Restricted Uses:
👉Payments toward other credit cards, loans, or suspicious merchants may trigger blocks.
👉Avoid high-value payments using excess deposits to artificially boost credit limits.
Personal Use Only:
👉Credit Cards should be used only for lawful, bona fide personal expenses.
👉No use for resale, business, or financial gains.
Welcome Benefits Restriction:
👉Welcome benefits can be availed only once. Reopening the same variant won’t requalify for the benefit.
Usage Monitoring:
👉Axis Bank monitors usage for excessive spending, unusual patterns, or reward abuse.
👉Non-compliance may lead to card suspension, reward cancellation, or termination.
Fees Not Considered for Milestones:
👉Joining/Annual Fees, Forex Markup, GST, Fuel Surcharge, Rent, Late Payment, etc., are excluded from milestone spends.
Bank's Discretion:
👉Axis Bank may block, suspend, or cancel a card anytime, without notice, for violation of terms.
👉NOC (No Objection Certificate) is not issued if the card was closed for a breach of terms.
💡Stay informed to not get your self banned/blocked! 💡Similar Rules exist for all other banks, do know the ground rules before doing hacks/loop holes etc! 😉
♻️ For Awareness !
Source - MITC Link : Mitc
👉Payments toward other credit cards, loans, or suspicious merchants may trigger blocks.
👉Avoid high-value payments using excess deposits to artificially boost credit limits.
Personal Use Only:
👉Credit Cards should be used only for lawful, bona fide personal expenses.
👉No use for resale, business, or financial gains.
Welcome Benefits Restriction:
👉Welcome benefits can be availed only once. Reopening the same variant won’t requalify for the benefit.
Usage Monitoring:
👉Axis Bank monitors usage for excessive spending, unusual patterns, or reward abuse.
👉Non-compliance may lead to card suspension, reward cancellation, or termination.
Fees Not Considered for Milestones:
👉Joining/Annual Fees, Forex Markup, GST, Fuel Surcharge, Rent, Late Payment, etc., are excluded from milestone spends.
Bank's Discretion:
👉Axis Bank may block, suspend, or cancel a card anytime, without notice, for violation of terms.
👉NOC (No Objection Certificate) is not issued if the card was closed for a breach of terms.
💡Stay informed to not get your self banned/blocked! 💡Similar Rules exist for all other banks, do know the ground rules before doing hacks/loop holes etc! 😉
♻️ For Awareness !
Source - MITC Link : Mitc
