topic Re: Citi DC Question in Credit Cards

Citi DC Question

Anonymous — Mon, 30 May 2016 04:24:53 GMT

Just got approved the 21st, received and activated card...first Citi card so was exploring website. I noticed the CLI button and it specifically says "It's easy to find out if you qualify for a credit limit increase. A credit bureau report will not be requested and you will receive an instant decision." Is this legit? I've seen others get HP on CLI...just want to verify. Any help is apprecited!

Re: Citi DC Question

RonM21 — Mon, 30 May 2016 05:37:32 GMT

Usually it will let you know before hand, and you can decide if you want to.continue.

Re: Citi DC Question

Anonymous — Mon, 30 May 2016 05:53:37 GMT

Hit the button.

It will ask for income and rent/mortgage.

If it also asks how much of a CLI you'd like, it's going to be a HP. Stop (unless you're willing to burn a HP)

If it doesn't ask for an amt for the CLI, it will be a SP.

Re: Citi DC Question

SouthJamaica — Mon, 30 May 2016 12:31:53 GMT

@Anonymous wrote:
Just got approved the 21st, received and activated card...first Citi card so was exploring website. I noticed the CLI button and it specifically says "It's easy to find out if you qualify for a credit limit increase. A credit bureau report will not be requested and you will receive an instant decision." Is this legit? I've seen others get HP on CLI...just want to verify. Any help is apprecited!

Yes that's a legit soft pull CLI offer.

BTW I've never gotten one myself

Re: Citi DC Question

takeshi74 — Mon, 30 May 2016 13:04:53 GMT

@Anonymous wrote:
I noticed the CLI button and it specifically says "It's easy to find out if you qualify for a credit limit increase. A credit bureau report will not be requested and you will receive an instant decision." Is this legit? I've seen others get HP on CLI...just want to verify.

We can't give you a better answer than Citi. If they say no pull it's no pull. Call them if you want to verify.

An HP typically has small impact but they can have a bigger impact for those with thin credit profiles and/or profiles with issues. If one HP is a significant problem then there are bigger concerns with your credit profile that you need to address.

Re: Citi DC Question

kdm31091 — Mon, 30 May 2016 13:12:41 GMT

It's a soft pull offer but will be auto declined unfortunately. They will not approve a SP increase until the account is six months old. You can call in and take a HP if you wish.

Re: Citi DC Question

Anonymous — Mon, 30 May 2016 16:54:30 GMT

In my experience it's best to call them. I tried online and got declined on each of my citi cards, even though I'm making $10,000+ more then the last time I updated income info. When I called I got one card doubled, one tripled, and the last one I got was a mere $500 bump. Not bad though. It definitely lowered my util.

Also ive had no Hp on my credit for any of the cli's

Re: Citi DC Question

Credit_hawk — Mon, 30 May 2016 22:12:40 GMT

@kdm31091 wrote:
It's a soft pull offer but will be auto declined unfortunately. They will not approve a SP increase until the account is six months old. You can call in and take a HP if you wish.

Kdm is to Citi cards like UncleB is to CapOne. Always dropping knowledge bombs in here.

Re: Citi DC Question

JamP — Mon, 30 May 2016 23:24:54 GMT

Had the same thing when I opened mine. I thought why not and I was declined for a cli.

I read about alot of people getting a cli with a HP so I waited a bit then it finally said they will pull my credit report.

I took the HP and still no CLI so I will wait until it changes back to the SP message.

Re: Citi DC Question

Anonymous — Tue, 31 May 2016 00:36:02 GMT

I've received a number of SP CLIs on my DC thru online banking. You just have to make sure it says it will not affect your credit, at other times it would be a HP.

Re: Citi DC Question

Closingracer99 — Tue, 31 May 2016 04:34:05 GMT

I have gotten SP CLI's on my citi cards but lately I had to take a HP to get my last one on my DC. Got a SP CLI with my Simplcity which I have now closed and my TY preferred ... both back around August of 2015?