https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9009788
akki.akki
Link Copied
instead close the card after consuming welcome benefits.
Inactive credit card charge
- 1647
- 25
-
- Last Comment
I have applied for a credit card from Axis bank, which, upon reflection, I now realize I don't want / need. Biometric verification has been completed, and card application is under review. Can I -
1. call and cancel application currently under review?
2. keep the card in inactive state, i.e., don't assign a PIN or something, which would prevent a joining fee or a statement generation?
I can take the CIBIL hit, but I'd rather not be stuck with the card.
1. call and cancel application currently under review?
2. keep the card in inactive state, i.e., don't assign a PIN or something, which would prevent a joining fee or a statement generation?
I can take the CIBIL hit, but I'd rather not be stuck with the card.
Expired
24 Comments
|
12 Dimers
- Sort By
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9009807
That'll still leave me on the hook to pay relevant fees. Closing the card won't stop them from charging me for it.
View 2
more replies
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9009847
dont activate it, it will automatically close
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010069
I hope that's going to be the case, but I'm not certain if it'll attract a statement or a charge of some sort...
View 10
more replies
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010121
Why did you apply for it in the first place?
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010208
Sometimes good decisions taken with adequate deliberation look terrible on hindsight.
I thought I'd be able to get good use out of it, but post application, I don't think it'll work out.
I thought I'd be able to get good use out of it, but post application, I don't think it'll work out.
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010326
Call and ask them to cancel your application (right now), tell them you were mis-sold and you understood benefits/spend criteria wrongly and applied in error with wrong sense of understanding... don't listen to anything they say, just be hard on your decision while communicating. Keep call recorded and send an email to CC dept. with the same statement so that you can refer later.
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010806
I heard that if you don't activate the CC in the first month it will be closed so there's that.
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9010928
As per RBI guidelines, If the customer don't activate a card within 30 days of receiving it, the Bank has to close the card. I did the same with one of my cards (HDFC). The card was active even after 30 days so i wrote an email to CC and they closed it immediately
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9013840
Sadly card was approved. Now I'll just hope nothing comes of it when I don't activate.
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9015580
Irony, people pray for axis card approval...😏
https://www.desidime.com/discussions/inactive-credit-card-charge?page=1#post_9015587
Axis -
Click here to reply
Reply
