SBI holding multiple credit cards
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Hi, I recently applied and got a SBI Paytm credit card. But i already own a BPCL credit card with above 1L. I received paytm card with limit of 10k and deducted from my primary to put into this to paytm. Anyone know why ? Or no way to have its own limit ? Im not understanding this.
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That’s how SBI Card works. It will split your original cards limit into the new card. So let’s say your 1st one was 1L and now you apply for a 2nd card, then 1L will be split into two, say 90K and 10K and assigned accordingly. This is how they do it in general. However the split ratio (like 90:10 as in this example) can be sometimes negotiated via mail/cc.