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What happens if I pay only the minimum amount due on my credit card?

Rohit Saxena

Asked 28 Apr 2026

14

I cannot pay the full outstanding amount this month. What are the financial consequences if I pay only the minimum due on my Axis Bank credit card?

2 Answers

Accepted
17
Saanvi Tripathi·3 Mar 2026

I have had a hard time getting this card approved twice. The third time I applied after a 10% salary hike and got instant approval. Banks re-check eligibility every time. If you got rejected, improve your income proof / CIBIL and reapply after 6 months.

17
Raman Brahmbhatt·22 Apr 2026

On the lounge access — the PassApp / Dreamfolks integration works smoothly only if you've registered your card on the lounge app before reaching the airport. First-time users always face issues. Do it the night before, not at the lounge counter.

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