How to increase credit limit on axis credit cards

[theglobalinvestor]

I've had an axis flipkart for 1 or 2 years now with a 1.8L credit limit. No increases.

Prior to that I had an axis my zone for a few years which I closed last year. Never got any credit limit increase with that either.

I just got an atlas card and the limit seems to be the same 1.8L. How can I get a higher credit limit? I haven't used my axis cards much as the limit is too low for my needs. And I've only used occasionally on some sites.

I have 19.5L on infinia. Expect similar on amex platinum charge. 7.9L on icici amazon pay. 6.5L on amex platinum Travel. What's the problem with Axis and their stingy credit limit?

How can I get a decent limit increase? I need like 10L limit for the card to be useful. Thanks in advance.

 

[Deleted member 21942]

Why people are so opposed to providing salary slip/ITR. It's a simple solution, if you feel you can get higher limit.
One enquiry on CIBIL doesn't matter, if you are not getting new credit cards/loans every month.

If you're regularly paying CC dues, one CIBIL enquiry won't affect much, max 1-5 points dip for 1-2 months. That's it.
Curious as to why lots of people on this forum "fear/hesitate" so much in providing salary slips/ITR for limit increase, if you are not getting limit increase for months/years. 🤷‍♂️🤷‍♂️🤷‍♂️

ITR/Salary slip agar sabke paas hoti toh LE ke ek bhi thread nahi bante 😉

 

[NShah]

ITR/Salary slip agar sabke paas hoti toh LE ke ek bhi thread nahi bante 😉

Ye sahi baat kahi aapne 🤣

 

[hedgehog2122]

I was also stuck on same limit on Myzone card for almost 5 yrs despite of decent usage and finally closed the account. ITR/salary slip also didnt help much. It depends on luck may be in Axis. On the contrary HDFC incresed the limits on a regular basis over the same period and infact upgraded controversial money back to regalia.

 

[card-shard]

Even after sharing, denied 😢

If your limit is already 2-3 times of your monthly salary, then further increase is difficult using ITR.
Was this the reason in your case, or any other reason was provided.

 

[Jhon Anand]

If your limit is already 2-3 times of your monthly salary, then further increase is difficult using ITR.
Was this the reason in your case, or any other reason was provided.

My limit is almost 0.3x of my salary. No specific reason given, just that at this moment this is maximum they can give

 

[sri_cc]

Mine went from 50k to 3.5L on axis flip kart. And got a new axis select with 6.5L limit recently

is it LTF or FYF or Paid?

 

[Cc_creditguy]

I was also stuck on same limit on Myzone card for almost 5 yrs despite of decent usage and finally closed the account. ITR/salary slip also didnt help much. It depends on luck may be in Axis. On the contrary HDFC incresed the limits on a regular basis over the same period and infact upgraded controversial money back to regalia.

Bro how did you upgrade in hdfc give me some suggestions

 

[hedgehog2122]

Bro how did you upgrade in hdfc give me some suggestions

Nothing as such was just using it regularly, infact i once made a payment of GBP 2000 probably that kicked off the trigger for upgrade to regalia and LE from money back cc.

 

[Harjeevansingh]

is it LTF or FYF or Paid?

Flipkart paid, Select LTF. Not closing flipkart card to keep the credit history, might close in 1-2 years

 

[sri_cc]

Flipkart paid, Select LTF. Not closing flipkart card to keep the credit history, might close in 1-2 years

can you please tell how you got the SELECT as LTF? I'm also looking to get one

 

[SSV]

Flipkart paid, Select LTF. Not closing flipkart card to keep the credit history, might close in 1-2 years

What's the age difference between FK and the next oldest?

 

[Buttman]

I beg to disagree!!
I have 3 Axis cards….Flipkart/Ace/Privilege with cumulative limit of 3.25L I’ve been using more than 60% limit almost every month for the last one year & and on few occasions even exhausted it completely!!
8 months back I got limit increase of just 25k on my Flipkart card…& nothing since then!!

Meanwhile I was able to achieve spend based criteria of fk axis card ( the new 3.5 lakh waiver )
I have spent around 4.5 lakhs on my fk axis since last year and still no ltf or limit enhancement.

 

[Ragul]

I have requested limit enhancement thru online and got only 4K increased from 2.12L. do we have any way to escalate this to next level? if yes, Kindly share the mail id. Thanks

 

[card-shard]

I have requested limit enhancement thru online and got only 4K increased from 2.12L. do we have any way to escalate this to next level? if yes, Kindly share the mail id. Thanks

After RBI circular, banks are reducing limits of people who are not using cards regularly or for significant amount.
If your limit is higher than your monthly needs, then have patience & let the storm pass.
Otherwise, if you come in limelight, your limit may also be reduced.😵😵

 

[bing1309]

After RBI circular, banks are reducing limits of people who are not using cards regularly or for significant amount.
If your limit is higher than your monthly needs, then have patience & let the storm pass.
Otherwise, if you come in limelight, your limit may also be reduced.😵😵

IF THATS THE CASE

Axis must stop in asking 10L or 15L for c2c methods which is not the case yet

 

[card-shard]

IF THATS THE CASE

Axis must stop in asking 10L or 15L for c2c methods which is not the case yet

Banks will keep on increasing limits of high spenders or high income groups, DUDE. Why they will reduce limits or stop asking for C2C??

banks are reducing limits of people who are not using cards regularly or (not using cards) for significant amount. (Based on their internal policy, on a subset of such customers)

 

[bing1309]

Banks will keep on increasing limits of high spenders or high income groups, DUDE. Why they will reduce limits or stop asking for C2C??

banks are reducing limits of people who are not using cards regularly or (not using cards) for significant amount. (Based on their internal policy, on a subset of such customers)

I have never seen such an increase with me nor even reduced the limit in my case a 7l limit card has not been used just used around 2,000inr in a year no decrease of limit and a 3lakh card maxed out every month with no increase in limit rejected for limit increase despite giving itr etc this is in my case.
c2c I am telling banks are asking for higher limit cc to issue one or match limit. whereas these banks reduce the limit as if it's given without backend checks What is the point when someone needs to spend? under certain conditions. hence saying when such things happen ambitions of the bank must reduce. in the case with Axis, we ask also they won't give if super spending won't give. take me, for example, have 3l limit with an axis spent 36l and when asked for limit enhancement never given nor offered when shown a 7lakh card not given. when i applied for reserve with ITR approved but limit was not increased, such physio people

 

[Vasuki]

I have almost used 3 lakh in first 6 month of axis iocl cc ..which as limit of 90k ..
Bcz its UPi ..

Should i expecting credit limit ..

2 of the other card is just laying for 1-2 transaction.in a month

 

[HumorSimpson]

Just mailed them the payslip to a mail shared by the support. Never reached out to RM, dont think they are useful.

RMs never do anything where they don't get benefits.

 

[sri_cc]

Flipkart paid, Select LTF. Not closing flipkart card to keep the credit history, might close in 1-2 years

can you please tell how you got the SELECT as LTF?