I am getting the option to apply for rupay platinum cc on split limit basis.
My question is, if I take this cc, and later decide to cancel it, will this limit get destroyed?
Scenario 1:
I have limit of 5 lakh, if I create a rupay cc with 50k limit then pinnacle will have 450k remaining.
I cancel rupay, and pinnacle will become 5 lakh again
Scenario 2:
I have limit of 5 lakh, if I create a rupay cc with 50k limit then pinnacle will have 450k remaining.
I cancel rupay, and pinnacle will remain 450k, and the limit of rupay will vanish.
Which of these will happen?