SCB card limit revised to 10k

[Ram1]

SCB shockingly revised my limit to 10K.

Your credit card account credit limit has been revised from INR 130,500.00 to INR 10,000.00. For any queries, pls contact our customer care- StanChart

Is this temporary? How can i get my limit back?

 

[kuchbhi]

Low usage might be the reason

may be but every limit to 10k isnt justified

 

[Ram1]

may be but every limit to 10k isnt justified

Yeah completely unethical. 50k is somewhat meaningful.

 

[HolUp]

SCB shockingly revised my limit to 10K.

Your credit card account credit limit has been revised from INR 130,500.00 to INR 10,000.00. For any queries, pls contact our customer care- StanChart

Is this temporary? How can i get my limit back?

Same thing happened with me today; and the revised limit is ₹10k!

Low usage might be the reason as I don't use it that much (only 1-2% of the limit per month).

Interestingly, I was thinking 2-3 days ago to close my SCB and AU Bank CCs as I don't use them at all - only Amex and HDFC (plus IDFC for EMI purchases)

 

[Ram1]

Same thing happened with me today; and the revised limit is ₹10k!

Low usage might be the reason as I don't use it that much (only 1-2% of the limit per month).

Interestingly, I was thinking 2-3 days ago to close my SCB and AU Bank CCs as I don't use them at all - only Amex and HDFC (plus IDFC for EMI purchases)

Good, close them right away on their face

 

[Ramakrishna]

SCB shockingly revised my limit to 10K.

Your credit card account credit limit has been revised from INR 130,500.00 to INR 10,000.00. For any queries, pls contact our customer care- StanChart

Is this temporary? How can i get my limit back?

Yes, my credit limit also reduced from 132000 to 52000

 

[Anindya98]

Yes, my credit limit also reduced from 132000 to 52000

That is understandable but 10K is absurd

 

[Ram1]

Yes, my credit limit also reduced from 132000 to 52000

This is somewhat usable limit, 10k what to do even😭

 

[Ram1]

Reached out to twitter handle of scb, this is their reply
thank you for reaching out us. Please note, the credit limit increase and decrease on the card will be based on several factors & credit checks as per the bank’s internal policy. Appreciate your understanding. ~ST

 

[Ram1]

Another reply
Please note that the bank will conduct a bureau check once in every six months, and the credit limit increase and decrease on the card will be determined by several factors. Appreciate your understanding. Thank you! ~TS

 

[Ram1]

This bank is dead ufff