My SBI simply click unsecured cc approved- should I be happy or worried?

Should I decline my card? Can I request for limt upgrade?

Just accept it and later on you can request for limit increase

Keep the card & use it in a good way for at least 1 year as sbi & icici cards never increase a card limit before 1 year.

How did you know about the limit? From CIBIL Report or Card Delivered ?

Here’s the trick to increase sbi limit.
Purchase for more than credit limit by depositing extra money.
Pay the bills well in time.
You will surely receive limit enhancement offers.

@VimAl_Raj Dude accept it, use wisely as suggested and you can easily get the CL increased
btw, how did you apply ? online or via branch ?

@VimAl_Raj how much u need to spend to get annual fees waived off?

Accept it. Better than nothing(no unsecured CC).
Right now CL upgrade should be left as a task for future.
Use it smartly. Make sure, when all things considered, you aren’t not paying for the card.
For just ₹89.82(499+GST-500 amzn GV), you are getting a tier-2 unsecured card for the first year.
I’ll be happy with that.
More so, given that SBI-Amazon offers for debit card have pretty much dried up these days, it is a great card to have in your arsenal.

At least your card application got approved. Don’t decline just keep using & pay bills on time. You will definitely get credit limit increase offer in future.

My card was issued on basis of account balance without income documents with a very low limit. I spend close to max limit every month ‘but’ prepay the amount before bill generation leaving less than 30% of credit limit before billing date.
Is this right strategy or should I leave a bigger amount (even at the risk of higher credit utilisation effecting CIBIL)?

10k limit for someone employed (w/ Income Documents / ITR) ?
SBI must be joking.. it would’ve made sense if they approved the card w/ 10k limit (which they do in most cases) based on your relationship with the bank or MAB
IMO.. its better to reject and apply the same after a little while (Paying Extra bill may/may not increase your credit limit temporarily .. it all depends on the bank)
If you got all supporting documents, SBI does increase your credit limit easily after about 6 months but there can be no guarantee about it (Considering the COVID pandemic & the consequences). Many banks stopped offering auto-limit enhancement offers since March 2020 (some even started reducing the offered credit limit*)

Its my first ever unsecured cc..But they didn’t make any address verification r office verification.. Just phone call verification.. CIBIL enquiry made twice.. Applied on 15th Dec.. approved on Jan 15th.. exactly one month..

yes, after 6 months at least.

congrats !!
first cc ki khushi alag hi hoti h fir chahe 10k limit ho ya 1lakh

Kudos !

@guest_999 @getready and other dimers.
My sbi cc limit is 55k and i need to order a laptop worth 75k, can i add 20k in advance in my cc and order the same?
Will it work