Re: Citi's been checking my credit is this normal?

Anonymous · ‎07-20-2016

It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.

Anonymous · ‎07-20-2016

Seems normal enough to me. They're just checking up making sure you haven't gone round the bend.

CreditMagic7 · ‎07-20-2016

@Anonymous wrote:
It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.

YES!

Most if not all prime lenders WILL do an AR. It's common practice.

Anonymous · ‎07-20-2016

Thanks..... I didn't no what that meant.

Closingracer99 · ‎07-21-2016

@CreditMagic7 wrote:
@Anonymous wrote:
It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.
YES!
Most if not all prime lenders WILL do an AR. It's common practice.

I wouldn't call it "common" lol. Wouldn't call it rare but wouldnt say they do it so liberally lol.

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740

Closingracer99 · ‎07-21-2016

Citi offers a free FICO score which could also be why you have a lot of SP's? Do thye SP for that score? I would think so.

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740

Anonymous · ‎07-21-2016

@Closingracer99 wrote:
@CreditMagic7 wrote:
@Anonymous wrote:
It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.
YES!
Most if not all prime lenders WILL do an AR. It's common practice.
I wouldn't call it "common" lol. Wouldn't call it rare but wouldnt say they do it so liberally lol.

It's more than common. Most prime lenders do AR's monthly.

takeshi74 · ‎07-21-2016

It's normal for any creditor to routinely SP you. Your credit profile always matters and activity with your other accounts can have an impact.

Anonymous · ‎07-21-2016

@CreditMagic7 wrote:
@Anonymous wrote:
It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.
YES!
Most if not all prime lenders WILL do an AR. It's common practice.

+1

Closingracer99 · ‎07-21-2016

@Anonymous wrote:
@Closingracer99 wrote:
@CreditMagic7 wrote:
@Anonymous wrote:
It seems like Citi has been reviewing my credit. I took advantage of a balance transfer on the 18th and checked my Equifax report and seen Citi did an AR on the 18th. Is this a normal procedure when you take advantage of a balance transfer? I noticed the funds have been transferred as of today.
YES!
Most if not all prime lenders WILL do an AR. It's common practice.
I wouldn't call it "common" lol. Wouldn't call it rare but wouldnt say they do it so liberally lol.
It's more than common. Most prime lenders do AR's monthly.

I have 3 from chase over the past 2 years, 2 from Amex and 2 from citi..... I wouldn't call it "common" but wouldn't go uncommon either.....

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740

Citi's been checking my credit is this normal?

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Citi's been checking my credit is this normal?