IndusInd Legend limit problem
- 994
- 8
-
- Last Comment
Had applied for IndusInd Legend on the condition that I would get >8L limit. Agent from bank confirmed it will be done. Got the card today with a joke of a limit of 1.75L. Want to surrender the card but would like to know the suggestion of dimers.
- Sort By
8L bol ke 1.75L hahahaha... any written confirmation from that agent via official channels? I would guess not, so better surrender. Retention team will ask for reason, simply say bank did not adhere to promised limit, so cheating and misselling.
Chances are they'll not write any proper reason at their end what you say, so make sure you send a short email for cancellation. Also, I don't think they're going to increase your limit anyhow, especially from 1.75 to 8L, so cancelling is the only option. But remember, if you finally decide to cancel, do as early as possible so as to avoid any risk of charges slapped by the bank.
Btw, was 8L for any particular reason?
Yes. Wanted to increase my limit as much as possible from my existing 5.5L limit. While applying I told him Legend is a stupid card and I won’t use it anyway. But he promised that he would provide a whopping 8L limit. So I agreed to apply only under the influence of this.
Another reason was that I want to anchor my 5.5L limit on a LTF card as I am planning to close my Magnus. And I thought Legend might just be the one.
If u have a suggestion on a LTF card to anchor my limit on, plz do let me know.
Update: Raised request for card closure. Retention team will call soon
Kuchh nahi ho sakta.
Please note that limit is very important incase of Indusind because you will earn the rewards upto your limit only. If you wish to pay the card and use again in same billing cycle, you wont earn rewards for excess amount spent beyond your limit.
So if you think, this limit wont suffice your spending, better to surrender and apply again after 6 month through RM
I too had limit issues, tried for years but no luck. Then I closed the card and re-applied through RM after a year and got limit in 7 digits.