New Delhi, Jan. 30 -- Credit cards are a great way to earn rewards and cashbacks when used wisely. Your credit limit is the maximum amount you can spend on your card. Increasing your limit can provide more flexibility for larger purchases, improve your credit utilisation ratio, and boost your credit score. If you have an Axis Bank credit card, you can request a limit increase, but certain eligibility criteria must be met.

Credit utilisation ratio: A higher limit can help you to improve your credit utilisation ratio, which will help to improve your credit score.

Use responsibly: Having a higher credit limit provides you more flexibility. However, if you're not careful, you could end up overspending. Delays in paying your bill or a high c...