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

 

[gamersgzb]

Both my SBI card limits are intact, but fortunately, I was issued the SBI CB Card with a very high limit of 20k. Probably SBI couldn't dare to go any lower than that.

Haha.. mine is still intact.. they did give me a good limit of 2.75L.. but got this card last month only.. so that could be the reason to not decrease the limit

 

[ALOAK]

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.

Welcome to world of sbi

 

[John Since]

My CB card limit reduced from Rs.170000/- to Rs.84000/-.
Effing idiots.

 

[PavanPavan is verified member.]

Same here 5,50,000 reduced to 2,55,000 at least i have some shoulder to cry

 

[Strange]

Both my SBI card limits are intact, but fortunately, I was issued the SBI CB Card with a very high limit of 20k. Probably SBI couldn't dare to go any lower than that.

You forgot that SBI has issued cashback card with legendary 10k limit to some people after deducting 10k limit from their first SBI Card.

 

[yashbhavnani]

Mine 1) SBI elite remains intact at 2.6 L. 2) BPCL Octane reduced from 2.4 L to 1.74 L.

SBI guys this morning be like, aaj kuch toofani karte hai !!!

 

[Strange]

Mine 1) SBI elite remains intact at 2.6 L. 2) BPCL Octane reduced from 2.4 L to 1.74 L.

So they are decreasing credit limit of other cards too?

 

[4uziaul]

You forgot that SBI has issued cashback card with legendary 10k limit to some people after deducting 10k limit from their first SBI Card.

I got my card after those legendary moments, so I wasn't fortunate enough to be blessed with such high limits.

 

[John Since]

Time to close SBI card now.

 

[yashbhavnani]

So they are decreasing credit limit of other cards too?

God only knows what they are doing and whatever happened to them after yesterday’s lunch!

 

[R!ppEr]

My sbi cv prime limit is intact

 

[Strange]

Time to close SBI card now.

Initiate card closure request then ask retention team to restore your credit limit.

 

[PavanPavan is verified member.]

Did any one call customer care ? any update from them ?

 

[BigdeBigde is verified member.]

Just checked mine and my limits are intact on both the cards. May be SBI is yet to shower their love up on me.

 

[Harry1]

Same 6-digit limit for me

 

[Strange]

God only knows what they are doing and whatever happened to them after yesterday’s lunch!

They got inspired by Axis probably but instead of doing devaluation they did credit limit devaluation.

 

[Chaitanya-a]

They got inspired by Axis probably but instead of doing devaluation they did credit limit devaluation.

Maybe because they don't have any other good thing to devalue

 

[imdjay]

I think. This is based on what card you have.
My IRCTC Rupay card limit is intact.

and 3 years me total 3 transactions hai. usme 2 annual fee.

 

[Shivaji]

I already close sbi simply click card last year, limit was 2.4 lakh. Ha ha ha i don't need SBI credit card.

 

[Strange]

Btw, can anyone confirm whether this credit limit decrease occurred for individuals whose first SBI credit card was the SBI Cashback card?