Buy item Above the credit limit (Maybe Trick)

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What I found out till now. If you want buy item over and above your credit limit you have to pay first in card like,
In SBI and CITI if want to but item of 55000rs and your credit limit is below that(<54000) then you have to pay the extra amount in card. Then you can make payment.
The extra amount will show in .
Eg
Want to buy iphone of 68000 have cc limit of 50000. Pay extra 18000 in card first, it will show -18000 as available limit. → Placeorder.

This trick works in SBI and CITI card (Self tested)
HDFC doesn’t lets you go above limit. Over limit trick wont work (Also self tested)
Not tried in ICICI and other if anyone have tested let me know in comments.

NOTE— This doesn’t works for EMI purchase only full payment.(EMI purchase blocks your limit and in this case you are going above limit)

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_One_Miller_ wrote:

No

For example my limit is ₹1000 and I need to purchase something worth ₹5000 so I paid ₹5000 in advance and then purchased.

(Original limit of ₹1000 is not even used)

I’ll be charged something??


Yes prepaying in advance increase limit in ICICI Card as well.

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Hitesh-rawaT wrote:

For example my limit is ₹1000 and I need to purchase something worth ₹5000 so I paid ₹5000 in advance and then purchased.

(Original limit of ₹1000 is not even used)

I’ll be charged something??


Yes prepaying increase limit in ICICI Card as well.

No

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Hitesh-rawaT wrote:

For example my limit is ₹1000 and I need to purchase something worth ₹5000 so I paid ₹5000 in advance and then purchased.

(Original limit of ₹1000 is not even used)

I’ll be charged something??


Yes prepaying in advance increase limit in ICICI Card as well.

There are no charges been doing it for past 12 months with ICICI

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Instead work to increase your income and bank balance and automatically your credit limit will be enough for you to even buy a car on credit card.

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rahulkothu wrote:

There are no charges been doing it for past 12 months with ICICI

What is your card limit and txn size?
Or tell me value of order in terms of card limit like 1.5x(x=card limit)
@Apun share your exp too

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caks2006407 wrote:

What is your card limit and txn size?
Or tell me value of order in terms of card limit like 1.5x(x=card limit)
@Apun share your exp too

My limit is 18k but I have increased it to 48k by adding 30k extra.

Infact my payable is in negative for past 5-6 months and I have not been charged a single penny for this.

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rahulkothu wrote:

My limit is 18k but I have increased it to 48k by adding 30k extra.

Infact my payable is in negative for past 5-6 months and I have not been charged a single penny for this.

whats the point of doing this if you wasn’t going to use it?

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caks2006407 wrote:

What is your card limit and txn size?
Or tell me value of order in terms of card limit like 1.5x(x=card limit)
@Apun share your exp too

Used SBI 74K limit to buy 108k iphone.
Paid extra 34k first

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adnan_d92 wrote:

Instead work to increase your income and bank balance and automatically your credit limit will be enough for you to even buy a car on credit card.

Yeah! Good point. Why not try that yourself and let others know how much time it took.
Till then you can try this.

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Can anyone try this on Kotak credit card and report back.

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Apun-hi-bhagwan-hai wrote:

Yeah! Good point. Why not try that yourself and let others know how much time it took.
Till then you can try this.

Already reached there buddy. Don’t want to boast on social media. I’m 26 so easy to say it didn’t take me very long.

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adnan_d92 wrote:

Already reached there buddy. Don’t want to boast on social media. I’m 26 so easy to say it didn’t take me very long.

Bro it’s not about which age you achieve. It’s about different human beings at this world at different levels. There are people who still struggling to earn and there are people who still rich enough to buy car using credit card. There are people who avoid credit card and use their own money to get the car instead of using credit card. It’s not about how much limit or how much money we have, it’s all about how much we help people to achieve that knowledge.

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deals44u wrote:

Bro it’s not about which age you achieve. It’s about different human beings at this world at different levels. There are people who still struggling to earn and there are people who still rich enough to buy car using credit card. There are people who avoid credit card and use their own money to get the car instead of using credit card. It’s not about how much limit or how much money we have, it’s all about how much we help people to achieve that knowledge.

I agree bro!

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Apun-hi-bhagwan-hai wrote:

whats the point of doing this if you wasn’t going to use it?

I use the amount but I ensure I add money and use it. As I don’t want to see high percentage of outstanding credit on a credit card as it might have adverse impact on my CIBIL.

The intention is to benefit of 5% which Amazon pay ICICI card provides and not managing my fund flow. For that I have 3 other cards where I have limits more than 2 Lakh plus in each card

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Apun-hi-bhagwan-hai wrote:

Used SBI 74K limit to buy 108k iphone.
Paid extra 34k first

And did you get reward points on entire transaction or only upto your card limit(74k). Hard to imagine sbi allowing this especially when it is not allowed for emi transactions.

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rahulkothu wrote:

My limit is 18k but I have increased it to 48k by adding 30k extra.

Infact my payable is in negative for past 5-6 months and I have not been charged a single penny for this.

That is all fine but have you also done single transaction of more than 18k on this card.

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guest_999 wrote:

That is all fine but have you also done single transaction of more than 18k on this card.

Yes I have done transaction of more than 25k as well in this card

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rahulkothu wrote:

I use the amount but I ensure I add money and use it. As I don’t want to see high percentage of outstanding credit on a credit card as it might have adverse impact on my CIBIL.

The intention is to benefit of 5% which Amazon pay ICICI card provides and not managing my fund flow. For that I have 3 other cards where I have limits more than 2 Lakh plus in each card

The thing that impacts cibil score is your final due amount shown in generated statement.e.g.if you use 90% of your card limit in a month(say 9k for 10k limit) but pay 8k just 1-2 days before your statement generation date so that your generated bill only has total due amount of 1k then that 1k matters to cibil & not the 9k expenses you incurred earlier.

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rahulkothu wrote:

My limit is 18k but I have increased it to 48k by adding 30k extra.

Infact my payable is in negative for past 5-6 months and I have not been charged a single penny for this.

If you keep doing this then automatic limit enhancement will not trigger and you will be stuck at the same limit.

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guest_999 wrote:

The thing that impacts cibil score is your final due amount shown in generated statement.e.g.if you use 90% of your card limit in a month(say 9k for 10k limit) but pay 8k just 1-2 days before your statement generation date so that your generated bill only has total due amount of 1k then that 1k matters to cibil & not the 9k expenses you incurred earlier.

Mine CIBIL score is not updated from April 2020. Still same.

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iamshashikant wrote:

Mine CIBIL score is not updated from April 2020. Still same.

Wrong. Its updated. Just check in another site. Else onescore toungueout
The site you are seeing , reports no change but it has already been updated.
Change site to see updated score toungueout

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Topsey wrote:

Wrong. Its updated. Just check in another site. Else onescore toungueout
The site you are seeing , reports no change but it has already been updated.
Change site to see updated score toungueout

I feel they stopped considering CUR ratio after March
May be they will continue to do it for a while

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Topsey wrote:

Wrong. Its updated. Just check in another site. Else onescore toungueout
The site you are seeing , reports no change but it has already been updated.
Change site to see updated score toungueout

Ok

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guest_999 wrote:

And did you get reward points on entire transaction or only upto your card limit(74k). Hard to imagine sbi allowing this especially when it is not allowed for emi transactions.

Yes rewaed point was given against whole transaction amount and it shows in statement too.

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caks2006407 wrote:

If you keep doing this then automatic limit enhancement will not trigger and you will be stuck at the same limit.

According to my experience automatic limit enhancement gets triggered in every 6-8 months considering your usage and on-time payment. But there’s a maximum limit they can provide according to the card. After that they will give card updrage.
Like for HDFC Moneyback works till- 10K to 5L and diners club starts from 5L.

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