SBI Credit card limit decrease

[InfoSeeker]

Hello. I have one query.
Two days ago I got SBI Cashback card with 20k limit, and I also had simplyclick card with 103k limit which I got few months ago. I have transferred 80k limit from simplyclick to Cashback card, now I have 100k limit in cashback card, after doing this, I have closed my simplyclick credit card by raising closure request. So, my question is after how many months/year they will decrease my cashback card limit due to their so called internal policy???

 

[Pankajkr09]

Hello. I have one query.
Two days ago I got SBI Cashback card with 20k limit, and I also had simplyclick card with 103k limit which I got few months ago. I have transferred 80k limit from simplyclick to Cashback card, now I have 100k limit in cashback card, after doing this, I have closed my simplyclick credit card by raising closure request. So, my question is after how many months/year they will decrease my cashback card limit due to their so called internal policy??

Hello. I have one query.
Two days ago I got SBI Cashback card with 20k limit, and I also had simplyclick card with 103k limit which I got few months ago. I have transferred 80k limit from simplyclick to Cashback card, now I have 100k limit in cashback card, after doing this, I have closed my simplyclick credit card by raising closure request. So, my question is after how many months/year they will decrease my cashback card limit due to their so called internal policy???

How does you transfer your simply click limit to cashback credit card?

 

[rogerthat]

Don't close SBI Cards. You won't get another one again.

 

[Sobirvs]

Closing card is a mistake, SBI people are idiots.

How did you transfer the limit, I'm guessing by calling CC?

 

[Ram1]

Why would they decrease your cashback card limit? If you use regularly, they won't

 

[tachniki]

They considered your credit worth 1.23 L when they issued cashback card. You now have 1.03 L limit. So, there is no reason for reducing.

 

[InfoSeeker]

How does you transfer your simply click limit to cashback credit card?

By calling CCE, they transferred the limit within 2 minutes.

 

[InfoSeeker]

Closing card is a mistake, SBI people are idiots.

How did you transfer the limit, I'm guessing by calling CC?

Yea correct, by calling CC

 

[InfoSeeker]

Why would they decrease your cashback card limit? If you use regularly, they won't

The problem is that they are mad, they decreases credit card limits without providing any proper reason. My brother also had sbi cashback credit card, and suddenly one day they reduced his card's limit from 115k to 26k despite of decent use of the card and also they did not provide any valid reason for this limit reduction.

 

[InfoSeeker]

They considered your credit worth 1.23 L when they issued cashback card. You now have 1.03 L limit. So, there is no reason for reducing.

The problem is that they are mad, they decreases credit card limits without providing any proper reason. My brother also had sbi cashback credit card, and suddenly one day they reduced his card's limit from 115k to 26k despite of decent use of the card and also they did not provide any valid reason for this limit reduction.