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Community Leader
Senior Contributor
laz98
Posts: 4,291
Registered: ‎09-06-2008

Re: CITI CD WITH SECURED CREDIT


casinoannie97 wrote:

 

I don't know if you can add on.  check out the site.  But the interest is great opposed to getting nothing from most secured cards.

 


i did check it out.  i couldn't find anything pertaining to that.  was wondering if someone had asked or found out.

Latest scores: Walmart TU: 766. MyFICO TU: ---. DCU EQ: 741. PSECU EX: 756.
Established Contributor
YoungEntrepeneur
Posts: 586
Registered: ‎03-03-2009

Re: CITI CD WITH SECURED CREDIT

I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.
Senior Contributor
O6
Posts: 3,626
Registered: ‎10-13-2009

Re: CITI CD WITH SECURED CREDIT


YoungEntrepeneur wrote:
I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.

 

Does Citi secured graduate to unsecured after a year or so?
IAALBNYL
Frequent Contributor
JMN
Posts: 321
Registered: ‎10-25-2009

Re: CITI CD WITH SECURED CREDIT


O6 wrote:

YoungEntrepeneur wrote:
I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.

 

Does Citi secured graduate to unsecured after a year or so?
Their website states that it may become unsecured at 18 months. Of course, that all depends on how much they like you.
:smileywink: 

 

Despite my employment in the banking industry, any and all views contained in this post are purely my own, and do not represent any financial institution, nor constitute as financial or investment guidance or advise.
Established Contributor
YoungEntrepeneur
Posts: 586
Registered: ‎03-03-2009

Re: CITI CD WITH SECURED CREDIT

My Citi Secured Card is set to unsecure next week. I received a letter from Citi two weeks ago stating that they are going to refund my deposit of $200 and grant an initial CL of $400.
Established Contributor
YoungEntrepeneur
Posts: 586
Registered: ‎03-03-2009

Re: CITI CD WITH SECURED CREDIT


O6 wrote:

YoungEntrepeneur wrote:
I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.

 

Does Citi secured graduate to unsecured after a year or so?

No, after 18 months.

Established Contributor
Andy77
Posts: 562
Registered: ‎10-02-2007

Re: CITI CD WITH SECURED CREDIT

Young -

 

Congrats on your CL of 400.00

 

If I may ask..over the 18 months did you pif each month?

How much was the most you charged in a month?

 

Thanks 

Community Leader
Senior Contributor
laz98
Posts: 4,291
Registered: ‎09-06-2008

Re: CITI CD WITH SECURED CREDIT


YoungEntrepeneur wrote:
I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.

well boooooooo.  i thought maybe i could just start with 500 & add to it every month, so it's not such a big chunk all at once.  but i guess i will just wait.

Latest scores: Walmart TU: 766. MyFICO TU: ---. DCU EQ: 741. PSECU EX: 756.
New Member
jdw00ds
Posts: 4
Registered: ‎02-26-2010

Re: CITI CD WITH SECURED CREDIT

[ Edited ]

 

Does anybody know how this card reports? Does it report as secured on the CR?

Also, is this hard to obtain? I plan to do this with Citi... I have a 644... thoughts?

 

***Edit - Does the CITI CD SECURED card report to CRA's?***

Message Edited by jdw00ds on 02-26-2010 12:12 PM
Established Contributor
YoungEntrepeneur
Posts: 586
Registered: ‎03-03-2009

Re: CITI CD WITH SECURED CREDIT


laz98 wrote:

YoungEntrepeneur wrote:
I have the Citi Secured Card and I tried adding money to the CD about a year ago and they didn't allow it.

well boooooooo.  i thought maybe i could just start with 500 & add to it every month, so it's not such a big chunk all at once.  but i guess i will just wait.


That's what my plan was but it backfired.


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