Standard Chartered reduced my credit limit from 3.75L to 10k

[Ram1]

Closing the card is an option.

Yeah that's good option

 

[Anupama_Jha]

People to SCB 👇 👇

PEOPLE THROWING SCB CARD

ALL EMOTIONS IN ONE POST 😉
Special Thanks to @HumorSimpson for granting me his copyright!!! (nvm)

Damn, so much long post. Really appreciate ur time ☺️

 

[kuchbhi]

Damn, so much long post. Really appreciate ur time ☺️

you made me realize I was wasting my time! Instant Karma!

 

[HumorSimpson]

People to SCB 👇 👇

PEOPLE THROWING SCB CARD

ALL EMOTIONS IN ONE POST 😉
Special Thanks to @HumorSimpson for granting me his copyright!!! (nvm)

Me seeing all Simpsons gifs in some other username

 

[SonyTom]

Only read the context and share ur opinion irrespective of handle. (No politics)🚫

Reason:👇🏻

Should be non TFCians. Actually the banks should check if the clent is a member of TFC before doing such ‘athyachar’

Most probably these are guys who use the credit card to bank trick of alindam. Then as mentioned in the post, they put in stock market. Take it out before due date, pay the bill, pocket the profit and then repeat. Goes on well till stocks fall !!!

 

[akshayhs]

@Pavan so when are you geting an SC card for me? 😜

 

[akshayhs]

Me seeing all Simpsons gifs in some other username

Time to move to Quahog my friend. I got a guy called Quagmire who will be your buddy.

 

[HumorSimpson]

Time to move to Quahog my friend. I got a guy called Quagmire who will be your buddy.

Whats the character and cartoon?

 

[akshayhs]

Whats the character and cartoon?

 

[HumorSimpson]

 

[kuchbhi]

Me seeing all Simpsons gifs in some other username

lo haay lag gayi aapki

 

[HumorSimpson]

lo haay lag gayi aapki

Means. ? .

 

[kuchbhi]

Means. ? .

mattlab apki buri nazar lag gayi ki mods ne post dlt kardi

 

[helloworld]

2 Possible Scenarios​

1. Technical Glitch
   • In this case, the issue could be temporary. You may need to wait for around two months, after which SC might send another SMS stating:
   • SC has done this before, where they identified and corrected similar issues.
     
     
2. Actual Limit Reduction
   • If the reduction is intentional it could be part of standard banking practices. While this scenario is less likely, anything is possible in the banking industry.

SMS from SC:

Dear Client, your credit card limit was inadvertently changed on [xxth April 2024]. The limit has been restored on [xxth June 2024]. Regret the inconvenience caused – StanChart.

 

[HumorSimpson]

mattlab apki buri nazar lag gayi ki mods ne post dlt kardi

Next add this to your posts

 

[kuchbhi]

Next add this to your posts

exactly what I need dhaniyaavaad!!

 

[HumorSimpson]

exactly what I need dhaniyaavaad!!

Thank you very mirch

 

[NUKE]

Similar to my situation, Stan C recently reduced my credit limit from ₹3 lakhs to a mere ₹10K. I believe this is due to multiple Ombudsman complaints filed against the bank over the past 6 months, even though my card is only 8 months old. Since they cannot directly close my card due to RBI regulations, they opted to drastically reduce my limit, likely hoping I would close it myself.

 

[Ram1]

Similar to my situation, Stan C recently reduced my credit limit from ₹3 lakhs to a mere ₹10K. I believe this is due to multiple Ombudsman complaints filed against the bank over the past 6 months, even though my card is only 8 months old. Since they cannot directly close my card due to RBI regulations, they opted to drastically reduce my limit, likely hoping I would close it myself.

Why scb receiving multiple ombudsman complaints?