Banks tighten credit card limits and block cards due to stricter debt rules

Banks are reducing credit card limits and blocking cards due to stricter debt-to-income ratio criteria. This impacts customers with high debt loads and those who exclusively use the interest-free period. The Central Bank's macroprudential measures require banks to hold more capital for high-cost loans. Banks are also scrutinizing customers who only use the grace period or have inactive cards. This trend, confirmed by financial analysts, is affecting customers of VTB, Pochta Bank, and Renaissance Bank, with limits being reduced or cards blocked unexpectedly.