How long after reducing credit limit will this be reflected on credit file?

[one9]

One and a half months ago, I reduced my Citibank free for life credit limit to the minimum $15,000 and closed a credit card from a different bank (total over $50,000 reduction in my available credit).

I did this as I intend to apply for the St George bank credit card and want to increase my chance of success. However I just requested & received a copy of my credit file and it is still showing the original credit limit for my Citibank card & my other bank card still shows as Open. How long does it take for the new information to be updated on my credit file?

 

[theblank]

Depends on how long each bank takes to pass it on. You can safely assume it will take at least 1 to 2 months.
First the bank actually has to close the facility (not done immedaitely)
then once a month they will transmit the data to the credit bureaus.

 

[cvmceg]

Mine took approx 6 weeks with ANZ black around September this year

 

[DC3]

I got onto Citi close to six months after I closed a credit card as it was still showing on my credit report. Finally fixed in the following month.