topic Re: Citi Custom Cash/24 Inquiries in Credit Card Applications

Citi Custom Cash/24 Inquiries

AyaMai — Mon, 30 Jan 2023 02:48:34 GMT

What is the best strategies to get this card, at this moment I have 24 inquiries, 12 will be dropped off by November.

Re: Citi Custom Cash/24 Inquiries

CreditCuriosity — Mon, 30 Jan 2023 04:09:08 GMT

Nothing is certain with Citi or Well or any lender for that matter.. What can be done is let alot of those inquiries fall off as 24 on one CRA is excessive by any metrics. No one can answer this question with 100% certainty esp. in the current economic environment.. You mention just inquires nothing w/regards to scores, cards, balances, ultilzation how many new accounts etc.

Re: Citi Custom Cash/24 Inquiries

AyaMai — Mon, 30 Jan 2023 03:43:18 GMT

@CreditCuriosity wrote:
Nothing is certain with Citi or Well or any lender for that matter.. What can be done is let alot of those inquiries fall off as 24 on one CRA is excessive by any metrics. No one can answer this question with 100% certainty esp. in the current economic environment.. Alot you mention just inquires nothing w/regards to scores, cards, balances, ultilzation how many new accounts etc.

27 months ago my credit limit was $300 Capital One Platinum, now I have 39 open accounts, 6 of them AU not including car loan. My Credit limit is 190K, utilization is 0% - 1% on every card. Score is 774. 7 new accounts were opened in the last 4 months. No lender is approving me for a new card.

Re: Citi Custom Cash/24 Inquiries

CreditCuriosity — Mon, 30 Jan 2023 04:10:43 GMT

I would personally wait esp with such a young profile as your own a year since last card application. With that said you never know and without risk their are no rewards. At least wait 6 months before trying since last inquiry/application if you can't wait longer. Credit is a marathon and not a sprint

Re: Citi Custom Cash/24 Inquiries

bigseegar — Mon, 30 Jan 2023 12:41:49 GMT

@AyaMai wrote:
What is the best strategies to get this card, at this moment I have 24 inquiries, 12 will be dropped off by November.

Between that and all the new credit you've been posting and given Citi is a fairly difficult card to get and INQ sensitive you'll totally garden and wait at least 1 full year before you even think about it (or any other card really). Like said upthread, good credit building is a marathon not a sprint.

Re: Citi Custom Cash/24 Inquiries

AyaMai — Mon, 30 Jan 2023 13:24:59 GMT

@CreditCuriosity wrote:
Credit is a marathon and not a sprint

I can not disagree with you in that statement.

Re: Citi Custom Cash/24 Inquiries

Bill77 — Mon, 30 Jan 2023 15:44:04 GMT

My opinion is with that velocity you don't even have a good chance in November with Citi. As someone else said, I would wait 1 year before trying Citi or move on to other easier issuers.

Re: Citi Custom Cash/24 Inquiries

AyaMai — Tue, 31 Jan 2023 15:08:44 GMT

@Bill77 wrote:
My opinion is with that velocity you don't even have a good chance in November with Citi. As someone else said, I would wait 1 year before trying Citi or move on to other easier issuers.

Have no desire to get cards from BOA though they are my bank for more than 22 years and they denied me for a secured visa. Wells Fargo not interested since my banking years with them before BOA was terrible due to 4:00 PM cut off time to credit your deposits. Capital One have 3 buckted cards with them, last cards will work on increasing my limits, one of them is the oldest. Citi, I am AU on my wife's Costco Anywhere Visa & on her 3 Chase cards.

'My opinion is with that velocity you don't even have a good chance in November with Citi' that's the reason I posted the question aware of my own velocity in going after cards. Last March I got hit with a collection of an old debt which I thought was gone many years ago, far passed the 7 years rule, was fortunate to have had applied for cards before that especially with Amex and Synchrony. I applied for 3 Comenity Cards AAA/Toyota/NFL since October after reading that Comenity pulls from Equifax on myFICO forums which the only one my collection did not exist. A month ago my collection file disappeared from Experian and TransUnion, my score jumped 66 points to 774, I though it was Equifax I was looking at. I decided to apply for cards, god knows what's hiding for me again in future. The part what puzzles me is that I got a phone call last weekend from Collection Agency which posted the collection and removed it. I do not respond phone numbers which are not listed in my contacts, Pixel phones transcribe your voice messages or blocks spam calls. I use Skype to call the numbers which were not blocked by my Pixel phone.

Yes I have to stop applying for any cards for 2 years if I ever want to get a card from Citi or Chase. I am done applying for Comenity, Synchrony, Discover and just one more card from Amex 'A Soft Pull', no BOA, No Wells Fargo, no Store Cards just Synchrony Amazon Prime Store Card which I have. Will be working on my credit cards credit limit increases again after I am done with SUB.

Re: Citi Custom Cash/24 Inquiries

FinStar — Wed, 01 Feb 2023 00:39:42 GMT

@AyaMai wrote:
@CreditCuriosity wrote:
Nothing is certain with Citi or Well or any lender for that matter.. What can be done is let alot of those inquiries fall off as 24 on one CRA is excessive by any metrics. No one can answer this question with 100% certainty esp. in the current economic environment.. Alot you mention just inquires nothing w/regards to scores, cards, balances, ultilzation how many new accounts etc.
27 months ago my credit limit was $300 Capital One Platinum, now I have 39 open accounts, 6 of them AU not including car loan. My Credit limit is 190K, utilization is 0% - 1% on every card. Score is 774. 7 new accounts were opened in the last 4 months. No lender is approving me for a new card.

Unfortunately, you will not be approved. Save the time to let all those recently opened accounts and inquiries age off.

Re: Citi Custom Cash/24 Inquiries

StephenH — Wed, 01 Feb 2023 01:46:52 GMT

@AyaMai wrote:
What is the best strategies to get this card, at this moment I have 24 inquiries, 12 will be dropped off by November.

It's not possible; I'll tell you what I told my dad, you have to leave everything alone for the next 3 years. Clean up your reports, free of inquiries. If you absolutely need to get your fix, ask for sp cli's.

There are so many threads you've created pretty much asking the same exact question. With 19 new accounts you should have the ability to maximize your rewards in any category, leave your credit alone!

Re: Citi Custom Cash/24 Inquiries

FireMedic1 — Mon, 06 Feb 2023 11:08:57 GMT

With that many accounts. Close the bucket/starter cards. You really dont need AU cards anymore. More is not better. Quality over quanity. Many that come into the Rebuild Sub Forum get in trouble with what I call swipe fever. On the other spectrum is approval fever. Love that approval feeling. Yes you keep balances low. Great. Kinda like an addiction for people who shop and buy things they dont need. Its the shopping they love. That many inq's and still seeking. Its time to break that habit and let it all grow. No apps at least until 2025. The recent denials should be your clue. The beach is closed and the your not hearing the Lifeguards whistle. Not being blunt. It is what it is. Chill.

Re: Citi Custom Cash/24 Inquiries

AyaMai — Tue, 07 Feb 2023 02:06:36 GMT

@FireMedic1 wrote:
With that many accounts. Close the bucket/starter cards. You really dont need AU cards anymore. More is not better. Quality over quanity. Many that come into the Rebuild Sub Forum get in trouble with what I call swipe fever. On the other spectrum is approval fever. Love that approval feeling. Yes you keep balances low. Great. Kinda like an addiction for people who shop and buy things they dont need. Its the shopping they love. That many inq's and still seeking. Its time to break that habit and let it all grow. No apps at least until 2025. The recent denials should be your clue. The beach is closed and the your not hearing the Lifeguards whistle. Not being blunt. It is what it is. Chill.

'No apps at least until 2025' Defintely I should no doubt about that.

Re: Citi Custom Cash/24 Inquiries

BRYANSUAVO — Thu, 09 Feb 2023 04:25:06 GMT

I had less than 10 inquiries when i tried to get it 3 weeks ago and no luck.. the only card that denied me. I got a bunch more way harder than this.. go figure. Reason was exactly that.. too many inquiries..