How long to wait after many cibil enquiries

[cowcoconut]

Hey
I had 6 hard cibil enquiries this month (got a bit greedy with card applications, 3 accepted 2 rejected and 1 card upgrade). CIBIL score went from 789 to 776 as expected.
Anyways, I want to take an SBI Simplesave for bank offers, how long should I wait till applying for my next card? Is 3 months good enough

 

[D₹V]

Hey
I had 6 hard cibil enquiries this month (got a bit greedy with card applications, 3 accepted 2 rejected and 1 card upgrade). CIBIL score went from 789 to 776 as expected.
Anyways, I want to take an SBI Simplesave for bank offers, how long should I wait till applying for my next card? Is 3 months good enough

Nahi milega

Pahle SBI hi apply karna tha.

 

[lightwaves]

Hey
I had 6 hard cibil enquiries this month (got a bit greedy with card applications, 3 accepted 2 rejected and 1 card upgrade). CIBIL score went from 789 to 776 as expected.
Anyways, I want to take an SBI Simplesave for bank offers, how long should I wait till applying for my next card? Is 3 months good enough

What’s your credit age? This matters a lot

 

[cowcoconut]

What’s your credit age? This matters a lot

6 months

 

[cowcoconut]

View attachment 63703
Nahi milega

Pahle SBI hi apply karna tha.

Yes I made sure to apply and get SBI cashback first

But now I just want something for bank offers

 

[tappukepapa]

Yes I made sure to apply and get SBI cashback first

But now I just want something for bank offers

Check for preapproved offers in sbi card app or website, as you are already into Sbi system. Like @D₹V said, ye kutton ki tarah har bank ke cards ko apply mat karo, sabar karo. Maintain at least 3 months gap in card applications.

 

[cowcoconut]

Check for preapproved offers in sbi card app or website, as you are already into Sbi system. Like @D₹V said, ye kutton ki tarah har bank ke cards ko apply mat karo, sabar karo. Maintain at least 3 months gap in card applications.

These offers on sbi card will eat into my sbi cashback limit right? It's already kinda low (97k), don't want to make it even lower

 

[tappukepapa]

These offers on sbi card will eat into my sbi cashback limit right? It's already kinda low (97k), don't want to make it even lower

Yes, SBI works like that unlike ICICI. In SBI you have to provide limit to new card from existing card.

 

[D₹V]

Yes I made sure to apply and get SBI cashback first

But now I just want something for bank offers

Good but SBI simply bhi pahle hi lena tha

 

[Anindya98]

I had 6 hard cibil enquiries this month (got a bit greedy with card applications, 3 accepted 2 rejected and 1 card upgrade).

Card Name and limit kinta mila?
Upgrade card?
Reject konsa hua?

 

[cowcoconut]

Card Name and limit kinta mila?
Upgrade card?
Reject konsa hua?

Accepted cards were IndusInd pinnacle 2L, SBI Cashback 97k, HDFC Swiggy Paid (floater with my millenia, but I closed it before activating since the instamart near my place shut down and I have sbi cashback anyways)

Moneyback+ upgraded to Millennia FYF (1.5L limit, got same limit for millennia)

Rejected was AU IXIGO LTF and Yes Ace (was LTF last month on paisabaazar)

So now I have pinnacle ltf, sapphiro ltf, millenia fyf and sbi cashback. Will make millenia ltf soon since I moved my salary account to HDFC from SBI last month after getting sbi cashback

 

[Anindya98]

sapphiro ltf

Based on your Salary account? or any other relationship with ICICI

 

[cowcoconut]

Based on your Salary account? or any other relationship with ICICI

alumni offer
got 3L limit too somehow

 

[Animesh67]

Accepted cards were IndusInd pinnacle 2L, SBI Cashback 97k, HDFC Swiggy Paid (floater with my millenia, but I closed it before activating since the instamart near my place shut down and I have sbi cashback anyways)

Moneyback+ upgraded to Millennia FYF (1.5L limit, got same limit for millennia)

Rejected was AU IXIGO LTF and Yes Ace (was LTF last month on paisabaazar)

So now I have pinnacle ltf, sapphiro ltf, millenia fyf and sbi cashback. Will make millenia ltf soon since I moved my salary account to HDFC from SBI last month after getting sbi cashback

Now try to avoid applying new CCs for the next few months. Get the SBI Simply Save next month before the festive season begins.

 

[lightwaves]

6 months

This is too low, you should wait at least 3 months before applying for a new card.

If you’re getting some card as pre approved, without CIBIL hit, then you can go ahead and get that.

In other cases, it’s better to wait for some time.

 

[lightwaves]

6 months

If the credit age is good, you can apply, because the score will bounce back quickly, say within two weeks time. But with this age, if it falls, it will take a lot of time to recover.

 

[newinnov]

Now try to avoid applying new CCs for the next few months. Get the SBI Simply Save next month before the festive season begins.

I don't think sbi will clear it before 6 month.

 

[cowcoconut]

Now try to avoid applying new CCs for the next few months. Get the SBI Simply Save next month before the festive season begins.

That was my plan, to apply october end. But I can't find a way to apply without affecting my SBI cashback limit.

SBI cashback is literally the only card I use, have 8k per month spend on protein powder and a 15k flight booking on indigo every 3 months. All my groceries and shopping is on blinkit/amazon. So this card is very important to me.

All the other cards I get will be for free lounge, BMS BOGO or bank offers.

 

[Animesh67]

That was my plan, to apply october end. But I can't find a way to apply without affecting my SBI cashback limit.

SBI cashback is literally the only card I use, have 8k per month spend on protein powder and a 15k flight booking on indigo every 3 months. All my groceries and shopping is on blinkit/amazon. So this card is very important to me.

All the other cards I get will be for free lounge, BMS BOGO or bank offers.

It will not affect your SBI CB Limit. You will get around 1L limit in your Simply Save
Nowadays my primary driver is SBI CB I spend around 30% every month on the card. Thinking of getting the Simply Click for Instant discount offers.

 

[cowcoconut]

Yes, SBI works like that unlike ICICI. In SBI you have to provide limit to new card from existing card.

It will not affect your SBI CB Limit. You will get around 1L limit in your Simply Save
Nowadays my primary driver is SBI CB I spend around 30% every month on the card. Thinking of getting the Simply Click for Instant discount offers.

So only pre approved ones will affect cashback limit? Or what's the case here?
I don't understand how this works