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Valued Member
Xeoz
Posts: 34
Registered: ‎03-21-2010

Citi Platinum Select Approval

[ Edited ]

I received a Citi Platinum Select MasterCard application invitation in the mail. It didn't say anything about being pre-approved but it had an "Invitation Code". I've got several baddies on my report including collections and some lates (all are due to age off in the next 3-12 months), so as soon as I saw the Citi logo I thought "yeah, right, a prime card with my report".

 

On the other hand, I figured "what's another inquiry at this point", so I pulled the trigger. Instant approval! With a $2,000 credit limit none the less! I got 16.99% APR with 0% for 15 months!

 

This is a huge accomplishment for me, two years ago at this time my score was in the 400s and not even the lowest sub-prime secured cards would take me. Now I am getting a prime card from a prime bank with a 2k limit!

 

Thanks for all the help MyFICO forum! I've learned a lot here and have been watching my credit score grow (slowly) as a result. I now have reached my goal of 2 bank cards and 1 store card. So this is probably the last card I will apply for (at least for a couple years). Now I need to get (and pay off) an installment loan and in a year or two I should be able to look at buying a house.

 

Current Cards:

  • Wells Fargo Secured Visa: $300 limit
  • Chevron Gas Card: $350 limit

My current EQ score is 671, don't know what the other score are right now.


Starting Score (3/21/10): EQ: 646 - TU: 655
Current Score (4/10/12 Lender): EQ: 783 - TU: 779 - EX: 780
Goal Score: Completed


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Regular Contributor
blacklotus
Posts: 235
Registered: ‎02-14-2010

Re: Citi Platinum Select Approval

[ Edited ]

I'd sock-drawer those other cards- why keep spending on them if they never grow with you.

 

Also:  After 6 months check the Citicard website for a link for auto CLI.  My first one after 6 months was auto $1700 increase.

 

BTW:  Congrats I got mine last year I think my scores were like 680-690ish at the time.  I love this card.  I like the way it looks and the high CL's- I used the hell out of it when I got it.:smileyhappy:


TU Fico 736 EQ Fico 730 (December 2012)
Regular Contributor
terren2000
Posts: 150
Registered: ‎11-06-2009

Re: Citi Platinum Select Approval

whats the catch?

 

they gave you a $2000.00 limit, and your other limits are barely $500.00?

 

If I can get them, I defiantely ditch Orchard.

 

My Cards are....

 

Wells Fargo Student Visa - $700 CL (just got last week)

Orchard - $300

Macys - $500

Walmart - $425

Dell - $2000

 

I want one more major credit card to replace Orchard.  Orchard will never grown, and it pointless to have.

 

Ill try and apply maybe in August for my birthday.

 

WHat is your income like.  Im sure it might have played a large part, mine if pretty low being im a student.

Equifax - 789 Experian - 747 (Fako) Transunion - 715


Starting Score: 620
Current Score: 789
Goal Score: 800


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Valued Member
Xeoz
Posts: 34
Registered: ‎03-21-2010

Re: Citi Platinum Select Approval

No catch as far as I have seen. It's a good card with a good rate and no annual fee. Honestly, I don't know why they approved me with such a mediocre report, but I am grateful, this will be a card that I will probably keep forever.

 

My annual income is $37k.


Starting Score (3/21/10): EQ: 646 - TU: 655
Current Score (4/10/12 Lender): EQ: 783 - TU: 779 - EX: 780
Goal Score: Completed


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Regular Contributor
terren2000
Posts: 150
Registered: ‎11-06-2009

Re: Citi Platinum Select Approval

^^^

 

cool ill try and get one too.  My income is similar.

 

thanks.

Equifax - 789 Experian - 747 (Fako) Transunion - 715


Starting Score: 620
Current Score: 789
Goal Score: 800


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Frequent Contributor
elaine829
Posts: 266
Registered: ‎10-09-2007

Re: Citi Platinum Select Approval

[ Edited ]

CONGRATULATIONS!! I just got approved too but only got a 1,000 dollar credit limit. My Equifax score is 673 but utilization is high.Are you going to do a balance transfer? If so how much?

Valued Contributor
ngerasimatos
Posts: 1,278
Registered: ‎06-01-2007

Re: Citi Platinum Select Approval

Congrats!

Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

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Valued Member
Xeoz
Posts: 34
Registered: ‎03-21-2010

Re: Citi Platinum Select Approval

 


elaine829 wrote:

Are you going to do a balance transfer? If so how much?


I don't have any balances to transfer. :smileytongue: I've managed to live on the cash system for 8 years, and my current cards are so small that I always just pay them off every 2 weeks when I get a pay check.

 


Starting Score (3/21/10): EQ: 646 - TU: 655
Current Score (4/10/12 Lender): EQ: 783 - TU: 779 - EX: 780
Goal Score: Completed


Take the FICO Fitness Challenge
Valued Member
joy1979
Posts: 44
Registered: ‎05-09-2008

t the Re: Citi Platinum Select Approval

Congrats!

 

I think I'll try for this card at the end of the year. Hopefully by then my credit scores be around 700.


Starting Score: 620 (2009)
Current Score: EQ 706 TU 732
Goal Score: 750


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