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Frequent Contributor
Posts: 298
Registered: ‎08-28-2012
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Available Credit Line?

How does the available credit line work?  It's just the Credit Line minus balance + pending charges right?  My Citi card's available credit line is not reflecting the fact that I paid off my last statement balance in full (statement was on 10/10/12, balance paid in full on 10/11/12, posted to my account 10/12/12).  It's been five credit line is $3300, but my available credit line is only $1388.14 but my total BALANCE is only $407.88 (posted and pending charges added together), and the remaning difference, $1503.98 was exactly my last statement balance but I already paid that and my account says I paid it too so where's $1503.98 of my credit?  Do I have to wait until the NEXT statement closes to get the credit reflected on my available credit line?  I tried to talk to Citi but of course they just told me to call back another time...



AMEX BCE, Discover IT, Citi Forward, BoA Travel Rewards, Barclaycard Cash Forward
Established Contributor
Posts: 731
Registered: ‎02-15-2012
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Re: Available Credit Line?

Usually your available credit will free up when the payment posts.  It sounds to me like Citi put a hold on your available credit to make sure that payment completely clears your bank, I would expect it to last around 7-10 days, if a CSR won't go ahead and remove the hold.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday

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