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Why has SBI reduced credit limit in spite using 80% limit

Mogambo

TF Buzz
"Dear Cardholder, basis internal review of your SBI Credit Card XX69, your Credit Limit has been revised to Rs42000 & Cash Limit has been withdrawn."

Limit is reduced from 95k to 42k. I have literally used full limit every month.

  1. Is it because I have collected too much cashback?
  2. This time around I had spent 95k and paid 75k 1 day early before bill generation, so 20k bill for generated. Is it because of early payment and sbi thinks I am using less? ( I am thinking early payment caused reduction)
Please Need help in restoring to earlier credit limit. 🙏🙏
 
"Dear Cardholder, basis internal review of your SBI Credit Card XX69, your Credit Limit has been revised to Rs42000 & Cash Limit has been withdrawn."

Limit is reduced from 95k to 42k. I have literally used full limit every month.

  1. Is it because I have collected too much cashback?
  2. This time around I had spent 95k and paid 75k 1 day early before bill generation, so 20k bill for generated. Is it because of early payment and sbi thinks I am using less? ( I am thinking early payment caused reduction)
Please Need help in restoring to earlier credit limit. 🙏🙏
Sbi is sbi
They even reduced for me 2 month ago
52 to 40k
 
"Dear Cardholder, basis internal review of your SBI Credit Card XX69, your Credit Limit has been revised to Rs42000 & Cash Limit has been withdrawn."

Limit is reduced from 95k to 42k. I have literally used full limit every month.

  1. Is it because I have collected too much cashback?
  2. This time around I had spent 95k and paid 75k 1 day early before bill generation, so 20k bill for generated. Is it because of early payment and sbi thinks I am using less? ( I am thinking early payment caused reduction)
Please Need help in restoring to earlier credit limit. 🙏🙏
What is the highest credit limit reported in your CIBIL and by which bank?
 
"Dear Cardholder, basis internal review of your SBI Credit Card XX69, your Credit Limit has been revised to Rs42000 & Cash Limit has been withdrawn."

Limit is reduced from 95k to 42k. I have literally used full limit every month.

  1. Is it because I have collected too much cashback?
  2. This time around I had spent 95k and paid 75k 1 day early before bill generation, so 20k bill for generated. Is it because of early payment and sbi thinks I am using less? ( I am thinking early payment caused reduction)
Please Need help in restoring to earlier credit limit. 🙏🙏
Clearing outstanding before bill generation has nothing to do with it. SBI system dubbed you RED FLAG for your high utilization. I have over 250k limit on my simplyclick for over 4 years. Except for during ecom discount, I hardly use 1 to 2% of its limit every month. I have CL increase offer. I am ignoring it for about 6 months.
 
Does anybody have idea how much credit utilization is ok with SBI CB. My credit limit is very low, ₹24000 only. 30% only makes ₹7200. Can,t even buy entry level mobile with this limit.
 
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