]

I recently read this thread in TechnoFino

Axis Bank Credit Card Low Limit Problem & Possible Solutions

Is your Axis Bank credit card limit too low? Do you have multiple Axis Bank credit cards with different different credit limits but with a maximum aggregate limit? Axis Bank offer you a maximum aggregate limit and a per card limit. For example- Suppose... you have 3 Axis Bank credit cards. Axis...

www.technofino.in

My situation is, I've 2 cards: Axis Ace with 50k limit and Axis Vistara with 3L limit. I do a lot of offline shopping and want my Axis ace limit to be greater than 1L, but Axis is pretty shitty in terms of LE. So as my total aggregate limit is 3L, I was planning to request Axis bank to remove my per card limit as the thread suggests.

But as per the thread, all your Axis cards limit will be your aggregate limit (in my case 3L for both cards). Now I have 3 questions here

1. Will be total available limit be 3L now? (instead of 3.5L earlier)
2. If I spend 1L from Axis Ace, will Axis consider 1L spend from both the cards? What will be my credit card utilisation according to CIBIL report?
3. If I want to apply for a new card on C2C bases, Can I assume that my Axis Ace/Vistara limit is 3L? Or it'd be shared amongst the 2 and the bank will count my limit as 1.5L?

Thanks a lot in advance. Really loving this community!

 

[CMGCMG is verified member.]

I recently read this thread in TechnoFino

Axis Bank Credit Card Low Limit Problem & Possible Solutions

Is your Axis Bank credit card limit too low? Do you have multiple Axis Bank credit cards with different different credit limits but with a maximum aggregate limit? Axis Bank offer you a maximum aggregate limit and a per card limit. For example- Suppose... you have 3 Axis Bank credit cards. Axis...

www.technofino.in

My situation is, I've 2 cards: Axis Ace with 50k limit and Axis Vistara with 3L limit. I do a lot of offline shopping and want my Axis ace limit to be greater than 1L, but Axis is pretty shitty in terms of LE. So as my total aggregate limit is 3L, I was planning to request Axis bank to remove my per card limit as the thread suggests.

But as per the thread, all your Axis cards limit will be your aggregate limit (in my case 3L for both cards). Now I have 3 questions here

1. Will be total available limit be 3L now? (instead of 3.5L earlier)
2. If I spend 1L from Axis Ace, will Axis consider 1L spend from both the cards? What will be my credit card utilisation according to CIBIL report?
3. If I want to apply for a new card on C2C bases, Can I assume that my Axis Ace/Vistara limit is 3L? Or it'd be shared amongst the 2 and the bank will count my limit as 1.5L?

Thanks a lot in advance. Really loving this community!

1. Your current aggregate limit is 3L not 3.5L. There wont be any change in this limit after per card limit removal.

2. No. Spends from Ace is counted towards Ace only. If you spend 1L in Ace, the remaining 2L can be spend either in Ace or Vistara. In cibil both cards will show the limit as separate(totalling 6L in your case)

3. 3L

 

[Hisoka]

1. Your current aggregate limit is 3L not 3.5L. There wont be any change in this limit after per card limit removal.

2. No. Spends from Ace is counted towards Ace only. If you spend 1L in Ace, the remaining 2L can be spend either in Ace or Vistara. In cibil both cards will show the limit as separate(totalling 6L in your case)

3. 3L

Thanks. For the first point. I was talking about the total available limit. That would be 3.5 lacs right? But after the limit merge, my total available limit would be reduced to 3 lacs (aggregate limit). Even in future if i get any LE on Ace card. My total available limit would be aggregate limit which is 3 Lacs only. Which is worse in my opinion.

In the thread bro has total limit of 16+ Lacs for all cards combined. But after limit merge he was just left with 7 Lacs. Although his Ace limit increased to 7 Lacs but total limit took a huge hit. Please correct if I'm wrong.

 

[hakunamatata]

Thanks. For the first point. I was talking about the total available limit. That would be 3.5 lacs right? But after the limit merge, my total available limit would be reduced to 3 lacs (aggregate limit). Even in future if i get any LE on Ace card. My total available limit would be aggregate limit which is 3 Lacs only. Which is worse in my opinion.

In the thread bro has total limit of 16+ Lacs for all cards combined. But after limit merge he was just left with 7 Lacs. Although his Ace limit increased to 7 Lacs but total limit took a huge hit. Please correct if I'm wrong.

Your total limit is the limit of highest limit card ( 3L in your case not 3.5L). So go ahead and ask axis to remove per card limit.

 

[CMGCMG is verified member.]

Thanks. For the first point. I was talking about the total available limit. That would be 3.5 lacs right? But after the limit merge, my total available limit would be reduced to 3 lacs (aggregate limit). Even in future if i get any LE on Ace card. My total available limit would be aggregate limit which is 3 Lacs only. Which is worse in my opinion.

In the thread bro has total limit of 16+ Lacs for all cards combined. But after limit merge he was just left with 7 Lacs. Although his Ace limit increased to 7 Lacs but total limit took a huge hit. Please correct if I'm wrong.

That 16L thing is error on axis part. Wont be able to use above 7L. I had an aggregate limit of 20L. When i applied for a new card, it got fixed.

 

[Hisoka]

That 16L thing is error on axis part. Wont be able to use above 7L. I had an aggregate limit of 20L. When i applied for a new card, it got fixed.

Woah wait! So you're saying if someone has multiple Axis Bank cards, his total limit will be the highest limit of 1 card? This doesn't make sense. My total limit should be cumulative sum of all cards right? What's the point of having multiple cards when your limit is shared across all cards. It's like having add on cards with you 🥲

 

[CMGCMG is verified member.]

Woah wait! So you're saying if someone has multiple Axis Bank cards, his total limit will be the highest limit of 1 card? This doesn't make sense. My total limit should be cumulative sum of all cards right? What's the point of having multiple cards when your limit is shared across all cards. It's like having add on cards with you 🥲

Its like a fixed limit with different "addon" cards. Still a customer can get only 3 different cards.

 

[Hisoka]

Its like a fixed limit with different "addon" cards. Still a customer can get only 3 different cards.

Cool. So when can request for per card credit limit removal from axis Bank? My Ace card is 4 months old and Vistara card is brand new. Should I wait for some time? Also, eny email to which i can request would be highly obliged

Thanks

 

[CMGCMG is verified member.]

Cool. So when can request for per card credit limit removal from axis Bank? My Ace card is 4 months old and Vistara card is brand new. Should I wait for some time? Also, eny email to which i can request would be highly obliged

Thanks

They won't do it before 6 months. So wait until ace is 6 months + few days.