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682 days ago How to Increase Amazon Pay Later Limit - Shop Without Any Worry!
Vaishnavi Content Writer
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Do you want to know how to increase Amazon Pay Later limit? I suppose yes, because for what other reasons I can expect you to come on this page, right?
Amazon, these days, has become a household name. No matter what you want to shop for, this e-commerce website has it all. From the basic needs to the luxuries of life, amazon offers all sorts of products on its online website. What more can you expect from it, right?
Let me tell you, you can expect one more thing: the benefit of shopping now and paying later for your purchases. Isn’t it amazing! But there is a certain credit limit for this, which is allocated to you as a user.
If you wish to increase your credit limit, keep reading this article to learn how to increase your Amazon Pay Later credit limit.
You may also like to read about Amazon Pay Later Offers.
How To Increase Amazon Pay Later Limit?
If you want to increase your Amazon Pay Later credit limit, the only way to do this is to complete the entire KYC process. But before that, you have to activate your Amazon Pay Later service.
Your credit limit is directly related to the no. of purchases you make on the online application, along with the no. of successful repayments of the credit amounts you have availed through the Amazon Pay Later feature.
Activation Process
To activate your Amazon Pay Later services, follow the below-mentioned steps.
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Sign up with Amazon Pay by submitting your KYC details.
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Now, you will be assigned a credit limit according to your eligibility criteria.
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After this, you have to make repayment settings. For that select your bank account.
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This account will be liable for all your purchases.
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On the homepage of Amazon Pay app, go to the top left corner.
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You will see an option for Amazon Pay Later, click on that.
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Here, you will get all the details regarding the allocated credit limit, the limit that has been used, and the remaining limit as well. All your transactions are recorded here.
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Ensure to make more and more transactions to make yourself eligible for upgradation in the credit limit.
Eligibility criteria
The following points make you eligible for Amazon Pay Later services.
- Minimum Age: 23 years
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Must have documents: Aadhaar card, voter ID card, driving license, and utility bills ( of upto 60 days )
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Along with the above mentioned documents, applicants should also have:
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An account on Amazon.in
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A verified phone no. PAN card no.
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A permanent address proof
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A bank account
Benefits of Amazon Pay Later
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Instant Credit Limit: Through Amazon Pay Later, you can get an instant credit limit from the retailers.
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No Credit Card Details: You do not have to pay any credit card details in order to get your Amazon Pay Later services activated.
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No Processing or Cancellation Fees: There is no processing and cancellation fee that you have to pay during the whole process.
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Track Your Expenses and Repayments: You can track your expenses and repayments through the Amazon Pay app. This way, you will have a proper record of your transactions.
Do you know How to Transfer Money From Amazon Pay to Bank Account?
What is the Credit Limit Provided in Amazon Pay ICICI Bank Credit Card ?
The credit limit provided in Amazon Pay ICICI Bank credit card is the same as your ICICI credit card, which actually depends on your income. It generally is 2-3 times your monthly income. The exact amount of the credit limit is decided by considering your monthly income and the risk factor that is involved.
The maximum limit for Amazon pay is Rs. 60,000 per year. But, it is relevant for some selected users only. Also, there is a certain criterion that you must fulfil in order to get a credit limit of upto Rs. 60,000 on your Amazon Pay ICICI bank credit card.
There are certain calculations made by the bank while allocating the credit limit to your ICICI credit card.
Can We Increase the Amazon Pay ICICI Credit Card Limit Through the iMobile App?
Yes, you can increase the Amazon Pay ICICI credit card limit through the iMobile app. Here is how you can do it.
Steps to increase Amazon Pay credit card limit through iMobile pay app:
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Open iMobile pay app on your phone
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On the home page, Click on “More Options”
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There you will see an option of selecting your “Amazon Pay Credit Card”
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Click on “Manage Credit Limit”
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Enter the desired credit card limit there
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Then, “Submit”
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And, you are done!
Note that if your Amazon Pay credit card limit is increased, you automatically become eligible for earning more cashbacks each month. Amazon Pay ICICI Bank Credit Card provides great rewards to online shoppers. Through this card, you can earn cashbacks of upto 5% on Amazon purchases and of upto 2% on the other 100 partner retailers of the ICICI bank.
Do the Amazon Pay ICICI Credit Card and ICICI Bank Credit Card have a Separate Credit Limit?
Yes, the Amazon Pay ICICI Credit Card and the ICICI Bank credit card have a separate credit limit. Your spending on one card will not have any effect on the other one.
For e.g. If your credit limit in the ICICI Bank credit card and in Amazon Pay ICICI Credit Card is Rs. 60,000. Now, suppose you made a purchase of Rs. 5,000 through your Amazon Pay ICICI Credit Card. This amount will be deducted from your Amazon Pay ICICI Credit Card, and the remaining amount will be Rs. 55,000. On the other hand, your ICICI bank credit card will still hold a credit limit of Rs. 60,000 without getting affected by your purchases through the former one.
Similarly, cashbacks or rewards will be added to the one through which you have made the purchase without affecting the other one.
Hence, this proves that Amazon pay ICICI credit card and ICICI bank credit card has a separate credit limit.
Conclusion
I hope that now you have an answer to how to increase Amazon Pay Later limit. To summarise, there is only one way to do it, which is to complete the entire KYC process. Along with that, there are certainly other important points that you should consider reading. These will surely help you in increasing your Amazon Pay Later credit limit.
At last, I would like to request you to share this article with your friends and family. Also, if you found this information helpful in any way, acknowledge us in the comment section below.
Frequently Asked Questions
Q. Can we increase the limit of Amazon Pay later?
A. Yes, you can increase the limit of Amazon Pay Later by completing the entire KYC process.
Q. What is the limit of the Amazon Pay Later card?
A. There is no maximum limit as such. It all depends on your Amazon Pay Later account’s Total Approved Credit.
Q. What is the maximum pay later limit?
A. The maximum limit depends on your Amazon Pay Later account’s Total Approved Credit.
Q. How can I increase my BNPL limit?
A. One way to increase your Buy Now Pay Later limits on various apps is by paying your EMIs on time.
About Author
Vaishnavi
Content WriterCoffee lover and a little writer, who believes in unicorns.
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