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.)
Someone else with more insight can chime in but have you considered freezing your reports? AFAIK that's one way to make sure no hard inquiry is done.
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.
Thanks--I felt that was the case (so I'll be conservative and wait). I may have just noticed the message, but it may have been there all along.
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.
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.
Also, when 6 months does come around, it definitely wouldn't hurt to get your util down before the CLI request.
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.