I applied for SBI SimplyClick CC via internet banking and they've rejected my application for such a basic CC without giving any information in detail.
I currently hold Ola Money CC (LTF, 1.1L credit limit) and Cashback CC (2L credit limit) from SBI.
Is there a possibility that SBI Cards don't issue more than 2 cards? I highly doubt this though as I haven't seen any post related to it.
Shouldn't they give a proper reason for application rejection according to RBI's guidelines issued with respect to CC application rejection and providing proper reason.
Will this have a CIBIL hard enquiry?
I'm still in shock how and why did they reject my application for the most basic CC available. WTF is wrong with SBI ??
omg
whats your limit? on the existing SBI cards?
SBI don't' have card limit, initially you can get max 3 by applying directly and for more number of cards based on your usages you can get 4 or 5 and more as well by "SBI cards" with offer contacting you directly later kinda thing, but ya more than 3 is possible in SBI if you have good usages of your existing cards
Also they need your existing card limit free inorder to issue new cards, for example if you used all your limit quota in your existing SBI cards they will reject (siting internal policies)
because they need some free limit in your current cards to approve a new card
side note: for SBI SimplySAVE to SBI Pulse conversion (sbi calling it as swapping) they need 40k limit free in your current limit or else they wont (is what i heard from another dimer here)
so for new cards they obviously need more limit free on your current cards
so what is your max limit now ? and what is your free limit now in your existiing cards?
I've abundant credit limit free on both the cards. The only thing I can fear is, applying in non-banking hours maybe for getting application rejected and if that's the case, to hell with Digital India, what's with PSU banks not operating as expected in non-banking hours.
If I may ask..
Why do u even want to have SimplyKlick when u have 2 best SBI CC
Cashback for online purchase.
Ola Card for Bank Discounts.
When did you get your recent SBI card? Are there to many cibil enquiries in the last 6 months?
-aise reject hote rehte hai , dont take them on heart
-u will get nay reason beside "internal assesment" so better not ask for reason
-just apply and apply again
-try alternatively like offline and thru some third party website
-a day will come when they will get frustrated with your application again anad again and there they will offer u pre approve card
My case is extremely different, holding cashback card with 1.65l credit limit. Trying more than year. They rejected more than 3 times. I tried just simply click. No luck. But surprisingly I got email bombed on Dec with 3-4 pdfs as I have applied for Aditya Birla, air Asia, one more card forget. Now they were strictly not allowing anything. Not to know how to get one more with them
if u ever get rejected by any bank for CC, then open up a a/c (doesnt matter zero balance or whatever ) and then apply thru branch
If I may ask..
Why do u even want to have SimplyKlick when u have 2 best SBI CC
Cashback for online purchase.
Ola Card for Bank Discounts.