Beginner Mistake done during axis credit card journey

[rahul_cc]

Hello Technofino Community , I know you all will surely judge me with my age being only 18 years and 4 months old , But here is my query , please help me coming out of this.

I am only 18 years and 4 months old ( turned 18 in Feb 2025 ), took a FD based credit on the same month of me being 18 years . Now , During June mid , I opened Axis easy access savings account to get my first unsecured credit card as pre-approved from axis Bank , filled employment details as Salaried in my Father's proprietorship company , all documents are genuine and I genuinely work part time to help my father in digital invoicing and online paperwork but don't have any employment proof other than Salary credit in my Bank account from my Father's current account in company's name through NEFT and EPF credit . I will also start to file ITR from next Financial year to make this more relevant . One mistake I have done is I have yesterday randomly exploring axis Bank mobile app and I have seen there the axis neo card banner , I have applied for it in flow and got instant rejection , Now I am worried that even I will get any pre approved offer from axis in near future or not ? . What to do now and Suggest me what should I do more or what should I avoid from now , have I done any mistake or more mistakes ? . I have good financial discipline as I am using my Father's credit card from last 5 years smoothly and boosted his credit score to 820 due to it . Kindly help me or give your expert opinion in this matter

 

[rajsd]

Hello Technofino Community , I know you all will surely judge me with my age being only 18 years and 4 months old , But here is my query , please help me coming out of this.

I am only 18 years and 4 months old ( turned 18 in Feb 2025 ), took a FD based credit on the same month of me being 18 years . Now , During June mid , I opened Axis easy access savings account to get my first unsecured credit card as pre-approved from axis Bank , filled employment details as Salaried in my Father's proprietorship company , all documents are genuine and I genuinely work part time to help my father in digital invoicing and online paperwork but don't have any employment proof other than Salary credit in my Bank account from my Father's current account in company's name through NEFT and EPF credit . I will also start to file ITR from next Financial year to make this more relevant . One mistake I have done is I have yesterday randomly exploring axis Bank mobile app and I have seen there the axis neo card banner , I have applied for it in flow and got instant rejection , Now I am worried that even I will get any pre approved offer from axis in near future or not ? . What to do now and Suggest me what should I do more or what should I avoid from now , have I done any mistake or more mistakes ? . I have good financial discipline as I am using my Father's credit card from last 5 years smoothly and boosted his credit score to 820 due to it . Kindly help me or give your expert opinion in this matter

Yes you did a mistake but don't worry about it. I'll need some more months for getting pre-approved offers.

Don't apply for any cards till you don't get pre-approved offer from bank.
Do frequent transactions from the ac, bill payments and online shopping etc etc.
Maintain good amount of money in the ac so that limit can be more.

If you have fd backed cc from axis itself then it will be hard for getting unsecured cc. In this case I'll suggest you to shift your account to HDFC OR ICICI Bank.

 

[rahul_cc]

I don't have Secured card from Axis Bank , It's Super.Money card from Utkarsh Small Finance Bank and it's the only one card I have . But please suggest about my employment status , am I doing anything wrong legally . And I got instantly rejected from axis bank , will I still get pre approved card from axis bank . I am maintaining about 1 lakhs in the account

 

[rajsd]

I don't have Secured card from Axis Bank , It's Super.Money card from Utkarsh Small Finance Bank and it's the only one card I have . But please suggest about my employment status , am I doing anything wrong legally . And I got instantly rejected from axis bank , will I still get pre approved card from axis bank . I am maintaining about 1 lakhs in the account

Then there will be no problem.
Just wait for 6-9 months you'll get offer from bank, it may take more in your case as you have applied and that got rejected but rest assure you'll get the offer for sure. Just follow the tips which I have given.

*****Only try after waiting 12 months, at your own risk****
After waiting if they're not giving pre-approved offer try applying again for the neo card they may approve it by your banking relationship but this method will not be preferred.

If still rejected----- Change your bank

 

[SSV]

Hello Technofino Community , I know you all will surely judge me with my age being only 18 years and 4 months old , But here is my query , please help me coming out of this.

I am only 18 years and 4 months old ( turned 18 in Feb 2025 ), took a FD based credit on the same month of me being 18 years . Now , During June mid , I opened Axis easy access savings account to get my first unsecured credit card as pre-approved from axis Bank , filled employment details as Salaried in my Father's proprietorship company , all documents are genuine and I genuinely work part time to help my father in digital invoicing and online paperwork but don't have any employment proof other than Salary credit in my Bank account from my Father's current account in company's name through NEFT and EPF credit . I will also start to file ITR from next Financial year to make this more relevant . One mistake I have done is I have yesterday randomly exploring axis Bank mobile app and I have seen there the axis neo card banner , I have applied for it in flow and got instant rejection , Now I am worried that even I will get any pre approved offer from axis in near future or not ? . What to do now and Suggest me what should I do more or what should I avoid from now , have I done any mistake or more mistakes ? . I have good financial discipline as I am using my Father's credit card from last 5 years smoothly and boosted his credit score to 820 due to it . Kindly help me or give your expert opinion in this matter

Don't worry.. you didn't do anything wrong legally or technically or logically etc..
Just stop applying for cc as of now..
Change your account to liberty account if feasible for you..
Do you have cibil score yet ?

 

[imdjay]

What do you see when you go to credit cards -apply section?

 

[rahul_cc]

Don't worry.. you didn't do anything wrong legally or technically or logically etc..
Just stop applying for cc as of now..
Change your account to liberty account if feasible for you..
Do you have cibil score yet ?

Thank you for helping me , yes I have 771 cibil score with 2 FD Backed card from USFB and SBM Bank . How can I upgrade me savings account varient ? I can easily maintain its MAB , suggest me the process , It will be good if I don't have to go to any Branch but ready to visit branch if not possible remotely

 

[rahul_cc]

What do you see when you go to credit cards -apply section?

In axis mobile app , the same screen is shown to me which is shown on axis website when we try to apply any credit card , means it's asking to start my application , there's no pre approved cards

 

[rajcasio]

OFFTOPIC
Is there any FD backed Rupay CC available?

 

[rahul_cc]

OFFTOPIC
Is there any FD backed Rupay CC available?

Yes I have both of my FD backed cards in rupay varient , The first is Super.Money card from Utkarsh Small Finance Bank and Second is Novio co- branded Credilio card from SBM Bank

 

[SSV]

Thank you for helping me , yes I have 771 cibil score with 2 FD Backed card from USFB and SBM Bank . How can I upgrade me savings account varient ? I can easily maintain its MAB , suggest me the process , It will be good if I don't have to go to any Branch but ready to visit branch if not possible remotely

Under
Home-> More -> Services -> Accounts -> Uograde Account

 

[rahul_cc]

Under
Home-> More -> Services -> Accounts -> Uograde Account

View attachment 103034

I am getting this error 🥲

 

[SSV]

I am getting this error 🥲
View attachment 103036

Contact CC ..

 

[rahul_cc]

Contact CC ..

Contacted Just now , but told me to visit Branch

 

[SSV]

Contacted Just now , but told me to visit Branch

So, now you know what to do !! Have fun ..

 

[rahul_cc]

So, now you know what to do !! Have fun ..

I think that I should visit my Home Branch and Change my account varient as well as scheme code to Offline Channel , What do you suggest about it ? I think offline channel accounts get better pre approved offers and less verification at time of application

 

[SSV]

I think that I should visit my Home Branch and Change my account varient as well as scheme code to Offline Channel , What do you suggest about it ? I think offline channel accounts get better pre approved offers and less verification at time of application

I dont know much about this offline channel and its benefits over online channel..
do educate me in detail, if anyone knows..

 

[rahul_cc]

I dont know much about this offline channel and its benefits over online channel..
do educate me in detail, if anyone knows..

Do you know about low maintenance hdfc savings account to get pre approved credit card from HDFC Bank , the account should have low or no debit card fees 🙂

 

[SSV]

Do you know about low maintenance hdfc savings account to get pre approved credit card from HDFC Bank , the account should have low or no debit card fees 🙂

Savings Max account is a good one.. have a read about it