Should I accept LE 50K to 4L for my Flipkart Axis

[thebonginvestor]

I am having Axis Ace (3L) and Flipkart Axis (Limit was 50 K till May 23), now after limit sharing my aggregate limit across all cards is 3L. Today I got a notification to increase my credit limit for Flipkart Axis to 4L. I am planning to close this Flipkart card. If I take this LE now, after closing this Flipkart card will my aggregate limit continue to 4L or it will decrease to 3 L for my ACE card.

 

[srikant]

There seems to be nothing to lose, right? Why not take the LE?

 

[Theron]

Just increase the limit now and after that you close your FK card. Your CC limit will be 4L only.

 

[BUDHRAJ]

take the LE and then your aggregate limit will be 4L..
then mail axis to match the aggregate limit to all cards individually, now all your cards have 4L limits..

now you can close the card

 

[SSV]

I am having Axis Ace (3L) and Flipkart Axis (Limit was 50 K till May 23), now after limit sharing my aggregate limit across all cards is 3L. Today I got a notification to increase my credit limit for Flipkart Axis to 4L. I am planning to close this Flipkart card. If I take this LE now, after closing this Flipkart card will my aggregate limit continue to 4L or it will decrease to 3 L for my ACE card.

its a no brainer, just take it and follow @BUDHRAJ advice