Should I apply for SBI Cashback Card?

[ketan12]

I have 3 CC right now -- Neo CC (Axis) - Got Preapproved offer in 2020

Flipkard Axis (Applied and Approved in May this year)

ICICI Amazon pay -- Applied on 21 Aug 2022 and approved

My CIBIL is 789 and all other three are 800+

Should I apply now or should I wait?
or any other card suggestions?

 

[theglobalinvestor]

Why wait? Apply!

 

[ketan12]

Why wait? Apply!

I am waiting cause I applied for ICICI on 21 aug and completed video KYC on 13 sept, and got physical card on 16 sept.
so should i apply?

 

[Wealth is my birth right!]

I am waiting cause I applied for ICICI on 21 aug and completed video KYC on 13 sept, and got physical card on 16 sept.
so should i apply?

Reap the benefits before devaluation so get it soon. The limit also they’re offering 10k 20k only for majority of the applications

 

[ketan12]

The limit also they’re offering 10k 20k only for majority of the applications

but isnt that way less limit? i already have 1L+ limit on all three Credit Cards

 

[Wealth is my birth right!]

but isnt that way less limit? i already have 1L+ limit on all three Credit Cards

Their intention now before month end need to clear all applications received via sprint and offline which is around lakhs for which easy way to reject on some grounds majority of applications and due to lack of time no proper method of calculating new limit by going deep through cibil and your other bank usages so rough and random 10k/20k if u r eligible for issuance(by this way of lower limit sbi can get saved 5% of CB as well since most of us will not use full 10k/20k limit since it will result in 100% limit usage which is danger for cibil score).
Some exceptions are there they gave limits like 3l 4l and all as per the applicants ITR/salary CTC.