Upgrade from Neo LTF

[theneerex]

I have an Axis Neo card as LTF which I got due to my first salary account. I don't really find this card useful. I also have an Axis Ace card which is my primary.

I want to upgrade my Neo card to something better, but I don't want to pay a fee.

Can I upgrade my Neo to MyZone LTF? I'm thinking of MyZone because higher cards like Privilege will be hard to get as LTF

 

[Krish]

I have an Axis Neo card as LTF which I got due to my first salary account. I don't really find this card useful. I also have an Axis Ace card which is my primary.

I want to upgrade my Neo card to something better, but I don't want to pay a fee.

Can I upgrade my Neo to MyZone LTF? I'm thinking of MyZone because higher cards like Privilege will be hard to get as LTF

If you shop on flipkart often, try for the flipkart axis bank card.

 

[theneerex]

I don't shop on Flipkart. I have Amazon pay card for my Amazon spends

Another reason I don't want to go for the Flipkart card is that it'll open a new credit card account.

From what I learnt, there are 3 different rewards systems in Axis credit cards - Edge rewards, edge miles and cashback

If your current card and newly upgraded card are of the same rewards system, you'll carry forward your credit history and no new credit account will be made but if you upgrade from a edge rewards card to a cashback card, a new credit account will be opened and the old card will still be active

Please correct me if I'm wrong @here

 

[theneerex]

Check CC offers in your Axis app ... If you upgrade your account to Burgundy you'll get Select CC pre approved LTF ...

If your company has tie up with Axis ... Talk to corporate RM ... Tell them you want a good LTF CC ...

That's a good suggestion man... But the unlucky thing is my company doesn't have a tie up with any bank (very early stage startup)

So despite having enough salary to have high end bank accounts, no bank gives them to be because they don't have a tie-up

 

[theneerex]

Check CC offers in your Axis app ... If you upgrade your account to Burgundy you'll get Select CC pre approved LTF ...

If your company has tie up with Axis ... Talk to corporate RM ... Tell them you want a good LTF CC ...

Let's say I upgrade to a burgundy savings account, and then upgrade my CC to select LTF

If I downgrade my account to a regular Liberty account after a few months, will my select CC become paid?

Also, what's the minimum balance requirement for burgundy?

 

[Krish]

Let's say I upgrade to a burgundy savings account, and then upgrade my CC to select LTF

If I downgrade my account to a regular Liberty account after a few months, will my select CC become paid?

Also, what's the minimum balance requirement for burgundy?

MAB is 10 lac, but they might give you for a lesser amount too if you fund it initially.

 

[iAmPm]

I don't shop on Flipkart. I have Amazon pay card for my Amazon spends

Another reason I don't want to go for the Flipkart card is that it'll open a new credit card account.

From what I learnt, there are 3 different rewards systems in Axis credit cards - Edge rewards, edge miles and cashback

If your current card and newly upgraded card are of the same rewards system, you'll carry forward your credit history and no new credit account will be made but if you upgrade from a edge rewards card to a cashback card, a new credit account will be opened and the old card will still be active

Please correct me if I'm wrong @here

I had myZone card upgraded it to FK axis. Now its showing 2 different entry in my cibil, Not sure if it is due to edge to cashback card up-gradation.
Coming to your case, you already have ACE(cashback card), NEO(edge reward card). So there should be 2 different entries if that is correct.
PS: you get myZone CC LTF with prestige salary account, Select CC LTF with burgundy account and NO they don't downgrade the card if you downgrade the account or even close the account.

 

[theneerex]

If possible, convert your Axis account to Burgundy. You don't have to maintain balance.

Can you please elaborate on the process of doing it? And if you had the experience of your credit card being upgraded to Select credit card, pls share more details

 

[theneerex]

I had myZone card upgraded it to FK axis. Now its showing 2 different entry in my cibil, Not sure if it is due to edge to cashback card up-gradation.

Was your myzone card closed once you upgraded to flipkart card?

Coming to your case, you already have ACE(cashback card), NEO(edge reward card). So there should be 2 different entries if that is correct.

Correct

PS: you get myZone CC LTF with prestige salary account, Select CC LTF with burgundy account and NO they don't downgrade the card if you downgrade the account or even close the account.

Awesome... that's what I wanted to know.

Follow up question, if I upgrade my account to Burgundy, will they issue a new card right away? Or will they upgrade my existing card?

I want to make sure my current Neo credit card account history is carried onto the new card since its my first CC and I have only 2.5 years of credit history, so can't close my first CC

 

[iAmPm]

Was your myzone card closed once you upgraded to flipkart card?



Correct


Awesome... that's what I wanted to know.

Follow up question, if I upgrade my account to Burgundy, will they issue a new card right away? Or will they upgrade my existing card?

I want to make sure my current Neo credit card account history is carried onto the new card since its my first CC and I have only 2.5 years of credit history, so can't close my first CC

No, myZone and Fk Axis both are active. See in axis if you upgrade a CC you will have both cards old and new. In Axis you can have 3 cards at a time.

 

[theneerex]

No, myZone and Fk Axis both are active. See in axis if you upgrade a CC you will have both cards old and new. In Axis you can have 3 cards at a time.

I think its because you upgraded to a different rewards system. AFAIK if you upgraded from MyZone (Edge Rewards) to a card on edge rewards (ex Prevelige/ Select), your old card would be deactivated and your new card will replace it

No new credit account would be created because your new card will be linked to the existing account.

 

[iAmPm]

Coming to burgundy, Select CC is complimentary with a burgundy account so if you are eligible they will give you a pre-approved offer at their time and that should be LTF. Of course your other cards will be active even after you get SELECT, given that you don't have more than 3 cards

 

[iAmPm]

I think its because you upgraded to a different rewards system. AFAIK if you upgraded from MyZone (Edge Rewards) to a card on edge rewards (ex Prevelige/ Select), your old card would be deactivated and your new card will replace it

No new credit account would be created because your new card will be linked to the existing account.

you can talk to customer care once. I never heard this type of thing so i can't comment

 

[iAmPm]

But you will find many people holding FK axis and ACE at the same time. both are cashback cards.

 

[theneerex]

But you will find many people holding FK axis and ACE at the same time. both are cashback cards.

Yeah I've seen that too, I might be wrong about the above comment then

 

[theneerex]

I think its because you upgraded to a different rewards system. AFAIK if you upgraded from MyZone (Edge Rewards) to a card on edge rewards (ex Prevelige/ Select), your old card would be deactivated and your new card will replace it

No new credit account would be created because your new card will be linked to the existing account.

Confirmed this with the customer care. They said this is applicable when you upgrade from edge rewards card to another edge rewards card.

Its not applicable in case of cashback cards i.e every new cashback card will create a new credit account