I am having two cards of axis with combined limit of 7 lac if i cancell magnus will the limit be downgraded for other card or the same limit will remain intact as am having other card of axis with combined limit of 7 lac only magnus will be cancelled.
no limit downgrade, unless you don't use it, plus this limit you got because of a higher variant card in case you submitted itr or salary proof and got this card then no downgrade of limit.