Kotak asking money for Credit Limit increase

[zoro]

The strangest of things happened today, I got an offer limit increase for my Kotak credit card, but to have the limit increase I need to pay a fee of 99+GST, I mean just why.

I used to have league card in the past(now closed) I had got multiple credit increase never had to pay a single rupee, along with the devaluations just when everyone is thinking what else can go wrong, Kotak has found a new way to do it 🙂

 

[pranjal1984]

They are the only Bank who charges for limit enhancement.

 

[equalizer]

Dear Officer,

I hope this message finds you well. I am writing to inform you that I must decline your offer of an increased credit limit on my credit card. The reason for this decision is the processing fee requirement associated with the offer.

I find the expectation of paying a processing fee for this service to be unreasonable. I do not believe that charging such fees is standard practice. Therefore, I kindly request to maintain my current credit limit without any changes.

Thank you for understanding my perspective on this matter.

Best regards.

Sent To - k.vora@kotak.com, p.balgi@kotak.com, ceo@kotak.com, k.vora@kotakbank.com, p.balgi@kotakbank.com, ceo@kotakbank.com

Thank you, ChatGPT

 

[Aniket]

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