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If I am not use my credit card more than 1 year then my credit card is automatically closed or active?

  • Thread starter Thread starter ihmahetar
  • Start date Start date
  • Replies Replies 1
  • Views Views 522
Solution
As per new New RBI Guidelines customers are required do atleast one active transaction within a financial year to keep their cards active.

Banks should notify the customers before prior taking closure action.

If customers used their card banks do not close the card , if they fail to do atleast one transaction after being notified by banks it will be closed.
As per new New RBI Guidelines customers are required do atleast one active transaction within a financial year to keep their cards active.

Banks should notify the customers before prior taking closure action.

If customers used their card banks do not close the card , if they fail to do atleast one transaction after being notified by banks it will be closed.
 
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