SBI Cashback Card - First round of Limit Enhancement Offer

[rohit_]

Got a 30% Limit Enhancement
Increased from 1.07 to 1.39
Mine Card Age: September Almost 8 Months Old (when they started issuing cards)
in App or net banking click EMI and More then Credit Limit Enhancement (If you are eligible then it shows)
So, Check Yours

 

[ronakshah]

SBI strictly considers the over-leverage factor and as u said said u have many CCs this could be the reason
Age may also be the reason(sal:21, Self-Empl:25)

Age shouldn't be an issue. But looking at other posts it seems like over leveraging is the issue in my case.

 

[dealminer]

This shouldn't be the reason for rejection 😐 How do I escalate it further

You can't total CL vs salary ratio is higher from sbi pov so you could have taken sbi card in the start
Or now you can close unnecessary cards.

In my case:
I had sbi card as 2nd card simplyclick with ~3L+ limit.
Closed it to get CB card as upgrade wasn't possible then.
Applied new got 20k CL on CB card. (By then I had 5-6 CC ig)

 

[Ak Singh]

Age may also be the reason(sal:21, Self-Empl:25)

Are you 100% sure that for Self employed age is 25? On their website show 21..

 

[SplendorSuperman]

Are you 100% sure that for Self employed age is 25? On their website show 21..

Yes it is , I had a friend who applied for CB got rejected earlier as he was not 25.
He applied on his 25th Birthday and he got the card.

 

[ronakshah]

You can't total CL vs salary ratio is higher from sbi pov so you could have taken sbi card in the start
Or now you can close unnecessary cards.

In my case:
I had sbi card as 2nd card simplyclick with ~3L+ limit.
Closed it to get CB card as upgrade wasn't possible then.
Applied new got 20k CL on CB card. (By then I had 5-6 CC ig)

Thanks will try to trim down my credit card portfolio.

 

[Fini7777]

Are you 100% sure that for Self employed age is 25? On their website show 21..

yes, When I applied a year ago My application was declined stating that the age criteria was not met acc to their int policies

 

[Heehaahee]

This shouldn't be the reason for rejection 😐 How do I escalate it further

Repay Mallya's SBI loans, then they will make u chairman even 😬

 

[bigbyte]

SBI to me... Kaisa lga mera majak..

 

[Fini7777]

SBI to me... Kaisa lga mera majak..
View attachment 67498

What's that 🤔
When 1L became less than 40k this is crazy... 🤣 🤣 🤣

 

[desiviru]

SBI to me... Kaisa lga mera majak..
View attachment 67498

Imagine meme from Prof. Snape shocked (Harry Potter).

Seems like Arabic language fonts reversed it. 🤣

 

[desiviru]

I regularly get a call from sbi agents to apply for sbi cc and now when I applied they instantly declined 🙃

Mere bhai, yaha jinko SBI CC approval mil jata hai unko nahi pata ki kaise approve ho gaya, tumhe is baat ki chinta hai ki reject kyu huya, reason do. Reason aur SBI ka lena dena hai hi nahi. SBI Card team/system is always like- Mera dil kiya maine approve kar diya, nahi kiya toh reject kar diya.

For rejection it is like, we would like to have an another meeting with you in 3 months. I waited for a year before getting one on 4th chance and that too they themselves offered on netbanking.

 

[ronakshah]

Mere bhai, yaha jinko SBI CC approval mil jata hai unko nahi pata ki kaise approve ho gaya, tumhe is baat ki chinta hai ki reject kyu huya, reason do. Reason aur SBI ka lena dena hai hi nahi. SBI Card team/system is always like- Mera dil kiya maine approve kar diya, nahi kiya toh reject kar diya.

For rejection it is like, we would like to have an another meeting with you in 3 months. I waited for a year before getting one on 4th chance and that too they themselves offered on netbanking.

Hahah got it bro. Just to give a try I applied from my wife's account and it was instantly approved without vkyc and any income documents 😃

 

[Ak Singh]

SBI to me... Kaisa lga mera majak..
View attachment 67498

Another reason, SBI should take or need One more lunch break. 😜