Restrictions on Monthly limits on SBI credit cards

[NikunjP]

I have SBI card with 3,00,000 Limit. I spent 2,15,000 on card. Then I paid entire 2,15,000 before the bill generation. So expected my entire 3,00,000 limit was free to use.
However I could not make a transaction of 97,000 because it crossed monthly limit of 3,00,000.
It works in Axis but not in SBI.
Is there any solution?

 

[Wealth is my birth right!]

I have SBI card with 3,00,000 Limit. I spent 2,15,000 on card. Then I paid entire 2,15,000 before the bill generation. So expected my entire 3,00,000 limit was free to use.
However I could not make a transaction of 97,000 because it crossed monthly limit of 3,00,000.
It works in Axis but not in SBI.
Is there any solution?

Sbi want to restrict cb or rewards so u can’t use a card more than ur limit in a month until next bill

 

[panu24]

I have SBI card with 3,00,000 Limit. I spent 2,15,000 on card. Then I paid entire 2,15,000 before the bill generation. So expected my entire 3,00,000 limit was free to use.
However I could not make a transaction of 97,000 because it crossed monthly limit of 3,00,000.
It works in Axis but not in SBI.
Is there any solution?

There is no solution here. you cannot purchase more than assigned credit limit. I am not sure how in Axis its allowed. Maybe you got multiple cards in Axis and using top aggregate limit to purchase?

 

[panu24]

I have SBI card with 3,00,000 Limit. I spent 2,15,000 on card. Then I paid entire 2,15,000 before the bill generation. So expected my entire 3,00,000 limit was free to use.
However I could not make a transaction of 97,000 because it crossed monthly limit of 3,00,000.
It works in Axis but not in SBI.
Is there any solution?

Looks like you posted 2 more same topics here.

 

[NikunjP]

I was trying to post only one. Page was not responding, so more than one post ate here. I will remove duplicate.

 

[hks789]

Sbi want to restrict cb or rewards so u can’t use a card more than ur limit in a month until next bill

There is no solution here. you cannot purchase more than assigned credit limit. I am not sure how in Axis its allowed. Maybe you got multiple cards in Axis and using top aggregate limit to purchase?

I have a cb card with 20k(earlier it was 10k). Total purchases for last statement is around 75k.

They do have some sort of monthly limit but it is not your credit limit

 

[panu24]

I have a cb card with 20k(earlier it was 10k). Total purchases for last statement is around 75k.

They do have some sort of monthly limit but it is not your credit limit

So you did not keep repaying but only purchasing till you reach 75k purchases?

 

[RajMahadik]

No SBI now doing this too... Happened with me yesterday... See do this :

1. Change Per statement ( per cycle limit) set to full... It will work...

 

[NikunjP]

Please check wha

No SBI now doing this too... Happened with me yesterday... See do this :

1. Change Per statement ( per cycle limit) set to full... It will work...

I have done the same. Not working for me.

 

[RajMahadik]

No SBI now doing this too... Happened with me yesterday... See do this :

1. Change Per statement ( per cycle limit) set to full... It will work...

 

[hks789]

So you did not keep repaying but only purchasing till you reach 75k purchases?

I am repaying after every transaction.
What I meant is that I was able to purchase more than my assigned limit by repaying.

 

[NikunjP]

In card usage controls, I have set the maximum already. Do I have to make other changes in card control setting?

 

[WhoU]

Is your payment settled? You probably have to wait 2-3 days before your payment is settled and limit is reset.

 

[Wealth is my birth right!]

I have a cb card with 20k(earlier it was 10k). Total purchases for last statement is around 75k.

They do have some sort of monthly limit but it is not your credit limit

From this April I think it is not possible now with sbi

 

[kgaurav00]

I have a cb card with 20k(earlier it was 10k). Total purchases for last statement is around 75k.

They do have some sort of monthly limit but it is not your credit limit

have you another SBI Card??

 

[hks789]

have you another SBI Card??

Yea BPCL with 10k limit 😅. Got that card 2 weeks ago

 

[hks789]

From this April I think it is not possible now with sbi

Is this specific to cb card? Any idea.

Sbi increased card limit to 32k now.
So far usage is 25k, will check whether they will let me do more than 32 this month.

 

[D7162]

This may be changes implemented recently - Previously I made transaction even more than credit limit by Paying extra - Around diwali time, had to purchase gold, transaction amount was around 82k and limit was 75, so paid extra and transaction went through.

 

[kgaurav00]

I have SBI card with 3,00,000 Limit. I spent 2,15,000 on card. Then I paid entire 2,15,000 before the bill generation. So expected my entire 3,00,000 limit was free to use.
However I could not make a transaction of 97,000 because it crossed monthly limit of 3,00,000.
It works in Axis but not in SBI.
Is there any solution?

which SBi Card you using???
I have SBI CB card with 30k limit but i used 57k from that card without any problem??

 

[John123]

I am repaying after every transaction.
What I meant is that I was able to purchase more than my assigned limit by repaying.

Yes, me too. I think they have some specific monthly limit.