I had Axis Bank kiwi credit card which got approved in Aug 23 with limit Rs 15000. In first week on Nov, I have applied for Ace credit card and today I received the card, which on letter mentioned limit of Rs 32000.
On viewing the card through axis bank application, total aggregate credit is showing as Rs 32000. On clicking individual card, for kiwi 15000 and for Ace 32000 is showing.
(a) So my total aggregate should be 47000, then why it is showing rs 32000 as aggregate credit limit.??
(b)Why axis bank is allowing too low credit limit?
(c)Is possible to pay advance amount and increase the limit,eg:- by paying 10k today, can I make my limit to 42k?
(d) any trick to enhance the limit?
The aggregate limit is 32000 only.You can ask axis to match the limit of ace card to kiwi card so that you can spend up to 32k with your kiwi card too but don't forget that it's shared limit.
You can ask for limit enhancement after 6 month.Send them ITR/Salary slip they will increase your credit limit.
taking 2 cards from same institution is not suggestible.
avoid from next time.
(a) Your aggregate credit limit is INR 32000. If you spend INR 15000 from kiwi card then you have only left INR 17000 from ACE card to spend. And if you spend INR 32000 from ace card then you have zero to spend with kiwi card.
(b) Internal policy
(c) Axis don't allow to make a single transaction bigger than your assigned limit of card. They also don't allow to spend more than your credit limit in 24 hour as per my experience with axis bank.
(d) email your salary slip or ITR to their Nodal officer.
a) All the banks have the same policy. If you have multiple credit cards from same bank, then their credit limits will not be aggregated, instead they will be shared. For example suppose if you have three credit cards from same bank of limits 50,000, 75,000 and 1,00,000 respectively, then your overall limit will be 1,00,000 only.
b) Internal policy.
c) It is not advisable to do transaction larger than the credit limit by utilizing the method you have mentioned, most of the time banks will levy additonal charges for doing so.
d) Regularly use your credit card for couple of months, bank offer credit limit increase offer on their own or you can submit Salary slips, ITR to customer care and request them to increase your credit limit.
HasdaChehra wrote:taking 2 cards from same institution is not suggestible.
avoid from next time.
Axis 5 Card record breaking Holder entered the chat.
AX FK
AX MZ
AX NEO
AX ACE
AX IO
AX KW( Rejected)
urmila.contact wrote:Axis 5 Card record breaking Holder entered the chat.
AX FK
AX MZ
AX NEO
AX ACE
AX IO
AX KW( Rejected)
After reading the list, my inner soul be like:
" Wo stree hai, kuch b kar sakti hai"
Just kidding
