leverage

Hi, I have applied for SBI Phonepe Black card and it got rejected citing internal policies. I have dropped an email to the team asking for the reason. They have mentioned the reason as overleverage and asked to share the payslips for the past 2 months with account number mentioned on the...

Hey folks help me understand, can banks just retain/block my credit limit even after i close my card? Shouldn't it be available for any other banks card to use from a general limit/leverage. Back story: I had a hdfc credit card which was worthless until jan 25, i applied hdfc pixel play which...