SBI Simply click overlimit

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lets suppose you have 80k limit, you transfered 20k to credit card,
Can you use this 1 lakh in one go, while originally credit limit is 80k only

21 Comments  |  
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Any dimer tried this without incurring any charges?

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Dastro wrote:

Any dimer tried this without incurring any charges?

i tried a
with my axis cc.

no charges.

can’t be sure about sbi

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It is chargeable but you can transcat it will be successful if 10-20% extra of Ur limit
My limit is 30k and I have done 32k spend on single day without extra charges

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With some limitations like small amount you can’t do transaction 20k more than limit you can try it will decline.

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Smiling wrote:

With some limitations like small amount you can’t do transaction 20k more than limit you can try it will decline.

what is Overlimit Fee?

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Same I want to know about ICICI APay Card.

My limit is over. Now if I want, Can I pay say 10k, to my card nd do transaction worth 10k?

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Dastro wrote:

what is Overlimit Fee?

Better buy some gift voucher if you are using flipkart or amazon or any other online website And reduce the amount

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Sins1995 wrote:

Same I want to know about ICICI APay Card.

My limit is over. Now if I want, Can I pay say 10k, to my card nd do transaction worth 10k?

Yes u can, if u pay 10k automatically balance will show as 10k then u can use that amount

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Sins1995 wrote:

Same I want to know about ICICI APay Card.

My limit is over. Now if I want, Can I pay say 10k, to my card nd do transaction worth 10k?

OP’s question is different. He is asking if he can “pay” the credit call bill in advance and utilise the extended limit in single txn which is beyond his card limit.

For your query, you can pay your cc outstandings any time and your limits will be restored for you to make new expenses one the amount gets credited to you card account. It may take 1-2 days though. Limit will be restored based on amount you prepay.

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indiansoul wrote:

OP’s question is different. He is asking if he can “pay” the credit call bill in advance and utilise the extended limit in single txn which is beyond his card limit.

For your query, you can pay your cc outstandings any time and your limits will be restored for you to make new expenses one the amount gets credited to you card account. It may take 1-2 days though. Limit will be restored based on amount you prepay.

Thanks for clarifying..

Also, suppose if my card limit is 70k and none of it is used. Now I wanna make a purchase of 90k.

Can I pay 20k to my card and use it for 90k purchase?? Any overlimit charges and other charges for this?

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Dastro wrote:

Any dimer tried this without incurring any charges?

Very much possible without any overlimit charge in my opinion. Though never tried it.
If you pay the 20k over , the app, website would automatically show increased limit. You can check.

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Sins1995 wrote:

Thanks for clarifying..

Also, suppose if my card limit is 70k and none of it is used. Now I wanna make a purchase of 90k.

Can I pay 20k to my card and use it for 90k purchase?? Any overlimit charges and other charges for this?

Transcation will fail

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I had tried this several times on an ICICI card back in 2013. Limit was too low . Used to Pay upfront, increased the limit and make purchases. There were no charges. Don’t know what’s the scene now

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@Dastro you can do it provided 80k limit is completely un-utilized and that advance payment reflects in SBI system.

Available credit limit on SBI website should show 1 lac in this case.

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makeourdeal wrote:

@Dastro you can do it provided 80k limit is completely un-utilized and that advance payment reflects in SBI system.

Available credit limit on SBI website should show 1 lac in this case.

👍
I also think so, but if anyone tried and tested this method would be better.
As cc on call told me that you can use only 80k after that extra 20k will be adjusted to your outstanding and you won’t be able to spend 1 lakh in one go.

I have read on dd something like this works well that’s why posted to confirm if any dimer tried with sbi credit card.

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Try Adding a small amount to your account to check if it gets added to credit limit or not

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Sins1995 wrote:

Thanks for clarifying..

Also, suppose if my card limit is 70k and none of it is used. Now I wanna make a purchase of 90k.

Can I pay 20k to my card and use it for 90k purchase?? Any overlimit charges and other charges for this?

Sorry, I can’t say for sure as I have not tried myself. I see that @kirandr221996 has already mentioned that it will fail. I am inclined to agree with him because i believe he would have tried it given his low cc limit and high expenses per month.

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indiansoul wrote:

OP’s question is different. He is asking if he can “pay” the credit call bill in advance and utilise the extended limit in single txn which is beyond his card limit.

For your query, you can pay your cc outstandings any time and your limits will be restored for you to make new expenses one the amount gets credited to you card account. It may take 1-2 days though. Limit will be restored based on amount you prepay.

you can do imps

it will reflect immediately

tried and tested.

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Available limit will never show above 80k.
It would show -20k meaning u have 20k excess
And in one day u can spend only 80k max credit limit
After 24hrs usually 1.30-2.00 am Ur limit will be adjusted.
If u have made 20k excess payment. It will show availabile limit as 20k and u can do transcation of 20k.

Overdue is generally some 2k above credit limit and it will charge some 450rs for using overlimit

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rogerthat wrote:

you can do imps

it will reflect immediately

tried and tested.

Thanks but I prefer Cred..

Cred sometimes uses IMPS and I get confirmation within few minutes for payment but it does not reflect in credit card statement until next day..

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Dastro wrote:

👍
I also think so, but if anyone tried and tested this method would be better.
As cc on call told me that you can use only 80k after that extra 20k will be adjusted to your outstanding and you won’t be able to spend 1 lakh in one go.

I have read on dd something like this works well that’s why posted to confirm if any dimer tried with sbi credit card.

it had happened with me 2-3 months back. By mistake, i crossed my limit. I thought transaction would fail, but it got successful.
Immediately i paid the amount via sbicard website. The payment got reflected immediately. I was not charged anything in my billing statement.

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