Shocking Decrease in SBI's credit Limit!!

[Pujaari]

Hey folks, do yourself a favor and take a peek at your credit limit in SBI cards. You might be in for a rude awakening, like I was. They slashed my limit to such a low amount, I can barely afford a bag of peanuts. Literally. 🥜😂

4L to 14k😂. Just hoping its some technical glitch. Have mailed to cc anyways

 

[ALOAK]

They don't have any good ones to redeem nor transfer partners idiots have given me 41k on sbi vistara prime. Where as my prime normal had 185k and after I swapped the card to airindia card they goofed up with no knowledge of card where it is and each one are giving different answers finally fed had closed the card but idiots sbi reported it on cibil saying new card closed without i receiving it . But vistara card is still there now they had given LE 64k . I don't know what to do with this card and fees is paid. But redeemed the voucher for blr mumbai as revenue ticket is 3500 plus gst almost same price.

 

[Lakshya Mahani]

No change in my father's 7 years old SBI BPCL Card Limit - 2.40 Lakhs

 

[SSV]

I only have CB card and with 90k limit they did not feel reducing it, thinking of getting Vistara Prime tho

Whatever you do , don't touch the CL of your CB card... otherwise face the axe for your CB card at anytime ..

 

[Heehaahee]

Waiting for limit increase to 10,000 K

 

[SSV]

No change in my father's 7 years old SBI BPCL Card Limit - 2.40 Lakhs

Probably they preserved the Indian tradition.... "Respect the elders".....

 

[Heehaahee]

@Abhishek012 Has your Cashback card limit remained intact or decreased?

He has converted cashback to rupay variant...

 

[Lakshya Mahani]

Probably they preserved the Indian tradition.... "Respect the elders".....

Yeh bhi theek hai 😂 😂

 

[SSV]

Yeh bhi theek hai 😂 😂

SBI being representing and leading the nation in the nationalised banks , atleast respecting the Indian traditions in the commercial world, really generous on part of SBI...

 

[funatlearn]

No limit change for me. Have sbi simply save and simply click. Thinking to close both and get sbi vistara ( confused b/w base and prime)

 

[srikant]

Still thinking of reasons for SBI CL decrease - kon inke paise leke bhaag Gaya Jo sabka limit kam kar diya. Definitely some scam happened or some losses, just wo info abtak public nhi hua hai. Just to acquire new customers - existing customers ka limit decrease kardo ?

I think this is likely some technical glitch.

There seriously must be some provision to ensure credit limit decrease is communicated to the borrower, with time given to clear outstanding. I know there are a lot of unfair things in the world, but this is something just too basic.

Still, I was toying the idea of getting a CB or SimplyClick recently, and am sure glad I didn't go ahead. Partly I wanted to finish my Kotak League application -- that I (un?)fortunately need to wait a bit for as I just took an Urbane from them (not having realized League comes in RuPay).

 

[pprakash11]

They don't have any good ones to redeem nor transfer partners idiots have given me 41k on sbi vistara prime. Where as my prime normal had 185k and after I swapped the card to airindia card they goofed up with no knowledge of card where it is and each one are giving different answers finally fed had closed the card but idiots sbi reported it on cibil saying new card closed without i receiving it . But vistara card is still there now they had given LE 64k . I don't know what to do with this card and fees is paid. But redeemed the voucher for blr mumbai as revenue ticket is 3500 plus gst almost same price.

How come PE ticket costs ₹3.5k? 😐

 

[Slayer]

Whatever you do , don't touch the CL of your CB card... otherwise face the axe for your CB card at anytime ..

SBI has been generous to me considering I got a user specific offer of making 10 transactions of 1000 to receive a zomato voucher of 1000

 

[Strange]

He has converted cashback to rupay variant...

 

[pprakash11]

No limit change for me. Have sbi simply save and simply click. Thinking to close both and get sbi vistara ( confused b/w base and prime)

Prime !!

 

[SSV]

I think this is likely some technical glitch.

There seriously must be some provision to ensure credit limit decrease is communicated to the borrower, with time given to clear outstanding. I know there are a lot of unfair things in the world, but this is something just too basic.

Still, I was toying the idea of getting a CB or SimplyClick recently, and am sure glad I didn't go ahead. Partly I wanted to finish my Kotak League application -- that I (un?)fortunately need to wait a bit for as I just took an Urbane from them (not having realized League comes in RuPay).

This is not definitely a technical glitch... They may consider reversing any fees imposed as a result of this action if we persist

 

[Walter White]

He has converted cashback to rupay variant...

Abhishek ka toh limit minus me kar diya hoga SBI ne. SBI bhi bolega ki jitna tumne mera loss karvaya hai loophole nikal nikal ke, pura badla liya jayega. 🤣

 

[pprakash11]

Abhishek ka toh limit minus me kar diya hoga SBI ne. SBI bhi bolega ki jitna tumne mera loss karvaya hai loophole nikal nikal ke, pura badla liya jayega. 🤣

Tab fir Arindam ka card cancelled ?

 

[VISHESH_BANSAL]

Tab fir Arindam ka card cancelled ?

Banned for SBI Cards Forever

 

[SSV]

SBI has been generous to me considering I got a user specific offer of making 10 transactions of 1000 to receive a zomato voucher of 1000

Great, you are lucky that SBI is kind enough for you.. Enjoy the fun while it lasts..

 

[Strange]

Banned for SBI Cards Forever

His wife too?