Does axis consider refund as payment after statement generation?

Yes , no idea for axis though, normal cc works this way, they consider as payment.

kartikxxx wrote:

Yes , no idea for axis though, normal cc works this way, they consider as payment.

Icici won't consider it as payment

Citibank does though 

kartikxxx wrote:

Yes , no idea for axis though, normal cc works this way, they consider as payment.

Amount itna bada hai ki advance pay bhi nhi kar sakte lol. Upar se bank bhi axis hai , mauka dhundhte hain charges marne ka.

Tanmayyy wrote:

Amount itna bada hai ki advance pay bhi nhi kar sakte lol. Upar se bank bhi axis hai , mauka dhundhte hain charges marne ka.

Axis be like.

They do (Verified with FK Axis) In any case, pay the Min due amount
You can also pay full amount and request excess credit refund later (Straight forward if you got Axis savings account, else they need Bank statement for last cc bill payment+ cancelled cheque), NEFT payment will be processed in less than a week

Yes they will. Moreover they must be aware of last incident with you and RBI

This month I spend 2lakhs in flipkart using my flipkart axis card means I will get 10k cashback 

If I spend another 50k will they block my card?

Bcz last 15months back my Amazon pay icici card blocked and not credited my 12k cashback 

Anyone tel me pls

Rakhi_srikak wrote:

This month I spend 2lakhs in flipkart using my flipkart axis card means I will get 10k cashback 

If I spend another 50k will they block my card?

Bcz last 15months back my Amazon pay icici card blocked and not credited my 12k cashback 

Anyone tel me pls

Karte kya ho bhai

kartikxxx wrote:

Karte kya ho bhai

Booking realme 10pro+ 8gb mobiles

Rakhi_srikak wrote:
Booking realme 10pro+ 8gb mobiles

Shop?

kartikxxx wrote:

Shop?

S

ansh7 wrote:

Yes they will. Moreover they must be aware of last incident with you and RBI

Pno has stopped replying to me after that 😂😂

Yes for Amex, HSBC and Citi. No for all Indian banks.

It is not treated as payment but adjustment on next statement date. Min amt due must be paid. Otherwise, they will levy late payment charges. 

Big No, once they charged me 500+gst but reversed after complain

getready wrote:
They do (Verified with FK Axis) In any case, pay the Min due amount
You can also pay full amount and request excess credit refund later (Straight forward if you got Axis savings account, else they need Bank statement for last cc bill payment+ cancelled cheque), NEFT payment will be processed in less than a week

+1

If you hold axis bank sb account excess amount will  get automatically credited to your sb account before next bill generation date and bill will be generated for zero amount. 

@tanmayyy@

just pay minimum due to be safe even if they don't consider refund as payment you won't be charged any fine as minimum payment was paid on time 👍

Bk100 wrote:

+1

If you hold axis bank sb account excess amount will  get automatically credited to your sb account before next bill generation date and bill will be generated for zero amount. 

@tanmayyy@

Actually the card i used was of my father and he doesn't hold a savings account with them.

Rakhi_srikak wrote:
S

High chances of fk acc block.

guest_999 wrote:
High chances of fk acc block.

Man I hv 10 flipkart acc
I booked mobiles in  diff acc

Just ay the minimum amount thats nothing you need to do. Then after use your excess amount.

Rakhi_srikak wrote:
Man I hv 10 flipkart acc
I booked mobiles in  diff acc

Chances of all acc block, you use same fk card afterall in all the accs.

If you are using Amazon pay or FK axis for commercial purposes. They will block account and card.

U should call CC and ask how much is outstanding. Same happened with me for mobile on Flipkart. I called kotak cc and they confirmed that the refund is adjusted.

As per the new RBI rule, a refund is to be taken as payment against outstanding. So it should be fine just, check with CC

kkrulesdnation wrote:

If you are using Amazon pay or FK axis for commercial purposes. They will block account and card.

My flipkart axis card is fd based still it blocked?

Rakhi_srikak wrote:
Man I hv 10 flipkart acc
I booked mobiles in  diff acc

Then 100% chance your card will get blocked. Dont do it.

Rakhi_srikak wrote:

My flipkart axis card is fd based still it blocked?

What difference does it make If its fd based card? Why wouldn't it get blocked? Terms says no commercial use. So dont.

neel648 wrote:

What difference does it make If its fd based card? Why wouldn't it get blocked? Terms says no commercial use. So dont.

Bro if they just block? R cashback also reversed?

Rakhi_srikak wrote:
Bro if they just block? R cashback also reversed?

obviously. To do commercial transaction get a corporate credit card. Or some international banks credit card like hsbc or standard chartered or something ( no guarantee though)

Rakhi_srikak wrote:

My flipkart axis card is fd based still it blocked?

Bro, mess around n find out. And don't forget to share the tale.