Alert! You have consumed 80% Credit limit.

[John123]

Alert! You have consumed 80% Credit limit. Balance Credit Limit: Rs.18,961.67. Avoid Trxn. decline with Overlimit facility. Click sbicard.com/ovl T&C-SBI Card

Any extra charges on using over limit using SBI cashback card?

 

[Quiksilver27]

Alert! You have consumed 80% Credit limit. Balance Credit Limit: Rs.18,961.67. Avoid Trxn. decline with Overlimit facility. Click sbicard.com/ovl T&C-SBI Card

Any extra charges on using over limit using SBI cashback card?

If the outstanding amount exceeds the credit limit, an Overlimit Fee equal to 2.5% of the Overlimit Amount or Rs. 600, whichever is higher, will be levied. This fee is also applicable in case the credit limit exceeds because of any fees, charges or interest levied by SBI Card.

 

[CARDBITRAGE]

If you want that option, you need to enable the over-limit facility. Although, I would suggest you prepay the amount, replenish your credit limit and utilise your card.

 

[John123]

If the outstanding amount exceeds the credit limit, an Overlimit Fee equal to 2.5% of the Overlimit Amount or Rs. 600, whichever is higher, will be levied. This fee is also applicable in case the credit limit exceeds because of any fees, charges or interest levied by SBI Card.

No, I havent exceeded my credit limit. I still have Available balance limit of 18k.

 

[John123]

If you want that option, you need to enable the over-limit facility. Although, I would suggest you prepay the amount, replenish your credit limit and utilise your card.

No, I wont use more than my credit limit. Let me repay the amount after 2 days.

 

[Shubham Yadav]

No, I havent exceeded my credit limit. I still have Available balance limit of 18k.

It generally comes with sbi card no need to worried about it. i receive this type of msg every month

 

[John123]

It generally comes with sbi card no need to worried about it. i receive this type of msg every month

Okay. Thanks

 

[Quiksilver27]

No, I havent exceeded my credit limit. I still have Available balance limit of 18k.

Yes so no need to worry about over limit charges then. From a CIBIL score point of view better to keep your utilization ratio low by pre-paying the amount to the card before the bill is generated..

 

[John123]

Yes so no need to worry about over limit charges then. From a CIBIL score point of view better to keep your utilization ratio low by pre-paying the amount to the card before the bill is generated..

sure, will do after 2 days. Thank you!

 

[ravinder9999]

After usage 1.5L I have received a msg as "your transaction has been declined as you have crossed the maximum usage for current billing cycle on your credit card. You can start using your card again effective next billing cycle date."
Anyone got this message & any solution for this, please suggest.

 

[vaibhav111vaibhav111 is verified member.]

After usage 1.5L I have received a msg as "your transaction has been declined as you have crossed the maximum usage for current billing cycle on your credit card. You can start using your card again effective next billing cycle date."
Anyone got this message & any solution for this, please suggest.

pay the amount you want to use, no other workaround

 

[nrb]

yeah pay the amount to clear the limit and then use again. i did the same as my limit is very low

 

[Lobogris]

It generally comes with sbi card no need to worried about it. i receive this type of msg every month

Were you charged any overlimit fee?