Should I close Amazon Pay Later?

[SSV]

Bhai I want to ask something.
If we don't close the Amazon pay later account, so what will be the drawbacks for this? I use the pay later some times while placing orders on Amazon, but not that frequently, I use the pay later when I was not sure if I will take the order or not, because they credit the refund instantly.


In my case Axio is the partner, 2 consumer loans are showing in my cibil.
So if I don't close this, how this will affect my cibil?

Contact axio or Amazon or both and ask them to increase the pay later limit and tell them you have high itr/salary slip.

Not for actually increasing the limit but for understanding how they works. What are the options if you ever face problems like wrong cibil entry or update , payment failures missed due dates etc.

Now I know these problems may not be related to you but these problems happen to lots of peoples out there.

If everything is running smoothly there may not be any problem in fact in some opinions it may impact slightly positively but one small blow may completely ruin your credit score. And there you will not find Amazon as helpful because they can't help you and axio will try but you still may need help of the partner bank like kvb and the kvb may not entertain since you are not directly a customer of them. I don't know if they now a days have any better helpline for that.

This irritating cycle may cost your inner peace.


So my opinion if you have good and sufficient alternative options like credit cards you may surely avoid mixed partner paylaters like Amazon/Flipkart pay laters.

@me_sovon

As @cardy mentioned , if you have other alternatives close APAY Later, as it will be fine and nice as long as everything works smoothly, but if something goes wrong then rectifying it will take quite a long time and with some efforts as Apay is not the full fledged lender in the industry .. they partner with someone else.

Generally speaking, having any BNPL shows that , the customer is not able to get credit in the traditional route and hence viewed as " credit hungry/ credit desperate" .. This is my personal view...

 

[me_sovon]

@me_sovon

As @cardy mentioned , if you have other alternatives close APAY Later, as it will be fine and nice as long as everything works smoothly, but if something goes wrong then rectifying it will take quite a long time and with some efforts as Apay is not the full fledged lender in the industry .. they partner with someone else.

Generally speaking, having any BNPL shows that , the customer is not able to get credit in the traditional route and hence viewed as " credit hungry/ credit desperate" .. This is my personal view...

Thank you 🙌

 

[me_sovon]

Contact axio or Amazon or both and ask them to increase the pay later limit and tell them you have high itr/salary slip.

Not for actually increasing the limit but for understanding how they works. What are the options if you ever face problems like wrong cibil entry or update , payment failures missed due dates etc.

Now I know these problems may not be related to you but these problems happen to lots of peoples out there.

If everything is running smoothly there may not be any problem in fact in some opinions it may impact slightly positively but one small blow may completely ruin your credit score. And there you will not find Amazon as helpful because they can't help you and axio will try but you still may need help of the partner bank like kvb and the kvb may not entertain since you are not directly a customer of them. I don't know if they now a days have any better helpline for that.

This irritating cycle may cost your inner peace.


So my opinion if you have good and sufficient alternative options like credit cards you may surely avoid mixed partner paylaters like Amazon/Flipkart pay laters.

Thank you 🙌

 

[me_sovon]

@SSV
I got the Amazon card at first then I got the coral rupay card with the shared limit of Amazon pay ICICI card, so if in any case I close my Amazon pay card or it will block for any reason, does that affect my Coral card?

 

[SSV]

@SSV
I got the Amazon card at first then I got the coral rupay card with the shared limit of Amazon pay ICICI card, so if in any case I close my Amazon pay card or it will block for any reason, does that affect my Coral card?

No . .
They are independent