Received A SMS From Axis Bank, ACE Credit Card no. XXXX Has Been Cancelled
- 4811
- 33
-
- Last Comment
I received the following SMS for Axis bank credit cards
"Your Axis Bank ACE Credit Card no. XXXX has been cancelled & cashback earned has been revoked due to commercial use. Kindly pay any outstanding by the due date.Refer T&C"
Anybody got this message?
Pls suggest
- Sort By
stop using card for commercial purposes...all these people ordering mobile phones in bulk and doing recharges...ruining the card for people with normal usage...
abusing rent pay as well..
getting all the cards devalued...
What was your usage pattern in the last three months which compelled axis bank to take this decision ?
please share with your current limit and amount/cashback earned each month ..
Most likely you rotated the money for cashback. If you want to rotate the money make sure it is only to reverse the annual charge of the cc
Please elaborate
CB of around 10K per month or spends exceeding original card limit for 1 or 2 months leads to blocking
- based on observation
Will they block my card if I spend more than my credit limit by resetting the limit by pre paying the outstanding balance too?
Today got dispatched mail.
Ab ED CBI peeche ghumega, Axis ne to peecha chura liya khud hi...
Yaar logo ne to aate chaki ka business bana rakha hai, isliye har 8 mahine me devalue ho Jate hai
I could only spend 1.6 lakh in last year so I had to do 40k rent payment just to reverse annual charges. How are you guys spending 3 lakh in a month?
Looks like they caught you abusing the card like hell for cashback! Pure gaav ka recharge aur billpay karte the kya ?