Unable to increase credit limit on Axis Bank cards

[Kaizer]

I've been trying to increase my Axis Bank credit limit for some time, but it keeps saying that I'm not eligible for it. Have been stuck on the same credit limit (₹60k) for the last 4 years.
Very recently I got the Amazon Pay ICICI card with credit limit of ₹1.7l and SBI Cashback Card with limit of ₹1.4l.
I have been maintaining a savings account with Axis for the last 6+ years, yet not getting any limit increase from them.
Any idea what else I can do to get my limit increased?

 

[m4b]

Once I clicked that by mistake.
So I missed the chance of LE? 🥲

Lmao when was the last time you have gotten pre approved CLE?

 

[Kaizer]

No. It is 10lakhs MAB in savings or 30 lakhs in FDs etc.

Oh ok. Thanks

 

[dravidsarang]

I've been trying to increase my Axis Bank credit limit for some time, but it keeps saying that I'm not eligible for it. Have been stuck on the same credit limit (₹60k) for the last 4 years.
Very recently I got the Amazon Pay ICICI card with credit limit of ₹1.7l and SBI Cashback Card with limit of ₹1.4l.
I have been maintaining a savings account with Axis for the last 6+ years, yet not getting any limit increase from them.
Any idea what else I can do to get my limit increased?

This worked for me:
After 6 months I reached out to customer care where I was asked to submit my 3 months payslip. But surprisingly, the request for LE never got fulfilled. (This was for axis Flipkart)
I force closed that card and after 3 months applied for axis Airtel from Airtel app.
The new card came with a limit of 5lks+
The old card was at 40k

 

[dealminer]

Lmao when was the last time you have gotten pre approved CLE?

Haven't got any LE yet, got limit of 306k

 

[Kaizer]

This worked for me:
After 6 months I reached out to customer care where I was asked to submit my 3 months payslip. But surprisingly, the request for LE never got fulfilled. (This was for axis Flipkart)
I force closed that card and after 3 months applied for axis Airtel from Airtel app.
The new card came with a limit of 5lks+
The old card was at 40k

Do I have to force close my current cards and apply for a new card, or can I just apply for a new one while retaining my existing cards?

 

[Kaizer]

Out of curiosity, what kind of credit limit can I expect from banks with annual income of around 20 lakhs?

 

[nareshkumar]

I've been trying to increase my Axis Bank credit limit for some time, but it keeps saying that I'm not eligible for it. Have been stuck on the same credit limit (₹60k) for the last 4 years.
Very recently I got the Amazon Pay ICICI card with credit limit of ₹1.7l and SBI Cashback Card with limit of ₹1.4l.
I have been maintaining a savings account with Axis for the last 6+ years, yet not getting any limit increase from them.
Any idea what else I can do to get my limit increased?

You can send email to premium.experience@axisbank.com stating your last 4 digit card number and the reference of your account relationship for more than 6 years. I got 1.5 Lakhs limit increase last week.
Note: Make sure you didn't initiate any request on credit limit in the last 6 months. Otherwise they will not process and you have to wait another 6 months to initate a new request.

 

[SplendorSuperman]

Do I have to force close my current cards and apply for a new card, or can I just apply for a new one while retaining my existing cards?

Just apply for new one , you’ll get a new limit.

 

[SplendorSuperman]

Out of curiosity, what kind of credit limit can I expect from banks with annual income of around 20 lakhs?

Also depends on your Credit Profile.

 

[HOME_CARDER]

Out of curiosity, what kind of credit limit can I expect from banks with annual income of around 20 lakhs?

2-6.5 lakh but depends on the credit profile. Also if you have any other card with higher limit and apply for axis cc using C2C they usually match it.

 

[Dragon_slayer]

I have personally noticed that Axis gives LE offer when they notice that you have spend a lot in last 1-2 months, like almost filled your existing limit.

For me, that happened last year. But now my expenses are quite normal so dont get new offers.

 

[Dragon_slayer]

More than LE, I think bigger issue is that Axs have now removed option to go above limit. Like previously if you have 2L limit, you can spend 2L -> repay -> then spend 2L again. But now thats not possible

 

[Vasuki]

Or if you have plenty of money, you can open a Burgundy savings account with 10 lacs and apply for Magnus Burgundy card after 90 days.
You will get a huge limit

10 lakh and 90 days yet
U go through normal.process of apply it's not sure case? Right

 

[drsel]

10 lakh and 90 days yet
U go through normal.process of apply it's not sure case? Right

To make sure, you need 30 lacs fixed deposit

 

[MADHAN1974]

I closed all my axis Bank credit card (select and Magnus) Magnus I closed last month. Select didn't meet the 3 lakhs target and I lost my priority pass so I closed select also.

 

[dravidsarang]

Do I have to force close my current cards and apply for a new card, or can I just apply for a new one while retaining my existing cards?

You can definitely apply for new cards and can keep current card active too. However, here is the catch, if you go to axis app and click on apply cards, it will show you the current limit and possibly the new card will come with shared limit to existing. This will be a big blunder 😂
That is the sole reason I closed my previous and applied a new one.
Adding screenshot for better understanding.

 

[prateekm03]

which card you applied and what are the existing cards ?

I had myzone and flipkart, I applied for ace(Via gpay of father, giving my details). Phone number was changed in card and axis which I later changed back.

 

[BVCBVC is verified member.]

After migration of Citi cards to Axis bank, my pre approved credit card section is gone. I guess I have to wait for 3 more months.

 

[Wealth is my birth right!]

To make sure, you need 30 lacs fixed deposit

yes 30lac FD gives 10l Limit in m4b instantly

 

[Fini7777]

I've been trying to increase my Axis Bank credit limit for some time, but it keeps saying that I'm not eligible for it. Have been stuck on the same credit limit (₹60k) for the last 4 years.
Very recently I got the Amazon Pay ICICI card with credit limit of ₹1.7l and SBI Cashback Card with limit of ₹1.4l.
I have been maintaining a savings account with Axis for the last 6+ years, yet not getting any limit increase from them.
Any idea what else I can do to get my limit increased?

try these methods
1. use the card regularly and reach at least 75% of the limit provided
2. apply for a new card from their website, not from pre approved section(Recommended)
3. Close the card and apply for a new one but it takes time
4. Manually req for LE using income docs