InvestorQ : I have just taken a new credit card and the bank has given me details about my credit and cash limit. These details will remain constant right?
Deepali Khupte made post

I have just taken a new credit card and the bank has given me details about my credit and cash limit. These details will remain constant right?

Answer
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3 years ago
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No. Banks can change the limits provided to you whenever or however they deem fit.

They have all the right to lower or increase your credit and cash limits. Thus, it is advised that you keep yourself informed about your credit card’s credit and cash limit.

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