11-23-2010 01:05 PM
Been getting 3 preapprovals a week from Citi. The most recent for the City Dividend World Mastercard. I have never gotten that one before. Well, I decide to apply (but not for the world Mastercard) and what do you know ......................... APPROVED FOR $1,800.00. My lowest CL to date.
They must be crazy! I will happily be closing this CC as soon as I receive it in the mail. If I can't get a limit above $10k, the CC is worthless to me. I only app'd for the 21-month 0% introductory APR on balance transfers anyway.
11-23-2010 01:08 PM
Does seem kind of silly for your scores and how Citi is supposedly a generous lender. Maybe you had really high utilization or something?
11-23-2010 01:17 PM
LOL. I know. My overall util is not high at all. My total CL is $25k for all my CCs. Trust me, I don't even go near $$2-3k on my util. I think they may be giving me the CL I had with them back in 1997 with my Sears card. Not sure if they were the bank then, but that's the only thing I could think of.
11-23-2010 01:31 PM
Maybe I just do not understand why you feel you are entitled to 10K. You state your total CL's are 25K for "ALL" your CC's. While your scores are very good it is not the only determining factor in having credit issued to you and how much credit is issued to you.
11-23-2010 01:34 PM
Just went to the mailbox and the only items there were two new preapproval offers from .............. guess who? CITI
One offer for the Platinum Select Visa and the other for the Diamond Preferred MC. The Diamond Preferred does have a better offer which I should have applied for, not that it would have mattered though since I believe they were going to give me that CL no matter what.
11-23-2010 01:43 PM
I PREFER a CL $10k or above (never said I was entitled to anything). I know very well what lenders look for. I have learned and played the credit game for some time now. My goal is to get higher CLs, not start from scratch all over again if I do not have to.
11-23-2010 02:01 PM
Too funny! I applied via pre-approval last year for a Platinum Select MC and the limit was $1800. Lowest CL at that time and to this day they haven't budged! I even PC'd it to Diamond Preferred AMEX and they lowered the rate but never raised the limit. It's mainly a PIF card that I use to buy cigars online...stupid Citi, I have a Home Depot card with a 12K limit but this...
11-23-2010 02:13 PM
Yes, too funny. That's the same CC I app'd for and had been getting pre-approvals for a long time now. I didn't want the World MC even though the offer was slightly better (as far as rewards mainly). Now, I see I'm pre-approved for the Diamond Preferred and I'm sure I would not get a higher CL. I'm getting ready to make a few large purchases and thought that the 0% APR for 21 months on balance transfers would give me some time and leisure to pay off. I would use my Travelocity AmEx to make the purchases for the Travelocity credits, then transfer the balances to the Citi CC. Unfortunately, looks like that is not going to happen. Oh well.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.