order multiple phones from Flipkart axis CB credit card

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Deal Cadet
anuraggarg
Is there a limit on ultilization of Flipkart axis credit card for cashback. As I had seen a post where axis bank closed credit card of one dimer for high usage
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Generous Generous
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reminded me of a post on DD where someone used to purchase electronic items such as smartphones at 5% cashback from Flipkart Axis Bank CC and used to sell them at some profit but the buyers gave him cash which he deposited in bank account (to repay CC bill) and ultimately his CC was also blocked by Axis Bank, leaving him with loss of good amount of cashback for last statement yet to be generated

then got notice from IT department seeking source of those funds (more than 17 lakhs) since the ITR filed was for much much lower amount

P.S. It has nothing to do with OP, just got reminded of that post and the trauma involved (for him)

Deal Cadet Deal Cadet
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Yes I am referring to same post
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5k a month

Deal Cadet Deal Cadet
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Isn't it too less

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Theoretically no limit, but practically take 5k cb per statement limit as the cut off / trigger point to avoid the risk of closure of the card.

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They will consider it commercial use and block card. Cashback will also be forfeited. Be very careful.

Beacon Beacon
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Don't do Many Transactions for cashback on mobile booking etc. They will close your Card and Cashback Forfeit also done.

Deal Cadet Deal Cadet
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Also wait for

Flipkart account blocked

INCOME TAX NOTICE

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High CB can lead to banning your card.

Axis has done this multiple times in the past too citing commercial usage as the reason.

Crowdpuller Crowdpuller
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Op's focus is on flipkart credit card and not on flipkart account. I see you dimers misunderstood...

Benevolent Benevolent
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Don't Purchase Multiple Phones In A Single Account To Same Address Else Account Ban

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Flipkart account gets banned

I ordered 3 Mobile phones in a week. Genuine purchases for my family but they blocked the account.

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no

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