SBI Credit Card Limit Revision (Decrease)

[ajitshukla19]

Hello everyone,
I was using SBI simply click since last 8 years which started from 30k and reached max till 2.8 lacs . Then splitting limit to cashback and simply click by 1.35 and 1.45 respectively on December 2022.
Today suddenly got the massage that my limit for simply click is revised to 75k which is nearly 50% less than current. Looks like bad days are ahead for SBI Cards as they keep doing this shit now on regular basis.
Reducing 50% at once is something extraordinary.

 

[Deepak_Shetty]

Hello everyone,
I was using SBI simply click since last 8 years which started from 30k and reached max till 2.8 lacs . Then splitting limit to cashback and simply click by 1.35 and 1.45 respectively on December 2022.
Today suddenly got the massage that my limit for simply click is revised to 75k which is nearly 50% less than current. Looks like bad days are ahead for SBI Cards as they keep doing this shit now on regular basis.
Reducing 50% at once is something extraordinary.

Have you maintained current out standing more (more than 50% of limit) in last few months at the time of billing or month end?

 

[Garry]

I too split limit of my simply save with cashback card last year and kept 1.2L in simply save and 1.6L in cashback card and then after few months bank reduced cashback card's limit to 20K.😢

 

[Anupama_Jha]

Have you maintained current out standing more (more than 50% of limit) in last few months at the time of billing or month end?

Bhai it doesn't matter. SBI literally never spare anyone

 

[Anupama_Jha]

I too split limit of my simply save with cashback card last year and kept 1.2L in simply save and 1.6L in cashback card and then after few months bank reduced cashback card's limit to 20K.😢

86k to 40k🥶

 

[Deepak_Shetty]

Bhai it doesn't matter. SBI literally never spare anyone

Keeping high outstanding also one of the reason for limit decrease. My card limit also decreased by 35k few months back.

 

[ajitshukla19]

Have you maintained current out standing more (more than 50% of limit) in last few months at the time of billing or month end?

From last 6 months I had not used the card. This month I had used for 40k single transaction

 

[Beyond]

From last 6 months I had not used the card. This month I had used for 40k single transaction

Someone else had similar experience, he was also not using sbi card for sometime and later did a high spend, limit reduced in next cycle.
So I think only way to keep SBI from triggering LD is to use card each month and keep utilization below 30%

 

[Nishan11]

I never use for than 20% limit on my SimplyClick & Vistara cards. Both have different limits.

 

[Anupama_Jha]

Ye kya baat ho gyi, use less to not get limit decrease. Suppose someone's limit is 100k and wants to buy iPhone or something over 50-60k. Then...... Trash policies👎🏻

Prefer better to close the card❌

 

[ajitshukla19]

Looks like s i is giving limits only to report on CIBIL . In reality if you will use they will DL