SBI CARD limit reduced/decreased issue

[Anupama_Jha]

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

 

[shu_sha]

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.

 

[Lorddiesel]

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.

Just close the card. No need to deal with these retards

 

[Anupama_Jha]

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.

Maintain 60:40 ratio between both cards.

Trimming depends upon luck.

Btw, how you got so much limit with SBI?

 

[Lorddiesel]

Till now no one could able to find out the actual reason behind this credit limit decrease.

Abto SBI ki ye nautanki har 6 mahino pe start ho jata hai.

Kam use Karo to bhi issue, jyada use Karo to bhi issue. Kare to kare kya...

Permanent Closure !

 

[shu_sha]

Maintain 60:40 ratio between both cards.

Trimming depends upon luck.

Btw, how you got so much limit with SBI?

Previously had Simply Click card with 5L limit, transferred 4L to CB card from Simply Click card.

 

[bigbyte]

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.

 

[BVCBVC is verified member.]

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.

Which email ID?? When ever I send they are sending standard replies back.

 

[bigbyte]

Which email ID?? When ever I send they are sending standard replies back.

I also got standard replies, but I persisted till I started getting calls from them.
Email:- customerservice@sbicard.com

 

[BVCBVC is verified member.]

I also got standard replies, but I persisted till I started getting calls from them.
Email:- customerservice@sbicard.com

Trying to same mail, always same response all the time.

 

[bigbyte]

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.

 

[BVCBVC is verified member.]

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.

Good you were on the positive outcome that too from SBI.