Card limit increase

[Deepak goyat]

Please whoever have knowledge about it only he/she should reply

(1) My cibil now 780
Sbi cashback card limit is only 25k which is separate from sbi bpcl octane card
Although my frnd cibil 700 his card limit is 60k
How to increase it, am sallaried employee

 

[guptajoy961]

Please whoever have knowledge about it only he/she should reply

(1) My cibil now 780
Sbi cashback card limit is only 25k which is separate from sbi bpcl octane card
Although my frnd cibil 700 his card limit is 60k
How to increase it, am sallaried employee

Alright, so you're curious about your credit card limits, huh? Let me break down what I know for you:

1. CIBIL Score:
   • A 780 CIBIL score is great! That means you've been handling your finances well. Congrats!
2. SBI Cashback Card Limit:
   • The ₹25,000 limit on your SBI Cashback card might be because of a few things:
     • Your income and credit history with the bank
     • The bank's own rules and risk checks
     • The fact that this card is separate from your SBI BPCL Octane card
3. Boosting Your Credit Limit:
   • Here's how you could get a higher limit on that Cashback card:
     • Reach out to SBI, sharing your income, job, and credit history details.
     • Keep your card payments on time and your spending low.
     • You might want to apply for a new card, either from SBI or another bank, to get a higher initial limit.
4. Comparing With Your Friend's Card:
   • Your friend's ₹60,000 limit could be due to:
     • A stronger income and credit history compared to yours
     • Different bank rules and risk checks for their card

Remember, credit card limits depend on many factors. Banks have their own rules and checks to follow. To improve your chances, be proactive with your bank and share any info that could help them consider increasing your credit limit. Good luck!

 

[ShavirB]

Please whoever have knowledge about it only he/she should reply

(1) My cibil now 780
Sbi cashback card limit is only 25k which is separate from sbi bpcl octane card
Although my frnd cibil 700 his card limit is 60k
How to increase it, am sallaried employee

Is there a material difference in your and your friend's annual income? If yes, that is your answer