Minimum CIBIL Score Required for Axis Credit Card

Last Updated : Feb. 1, 2025, 4:21 p.m.

The CIBIL score is a number between 300 and 900. It is given by the credit bureau TransUnion CIBIL and is a summary of your creditworthiness. Every individual must check their CIBIL score before they apply for a credit card or loan. In this way, they will understand if they are eligible for the loan or credit card. For this purpose, Wishfin, a popular fintech company, which is the official partner of CIBIL, enables users to check their CIBIL score for free. You can also view your CIBIL report once you login and get deeper insights into credit. When it comes to the Axis Bank credit card, the minimum CIBIL score required for the card is 750. You will get quick and easy approval for this credit score. You can also negotiate for the desired loan amount and lower interest rates with the bank.

Smart Tips to Build and Maintain a Good CIBIL Score

Here are some smart ways to build and maintain a good CIBIL score.

• Ensure that you make timely repayments of your credit card bills and loan EMIs. Set auto pays and payment alerts so that you do not miss your due date.
• Do not pay only the minimum amount due. Always try to pay your credit card bills in full. Paying the minimum amount due a few times will accumulate your balance. Carried forward balance will accrue interest rate and may also lead to a debt trap if it blows out of proportion.
• Use only within 30% of your available credit limit. Over usage of credit limit gives lenders the impression that you are overspending.
• Do not apply for multiple lines of credit in a short duration. Each time you apply for credit, a hard inquiry is triggered, which will reduce your credit score by a few points. Multiple hard inquiries will reduce your credit score to a great extent. Also, do not apply for credit immediately after getting rejected.
• Do not close old accounts. Age of credit history is an important factor contributing to your credit score. Longer the credit history, higher the credit score. Closing old accounts reduces the length of credit history. Additionally, old accounts may demonstrate great credit history and long term association with lenders. These will be lost on closing them.
• Have a diverse portfolio of credit. It is ideal to have a mix of credit like instalment loans, revolving credit like credit cards, and mortgages. This gives a favorable impression to the lenders that you can handle different types of credit at the same time. Also, you should have a balance between secured and unsecured loans.

How to Check CIBIL Score Online?

You can check your CIBIL score online on the Wishfin website and on the official portal of CIBIL. Let us now see the steps for both:

Steps to check CIBIL Score on the Wishfin Website

Here are some simple steps that are to be followed to check the CIBIL score for free.

Step 1: Go to the ‘CIBIL Score’ page on Wishfin.com

Step 2: Give your full name as specified on the PAN card

Step 3: Enter your Date of Birth

Step 4: Key in your gender.

Step 5: Mention your PAN card number

Step 6: Enter your contact address

Step 7: Enter the email ID on which you want to receive the credit report

Step 8: Enter your mobile number.

Step 9: Submit the form.

Free CIBIL Score Check

Steps to check CIBIL Score On the official Website of CIBIL

Step 1: Visit the official portal of CIBIL.

Step 2: Create a new account or log in to your current account.

Step 3: Fill the form with information such as name, email ID, date of birth, etc. and submit.

Step 4: After validation, your free annual credit report will be sent to your registered email ID.

Other Eligibility Criteria for Axis Bank Credit Cards

1. Age: The individual must be in the age bracket of 18 to 60 years. This range may vary according to lenders. The main reason for keeping an age range is to ensure that the person is not close to retirement age and has become an adult.
   
2. Income: You should have a steady source of income to apply for an Axis Bank credit card . The minimum income required varies according to credit cards. Premium credit cards will require a higher income.
   
3. Employment Status: The type of employment you have and the employment status plays an important role in determining your eligibility for the Axis Bank credit card. Salaried individuals can get an Axis card with ease upon furnishing regular income proof. Self-employed individuals should also provide proof of a stable income.
   
4. Residential Status: Both NRIs and resident Indians can apply for credit cards. But, NRIs have to provide some additional documentation.
   
5. Relationship with the Bank: Customers who have maintained a long term relationship with the bank and exhibited financial stability and responsibility can get their credit card application approved easily. This factor may sometimes make up for a marginally lower income or credit score.
   
6. Other Loans and Liabilities: The bank ensures that you will be able to pay your credit card bills on time. For this reason, too many existing loans and liabilities and a high debt to income ratio may lead to the rejection of your credit card application. The bank does not issue credit cards to overleveraged customers.

Details You will Get After Checking Your CIBIL Score

You will see the following information on the screen after checking your Cibil Score. Once you see that your score is 750 and above then you can apply for the credit card.

• A Summary of your Credit History.
• The name of the Applicant
• Social Security Number of the Individual
• Your existing credit cards.
• Your Running Loans
• The amount of money yet to be paid to the bank.
• Your Repayment history whether you are paying your bills on time or not.

Conclusion

The minimum Cibil Score Required for Axis Credit Card is 750 and above. If you are not sure about your exact Cibil Score then you can calculate it on the official website of Wishfin. Once you find that you qualify for the minimum Cibil Score then you can easily apply for the Axis Bank Credit Card and enjoy a high credit limit and the latest offers on it.