What is the limit of Flipkart axis credit card?
The credit limit for your Flipkart Axis Bank credit card is fixed based on your CIBIL score and income. Generally, the credit limit ranges between ₹25,000 - ₹500,000.
After RBI's ban on Mastercard, the bank started issuing this card on the Visa network as a lifetime free credit card.15-Feb-2022
What is the disadvantage of Flipkart Axis Bank credit card?
Drawbacks of Flipkart Axis Bank Credit Card Few downsides that were noted with this credit card are: The card offers cashback on online spends only. Also there is no cashback earned on fuel transactions. No International airport lounge access comes with this card.20-Jan-2020
Rs. 15,000
Can I use 100% limit of credit card?
Yes, credit card issuers allow you to use your card for an amount above the credit limit, called the 'over limit' facility. Before you avail of this facility, there are a few things you need to keep in mind.08-Feb-2020
#1 Your Income/Salary: Usual credit limit is 2X or 3X of your monthly income. Suppose your salary slip shows Rs. 50,000 per month, you can expect Rs. 1 Lakh – 1.5 Lakh credit limit.10-Jan-2016
Can I use Flipkart Axis Bank credit card in petrol pump?
You also get a waiver of fuel surcharge up to ₹500 per billing cycle for fuel transactions of ₹400 to ₹5000 at any petrol pump. Note that the reversal is only for the fuel surcharge component and not the GST levied. No cashback is accrued either.
Primary cardholder between the age of 18 years and 70 years. Add-on cardholder should be over 18 years. Net income of Rs. 9,00,000 per annum and above.
Can I cancel Flipkart Axis Bank credit card?
Axis bank credit card customers in the country can call on 1800-233-5577/1800-209-5577/ 1800-103-5577 at anytime of the day to cancel their card membership with the bank.
Can I withdraw cash from an ATM using this credit card? Yes. You can withdraw cash up to the cash limit provided to you. However, a cash withdrawal fee will be charged at the rate of 2.5% of the amount withdrawn or Rs.29-Nov-2022
Is Flipkart credit card safe?
All credit card and debit card payments on Flipkart are processed through secure and trusted payment gateways managed by leading banks.
Credit cards have a few disadvantages, such as high interest charges, overspending by the cardholders, risk of frauds, etc. Additionally, there may also be a few additional expenses such as annual fees, fees of foreign transactions, expenses on cash withdrawal, etc. associated with a credit card.17-Aug-2022
Can I get credit card with 10000 salary?
Can I get a credit card with a 10000 salary? You can get a credit card with a salary of Rs. 10,000, but you won't have a wide variety of options when it comes to picking the credit card you want. You might not even be able to get a credit card from a specific lender that you prefer.25-Feb-2020
Yes, individuals with a salary of Rs. 15,000 per month can be offered credit cards.09-Sept-2022
Can I get credit card with 20000 salary?
Yes, if your salary is getting transferred in your bank account via IMPS/NEFT/RTGS (not by cash, cheque or DD), you can get approved for MoneyTap Credit Card 2.0. However, you need to meet the eligibility criteria for MoneyTap Credit Card 2.0: Minimum salary: In-hand salary of ₹ 20,000/month.
Improve your credit score: Since banks consider credit score while setting Credit Card limits, it's better to ensure that you have a good score. You can do this by paying all your dues, like EMIs, on time. So it's best to avoid doing that. Keeping your spending within limits can be helpful.
What is the credit limit for 1 lakh salary?
Normally Credit Card Limit is around 2.5 to 3 times of monthly gross salary. Assuming my monthly gross salary is 1 Lakh. My credit card limit should be between 2.5 lakh to 3 lakh. This cumulative limit is across credit cards in case i am carrying multiple credit cards.
Yes, a $25,000 credit limit is good, as it is above the national average. The average credit card limit overall is around $13,000, and people who have higher limits than that typically have good to excellent credit, a high income and little to no existing debt.11-Oct-2022
Can I use 40 of my credit limit?
Experts traditionally recommend not using more than 30% of your available credit in a given month, and ideally keeping it closer to 10% or below. That's because to lenders, seeing a borrower put a lot of money on their credit card can be a red flag that they won't be able to pay back what they owe.20-Jul-2021
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What is the limit of Flipkart axis credit card?