• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Something is off with ICICI, and its credit limit estimates?

1RC

TF Premier
VIP Lounge
I am opening this up for discussion, given super premium/premium cards are expected to have certain level of credit limit.

Back in July 2023 I received ICICI Amazon Pay Card (based on fellow forum member's recommendation) with a limit of INR 11L.

This week (October 2, 2023) I applied for ICICI cards online for ICICI specific discounts (which APAY card is ineligible for). On the online application I was offered LTF Sapphiro. There were multiple cards offered on LTF basis. I also saw Emeralde cards but I don't understand if ICICI cards are worth any benefits at this point looking at their competitors.

October 4th I could see the Sapphiro card on mobile app with limit of INR 25.90L.
October 6th, I received the LTF Sapphiro card.


TL'DR;
ICICI APAY card (July 2023) = INR 11L
ICICI Sapphiro LTF (October 4, 2023) = INR 25.9L
This delta between two cards makes no sense.
Please note that I have cards from other banks too.


I recently read an article about the rising credit card debt in India. Looking at this limit offer, I certain this trend is true!

Please let me know if you too have received credit card limit that is beyond reasonable for salaried folks.
 
Back
Top