Credit Card Limit enhancement: Opt in?
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Received a message eligible for increase in credit limit of ICICI Amazon Pay Card to 10lacs without any charges..
Am not a heavy purchaser using this card, but is it worth to opt for it >>
any cibil benefits having higher limits in cards?
any ideA?
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max limit of one of my cards was 6L
With increased limits, it will bring down your utilisation ratio, which is a good sign that it shows you are not credit hungry. This is applicable provided you maintain your expenses on this card the usual way.
go for it
sms sent..received update after 1 minute that request is processed successfully..
How much you generally spend in a month using that card?
10 – 15K max
6 lakh current and 10 lakh after increase……. is it really possible to have this much limit ?
message to mujhe bhi aya az card ke liye icici se from 60 to 90k limit ke liye…
21 second me credit limit double.
I received the message too but I am generally apprehensive of high limits on my credit card due to general possibility of misuse. In case somehow my card gets compromised I might be in deep trouble.
set transaction limit?
Always opt in for limit increase as that makes you eligible for higher end cards quicker than normal.
I dont understand sbi , they wont increwsee limit on my old simplyclick card but gave me new tata card with double the limit of old
no idea on what business model these banks operate on increasing the limits..
Always apply for limit increase whenever you get an offer. There is no fear of misuse as all credit cards are 100% protected and the onus is on the credit card company.
Yes, it will help maintain a good cibil when you have to spend a large number.
Its always good to have CC with higher limits.
What was your earlier credit limit?