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Axis bank neo vs myzone which is better?

  • Thread starter Thread starter sai99488
  • Start date Start date
  • Replies Replies 30
  • Views Views 10K
The thing is it will open a new account but decrease the credit utilisation ratio

yes, when ur new to credit card world it helps a lot but once u got like 2L limit on existing axis card, this itself creates 6L credit limit.

more limit on cibil put you more demanding position. So, to be on safeside advicing if not needed, don't apply because anyway you don't need it.

This increases your overall credit limit, reduces ⬇️ credit utilization, but increases ⬆️ potential debt risk in CIBIL's view.
 
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