Getting SBI card after overleverage possible?

[arun4455]

I have applied for SBI Octane card, however, the bank reject the application everytime. I have CIBIL of 800+ and decent income. When I approached the RBI Ombudsman to know the reason, I get to know that the cards are being rejected due to overleverage as I have few cards with very good limits.

Is there any way to get the Octane card? Currently I have simplyclick and CB card from SBI, they have rejected the Simplyclick to Octane upgrade also.

 

[mshenoy]

According to my experience they never transfer limit twice into same card..

I just did it under 2 months gap. Transferred limit twice from Paytm card to Simplyclick. Now paytm limit is 15k. Will follow @SSV advice during closing paytm card

 

[arun4455]

In my personal opinion there are better cards out there to put your spends on. You should just try to make your card ltf so you can use it for bank offers, instead of taking this bait.

Actually I was just looking for Octane card. I have shifted to a new place and on the way to my office, there is only two bpcl petrol pump. So I was trying to get octane for my fuel spend.

 

[SSV]

According to my experience they never transfer limit twice into same card..

Have you tried before?
If so how many times? from what card to what card?
what wa their reason for denial?

 

[Sahil_07]

1) close unnecessary scrap cards
2) reduce the CLs on the existing CCs in their respective Apps
3) Increase your income
Get them reflected in CIBIL and try your luck

hi bro which one will be more effective? reducing number of cards or reducing credit limit. For my case Icici limit is more than 3x than other cards,if I reduce its limit from imobile app,will it be sufficient?