topic Re: Citi Double Cash: How Many Is too Many? in Credit Cards

Citi Double Cash: How Many Is too Many?

Anonymous — Tue, 06 Oct 2015 02:31:01 GMT

How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?

[Edit] I have been approved for the card.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 18:23:05 GMT

@Anonymous wrote:
How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?

Unfortunately, I think that this is going to be a heavy "YMMV" thing. I think I had 2-3 inqs when I applied. However, they appear to be pretty stingy with their underwriting standards and give out fairly low starting limits.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 18:23:56 GMT

@Anonymous wrote:
How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?

I'm a firm believer that the number of inquiries you have is never the main reason for a denial. I was approved for 3 Citi cards to totalling $75K in credit with over 10 inquiries on EQ and EX for each one.

Re: Citi Double Cash: How Many Is too Many?

kdm31091 — Mon, 05 Oct 2015 18:34:20 GMT

@Anonymous wrote:
@Anonymous wrote:
How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?
I'm a firm believer that the number of inquiries you have is never the main reason for a denial. I was approved for 3 Citi cards to totalling $75K in credit with over 10 inquiries on EQ and EX for each one.

I would assume with those kind of approvals, your income is probably on the high end, yes? That does matter too.

I agree inquiries are overrated to a point. Of course, less is better, especially with Double Cash which they are typically quite stingy with. That said, it's your overall file that matters.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 18:38:28 GMT

@Anonymous wrote:
@Anonymous wrote:
How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?
I'm a firm believer that the number of inquiries you have is never the main reason for a denial. I was approved for 3 Citi cards to totalling $75K in credit with over 10 inquiries on EQ and EX for each one.

+1 I had about 5 inq in that month alone, that I apped for DC.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 18:38:47 GMT

@kdm31091 wrote:
@Anonymous wrote:
@Anonymous wrote:
How many inquiries is too many for Citi Double Cash Card? In this old FICO forum thread, the person was rejected with only 4 inquiries in his/her EX credit report.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Citi-Double-Cash-Denied/td-p/3399397

Can someone else share their experience with Citi Bank?
I'm a firm believer that the number of inquiries you have is never the main reason for a denial. I was approved for 3 Citi cards to totalling $75K in credit with over 10 inquiries on EQ and EX for each one.
I would assume with those kind of approvals, your income is probably on the high end, yes? That does matter too.

I agree inquiries are overrated to a point. Of course, less is better, especially with Double Cash which they are typically quite stingy with. That said, it's your overall file that matters.

It's up there. Income is certainly important in limits, though I'm not sure it affects the actual approval (unless overall exposure is an issue). Could be true about the DC and low limits as I don't have that card.

Re: Citi Double Cash: How Many Is too Many?

lhcole77 — Mon, 05 Oct 2015 18:49:02 GMT

I've had good experience with Citi. They've double pulled me each app on EX and EQ, even with scores in the 750s and 760s, but have approved each app as well.

I've had a few HPs on both EX and EQ at time of app, somewhere between 2 and 4.

Cards are growing nicely and continue to get offers for their other cards.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:01:18 GMT

Okay. I had an itchy finger and I applied. I was approved. I was kind of concerned because I was approved for the American Express Blue Cash Everyday and Discover it card last week.

But after reading the old thread that the person who complain about not getting approved but was approved through the back door, I thought my risk wasn't really high.

Re: Citi Double Cash: How Many Is too Many?

kdm31091 — Mon, 05 Oct 2015 19:04:29 GMT

@Anonymous wrote:
Okay. I had an itchy finger and I applied. I was approved. I was kind of concerned because I was approved for the American Express Blue Cash Everyday and Discover it card last week.

But after reading the old thread that the person who complain about not getting approved but was approved through the back door, I thought my risk wasn't really high.

Congrats! What's your limit and APR? I'm curious, as Citi is notoriously pretty tight with this card.

Re: Citi Double Cash: How Many Is too Many?

lhcole77 — Mon, 05 Oct 2015 19:04:31 GMT

@Anonymous wrote:
Okay. I had an itchy finger and I applied. I was approved. I was kind of concerned because I was approved for the American Express Blue Cash Everyday and Discover it card last week.

But after reading the old thread that the person who complain about not getting approved but was approved through the back door, I thought my risk wasn't really high.

SHAZZZZZZZZZZAM! Congrats.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:10:18 GMT

@kdm31091 wrote:
@Anonymous wrote:
Okay. I had an itchy finger and I applied. I was approved. I was kind of concerned because I was approved for the American Express Blue Cash Everyday and Discover it card last week.

But after reading the old thread that the person who complain about not getting approved but was approved through the back door, I thought my risk wasn't really high.
Congrats! What's your limit and APR? I'm curious, as Citi is notoriously pretty tight with this card.

I'm just a student with a student's income so it's 2K and they said I will get the APR information once the card arrives. I had to call because I accidently placed my CR on alert. I pushed a button I didn't really understand.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:10:19 GMT

Congrats on the approval! I was actually in a similar situation where I applied for BCE and SM a little over a month ago, then applied for DC/AARP/BBR last week. Everything was approved for me as well essentially instantly (BBR asked for a little more job info but it was still less than a minute for the decision). My starting limit wasn't much higher (only $3400) but I think I'll spend another HP when I activate to try and raise it some.

What were your scores on approval?

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:18:17 GMT

Congrats! I think I only started around $3k, so don't sweat the limit. It's just how DC is.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:21:50 GMT

@Anonymous wrote:

What were your scores on approval?

I don't really know. I think it's 732+, and most definitely under 750.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Mon, 05 Oct 2015 19:22:50 GMT

Thanks for the "congrats" everyone. It was just a tiny bit nerve-racking when I applied, but I knew I had the backdoor to increase some chances.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Tue, 06 Oct 2015 02:25:53 GMT

Really depends on CR and relationship with citi. If you are in, you are fine.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Tue, 06 Oct 2015 02:29:50 GMT

@Anonymous wrote:
Really depends on CR and relationship with citi. If you are in, you are fine.

It would help if you briefly read the replies. I already have been approved for the card. Thanks for your belated reply anyhow.

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Tue, 06 Oct 2015 02:41:02 GMT

So how many inquiries did you have when approved with 2k SL? Which CR?

Re: Citi Double Cash: How Many Is too Many?

Anonymous — Tue, 06 Oct 2015 02:46:11 GMT

@Anonymous wrote:
Which CR?

I wouldn't know. I was approved today.

Re: Citi Double Cash: How Many Is too Many?

NRB525 — Tue, 06 Oct 2015 12:47:58 GMT

@Anonymous wrote:
@Anonymous wrote:
Really depends on CR and relationship with citi. If you are in, you are fine.
It would help if you briefly read the replies. I already have been approved for the card. Thanks for your belated reply anyhow.

Check the timestamp. There is a glitch in that post that pushed it out in the thread sequence or otherwise delayed it from appearing timely.

Congratulations on the DC!