I have recently got my SBI CB CC with only 20000 credit limit. So I am refilling the card and using it again and again . Will I be eligible for cash back with this method. Secondly I also have a doctor's SBI credit card with 130,000 limit which I am not using is it possible to transfer the limit to my cash back card. Thirdly as I am completely using the 20000 limit will it effect my CIBIL score ?
SBI CASH BACK CC
- Thread starter Jyoti29
- Start date
zacobite
KF Mentor
call sbi.. get limit merged...2k limit is an sbi joke.. maybe they made a mistake
harsh_ujjwal
KF Expert
You are eligible for cashback but bank will charge you over limit fee. Transfer existing card limit to your sbi cashback by calling cx care. But there is risk associated with it also. Sometimes back sbi card decreased limit of all those who followed this. You can give a try if you are not using Doctor's Sbi card.
Obviously it will hamper cibil score if you max out your limit.
krishna1718
KF Mentor
20K limit is low you can request sbi customer care to transfer limit from existing card, refilling card and freeing sbi card will not affect cibil it also reduce utilization, sbi card has monthly limit you can use 20000 only in a month though you refill thats drawback of sbi cashback
dilipmunde
KF Rookie
Call customer care And request them to transfer 110000 rs limit from doctors sbi credit card to cashback credit card all of your problems will be solved by this
First . Good to see that they gave you this card...
In short, like legends have mentioned, you will receive cashback upto 5k on eligible spends if you keep refilling your limit.
I have done so with my axis Flipkart.
Also, again like legends have mentioned, try to get the limit merged with your other SBI CC.
doctoramar
KF Expert
Go for credit limit transfer.Transfer will keep base limit on ur doctors card.rest transferred to sbi cash back.After a couple of months if ur not using ur doctors card close it.
Similar threads
