Is having low credit limit normal?

[krizxrofficial]

Hi all,

I have been using Axis Ace credit card since 2021 and I have followed the 30% usage rule since then. Occasionally it would be more than 30% usage but I would always pay my bills on time. Initially I was offered 26K credit limit (which matched my salary at that time) but it has been almost 2.5 years and they have only increased my credit limit to 52K.

Further, I'd like to add that I have added the following credit cards to my wallet:

2022 Axis Flipkart (offered LTF) - 26K limit initially, matched and shared Ace's limit now (52K)
2023 RBL World Safari - 50K
2023 OneCard LTF - 50K
2023 ICICI APay Card LTF - 2.6L
2023 Kotak White FYF - 46K

It's very frustrating to miss out on offers on items that exceed my credit limit and I have to pay using my debit cards. Is there any reason why I am getting such low credit limit on any card I apply? My credit score is always above 780. I distribute my spendings on all my cards depending on discounts and category. My salary has also increased significantly since 2021. I rarely convert any payments to EMI. I don't know what's wrong. Should I close a few cards to try and see if that will help my credit limit increase? I have seen a few friends get limits nearly 10x of their salary for some reason from APay card or AU card and I have no idea how or why. They also have a similar credit score as mine.

TL;DR - My credit limit feels very low compared to others even though my credit score and credit history is good. Is there any reason why?

UPDATE: Finally, someone heard my wishes at ICICI 🥺

 

[SSV]

Bhai is se pehle aur kitno and kitniyon ko only for you bola hai 🤣🤣🤣

For everyone only for you individually.
.in a group setting it is just Ziaul...

 

[4uziaul]

Bhai is se pehle aur kitno and kitniyon ko only for you bola hai 🤣🤣🤣

Itni kismat achi kahan 🤣

 

[krizxrofficial]

APay card finally heard my wishes and granted me 2.6L. 🥲

 

[unusedbrain1]

Hi all,

I have been using Axis Ace credit card since 2021 and I have followed the 30% usage rule since then. Occasionally it would be more than 30% usage but I would always pay my bills on time. Initially I was offered 26K credit limit (which matched my salary at that time) but it has been almost 2.5 years and they have only increased my credit limit to 52K.

Further, I'd like to add that I have added the following credit cards to my wallet:

2022 Axis Flipkart (offered LTF) - 26K limit initially, matched and shared Ace's limit now (52K)
2023 RBL World Safari - 50K
2023 OneCard LTF - 50K
2023 ICICI APay Card LTF - 2.6L
2023 Kotak White FYF - 46K

It's very frustrating to miss out on offers on items that exceed my credit limit and I have to pay using my debit cards. Is there any reason why I am getting such low credit limit on any card I apply? My credit score is always above 780. I distribute my spendings on all my cards depending on discounts and category. My salary has also increased significantly since 2021. I rarely convert any payments to EMI. I don't know what's wrong. Should I close a few cards to try and see if that will help my credit limit increase? I have seen a few friends get limits nearly 10x of their salary for some reason from APay card or AU card and I have no idea how or why. They also have a similar credit score as mine.

TL;DR - My credit limit feels very low compared to others even though my credit score and credit history is good. Is there any reason why?

UPDATE: Finally, someone heard my wishes at ICICI 🥺

i used axis bank account for a year .and did 7-8 lakh transaction . which includes few lakh through Debit card through Wallet reload..

out of blue when i turned 21 .. as i was unhappy and about to close my account keeping 0 balance ..they gave me 90k limit with ltf on Myzone .. so its just process ..plus to increase limit get a axis bank card like myzone or ace .. Flipkart card gets lets Limit increase . ofc if u give slary slip they will do it in a jiffy ..

even if u call to cancel the card stating the same reason they will give u 10-50k . instant limit increase on call

 

[AritraSaha]

Hi all,

I have been using Axis Ace credit card since 2021 and I have followed the 30% usage rule since then. Occasionally it would be more than 30% usage but I would always pay my bills on time. Initially I was offered 26K credit limit (which matched my salary at that time) but it has been almost 2.5 years and they have only increased my credit limit to 52K.

Further, I'd like to add that I have added the following credit cards to my wallet:

2022 Axis Flipkart (offered LTF) - 26K limit initially, matched and shared Ace's limit now (52K)
2023 RBL World Safari - 50K
2023 OneCard LTF - 50K
2023 ICICI APay Card LTF - 2.6L
2023 Kotak White FYF - 46K

It's very frustrating to miss out on offers on items that exceed my credit limit and I have to pay using my debit cards. Is there any reason why I am getting such low credit limit on any card I apply? My credit score is always above 780. I distribute my spendings on all my cards depending on discounts and category. My salary has also increased significantly since 2021. I rarely convert any payments to EMI. I don't know what's wrong. Should I close a few cards to try and see if that will help my credit limit increase? I have seen a few friends get limits nearly 10x of their salary for some reason from APay card or AU card and I have no idea how or why. They also have a similar credit score as mine.

TL;DR - My credit limit feels very low compared to others even though my credit score and credit history is good. Is there any reason why?

UPDATE: Finally, someone heard my wishes at ICICI 🥺

Its very common things...

Ex- @4uziaul , this guy stuck with 60k limit in hdfc for 7 years...

Everyone facing this, don't worry brother..

 

[cardex]

Hi all,

I have been using Axis Ace credit card since 2021 and I have followed the 30% usage rule since then. Occasionally it would be more than 30% usage but I would always pay my bills on time. Initially I was offered 26K credit limit (which matched my salary at that time) but it has been almost 2.5 years and they have only increased my credit limit to 52K.

Further, I'd like to add that I have added the following credit cards to my wallet:

2022 Axis Flipkart (offered LTF) - 26K limit initially, matched and shared Ace's limit now (52K)
2023 RBL World Safari - 50K
2023 OneCard LTF - 50K
2023 ICICI APay Card LTF - 2.6L
2023 Kotak White FYF - 46K

It's very frustrating to miss out on offers on items that exceed my credit limit and I have to pay using my debit cards. Is there any reason why I am getting such low credit limit on any card I apply? My credit score is always above 780. I distribute my spendings on all my cards depending on discounts and category. My salary has also increased significantly since 2021. I rarely convert any payments to EMI. I don't know what's wrong. Should I close a few cards to try and see if that will help my credit limit increase? I have seen a few friends get limits nearly 10x of their salary for some reason from APay card or AU card and I have no idea how or why. They also have a similar credit score as mine.

TL;DR - My credit limit feels very low compared to others even though my credit score and credit history is good. Is there any reason why?

UPDATE: Finally, someone heard my wishes at ICICI 🥺

how did you get 2023 ICICI APay Card LTF - 2.6L limit? C2C?

 

[krizxrofficial]

how did you get 2023 ICICI APay Card LTF - 2.6L limit? C2C?

No, they straight up offered me with 2.6L limit. No C2C or prior conversation.