Shoprite card limit reduced from 280000 to 10000

[drvenkat]

I have a shoprite card which had 280000 limit which got reduced to 10000.i use this card only for offers .is it better to close for good credit score?i have 8 active CCs and 2 property loans

 

[PavvanPavvan is verified member.]

It's quite common from RBL bank reduce CL if you don't use card frequently
You need write email for restoration
Or apply for new card for fresh credit limit
I have faced similar situation

 

[Das.N]

This is insane, a 96.43 % decrease 😳

 

[techprince]

So far i have heard CL reductions after 4 months of non-usage. So i just buy Amazon Vouchers every 3 months and add it back to my APay balance. This keeps all credit cards active.

 

[TheTrickySid]

You need write email for restoration

Does this even work??

 

[drvenkat]

It's quite common from RBL bank reduce CL if you don't use card frequently
You need write email for restoration
Or apply for new card for fresh credit limit
I have faced similar situation

does it work if write an email

 

[mj01]

I'd cancel the card. Ain't got no time for maintaining cards with such mediocre limits. A month's grocery shopping will lead to 50% utilization.

 

[drvenkat]

I'd cancel the card. Ain't got no time for maintaining cards with such mediocre limits. A month's grocery shopping will lead to 50% utilization.

😆😛well said.that's why stopped using this card once they reduced my limit