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Close other credit cards.Received LE on SBI SimplyCLICK from 2,20,000 to 3,96,000 but still "overleveraged" for SBI Cashback and SBI PhonePe. Does this retarded company have any sense?
Giving LE but refusing new cards for being overleveraged? Also pre-approved SBI Elite (4999+GST) shown in SBI Card app, SBI Prime (2999+GST), SBI BPCL but can't give Cashback (999+GST) or PhonePe (1499+GST) on split limit also. Doesn't the very definition of leverage mean too much credit exposure? Yet they are ok giving huge bumps in limit but not a new card even on split limit! What kind of craziness is this 🤭 I won't close any cards on the possibility that SBI *may* give me more than 1 card. No way. Rather I will fight it out with them first with the help of RBI and CPGRAMSClose other credit cards.
SBI is not alone. AU, HSBC, others also do the same.
That's over-leveraged banks for you 🤣Giving LE but refusing new cards for being overleveraged? Also pre-approved SBI Elite (4999+GST) shown in SBI Card app, SBI Prime (2999+GST), SBI BPCL but can't give Cashback (999+GST) or PhonePe (1499+GST) on split limit also. Doesn't the very definition of leverage mean too much credit exposure? Yet they are ok giving huge bumps in limit but not a new card even on split limit! What kind of craziness is this 🤭 I won't close any cards on the possibility that SBI *may* give me more than 1 card. No way. Rather I will fight it out with them first with the help of RBI and CPGRAMS
Congratulations !! ..Funny thing happened today.
I have checked this limit enhancement few times for my Sbi Elite card and wife's Simply save card. I rarely use this card. Everytime app rejects it citing internal policy so I haven't checked it since few months.
Received this message in afternoon today and instantly it got increased from 2.37lac to 5.33lac. Was telling wife about this now and she checked her messages and there was a message for her limit increase too. Hers was stuck in 50k since 10 years plus and now it's increased to 1.25lac.
Now only if hdfc too increase my limit Inspite of holding 3 cards with them.
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Is it a pre-approved offer or you need to upload documentsRandomly checked LE on the SBI Card app and it allowed me to apply LE from 254k to 762k and within seconds my CC limit increased by 200k and new limit of 454k was visible on the app. Check yours!
Congratulations for that huge jump... !!
This limit enhancement is alsways thre in the app.. the thing is we need to periodically check if the offer is available for us or not..
you go the offer now.. and utilized it... excellent.
You could have taken LE on CB CC and then transferred the limit to SS CCCongratulations !! ..
A lot of people got this Diwali bumper offer of around 100% CLE..
unfortunately I chose my SS card which has 45k limit.. If I had chosen my CB card which has 3.25L I would have got upto 6L CL..
Once we had taken on one card we can't take LE on another card.. I will wait until next Diwali and see if they offer similar CLE again.. then I will choose my CB card..
I believe this was how it panned out this time around..
Congratulations to eveyone who had got big CLE this time..
For those who haven't tried this CLE , please take this offer.. you won't regret it..
Got LE in both cashback and BPCL card
You have to give consent to anumati. After that they might take their sweet time to show the offer in the 'Benefits' section of the app. Then its a matter of internal policy.Can you tell whether it's a pre-approved LE pr we need to upload the documents?? If possible please upload the screenshot of the LE offer page
You have to give consent to anumati. After that they might take their sweet time to show the offer in the 'Benefits' section of the app. Then its a matter of internal policy.
As far as I remember, no. They will take your consent there to peep into your bank accounts.Any documents need to be uploaded??