topic Re: CitiBank Double Cash Card in Credit Card Applications

CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 15:06:57 GMT

Hey everyone,
I just got a new Citibank Double Cash card.

CL: $3000

APR (purchases): 12.99%

Can anyone tell me whats an effective argument or policy to follow to get a higher credit limit. I wanna have at least $5,000 for the signature card. Any advice?

P.s. I know that i can request for a CLI but it would add another Hard inquiry.

Re: CitiBank Double Cash Card

mikelo22 — Mon, 02 Mar 2015 15:05:17 GMT

5000 isn't a hard limit. And it's Mastercard, so it would be a World. You can call them up and ask for a CLI but it will be another HP and the chances of it working are slim. Your best bet is waiting 6 months for a SP CLI.

Re: CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 15:13:15 GMT

Did you apply for a new account or was this a PC?

If it is a new account it will almost certainly be a World MC regardless of the credit limit.

Congrats on the APR thats the lowest avaiable for the DC.

It will be another HP if you want to ask for a CLI when you activate. Otherwise I believe you can wait 6 months and try a SP CLI.

Re: CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 15:22:30 GMT

That's my dilemma, they are pre approving me for that apr but i don't want to get a 3k limit and my cap one 1 venture has not reported yet.

Re: CitiBank Double Cash Card

mikelo22 — Mon, 02 Mar 2015 15:45:07 GMT

@Anonymous wrote:
That's my dilemma, they are pre approving me for that apr but i don't want to get a 3k limit and my cap one 1 venture has not reported yet.

Both from what I've seen, and from personal experience, having other Citi cards begets higher limits with the DC. If it's your first Citi card, you may not fare as well.

Re: CitiBank Double Cash Card

thelethargicage — Mon, 02 Mar 2015 15:55:48 GMT

@Anonymous wrote:
Hey everyone,
I just got a new Citibank Double Cash card.
CL: $3000
APR (purchases): 12.99%

Can anyone tell me whats an effective argument or policy to follow to get a higher credit limit. I wanna have at least $5,000 for the signature card. Any advice?

P.s. I know that i can request for a CLI but it would add another Hard inquiry.

I got a HP CLI days after I got this card. Sorry, although the card has "World" on the front, it's more like a Platinum MC, which means no NPSL.

Re: CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 15:59:09 GMT

Is there anyway to get Citi to shift limits frome one card to another? I have a Simplicity I don't use with a $7400 limit...

Re: CitiBank Double Cash Card

Jerry45 — Mon, 02 Mar 2015 16:05:33 GMT

Congrats. that is a nice APR

Re: CitiBank Double Cash Card

Blodreina — Mon, 02 Mar 2015 16:09:38 GMT

@Anonymous wrote:
Is there anyway to get Citi to shift limits frome one card to another? I have a Simplicity I don't use with a $7400 limit...

Why not PC it, since you don't use it?

Re: CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 16:37:07 GMT

@Simba501 wrote:
@Anonymous wrote:
Is there anyway to get Citi to shift limits frome one card to another? I have a Simplicity I don't use with a $7400 limit...
Why not PC it, since you don't use it?

I suppose thats a possibility, except I already have the DC

Would they allow me to have two DC cards? I could then PC the DC to something else once the 0% APR period is gone.

Re: CitiBank Double Cash Card

Blodreina — Mon, 02 Mar 2015 16:41:07 GMT

@Anonymous wrote:
@Simba501 wrote:
@Anonymous wrote:
Is there anyway to get Citi to shift limits frome one card to another? I have a Simplicity I don't use with a $7400 limit...
Why not PC it, since you don't use it?
I suppose thats a possibility, except I already have the DC

Would they allow me to have two DC cards? I could then PC the DC to something else once the 0% APR period is gone.

Ohh. And I have no idea.

Re: CitiBank Double Cash Card

OnTheRebound — Mon, 02 Mar 2015 19:31:55 GMT

@mikelo22 wrote:
@Anonymous wrote:
That's my dilemma, they arepre approving me for thatapr but i don't want to get a3k limit and my cap one 1 venture has not reported yet.
Both from what I've seen, and from personal experience, having other Citi cards begets higher limits with the DC. If it's your first Citi card, you may not fare as well.

Well, that ain't necessarily true. I had my DP since 2010 with a $12K CL and 13.99% APR. I was instantly approved for the DC in Oct, 2014 for a pathetic $3.8K CL and an even more pathetic 22.99% APR. But that's OK. I'm waiting for the 6 month SP CLI in March. I would be more comfortable with at least $5K. As far as the APR goes, they can raise it to 100%. They will get the same amount of interest.

ETA: As with everything in life, YMMV.

Re: CitiBank Double Cash Card

Anonymous — Mon, 02 Mar 2015 20:38:10 GMT

@OnTheRebound wrote:
@mikelo22 wrote:
@Anonymous wrote:
That's my dilemma, they arepre approving me for thatapr but i don't want to get a3k limit and my cap one 1 venture has not reported yet.
Both from what I've seen, and from personal experience, having other Citi cards begets higher limits with the DC. If it's your first Citi card, you may not fare as well.
Well, that ain't necessarily true. I had my DP since 2010 with a $12K CL and 13.99% APR. I was instantly approved for the DC in Oct, 2014 for a pathetic $3.8K CL and an even more pathetic 22.99% APR. But that's OK. I'm waiting for the 6 month SP CLI in March. I would be more comfortable with at least $5K. As far as the APR goes, they can raise it to 100%. They will get the same amount of interest.

ETA: As with everything in life, YMMV.

Yes, rules like that are not going to be very accurate, as there are too many other factors. My first Citicard has a $30K CL, next one $15K. Then I got a $7K Forward, and after that two more $15K cards. So no obvious pattern

Re: CitiBank Double Cash Card

kdm31091 — Mon, 02 Mar 2015 22:35:55 GMT

@OnTheRebound wrote:
@mikelo22 wrote:
@Anonymous wrote:
That's my dilemma, they arepre approving me for thatapr but i don't want to get a3k limit and my cap one 1 venture has not reported yet.
Both from what I've seen, and from personal experience, having other Citi cards begets higher limits with the DC. If it's your first Citi card, you may not fare as well.
Well, that ain't necessarily true. I had my DP since 2010 with a $12K CL and 13.99% APR. I was instantly approved for the DC in Oct, 2014 for a pathetic $3.8K CL and an even more pathetic 22.99% APR. But that's OK. I'm waiting for the 6 month SP CLI in March. I would be more comfortable with at least $5K. As far as the APR goes, they can raise it to 100%. They will get the same amount of interest.

ETA: As with everything in life, YMMV.

It's a bit crazy that Citi has had you as a cardholder for 5 years at 12.99% with $12k in credit, yet on a new app they insult you with 22.99. I know it's a Double Cash and the APR tends to be higher but to give you the worst APR after that history is mind boggling. To say nothing about the 3.8k limit.

Re: CitiBank Double Cash Card

Involver — Tue, 03 Mar 2015 00:21:18 GMT

If youre willing to take a second HP you should call and ask for $15k. You'll probably get it.

Re: CitiBank Double Cash Card

Anonymous — Tue, 03 Mar 2015 00:52:00 GMT

As others have said it will definitely be a HP. I got the card in February and called the EO for a higher limit and there was no way they would do a SP. She did say that the limits have been low across the board and many people have been calling, as we know from the various threads on here. And while it says World on the card it isn't truly, even the EO rep said it was not a world. Good job on the APR, mine is 20.99%.....even my first CC isn't nearly that high.

Re: CitiBank Double Cash Card

Anonymous — Tue, 03 Mar 2015 01:09:34 GMT

I was pre approved for this card was just too chicken to take the HP. They offered me 23.5% Apr idk y

Re: CitiBank Double Cash Card

noobody — Tue, 03 Mar 2015 01:30:50 GMT

Just got my first citi card in years, what is exactly their CLI policy? SP, HP? at activation, at 6 month ?centain amount?

Re: CitiBank Double Cash Card

Anonymous — Tue, 03 Mar 2015 01:37:38 GMT

@noobody wrote:
Just got my first citi card in years, what is exactly their CLI policy? SP, HP? at activation, at 6 month ?centain amount?

You can ask for a HP CLI anytime, but you can only get a SP CLI every six months is my understanding.

Re: CitiBank Double Cash Card

Anonymous — Tue, 03 Mar 2015 02:07:46 GMT

@Anonymous wrote:
@noobody wrote:
Just got my first citi card in years, what is exactly their CLI policy? SP, HP? at activation, at 6 month ?centain amount?

You can ask for a HP CLI anytime, but you can only get a SP CLI every six months is my understanding.

Yes. Citi will indicate from the verbiage whether it will be soft or hard (before you begin). Unlike Amex, each CLI doesn't impact those on other cards, so if you have multiple Citi cards you can get SP CLIs on each every six months