topic Re: Citi DC - Approved in Credit Card Approvals

Citi DC - Approved

Anonymous — Sat, 09 Jun 2018 17:57:06 GMT

This is my first application ever that resulted in app remorse. I can't really justify this card because I already have the PayPal 2% MC (and I prefer that cards reward structure). The brightside is I've figured out that I need to chill out for a while and get back to my well thought out, strategic apps. Some travel cards are getting cut this year so cashback cards will fill the gap. It had a bonus $100 for $500 in spend.

I almost didn't report this card here because I'm a bit embarrased about impulsively applying but I live for data points (and find its useful to others) so here it goes:

Cold App - No preapproval

Instant Approval - $7000 (Hopefully, there's some SP love in my future.) Not sure of APR yet.

Experian Only Pull - FICO 8 - 749

Experian Inquiries - 14

2 - Last 3 Months (There's currently a pending TD Bank app out now.)

5 - Last 6 Months

Average Age of Accounts - 7y 4m

Age of Oldest Account - 14y 2m

Accounts Last 6 Months - 6

Cap 1 Venture - Dec

Macys - January

PayPal 2% - Januarry

Amex PRG - April

BoA Alaskan - May

Navy Platinum - May

Accounts Last 12 Months - 12 (3 just aged to 1yr 1mo)

Accounts Last 24 Months - 15 Reporting

That was cathartic. Off to not apply for a while though I still can't find the entrance to the garden. I feel like its hidden for me like the entrance to Wakanda.

Re: Citi DC - Approved

Anonymous — Sat, 09 Jun 2018 17:43:10 GMT

Congrats? Well at least there's the SUB and a decent SL!

Re: Citi DC - Approved

Anonymous — Sat, 09 Jun 2018 18:54:09 GMT

Congrats on approval

Re: Citi DC - Approved

SouthJamaica — Sat, 09 Jun 2018 19:41:10 GMT

@Anonymous wrote:
This is my first application ever that resulted in app remorse. I can't really justify this card because I already have the PayPal 2% MC (and I prefer that cards reward structure). The brightside is I've figured out that I need to chill out for a while and get back to my well thought out, strategic apps. Some travel cards are getting cut this year so cashback cards will fill the gap. It had a bonus $100 for $500 in spend.

I almost didn't report this card here because I'm a bit embarrased about impulsively applying but I live for data points (and find its useful to others) so here it goes:

Cold App - No preapproval
Instant Approval - $7000 (Hopefully, there's some SP love in my future.) Not sure of APR yet.

Experian Only Pull - FICO 8 - 749

Experian Inquiries - 14
2 - Last 3 Months (There's currently a pending TD Bank app out now.)
5 - Last 6 Months

Average Age of Accounts - 7y 4m
Age of Oldest Account - 14y 2m

Accounts Last 6 Months - 6
Cap 1 Venture - Dec
Macys - January
PayPal 2% - Januarry
Amex PRG - April
BoA Alaskan - May
Navy Platinum - May

Accounts Last 12 Months - 12 (3 just aged to 1yr 1mo)
Accounts Last 24 Months - 15 Reporting

That was cathartic. Off to not apply for a while though I still can't find the entrance to the garden. I feel like its hidden for me like the entrance to Wakanda.

7k is a decent SL for that card. When I got the DC I was approved for 2k, and stuck at that level for several years.

Re: Citi DC - Approved

Gmood1 — Sat, 09 Jun 2018 19:51:22 GMT

Yeah..uhhh.. I'm still trying to figure out what you are embarrassed about? lol

Congrats on the very nice SL. The Citi does have some nice perks even though they're being nerfed a little. Sure you have another 2% CB card, but they aren't from the same lender. These lenders from time to time will send you offers. That's where having a different lender backed card can be beneficial. Just because the rewards are similar, doesn't mean they do everything the same.

My limit started at $3000 and stayed that way for a year.

It's been 3 yrs and I still haven't found that darn garden.😂

Re: Citi DC - Approved

avp99 — Sat, 09 Jun 2018 19:54:32 GMT

Congrats on your approval! Nice SL

Re: Citi DC - Approved

Anonymous — Sat, 09 Jun 2018 20:00:57 GMT

@Gmood1 wrote:
Yeah..uhhh.. I'm still trying to figure out what you are embarrassed about? lol
Congrats on the very nice SL. The Citi does have some nice perks even though they're being nerfed a little. Sure you have another 2% CB card, but they aren't from the same lender. These lenders from time to time will send you offers. That's where having a different lender backed card can be beneficial. Just because the rewards are similar, doesn't mean they do everything the same.
My limit started at $3000 and stayed that way for a year.
It's been 3 yrs and I still haven't found that darn garden.😂

The embarrassment was from app remorse and this card not being part of my app strategy for a while. Essentially, I jumped the gun and I’m normally pretty regimented in my approach. Also, after reading my post I just determined I’m a bit dramatic too. Lol.

But hey, you made me feel better. Diversification of my card portfolio and potential future offers is a solid explanation. I’m running 🏃 with that.

Thanks 🙏!

Re: Citi DC - Approved

AverageJoesCredit — Sat, 09 Jun 2018 23:55:36 GMT

Uhm, I'll take a 7k app remorse over my stagnant DC anyday of the week , twice on Sundays.

Appers Remorse was the bomb. I love that track, sounds even better on CD

Re: Citi DC - Approved

Anonymous — Sun, 10 Jun 2018 03:07:00 GMT

Thanks @AJC.

Re: Citi DC - Approved

Anonymous — Sun, 10 Jun 2018 04:47:32 GMT

Congrats on the DC and nice SL. I have that one on my list for a someday, so the DP's help

Re: Citi DC - Approved

BronzeTrader — Sun, 10 Jun 2018 14:23:48 GMT

Nice!