Axis Bank Credit Card Upgrade

‘Credit Limit Enhancement’ feature of Axis Bank allows an existing customer to upgrade their credit limit. Alternatively, they may opt for a new card with better offers. To go for an upgrade of credit card, you can place the request via the following approach:

• Use Axis Bank Internet Banking to place request for increasing credit card limit. Login to your online net banking account. Select ‘Accounts’ and then ‘My Credit Card accounts’. You will find an option of Limit Enhancement and Check for Limit Increase. Place your request using that option. In case, the card is not eligible for one, a message will be immediately be displayed. If eligible, the bank will process your request and contact you
• You can use Axis Bank’s Mobile App to place the same request. If your card is not eligible, a message will be displayed
• You can call Axis Bank credit card customer care number 1860-500-5555 or 1860-419-5555 to apply for a better credit card
• You can always visit any nearby branch of Axis Bank and explain your needs for an upgrade. The branch manager will guide you through possible upgrade card options

Sometimes, the bank itself approaches its existing customers with credit card enhancement choices based on customer’s credit record, spending patterns etc. They will explain to you the benefits of upgrading, process to apply for the same and charges associated. Understand the whole concept and your needs before jumping to any decision.

Some of the benefits of upgrading the Axis Bank Credit Card are:

• The upgraded credit card will offer better reward points, cash back offers and deals
• Customers may get an increase in credit limit which will lead to better credit utilization ratio if the expenses remain the same. This will increase their credit score
• Customers will be eligible for loans at better interest rates

Upgrading of card can lead to increase in annual fees and other charges. One must weigh all the pros and cons before coming to any decision. Some of the pointers that must be considered before upgrading your Axis Bank Credit Card are given below:

• Increase in credit limit does not mean that you should spend more. Adding more debt will hamper your credit utilization ratio
• You must have been using your credit card for at least a period of 3 months.
• The cardholder should have a good credit history. There must not be any delay in payments and the card must be in active use
• At least 6 months must have passed between last card enhancement
• No instant loans should have been availed on the card
• When applying for an upgrade, choose a card that is beneficial for you
• Get a clear idea on how the upgrade will work. Ask the bank for the new fees, deals and credit limit before making any decision
• Clear your existing loans before applying for a credit card upgrade

Can I upgrade to Axis My Choice Credit Card?

No, Axis My Choice credit card is going to be discontinued. Customers can apply for any other card.

Can I place a request for Axis credit card upgrade via e-mail?

Yes, you can send the request to upgrade your Axis Bank credit card. You can also apply for a card upgrade by logging into your card account on Axis Bank website or app.

What should be the minimum credit score to apply for a credit card upgrade?

You should have a CIBIL credit score above 750 to apply for an upgrade.

Will Axis Bank intimate me if I qualify for a credit card upgrade?

Yes, the bank will let you know via call or SMS.

Can an Add-on card be upgraded?

No, customers will have to upgrade their primary credit card and then get an add-on card on the new card. Add-on cards can’t be upgraded without upgrading the primary card.