02-14-2009 07:37 AM
My wife applied last week for a Hilton HHonors Signature Visa, and was surprised to learn via email today that she was declined. Her FICO scores are in the low-mid 700s, and she's had consistent credit reporting since she was 18 (she's 24 now). She has a variety of different accounts, and no credit card balances - but she uses her cards regularly.
In their rejection e-mail, Citi claimed that "The consumer reporting agency serving your area has reported only a limited credit history for you." However, I was under the impression that 5-6 years of credit reporting would be more than adequate to receive a card like this. My wife has never been rejected for an account before, and so she's a little disappointed.
Is this typical for Citi? Should we contact them and make an issue out of this? Or am I wrong; was this a legitimate decline?
02-14-2009 07:54 AM
02-14-2009 07:59 AM
I would recon this one.... I was approved with 663 eq and 1 --3yr old collection...I applied for the CITI HH Platinum b/c if you didn't get the platinum you would be considered for the Gold...I ended up with the Gold CITI Hilton Honors with 5000cl....my AAoA is 3 years....this was in November 08
02-15-2009 09:19 AM
02-15-2009 02:51 PM
I never noticed the income part.
To receive a Signature card, you must have an annual income of at least $35000, and you must meet our applicable criteria bearing on creditworthiness for the Signature card. Otherwise, you may receive a Gold card, provided you meet our applicable criteria bearing on creditworthiness for the Gold card. The Gold card does not have as many benefits as the Signature card. Your credit line (Gold card) or revolving credit line (Signature card) will be determined by your yearly income and a review of your credit report. You will be informed of the amount of your credit line (Gold card) or revolving credit line (Signature card) when you receive your credit card. Some lines may be as low as $500. Please note that cash advances may be limited to a portion of your credit line (Gold card) or revolving credit line (Signature card).
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