Karur Vysya bank CC

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Karur Vysya bank is offering me the credit card. It is cobranded banking partnership card with SBI.

I already hold sbi simplyclick credit card and FBB SBI card as cobranded card.

Now my doubt is will my FBB card will get cancelled if I accept Karur Vysya CC? Because I heard we can only have 1 SBI card and 1 cobranded card. The agent is telling nothing will happen.

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