How to Increase Credit Limit on Indian Oil Axis Bank Credit Card

Are you using Indian Oil Axis Bank Credit Card? Want to Increase the credit limit? Then this is the right place. In this post we are going to show you How to Increase Credit Limit on Indian Oil Axis Bank Credit Card.

Welcome to coinobear, In this post, we are going to show you How to Increase your Credit Limit on Indian Oil Axis Bank Credit Card . Indian Oil Axis Bank Credit Card Comes with a lot of exciting offers. Customers can make unlimited purchases at any merchant that accepts credit cards worldwide. Indian Oil Axis Bank Credit Card is best fit for Fuel |
Shopping | enthusiast. 20 EDGE Points per Rs. 100 spent on fuel purchases at all IOCL stations across India for transactions between Rs. 100 and Rs. 5,000..

 

Indian Oil Axis Bank Credit Card Details

Card Name Indian Oil Axis Bank Credit Card
Joining Fee Rs. 500 (plus applicable taxes)
Reward Type Fuel Points |
Fuel Surcharge 1% of Fuel Surcharge waived at all filling stations across India for transactions between Rs. 400 and Rs. 5,000
Apply Link Apply Here

 

Fees & Charges

What is the joining fee of Indian Oil Axis Bank Credit Card?

Rs. 500 (plus applicable taxes)

What are the Welcome Benefits for Indian Oil Axis Bank Credit Card?

100% cashback (up to Rs. 250) on all fuel transactions made within 30 days of card issuance.

Instant discount of up to 10% on movie tickets on Book My Show.

Indian Oil Axis Bank Credit Card Benefits & Rewards

Movie / Dining 

10% instant discount on movie ticket bookings on BookMyShow

Rewards Rate 

Instant discount of up to 10% on movie tickets on Book My Show.

Reward Redemption

Reward Points redeemable for shopping/travel vouchers and products (from the given product catalog) on Axis Bank EDGE Rewards Portal.

Travel Benefits for Indian Oil Axis Bank Credit Card

N/A

 

Airport Lounge Access

Domestic Lounge Access : N/A

International Lounge Access : N/A

Insurance Cover

N/A

How to Increase Credit Limit on Indian Oil Axis Bank Credit Card

1. Create a budget plan

Before you decide what to purchase with your credit card, you should first create a budget plan. Spend some time doing research on how much money you have to spend each month. Do not forget about other expenses like insurance, utilities, food, and gas. By taking these factors into consideration, you will be able to determine what kind of purchases you want to make with your card. If you do not have enough money left over at the end of the month, you may need to cut down on certain spending categories.

2. Decide which product you want

After you have determined your monthly income, you can then choose what type of products you want to buy using your card. Take note of your personal preferences by looking at reviews online and reading customer opinions. You could even consider buying various samples in order to learn more about them before making a final decision.

3. Make sure you’re not paying interest

If you pay off your balance in full each month, you will avoid paying interest charges. However, if you carry a balance, you will incur additional fees. Always check the terms and conditions of your credit cards to find out what they offer.

4. Keep track of your spending

You should keep track of your spending and use the information to help you stay on top of your finances. Write down everything that you spend money on, including any receipts and items purchased online. Once you have done this, try to reduce unnecessary spending. As soon as you notice yourself starting to overspend, write down the amount you spent and add the item to a list of things you wish to get rid of.

5. Avoid impulse buys

Impulse buys are purchases without prior planning. These are purchases that you cannot wait to make, even if it means having to sacrifice something else. When you are tempted to make an impulsive purchase, take a moment to ask yourself whether this really is necessary. If you still feel compelled to go ahead with your purchase, try delaying the transaction until later.

6. Manage your credit score

If you want to increase your limit on your credit card, you will need to maintain a good credit score. To improve your credit score, start by monitoring your payments. Try to repay all of your bills on time and do not exceed your limits. In addition, look for ways to lower your debt-to-income ratio. Your ratio is calculated by dividing the total amount of debt you owe by your gross annual income. A higher ratio indicates less financial responsibility. Paying down your debts can greatly improve your credit score.

 

Our thoughts

Increasing Card Limit on Indian Oil Axis Bank Credit Card totally depends on your previous relationship with your bank, credit history, and payment time.  If we missed anything please let us know in the comment section

Leave a Reply

Your email address will not be published.

You May Also Like
Read More

Amazon Pay ICICI Bank Credit Card Detailed Review – Apply Online, Benefits Rewards, Apply Online, & Documentation

Welcome to coinobear Card Review, In this post, we are going to show Amazon Pay ICICI Bank Credit Card Detailed Review, Benefits and Rewards, and How to apply online. Amazon Pay ICICI Bank Credit Card Comes with a lot of exciting offers. Customers can make unlimited purchases at any merchant that accepts credit cards worldwide. Amazon Pay ICICI Bank Credit Card is best fit for Shopping | enthusiast. The Reward Points earned on Amazon Pay Bank ICICI Credit Card are automatically added to your Amazon Pay balance of the Amazon account linked with the card at the end of each billing cycle..