Credit Card Center Advertiser Disclosure†
09-06-2011 05:39 PM
Hi. I'm new to these boards, but there is a ton of useful info here. I've had my Citi Diamond Card for 4 months now; the CL is $4000, and the balance is up to $3800. The balance is so high b/c we've had issues w/our central air this summer, & I have put multiple payments on this card. I pay between $350-$400/month. So I logged in to my account, and on the home page, in the lower right corner (in blue....like a link I think), is 'request a credit line increase.'
I can't recall seeing that there in the 1st 3 months. I don't know if they 'recognize' how I'm using the card (one major purchase, really) and are offering a CLI b/c of this. I would just click the link, but I don't need/want a hard pull (attempting to garden), although if it was a soft pull, I would pull the trigger. I was wondering if anyone else had an experience like this......thanks.
(I really thought that any CLI from Citi would have to wait at least 6 months from what I've gathered from others on the boards.)
09-06-2011 06:02 PM
If you pull the trigger before 6 months, it will decline you and the letter you receive will say it's because you didn't wait 6 months. And they won't do a hard pull. Now after 6 months, a hard pull COULD happen but it hasn't happened for me.
09-06-2011 06:42 PM
I pulled the trigger at about 4 months on my Citi Plat. Select MC. Denied. Had to wait 6 months. No hard pull. At about 7 months, I requested again, Instant approval. No hard pull. Same again at about 9 months.
09-06-2011 09:39 PM
Generally, I call the number on the back of my card and ask the representative if they can see a CLI approval on their monitor with NO hard pull. The CSR will ask about income and CLI amount requested and then either say it's approved with only a soft pull or make a counter offer for a lower amount. I am always certain to tell them NO HARD PULL and have received CLIs with only softs.
I have to give credit to reading this advice here. Unfortunately, I don't recall the OP but it was great advice!
BTW, freezing your reports will not prevent a current creditor from a hard pull.
09-06-2011 10:06 PM
Also, when 6 months does come around, it definitely wouldn't hurt to get your util down before the CLI request.
09-07-2011 12:20 PM
I have Citi Platinum Select World MC. Last month I emailed them about CLI from 6300 to 10000 and got a reply back to call them on some number with instant increase to 8100. I called that number and was told that to get tha increase I need to have a hard pull but since i denied for a hard pul they did not give me a CLI.