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Benefits of Axis Bank Platinum Credit Card - Cashback, rewards, etc.

Ways to clear your Axis bank credit card bill-online and offline

Axis Bank Edge Rewards and steps to redeem them to avoid lapse.

Axis Bank credit cards can be used for international usage both online and offline

Whenever your credit card is stolen, you should do the following things in order to ensure a zero lost card liability.

With Axis Bank add-on cards or supplementary Axis bank cards, you can extend the benefit of your cards to your family members. These cards come at a marginal cost and can be availed for the following family members

Axis bank provides reward points for you as you shop using the Axis Bank credit card. These rewards can be earned after every purchase. Here is a list of transactions where you can earn reward points.

You should use the amount on your Axis bank credit card according to the ideal credit utilization ratio. The credit utilization ratio is known as the amount of credit utilized for a certain billing period of the credit card.

Both Axis and HDFC are the two most used credit cards nowadays. Let us see a comparison of both these credit cards and the services offered by them

The minimum salary for Axis Bank credit cards differs with each card. Axis Bank cards are quite popular and they cater to a very large customer base in the country. They provide a variety of credit cards depending on the requirement of the customers.

After every purchase, you may or may not be in a position to pay your credit card bill immediately. But, in general paying an extra amount immediately towards the current balance will help you maintain the credit utilization ratio.

Generally, credit card payments are done as per the billing cycle of the credit card lenders and depend upon how much payment the holder can make on the due date. There is a minimum payment that has to be made by the credit card holder on the due date every month

Bitcoin which is a cryptocurrency made its debut in 2009 is a cryptocurrency that is neither supported by the government nor by any authority in the country. It has gained a lot of fame as an investment for the past few years. People who may not have the budgets for purchasing bitcoin are aiming at buying them using credit cards.

None of us can plan for unforeseen circumstances in life. If you have not availed a credit card but you plan to use one in case of any emergencies, you will require some time to gather funds either from personal loan or any other form of debt. These generally take some time to get approved and thus are not very useful if you have not availed them beforehand.

Just like a coin has two sides, every single one has its own advantages and disadvantages. When you are deciding whether to buy a credit card or not, you will have to think about your budget and how it will affect it. It is a proven fact that credit cards do not affect your credit health negatively. Instead if used properly, they will enhance your credit score and report.

If you have outgrown your credit card and are looking for an upgrade, you can upgrade a new credit card from the same bank. Upgrading your card with your current issuer can simplify the approval process and you may avoid an inquiry on your credit report. However, you might lose out on a bonus.

Credit cards are not issued to everyone who applies for a credit card. There are a lot of factors that are taken into consideration before giving a credit card. These factors are employment, salary, credit history and also if the person has taken any other loan. This is to ensure that you will be able to repay the loan on time.

Individuals with a high income are offered credit cards easily but, on the other hand, individuals with low incomes might be rejected by credit card issuers. Various credit cards are available in the market that are provided to low income individuals. These individuals have an income of less than Rs. 15,000 per month.

One of the most attractive options while borrowing credit and building a credit profile is availing of a credit card. If there are expenses and other emergencies, then a credit card is one of the best ways to take care of them.

The critical metrics in evaluating the above question are value per card holder and value per transaction. The above banks do not come in the top five-card holders in India. For the month of March 2022, the most valuable cardholders and the most used cards were IndusInd Bank.

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