Hot Deal ICICI credit card limit decreased

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Deal Cadet
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Hello,
Lately has anyone noticed a drastic decrease of credit card limit in ICICI Amazon pay credit card.
They have reduced 85% of limit on my card without any intimation.

52 Comments  |  
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Deal Subedar
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GamesBond wrote:

Hello,
Lately has anyone noticed a drastic decrease of credit card limit in ICICI Amazon pay credit card.
They have reduced 85% of limit on my card without any intimation.

thats a new thing to hear.
did you check with cc about this? what did they say?

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Deal Subedar
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Will they decrease the limit?? First time i heard. Any recenct changes in your income?

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Deal Major
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85%
That’s huge
Wonder if you are still a student n got Apay card with just Identification n address proofs?

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Deal Subedar
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B4 they do i already did that, Got Unwanted 1.27 Lk Limit, Reduced spend limit to 50k.

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Deal Subedar
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My friend too got his limit decreased in ICICI Apay card a few days back

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Deal Cadet
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dev007 wrote:

thats a new thing to hear.
did you check with cc about this? what did they say?

Yet to check with the bank tomorrow.

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Deal Cadet
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dlhntr wrote:

Will they decrease the limit?? First time i heard. Any recenct changes in your income?

Yes, happened first time to me. Income is increasing only.

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Deal Cadet
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getready wrote:

85%
That’s huge
Wonder if you are still a student n got Apay card with just Identification n address proofs?

Loll. No student can get an credit card. I was a student 5 years ago.

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Deal Major
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GamesBond wrote:

Loll. No student can get an credit card. I was a student 5 years ago.

Wrong
ICICI issued Apay Cards initially even for students with just PAN and Aadhaar (You can find related posts/threads here in D&D). Then after a week or two they got strict with documentation
Officially…you can maintain some 50k/100k balance in your accounts for a while and they (SBI/ICICI) will offer LTF credit cards or You can do an FD and get CC with about 85% limit, if it is ICICI you may even get Apay Card based on it

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Deal Cadet
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Limit decreasing upto a useful amount is really a good thing to do.
I wanted that, but bank ppl plummeted deep.
I was helping a fellow dimer to do a txn and bam!! got a message saying insufficient limit.
Crazzy ppl man!!!

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Deal Cadet
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I just observed the pattern.
In Nov statement they have reduced to 85%.
In Oct statement they have reduced to 70%.
Before Oct , 0% deduction in available limit.
This one of the wierdest things happened to me with credit cards.

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Deal Subedar
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GamesBond wrote:

I just observed the pattern.
In Nov statement they have reduced to 85%.
In Oct statement they have reduced to 70%.
Before Oct , 0% deduction in available limit.
This one of the wierdest things happened to me with credit cards.

Is it a stand-alone card or a shared card?

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Deal Subedar
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For me they alloted 44k only ( min among all my card ), ab isse kam kya karenge

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Deal Subedar
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titamazon wrote:

For me they alloted 44k only ( min among all my card ), ab isse kam kya karenge

My friend has 20k limit

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Pro Entertainer
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GamesBond wrote:

I just observed the pattern.
In Nov statement they have reduced to 85%.
In Oct statement they have reduced to 70%.
Before Oct , 0% deduction in available limit.
This one of the wierdest things happened to me with credit cards.

First it was called Amazon Pay
Then it became APay
see the reduction

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Deal Subedar
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Initially I got limit of 103000(same of other ICICI CC) and within 2 months they increased limit to 310000.

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Pro Entertainer
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GamesBond wrote:

Loll. No student can get an credit card. I was a student 5 years ago.

wink
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Deal Cadet
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GamesBond wrote:

I just observed the pattern.
In Nov statement they have reduced to 85%.
In Oct statement they have reduced to 70%.
Before Oct , 0% deduction in available limit.
This one of the wierdest things happened to me with credit cards.

Check your cibil score. It must have gone down below 750.
Other cards limit also get effected/reduced if it is related to cibil score.
Please post here your cibil score,if you are ok with it.

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Deal Cadet
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It’s possible for limit to be reduced for any card, depending on the credit worthiness of the customer and as per bank’s strategy! This applies to any bank/card.

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titamazon wrote:

Aisa bhi credit card hota hai sad

My simplyclick card have 10k limit only. And ICICI rubyx have 2.15L….. SBI card is 4 months old.

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Deal Cadet
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titamazon wrote:

Baba kabhi bill bhi check kar liya karo

Not getting it’s statement regularly for last 2-3 months .. no_mouth  email statement.. shd come on 19-20th.. nowadays it’s delayed n i just miss it..  just see the SMS

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Deal Major
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santosh_blr wrote:

Not getting it’s statement regularly for last 2-3 months .. no_mouth  email statement.. shd come on 19-20th.. nowadays it’s delayed n i just miss it..  just see the SMS

No iMobile?

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