Huge Limit Decrease by Standard Chartered (User Specific)

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Deal Subedar
nikhil9702

Standard Chartered has decreased my limit more than 90% from 106000 to just 10k, card is 8-9 months old and was not using since last 3 months
avg usage before was 8-10k per month
1) Is anyone who recieved similar mail or msgs?

2) is there any chance of limit increase in future (this is first time i have seen limit decrease using multiple cards since last 5 years with good cibil and usage history)

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Deal Lieutenant Deal Lieutenant
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100k + to 10k wow 

Deal Subedar Deal Subedar
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Only what seems ahead is to close it☹️

Deal Cadet Deal Cadet
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Ask for a reason of such decrease, is there is sudden change in cibil score? or missed payment?

Deal Subedar Deal Subedar
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Nothing as such rather my cibil score improved only this i doubt is not using card for last 2-3 months as i shifted all my spends to other better cards

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Deal Subedar Deal Subedar
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rage
Deal Cadet Deal Cadet
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I never used it properly did not face any issue. Also SC is not on BBPS.

Deal Newbie Deal Newbie
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Mine decreased from 3.92 lakh to 21k limit

Commentator Commentator
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I don't use their card much probably Rs. 100 to keep it active. They didn't reduce limit so far for me

Deal Cadet Deal Cadet
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This is really bad...

Deal Newbie Deal Newbie
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same for me, i called and they said limit will increase after sometime

Deal Subedar Deal Subedar
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I will take long time, when i discussed same they told they have review each 6 months
Deal Cadet Deal Cadet
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@nikhil9702 @devanshdalmia1531 What's the customer care number where we can talk on the limit reduction issue?

Please let me know

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Deal Lieutenant Deal Lieutenant
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Anyone got any answer from the customer care of why this happened to kinda lot of users?

replyuser
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