The Bajaj Finserv DBS Bank SuperCard is a unique offering from the DBS Bank in partnership with Bajaj Finserv. It offers a host of features and has some of the best perks for customers. With it, you enjoy the benefit of a generous card limit, based on your profile.
The DBS credit card limit is assigned based on factors such as your annual income, age, credit utilisation ratio, etc. Simply put, the DBS credit limit is the maximum amount you can utilise using the Bajaj Finserv DBS Bank SuperCard.
While the issuer decides the limit when you apply for a new card, there is a possibility of enhancing the limit later on. Read on to know more about how to change the DBS credit card limit and various factors affecting it.
Here is a list of mandatory documents required for getting quick approval on your DBS credit card limit.
Latest copies of computerised salary slips
Company letter certifying your annual income and employment if you are a professional employed overseas
Latest copies of Income Tax Returns from the past two years in case of self-employed individuals
To change the DBS credit card limit, you need to follow a few simple steps. All you have to do is install the DBS Card+ Mobile app on your phone and follow the steps mentioned below to increase the DBS card limit.
Step 1: Log in to the app using your Customer ID and PIN
Step 2: Tap the ‘Manage Card’ option under the Card tab
Step 3: Select the option ‘Increase Credit Limit’
Step 4: Choose the option to increase your credit limit instantly or upload your income proof to proceed with the application
With these easy and simple ways to increase the DBS credit limit, make the most out of your Bajaj Finserv DBS Bank SuperCard. For more details on how to get the card, check out the Bajaj Markets platform today!
Here are the benefits of increasing the DBS card limit:
Lowers your credit utilisation ratio
Helps boost the credit score due to minimal credit utilisation
Makes it easier to avail credit facilities
Helps manage during unexpected financial emergencies
To change the DBS credit card limit, you must send an email to the bank at supercardcare@dbs.com. Alternatively, you may upload supporting documents on the mobile application to increase your credit limit. You can also contact the customer care team at the toll-free number 1860 267 6789.
Yes, there is a penalty of ₹600 you have to pay when you exceed the utilisation limit.
You have to pay an overdue penalty of 15% of the total due amount. This amount is charged at a minimum of ₹50 and a maximum of ₹1,500.