Federal Bank Scapia Credit card reducing limits of card holders upto 90% or even more

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Deal Cadet
nik007rock
My credit card limit on scapia reduced from 7lac to 80 k last night check yours
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Why you want to close?

It's ltf and

We can use for bank offers na

What's d benefit of this cc?

Btw mine is signet

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@Desidime User Bank offers do not apply on the scapia card, rewards are very less. 0 forex is available on my idfc wow cc. Most important , Federal only issues 1 cc per customer so if I apply for another federal cc it gets rejected. i would rather prefer a different federal Bank cc to get bank offers at least.
Deal Newbie Deal Newbie
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I usually avoid Federal cobranded related services like Fi, Scapia, Jupiter etc. they do these shady things very often, I rarely used their services just had accounts with them but after seeing their 0% MKF I did some regular international purchases with them (buying digital goods etc), and next month they flagged and blocked my account and asking for all sorts of stuff and then also they rarely reply. the reason they gave were "unusual activity" 😌

TL;DR - they offer very attractive things to gain attention and customer base and then when people starts to take advantage of those very features they hammer the user.

Talk-Of-The-Town Talk-Of-The-Town
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Same

38 Comments  |  
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Helpful Helpful
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Does scapia show as personal loan in CIBIL?

Finance Ninja Finance Ninja
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mine didn't get reduced
Deal Cadet Deal Cadet
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Used on international trips and on payment for international certification fees

Deal Cadet Deal Cadet
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4.8 to 1

Deal Lieutenant Deal Lieutenant
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.




Talk-Of-The-Town Talk-Of-The-Town
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Same

Deal Cadet Deal Cadet
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Those who are complaining about their limit got reduced. Did you guys even used the card ones 🧐. If yes then where

Deal Subedar Deal Subedar
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Used in Dubai, used on International websites etc.
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Deal Subedar Deal Subedar
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Reduced for my wife from 3.5L to 1.2L. She got email too. Why are they doing this?

Deal Cadet Deal Cadet
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Same here 7.65 lac to 1.4 lac

Deal Newbie Deal Newbie
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I usually avoid Federal cobranded related services like Fi, Scapia, Jupiter etc. they do these shady things very often, I rarely used their services just had accounts with them but after seeing their 0% MKF I did some regular international purchases with them (buying digital goods etc), and next month they flagged and blocked my account and asking for all sorts of stuff and then also they rarely reply. the reason they gave were "unusual activity" 😌

TL;DR - they offer very attractive things to gain attention and customer base and then when people starts to take advantage of those very features they hammer the user.

Deal Cadet Deal Cadet
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Yes they are saying use the card(international trip pr 80k mein kya kya karunga,time to close

Helpful Helpful
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Mail bhi aaya federal bank k taraf se dont think its a bug, inhone reduce hi kia h. Apart from Amazon offer I havent found any real use of this card

Deal Cadet Deal Cadet
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6.56L to 1L

Deal Newbie Deal Newbie
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Same with onecard too?

Deal Newbie Deal Newbie
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Mine reduced from 4.6L to 1L 

78% reduced 😔

also unable to login to scapia app anyone else facing issue in login ? 

Wingman Wingman
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Mine 600000 to 100000... just received the msg

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Dear Customer, as per the updated credit card policy of the Bank, your credit card limit for the Federal Bank- Scapia Co-branded Card has been revised to Rs. 25000. We encourage you to use your card more frequently to improve your credit utilisation rate, which is an important factor in determining your credit limit. For any queries, please reach out to us through email at [email protected]

Recieved this from federal Bank 

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10L to 20k

Pro Shopping Friend Pro Shopping Friend
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@abhishek012 be like - Bhot Kam Decrease ki hai minimum 99% decrease karni chaiye thi. 

Helpful Helpful
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6.5L to 20k sweat_smile sweat_smile sweat_smile. If this is permanent, will close for sure

Helpful Helpful
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Why you want to close?

It's ltf and

We can use for bank offers na

What's d benefit of this cc?

Btw mine is signet

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Benevolent Benevolent
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Again the same SBI CC bug where the developer messed operators.

Instead of

limit  += (0.1*limit)

s/he coded
limit = (0.1*limit)

Deal Cadet Deal Cadet
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Hopefully this is temporary else will close the cc

Helpful Helpful
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Same for me 

Comrade Comrade
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Many reports of cc limit downgrade. May be some technical issue

Pro Entertainer Pro Entertainer
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😳🤯


Helpful Helpful
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Mine signet

still same

Helpful Helpful
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Since our are low limit they won't change

Beacon Beacon
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2.6L to 60k.

Deal Cadet Deal Cadet
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Just checked, mine reduced from 4.83L to 1L. 

Deal Cadet Deal Cadet
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Yes check twitter many ppl have repotedly claimed that indeed they are drastically reducing limits ,time to close this now

Helpful Helpful
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7 lac to 80 k flushed flushed flushed

Deal Newbie Deal Newbie
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Will ICICI join the bandwagon? 😄

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