Which Bank gives most frequent limit enhancement on credit card

[fcmaTanveer]

Dear All, My Oldest card is Amazon Pay and having a Limit of 5.2 Lacs, Limit enhancement is very slow, my friends having HDFC and other credit card having a limit of 10 Lac with same credit age.

Please advise

 

[4uziaul]

If you search this forum, you will find that ICICI is quite generous when it comes to limit enhancement, and on the contrary, HDFC is quite the opposite of ICICI.

 

[Rahul92]

If you search this forum, you will find that ICICI is quite generous when it comes to limit enhancement, and on the contrary, HDFC is quite the opposite of ICICI.

That's true. ICICI and Kotak are the most generous.

 

[Indian]

My personal experience Kotak is great increasing limit.

 

[abhishek0882]

As per my personal experience, Kotak increased limits most frequently, followed by ICICI. Citibank was the worst - my oldest card (over 15 years old) and still has the lowest limit of all my cards.

 

[U_Utkrsh]

For me the most frequent has been ICICI, Kotak is the 2nd best. However, I have been receiving enhancement at proper intervals for most of my other cards as well.

 

[Rohan]

Any tips for getting le offer in kotak

 

[Cardmarvel]

For me the most frequent has been ICICI, Kotak is the 2nd best. However, I have been receiving enhancement at proper intervals for most of my other cards as well.

From my personal experience, icici was most liberal. They increased my already decently high limit by 6x. Same with Citi. But for both these banks, I had to provide salary slips. On the other hand, axis and Hdfc offered LE without asking and without proof

 

[U_Utkrsh]

Any tips for getting le offer in kotak

If you have savings account with them then park some funds for few months. It might work. Alternatively you can request for manual LE anytime by sending card statement of any other card from your portfolio.

 

[SMGROW]

For me HDFC has been very generous in giving LE almost every year without any income proof.

 

[srikant]

I have BoB (starting 50k) from Jan 2014 and HDFC (starting 100k) from May 2015. Both of them gave an LE only in 2021-odd -- exactly 30%. BoB at least did it but HDFC kept asking for a fee when I tried to accept the offer online, and finally I answered their spam call and through that they did it without charges.

I asked BoB for another increase with pay slip -- indeed I asked to convert Easy to Premier. They said they can only increase limit to 91k (I was flabbergasted -- but later I heard they always give only 30 or 40% increases, and this is an exactly 40% increase). And that Premier needs at least 1L !

I think that regardless of the bank, you probably would be best off asking LE yourself at regular intervals. People recommend 6 months, but I think every time your ITR gets assessed is probably a good interval.

That said, maybe Kotak and ICICI are indeed more proactive in LE. I just got their Urbane and Platinum cards!

 

[abhishek0882]

I have never requested any bank for LE on my own. Have enhanced only when they have made an offer and I accepted it each time. I have never had to share my income or any documents for any such LE offers by the banks. Surprisingly, Kotak and ICICI are the cards which I have used the least - rarely used actually - and these are the cards that offered maximum and most frequent LE offers.
Just completed 6 months on my Axis Magnus and Vistara cards this week. Have used these cards as my daily drivers during this period. Wonder how Axis is with LE offers on these cards. Anyone with any experience on Axis bank LE offers on these cards?

 

[bhavik886151]

If you search this forum, you will find that ICICI is quite generous when it comes to limit enhancement, and on the contrary, HDFC is quite the opposite of ICICI.

have a coral card in my family from 4 year with limit of 50k only not a single time received any LE

 

[4uziaul]

have a coral card in my family from 4 year with limit of 50k only not a single time received any LE

There will always be exceptions, check this thread and even this forum what other's have said. Even saying from my own personal experience, they are quite generous.

 

[SMGROW]

I have never requested any bank for LE on my own. Have enhanced only when they have made an offer and I accepted it each time. I have never had to share my income or any documents for any such LE offers by the banks. Surprisingly, Kotak and ICICI are the cards which I have used the least - rarely used actually - and these are the cards that offered maximum and most frequent LE offers.
Just completed 6 months on my Axis Magnus and Vistara cards this week. Have used these cards as my daily drivers during this period. Wonder how Axis is with LE offers on these cards. Anyone with any experience on Axis bank LE offers on these cards?

I had requested Axis to increase credit limit on Magnus upon completion of 6 months. They gave the LE upon submission of income proof.

 

[abhishek0882]

have a coral card in my family from 4 year with limit of 50k only not a single time received any LE

Banks do work on their own whims and fancies on the pretext of 'internal policies/criteria' which they never disclose. It is baffling at times. Especially when you can see privileges being given to others around you while you maybe doing better on whatever the logical criteria for receiving the privileges could be.
Even on making cards LTF, they do it easily for some without much scrutiny or tracking while for others who seem to fulfil all criteria, they fight not to do it. I do not mind if the reasons are stated, but it is not done. There seems to be no remedy for this as well - seems to be purely on discretion. Credit score, history, RV, salary credit, vintage of card/account, usage - nothing seems to matter - either ways.

 

[abhishek0882]

I had requested Axis to increase credit limit on Magnus upon completion of 6 months. They gave the LE upon submission of income proof.

I guess I will wait for them to come up with an LE offer, let's see if they offer one on their own. Has anyone got an offer from Axis side?

 

[bhavik886151]

Banks do work on their own whims and fancies on the pretext of 'internal policies/criteria' which they never disclose. It is baffling at times. Especially when you can see privileges being given to others around you while you maybe doing better on whatever the logical criteria for receiving the privileges could be.
Even on making cards LTF, they do it easily for some without much scrutiny or tracking while for others who seem to fulfil all criteria, they fight not to do it. I do not mind if the reasons are stated, but it is not done. There seems to be no remedy for this as well - seems to be purely on discretion. Credit score, history, RV, salary credit, vintage of card/account, usage - nothing seems to matter - either ways.

yes nothing matters to bank

 

[nrb]

I have never asked Banks to increase LE. Every time accepted the pre-approved offers.
My max limit is with
ICICI
HDFC
Citi

in the same order ...

Axis is most kanjoos in giving LE. Their limit is low and they increase also very slow.