Axis low limit. Should I cancel and apply again?

[telescope]

I have flipkart axis cc since ~3 years now. This card I got when I didn't have any savings account with axis. The limit is very low around 20k. My other cards limit are in lakhs.

I have used this card a lot and also always paid bills on time. Limit was never increased.

Recently opened axis savings account and in netbanking I can see pre-approved offers, but, it is showing that limit would be shared with existing cc.

What should I do now? If I cancel existing cc and apply again after some time, will I get better limit?

Also, pre-approved cards are not LTF, whereas same cards are being offered LTF on their website.

I want to get rid of flipkart axis because of high annual fee waiver criteria. I want a card with higher limit and also LTF.

Please suggest. Thanks

 

[SycSCNR]

With or without limit merge it will show as 2 different credit Card account in your cibil reports.Mail the customer care or chat with an agent and tell them to merge the credit limit they will do it right away.

 

[SycSCNR]

You mean after 6 month or within

After 6 month.Cibil enquiry will be don e too for manual LE

 

[aayusharyan]

With or without limit merge it will show as 2 different credit Card account in your cibil reports.Mail the customer care or chat with an agent and tell them to merge the credit limit they will do it right away.

I see, will do.

 

[telescope]

Update.
I got approved.
My situation:
- Have FK Axis LTF with a limit of just 60K :/
- Holding that card since 2021. Not used much. Just a few transactions here and there to avail discount.
- No other relationship with Axis Bank.
- Experian check was done, Experian score 819.
- Applied as a new customer. (Selected no on the first screen)

Timeline:
- Applied on 24th.
- vKYC done on 24th night itself.
- Eligibility check started on 25th.
- Approved today, on 4th.

No physical verification done. No other documents asked, just PAN and Aadhar Authentication.
Card is not yet showing in Axis Open app.

Completed vkyc today. Let's see what happens

 

[aayusharyan]

Completed vkyc today. Let's see what happens

Nice, now fingers crossed.

 

[Rohith-2009]

Send email to pno to match the credit limit for the card which has low limit. Ask them to match the limit with the limit of new card. They'll do. Customer care people doesn't even know this

 

[aayusharyan]

Send email to pno to match the credit limit for the card which has low limit. Ask them to match the limit with the limit of new card. They'll do. Customer care people doesn't even know this

Wait, I'm confused now. Whether they will merge the limits or they will make both same, (resulting in higher aggregate credit limit)?

 

[Rohith-2009]

Wait, I'm confused now. Whether they will merge the limits or they will make both same, (resulting in higher aggregate credit limit)?

Your limit will not increase. They will just increase the limit of your old card

 

[unusedbrain1]

Wait, I'm confused now. Whether they will merge the limits or they will make both same, (resulting in higher aggregate credit limit)?

If u have 4 lakh limit in one card
& 2 lakh in other card

U can't use more than 4 lakh in both card combined.

That is axis for you

 

[aayusharyan]

If u have 4 lakh limit in one card
& 2 lakh in other card

U can't use more than 4 lakh in both card combined.

That is axis for you

So, this is similar to ICICI in that case with their Core CC and APay CC limits.

 

[unusedbrain1]

So, this is similar to ICICI in that case with their Core CC and APay CC limits.

So best case is - get a card with the highest limit and .call Cc and take card with same limit .
Unless u are takeing axis airtel ..or gpay card

 

[aayusharyan]

So best case is - get a card with the highest limit and .call Cc and take card with same limit .
Unless u are takeing axis airtel ..or gpay card

Okay, will try.

 

[card-shard]

Yes. They didn't budge.

What did they tell?
What happened after you submitted your salary slips & bank statements?
Bank increases limit once every 6 months, this way, if you have clean CIBIL & payment history, and are able to submit salary details.

Have you defaulted on payment on any credit card/loan which shows up in your CIBIL?
Is the limit already 2-3 times your monthly salary?

 

[telescope]

What did they tell?
What happened after you submitted your salary slips & bank statements?
Bank increases limit once every 6 months, this way, if you have clean CIBIL & payment history, and are able to submit salary details.

Have you defaulted on payment on any credit card/loan which shows up in your CIBIL?
Is the limit already 2-3 times your monthly salary?

Got a regret mail that limit increase not possible. Never defaulted.

 

[AritraSaha]

Wait, I'm confused now. Whether they will merge the limits or they will make both same, (resulting in higher aggregate credit limit)?

@S S V
Tag the right person.. he will help

 

[aayusharyan]

Got a regret mail that limit increase not possible. Never defaulted.

I have a funny story with IndusInd. I requested to Update my Address on the Credit Card. The response I got from them was that my credit card application has been rejected and they could not issue a Credit Card because of internal policies.

 

[aayusharyan]

@S S V
Tag the right person.. he will help

Haha okay. Please guide @S S V sir.

 

[SSV]

Wait, I'm confused now. Whether they will merge the limits or they will make both same, (resulting in higher aggregate credit limit)?

@S S V
Tag the right person.. he will help

Yes, they will match to the higher limit

 

[SSV]

Haha okay. Please guide @S S V sir.

But never mention the words Limit Increase..
Talk about limit sharing only

 

[unusedbrain1]

I have flipkart axis cc since ~3 years now. This card I got when I didn't have any savings account with axis. The limit is very low around 20k. My other cards limit are in lakhs.

I have used this card a lot and also always paid bills on time. Limit was never increased.

Recently opened axis savings account and in netbanking I can see pre-approved offers, but, it is showing that limit would be shared with existing cc.

What should I do now? If I cancel existing cc and apply again after some time, will I get better limit?

Also, pre-approved cards are not LTF, whereas same cards are being offered LTF on their website.

I want to get rid of flipkart axis because of high annual fee waiver criteria. I want a card with higher limit and also LTF.

Please suggest. Thanks

20k limit u have !
Unless u r rotating money ..
Close this cc .

Wait for few month .
As u said u already have pre approved offer. Sit on that offer to get better in 1-2 month .

Relax .more u will be desperate .less rewarding the bank is .
More u lose hope bank just comes back & give u their ass on plater .