SBI Credit Card Limit Decrease

Manoj Kohli

KF Expert
SBI has suddenly decided to decrease the limit on my Credit Card from 3 Lakh to 1 Lakh. Is anyone else facing the same issue?

P.S - I am a regular user of my SBI Credit Card and haven't defaulted on a single bill payment
Sometimes bank review the spends of the credit card holders and if they finds that you are using the personal credit card for commercial use then they reduce the limit of the credit card.
It is better to contact the customer care to know the exact reason and sometimes they may ask you to prove that the particular purchases is not for commercial purpose.