Transaction over the credit limit

  • Thread starter Thread starter AAK
  • Start date Start date
  • Replies Replies 12
  • Views Views 1,790

AAK

Messages
474
Location
NCR
ISP
Powernet Communications Pvt Ltd
Hi
Suppose if my Credit Card has credit limit of 10k , can I do a single transaction of 25k by prepaying the CC account with the shortfall (15k in this case) ?
Primarily asking for following Bank's Credit Cards

1- Axis Bank
2- ICICI Bank
3- HDFC Bank
4- SBI

Also how do you guys pay your credit card bills so that it instantly reflects in your CC accounts ?
 
Axis bank doesn't allow to transact over the limit i don't know why some banks doesn't allow this won't they get 2-3% as commission for every transaction?
 
They do get commision for every transaction.
They don't allow maybe because they have to give rewards ? But that would be too dumb as commission is always greater than rewards given.
 
Back