topic Re: Citi Retail Credit Cards Nightmare in Credit Card Applications

Citi Retail Credit Cards Nightmare

sailingnomore — Fri, 23 Oct 2020 00:26:35 GMT

Happy Thursday Everyone!!!

6 months ago I went on an app spree with Citi Retail and was approved for a Shell MasterCard (1k) , Brooks Brothers Mastercard (1.5k)& L.L Bean Mastercard (4.7k)

I requested CLI's on all accounts and was denied due to insufficient history on each account + 3 hard pulls (EQ) only , strangely enough , Experian was the only one pulled for approval for all 3.

Does anyone have success with Citi Retail Cards & CLI's? I only see posts about citi top (branded) cards double cash , diamond etc...

I'm scared that I might have to cancel one or two of them .. who wants a hard pull for a CLI's ?

TU- 730 , EX- 735 , EQ- 700

Re: Citi Retail Credit Cards Nightmare

wasCB14 — Fri, 23 Oct 2020 00:50:11 GMT

I had the Brooks Brothers store card from 2014 to 2017. I applied when it was issued by GE/Synchrony and got my only CLI was an automatic one after 2 or 3 months (during the GE servicing).

$1,260 to $1,560. Kind of ridiculous given the cost of a suit as well as my credit profile. I'd had a $6,000 Amex BCE for three months and two months after that $1,260 approval I got a $7,500 CSP.

I ended up closing the account. If you're on the mailing list, the additional savings from the card are quite small. Maybe the card will be more useful as they reorganize in BK. There's also the corporate discount some employers offer.

But no automatic CLIs for me in the two years I had the card under Citi despite using it maybe 3 or 4 times a year and PIF.

Re: Citi Retail Credit Cards Nightmare

blindambition — Fri, 23 Oct 2020 00:51:10 GMT

City Retail cards can and do have HP CLI. Depends on the CO-branded retailer.

A search will give DP on all that do HP. Which is most.

Re: Citi Retail Credit Cards Nightmare

sailingnomore — Fri, 23 Oct 2020 00:53:36 GMT

Thanks for the info! Do you remember scores when you received the BCE?

Re: Citi Retail Credit Cards Nightmare

wasCB14 — Fri, 23 Oct 2020 01:04:48 GMT

@sailingnomore wrote:
Thanks for the info! Do you remember scores when you received the BCE?

Maybe 750, but scores on thin files don't mean much, anyway.

I got BCE in 8/14. At the time I had a $2k Freedom (11/13), a $2k Discover (3/14), and an Amex charge card (5/14). No lates or other baddies. No other credit history.

Re: Citi Retail Credit Cards Nightmare

Anonymous — Fri, 23 Oct 2020 01:36:19 GMT

Not sure if this will help but I received a SP CLI from Citi for the Wayfair card yesterday. $1500 - $4500. Card was just opened this month. But I specifically asked the rep if a HP was needed and she said no bc it was under 30 days since opening. I took that to mean any future CLI requests will result in a HP. $4500 is more than sufficient so I won't be using any inqs to request more.

Re: Citi Retail Credit Cards Nightmare

ToxikPH — Fri, 23 Oct 2020 04:49:01 GMT

@Anonymous wrote:
Not sure if this will help but I received a SP CLI from Citi for the Wayfair card yesterday. $1500 - $4500. Card was just opened this month. But I specifically asked the rep if a HP was needed and she said no bc it was under 30 days since opening. I took that to mean any future CLI requests will result in a HP. $4500 is more than sufficient so I won't be using any inqs to request more.

I just got the Best Buy card this morning, are you suggesting it's worth calling within the next month to try for a SP CLI?

Re: Citi Retail Credit Cards Nightmare

Anonymous — Fri, 23 Oct 2020 04:52:47 GMT

@ToxikPH truthfully, I haven't been around long enough to offer advice on anything beyond my limited experience. But from the few threads I read on the issue + my result I think its worth a call. As long as you make sure to confirm its a SP can't hurt to try.

Hopefully some of the more knowledgeable folks here can chime in.

Re: Citi Retail Credit Cards Nightmare

FinStar — Fri, 23 Oct 2020 05:06:16 GMT

@ToxikPH wrote:
@Anonymous wrote:
Not sure if this will help but I received a SP CLI from Citi for the Wayfair card yesterday. $1500 - $4500. Card was just opened this month. But I specifically asked the rep if a HP was needed and she said no bc it was under 30 days since opening. I took that to mean any future CLI requests will result in a HP. $4500 is more than sufficient so I won't be using any inqs to request more.
I just got the Best Buy card this morning, are you suggesting it's worth calling within the next month to try for a SP CLI?

If you are wanting to have the initial SL reconsidered, you'd have to either go to the store and have them contact the UW department or see whether you can reach that specific team on your own. You would need to do this within less than 30 days as they can still review it with the same HP. No guarantees since YEMV, but can't hurt to try.

If you wait after 30 days, it'll be a separate HP. It's fairly rare for Citi retail CCs to get SP CLIs (except for those from DSNB).

Re: Citi Retail Credit Cards Nightmare

Meanmchine — Fri, 23 Oct 2020 05:23:18 GMT

Sorry about your denials

Just curious, why, after the first denial, did you try the other two ??

Re: Citi Retail Credit Cards Nightmare

AverageJoesCredit — Fri, 23 Oct 2020 12:07:47 GMT

@ToxikPH wrote:
@Anonymous wrote:
Not sure if this will help but I received a SP CLI from Citi for the Wayfair card yesterday. $1500 - $4500. Card was just opened this month. But I specifically asked the rep if a HP was needed and she said no bc it was under 30 days since opening. I took that to mean any future CLI requests will result in a HP. $4500 is more than sufficient so I won't be using any inqs to request more.
I just got the Best Buy card this morning, are you suggesting it's worth calling within the next month to try for a SP CLI?

You will not get sp cli from Best Buy. It will be a hp.

Re: Citi Retail Credit Cards Nightmare

AverageJoesCredit — Fri, 23 Oct 2020 12:09:16 GMT

@Meanmchine wrote:
Sorry about your denials
Just curious, why, after the first denial, did you try the other two ??

Its possible Meanie Op didnt know better. Most people not on myFico dont realize requesting cli can result in new hps.

Re: Citi Retail Credit Cards Nightmare

LakeLife — Fri, 23 Oct 2020 12:57:09 GMT

@blindambition wrote:
City Retail cards can and do have HP CLI. Depends on the CO-branded retailer.
A search will give DP on all that do HP. Which is most.

This is why my Best Buy card sits at $4,300 and Sears at $3,000 to this day. So freakin' annoying.

Re: Citi Retail Credit Cards Nightmare

rostrow416 — Fri, 23 Oct 2020 14:04:32 GMT

I got the Shell card a few years ago - 500 SL, auto CLI to 600.

My scores have gotten much better this year so I requested a CLI. HP TU but doubled to 1200 (what I requested). fico ~ 670 at the time

Re: Citi Retail Credit Cards Nightmare

sailingnomore — Fri, 23 Oct 2020 14:33:44 GMT

How depressing, you're making me want to cancel my citi retail cards now lol... every bank is so inquiry sensitive so what's the point ... either you get a new card or shoot for an increase

Re: Citi Retail Credit Cards Nightmare

sailingnomore — Fri, 23 Oct 2020 14:36:50 GMT

It's not that I didn't know better ... or you know what maybe it is lol I'm 22 so I'm fairly new to the credit world ... I thought it would've been different criteria since it's different stores + I pay them differently ... example, I don't pay my shell mc in full due to heavy usage but I pay my other 2 every month in full so I'm thinking maybe it might be a different outcome

Re: Citi Retail Credit Cards Nightmare

randomguy1 — Fri, 23 Oct 2020 19:01:29 GMT

@AverageJoesCredit wrote:
@Meanmchine wrote:
Sorry about your denials
Just curious, why, after the first denial, did you try the other two ??
Its possible Meanie Op didnt know better. Most people not on myFico dont realize requesting cli can result in new hps.

Why is OP a meanie? @AverageJoesCredit

Re: Citi Retail Credit Cards Nightmare

RSX — Fri, 23 Oct 2020 21:25:58 GMT

sorry about the denials

keep using them and paying off regularly

either way - closing them will only spite you - not Citi - so i would keep them open

you can close a couple of them in a year or two when you have other cards that suit your needs - but closing cards in under 1 year is usually not a good plan

Re: Citi Retail Credit Cards Nightmare

Rudy1 — Fri, 23 Oct 2020 23:21:04 GMT

This! Citi Retail for CLI's drive me nuts I have a Bloomingdales card which I can get a cli on but my ExxonMobil Card won't bump me up from $500 no matter how much I try. I also have a Home Depot card which I asked for a CLI once and did not get it. Though I do know Citi is one of the tougher banks and during times like this they're I'm sure worried.

Re: Citi Retail Credit Cards Nightmare

AverageJoesCredit — Fri, 23 Oct 2020 23:25:39 GMT

the thing with Citi retail is they can grow , albeit mostly with hp so many times, 5k -10k -15k are possible whereas a retail card from say a Cap One, heres looking at you Wally, usually are left hanging in the wind on cli.