How To Close Axis Bank Credit Card?
If you own an Axis Bank credit card, cannot control your costs, and wish to cancel it permanently, you can commence the cancellation process online or offline. Methods for canceling your Axis card, key considerations, and commonly asked questions about how to cancel your Axis bank credit card are provided below.
The process to Close Axis Credit Card
A cardholder of Axis bank can cancel their credit card by sending a letter to the bank or calling one of the customer service centers for Axis bank credit cards.
- You can email bankers to cancel their credit cards. By emailing premium.cards@axisbank.com or creditcards@axisbank.com, clients can request the bank to cancel their credit cards.
- Axis bank credit card clients in the country can terminate their membership anytime by calling 1800-233-5577/1800-209-5577/ 1800-103-5577.
Important Information Before Cancelling an Axis Bank Credit Card
Before canceling a credit card issued by Axis Bank, the consumer must examine the following factors:
- All outstanding obligations, pending loans, EMI facilities, balance transfers, and other fees must be settled.
- All unredeemed reward points must be redeemed within 45 days of closing a credit card account.
- Once a cardholder submits a request to terminate a credit card, any outstanding balances cannot be transferred to another credit card.
When can Axis Bank Cancel a Credit Card?
Axis bank may also cancel a credit card at its sole discretion and for no particular reason. If so, the cardholder will be required to pay the whole balance on the credit card instantly. Aside from that, no annual fees or other costs would be prorated. Additionally, there are:
- Repeatedly failing to pay any sum owed to the bank before the due date.
- Noncompliance with the terms and conditions constitutes a breach.
- Any cheque/ECS/pay online using an alternative bank account/standing instructions delivered to the bank will not be cashed.
- Any statement made by the cardholder which turns out to be false or incomplete
Reactivating a Closed Axis Bank Credit Card
Customers must request the bank to revive their deactivated Axis bank credit card. However, the request cannot be made unless the cardholder cancels the card.
To reactivate a closed credit card given by Axis bank, the applicant must call customer care centers and verify the credit card number, expiration date, date of birth, and registered cellphone number.
Additionally, the credit card can be reactivated by emailing the bank authorities with a valid ID and a passport-sized photograph.
Axis Credit Card Cancellation Consequences
- Once you cancel your Axis Bank credit card online, your account's total available credit limit will be forfeited.
- Once your Axis credit card is canceled, you will no longer have access to its advantages and offers.
- Additionally, closing your Axis credit card may harm your credit rating.
- It may be difficult for you to obtain a new credit card in the future if the closure of your Axis card affects your credit utilization.
- After canceling your primary Axis Bank credit card, any connected add-on cards will become inactive.
- If you have paid any Axis Bank credit card costs, such as renewal fees or annual fees, and you choose to shut the card in the middle of the year, you will not receive a refund for the payments.
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