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

 

[Walter White]

Tab fir Arindam ka card cancelled ?

SBI to Arindam:

 

[pprakash11]

His wife too?

Uski wife ke naam pe nahi hai shayad 🤣

 

[Slayer]

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

I mean i have around 42k cashback earned since Oct last year

 

[VISHESH_BANSAL]

His wife too?

Jab uss ludo ki Unnnnlimmmmittted Income hi ruk jaayegi toh Wife ke Card ka bill kon bhargea ?

 

[SSV]

I mean i have around 42k cashback earned since Oct last year

Excellent... you are also a better milker than me ( I only milked 28K for the last 10 months)

 

[ALOAK]

How come PE ticket pe may be 4k around

 

[Walter White]

Jab uss ludo ki Unnnnlimmmmittted Income hi ruk jaayegi toh Wife ke Card ka bill kon bhargea ?

Agar Rupay UPI to bank account wala trick bhi patch ho gya toh kaafi logo ka dhanda band ho jayega.

 

[Slayer]

Excellent... you are also a better milker than me ( I only milked 28K for the last 10 months)

I didn't touch it more because of ITR issues

 

[Strange]

Agar Rupay UPI to bank account wala trick bhi patch ho gya toh kaafi logo ka dhanda band ho jayega.

HDFC has already started cancelling cards of abusers.

 

[Saul Goodman]

I just paid 1 lakh outstanding amount in June month. But the credit limit on my cashback card decreased from 3.5 lakh to 30000. I don't know what logic they use to calculate my credit card performance. 🤦‍♂️

 

[SSV]

I didn't touch it more because of ITR issues

understood, don't want to cross 10 lakh limit per anum..is this?

 

[Walter White]

HDFC has already started cancelling cards of abusers.

Yaha aaya hai notice. Ab kuch din PNB aur BOB se kaam chalana padega. 😛

 

[SSV]

I just paid 1 lakh outstanding amount in June month. But the credit limit on my cashback card decreased from 3.5 lakh to 30000. I don't know what logic they use to calculate my credit card performance. 🤦‍♂️

Not an ideal situation to be in. Did you transfer any credit limit from other card to this??

 

[Saul Goodman]

Not an ideal situation to be in. Did you transfer any credit limit from other card to this??

No. All the spends were genuine and directly done on SBI CB card.

 

[Slayer]

understood, don't want to cross 10 lakh limit per anum..is this?

Yes and got Magnus in March but now spends back to CB from next month onwards (anyway have Eterna but that's for PayTM wallet)

 

[SSV]

No. All the spends were genuine and directly done on SBI CB card.

No, not about spends.. Do you have any other SBI CC and if so did you transfer any CL from that card to this CB card??

 

[Abhishek012]

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

remained intact

 

[Slayer]

remained intact

Asli villain ko hi chor diya

 

[akshayhs]

Waiting for limit increase to 10,000 K

You probably mean 10k since k implies 1000. So 10,000*1000 is unimaginable (of course not impossible)

 

[SSV]

Yes and got Magnus in March but now spends back to CB from next month onwards (anyway have Eterna but that's for PayTM wallet)

FYI, this 10L limit is per financial year... not card anniversary.. so need to plan along those lines..
I wonder if Add-on card holders spends comes in to this limit or they were separate?? Any idea anyone??