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Finally I got an Axis credit card after 3 rejections

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buttman

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So I had applied for the Axis FK Co branded cc back in the month of Feb 2022 for the first time and got an instant rejection.

I had learned at the time from various forums that I need to wait for 3-6 months after the initial rejection and that I should reapply only after the aforementioned cooldown period is over.

I had forgotten about it altogether and went on a Infinity saga where I was Thanos and my infinity stones were different credit cards.

Fast forward to the month of September 2022, I got a call from an agent claiming to be from Axis ( spoiler alert- He was not ) and that they are offering a co branded Axis LIC credit card.

I quickly accepted his offer and signed up for it. The kyc personnel visited my residence and collected all the necessary e-documents.

Within 72 hours, I was informed that my application has been rejected due to internal policy.

Considering I hadn’t received any rejection in a while and having impeccable credit history in terms of repayment, I got furious and in the heat of that moment I reapplied for their Myzone CC.

And guess what? EVEN THAT WAS REJECTED ALMOST INSTANTANEOUSLY WITH THE SAME INTERNAL POLICY BS!

My disappointment was immeasurable and my day was ruined but I wasn’t gonna give up.

I escalated the issue to Axis’s nodal and principal nodal officer. Same response was received from their end. I even escalated the issue with RBI and I got the same reply from them stating that it is upto bank’s policy to accept or reject as per their discretion

So much for their guidelines on “reason for rejection”

However the RBI closure notice stated that and I quote

“The bank had reviewed the complainant's application for credit card and confirmed that they were unable to offer credit card to the complainant due to low application score. This is a commercial decision of the bank and any grievance arising out of such decisions cannot be processed under RBIOS 2021.

If they meant credit score by the above reasoning then my score was 771 at the time.

Fast forward to last week, I suddenly received a Pre approved promotional message from Flipkart that I am eligible for their co branded cc.

I was astounded, said WHAT THE HELL and proceeded to sign up for the application again. Went on to complete their video kyc, had a verification visit from their agent and lo and behold- I GOT THE APPROVAL.

I was stilll under the impression that a rejection might be on it’s way but got a tracking id and everything and todat received my card with a credit limit of whopping 1,80,000/-

Things to note from the above:

-There is cool down period it seems as I got the card just after getting rejected last month ( Sept 2022 )

-Applying for Axis card is like playing the lottery

-Monkeys are running the show at Axis

TLDR- Got rejected thrice, got accepted anyway with a decent limit. Axis is weird!?

Expired
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27 Comments  |  
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Benevolent Benevolent
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Hats off to your dedication and perseverance.
Axis __tha/__hai/__rahega....
Hence proved once again biggrin

Deal Cadet Deal Cadet
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Hahahaha!

Axis works in its mysterious ways

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Generous Generous
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 By axis they mean 'F' axis & not a normal x/y/z axis

Deal Cadet Deal Cadet
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+1

XD

Finance Mentor Finance Mentor
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I agree with your statement: Monkeys are running the Axis show. And it's not only limited to their credit card. Their savings account and management is as weird. If you enquire about a specific saving account variant they are like "We don't have anything like that" and if you show them online then they exclaim "wow, we didn't know we had something like that! What are the requirements?" 

Deal Cadet Deal Cadet
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Typical axis it seems. Ek month pehle tak I wasn’t even eligible and apparently had low score but now suddenly I am eligible for a limit of 180k.

I was expecting 15-20limit at max but jadoo hogaya 😂

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Deal Cadet Deal Cadet
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Mine rejected two times, and FK approved in 3rd. They will simply send automated email copy/paste message if you ask anything.

HDFC and ICICI still answers politely and i had the best experience with them as of now. Axis care is worst.

Deal Cadet Deal Cadet
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Icici has been the best for me in terms of service. It is the first private bank acc I ever had and I still hold it with em just because of their impeccable service. Sure I’ve had a few annoying hiccups here and there but it isn’t something a tweet or a call wouldn’t solve. Their email support is absolute shite though as per my experience.

Savings Mentor Savings Mentor
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@buttman Your post made me feel good about Axis rejection. My Axis Flipkart and LIC applications were rejected as well despite having similar CIBIL score of 765. I plan to apply for some LTF free card only now from Axis, like MyZone or FK Axis when they are LTF for some short offer period. I don't think Axis Flipkart is worth paying for for just 5% cashback. I get all 10% off on Flipkart always from gift vouchers purchased via Supercoins anyway, or via some other BNPL cards or Paytm.

Deal Cadet Deal Cadet
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I will soon apply for myzone and close axis fk. Reason for getting fk axis is welcomr benefits of 1k vouchers which pays for annual fees itself and extra profit.

Deal Cadet Deal Cadet
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Are they giving Flipkart Axis LTF now?
Deal Cadet Deal Cadet
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No! Joining fee and annual fee applicable 

Super Stud Super Stud
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@buttman, How much time it took for you to get a reply from RBI ombudsman?

Deal Cadet Deal Cadet
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Almost a month! Filed a complaint on 19th Sept and got the final closure notice on 17th Oct

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Deal Cadet Deal Cadet
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My case is very different. "I have applied for axis card three times before, on all three instances it was approved with this message recieved "Congratulations, welcome to Axis Bank Credit Cards! Your Application for Axis Bank Credit Card is approved. The card details will follow shortly." But I never recieved the card. It also shows approved in the tracking portal with limit. This time also I have got the same message for approval. I want to know the exact reason why the card status is not updated from this state??"

I sent above message to PNO to enquire the reason.

See what reply I got,

"Dear Sir/Madam,

Thank you for writing to Axis Bank. 

We acknowledge the receipt of your mail dated 10/09/2022 addressed to Nodal Office regarding Credit Card application.

We apologies for the inconvenience caused to you.

As per your concern, we would like to inform you that your card has been approved at initial stage therefore you have got the message as approved. However, later your Credit Card application has not been approved as the same does not meet the bank’s internal policies and operating procedures.

Hope we have addressed your concern."

Now I have applied 4th time today for Indian oil card. This time got approval within 5 minutes. recieved approval om both email and sms. I also expect the same behaviour.
See the screenshots attached.


https://cdn0.desidime.com/attachments/photos/821158/medium/IMG20221105233414.jpg?1667671665
https://cdn0.desidime.com/attachments/photos/821159/medium/IMG20221105233312.jpg?1667671688
Now, what should I do?? Any Suggestions? Have a add on card on my name of axis privelege card that is with my father as primary holder. Is it causing any issue? Also have axis account.

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Helpful Helpful
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Bas Itna Hi......10 Rejection liye iss card ke chakkar main or sath main sardardi....Then got it with 15K limit & recently received limit increase offer & now my limit is 65K 😉

Deal Newbie Deal Newbie
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  • Application Status Rejected on 10 Oct 2023

    We regret to inform you of our inability to approve your application as it does not meet the Bank’s internal Policy norms. Please refer to the email that will be sent to your email ID shortly

Deal Newbie Deal Newbie
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Screenshot20231122083230

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