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SBI CARD limit reduced/decreased issue

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Anupama_Jha

Anupama_Jha

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Hello 🤗

I know there are already many threads on same topic, so I won't bore you anymore. Kya matlab sirf badge badhane ke liye post kara hai😭 🤣

Let's get straight to the point ☝🏻

Starter - Limit got reduced by half.
86k to 40k

Main course --

1. I recently got it converted to LTF
2. Card is purely 13 months old only.
3. Got approved for prime earlier, but downgraded to Simply Click (ifykyk)
4. I am not fulfilling any of the criteria mentioned by @TechnoFino for decrease in credit limit.
4.1 No change in my CIBIL score from last 90 days
4.2 No new cards/loan issued in past 6 months. So, no over leverage also**
4.3 Delay - Wo kya hota hai

4.4 No financial problem in IND🇮🇳 as of 10th May 2024🙏🏻
4.5 Misuse - Hai kya SimplyClick me misuse krne ko 🤡

My query is - Has anyone got their limit re-instated after this fiasco, if yes "bata de bhai, dua milegi"

*Already sent a dhamki mail💌
 

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I got a limit of 20K on SBI CB card, after card activation I transferred my 4L limit from Simply Click to CB now my CB has a limit of 4.2L.

My question is will they reduce my limit for Cashback Card? As my spending is not that much

Should I transfer the limit back to Simply Click card?

Simply Click 5 months old
CB recent one.
 
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yusuf646 said:
My friend has an SBI SimplyClick Credit Card. He has been using it for a year with a very low credit limit of 32K.

He was waiting for a credit limit increase offer from SBI because he has had good spending on his card. The recent bill generated was for 24K.

However, SBI surprised him with a limit decrease offer instead of an increase. His limit got decreased to 20K from 32K. 🥲

I'm still in shock. They reduced the credit limit of a card that already had the lowest limit. He has lakhs on other cards like HDFC.
Click to expand...
Just close the card. No need to deal with these retards
 
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shu_sha said:
I got a limit of 20K on SBI CB card, after card activation I transferred my 4L limit from Simply Click to CB now my CB has a limit of 4.2L.

My question is will they reduce my limit for Cashback Card? As my spending is not that much

Should I transfer the limit back to Simply Click card?

Simply Click 5 months old
CB recent one.
Click to expand...
Maintain 60:40 ratio between both cards.

Trimming depends upon luck.

Btw, how you got so much limit with SBI?
 
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Soon after the launch of SBI Cashback Card, I applied it for my wife and got it with 10k limit ( her first card). After 6 months, the limit was automatically increased to 25k and since then nothing.
Requested a credit limit increase for her, send documents 3-4 times, exchanged emails and finally after 3 weeks of constant follow-up her credit card limit was increased to 1 lac.
 
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bigbyte said:
Soon after the launch of SBI Cashback Card, I applied it for my wife and got it with 10k limit ( her first card). After 6 months, the limit was automatically increased to 25k and since then nothing.
Requested a credit limit increase for her, send documents 3-4 times, exchanged emails and finally after 3 weeks of constant follow-up her credit card limit was increased to 1 lac.
Click to expand...
Which email ID?? When ever I send they are sending standard replies back.
 
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To me they always said either documents not received or documents are not in order.
And I kept sending them same set, but bank account statement updated to current date.
All documents self attested and scanned.
 
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This year my simplyclick is used for 3.5L. No way they are reducing my limit. SBI CB is already going full this month at 80K. My under utilized cards are PNB Ruapy Platinum CC and Axis My Zone (rarely used) and 5-10% is ICICI Sapphiro this year. Waiting for Axis to give Mastercard Airtel on LYF basis. Currently it is FYF and that too in form of 500 Amazon Pay voucher.
 
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Recently my SBI CB CC limit incresed by 52k! during the offer scheme on sbicard app. But I use simplyclick also which has no offer to limit increase. When I am checking in my simplyclick, its showing me weard increase. Existing limit is 230k, offered max Rs. 5000 (five thousand), if i am entering anything below 230k, it says entered limit is lesser than existing limit, if i am entering anything more than 230k, it says exceeded max offered limit!!! kare to kare kya bhaio.
 
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My Question is if I spend 90-100% of my credit limit sometimes as my limit got decreased & pay before bill generation, still there is risk of limit decrease by SBI - as$h*le
 
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