topic Re: Citi secured card FINALLY graduated in Credit Cards

Citi secured card FINALLY graduated

Anonymous — Fri, 14 Jun 2019 15:56:53 GMT

I started my credit rebuild with secured Discover, BOA, Citi, and Navy Fed cards back in January of 2017. All but Citi graduated long, long ago. I finally got a notice in the mail that my Citi card is graduating this month...over two years later! It's only a tiny little $200 card. Anyone know if I'm likely to get an auto CLI at graduation or am likely to have success with requesting a CLI? If I do request one, is it likely to be a SP?

Re: Citi secured card FINALLY graduated

pizza1 — Fri, 14 Jun 2019 16:14:40 GMT

Thats great! Your hard work has paid off, Congrats to you!! Others that have had their card graduate, did get a CLI as well, and your card will graduate to the DP, which you can PC to a different card if wanted.

Re: Citi secured card FINALLY graduated

calyx — Fri, 14 Jun 2019 16:41:20 GMT

@Anonymous wrote:
I started my credit rebuild with secured Discover, BOA, Citi, and Navy Fed cards back in January of 2017. All but Citi graduated long, long ago. I finally got a notice in the mail that my Citi card is graduating this month...over two years later! It's only a tiny little $200 card. Anyone know if I'm likely to get an auto CLI at graduation or am likely to have success with requesting a CLI? If I do request one, is it likely to be a SP?

As a fellow Citi-secured holder - CONGRATS!

Many people have reported CLIs, and if you don't get one, you can always keep an eye on your account for the SP CLI language.
You can also PC your card once you receive it. Enjoy your new graduated card!

Re: Citi secured card FINALLY graduated

Anonymous — Fri, 14 Jun 2019 22:13:13 GMT

Congrats on your graduation!

Re: Citi secured card FINALLY graduated

KJinNC — Fri, 14 Jun 2019 23:25:19 GMT

Didn't the card expire at 18 months? I got one in April of this year, and it expires in October 2020, 18 months later. And, that is the official graduation date for the card, though I'm hoping it happens earlier.

Maybe policies were different in January 2017. In any case, I'm confused why it would take so long to graduate if other cards were graduating meantime. Did you do anything to annoy Citi?

Either way, congrats. Whenever mine graduates, I'm planning to see if I can PC it to Double Cash.

Re: Citi secured card FINALLY graduated

calyx — Sat, 15 Jun 2019 00:18:43 GMT

@KJinNC wrote:
Didn't the card expire at 18 months? I got one in April of this year, and it expires in October 2020, 18 months later. And, that is the official graduation date for the card, though I'm hoping it happens earlier.

Maybe policies were different in January 2017. In any case, I'm confused why it would take so long to graduate if other cards were graduating meantime. Did you do anything to annoy Citi?

Either way, congrats. Whenever mine graduates, I'm planning to see if I can PC it to Double Cash.

Citi has been known to extend the secured time with their cards (like other lenders), I've seen a few mentions about it.
We probably hear about it less since they already have an 18month long period.

Re: Citi secured card FINALLY graduated

Anonymous — Sat, 15 Jun 2019 18:57:52 GMT

Since you got the letter don't expect your card to actually graduate for like 2 more months..

Re: Citi secured card FINALLY graduated

Remedios — Sat, 15 Jun 2019 20:25:30 GMT

Congrats on your graduation!

Re: Citi secured card FINALLY graduated

tbque — Sat, 15 Jun 2019 22:38:39 GMT

Congrats on the Citi graduation! Hope you get a CLI as well.

Re: Citi secured card FINALLY graduated

Anonymous — Tue, 18 Jun 2019 22:01:27 GMT

I got a letter from them at 18 months saying they were extending my secured period for another year. Finally that year is up! I got the letter a week ago saying it is graduating, but haven't received my security deposit check in the mail yet or my new card. I've waited this long, I guess I can be just a little more patient.

Re: Citi secured card FINALLY graduated

KJinNC — Tue, 18 Jun 2019 22:06:59 GMT

Those who don't graduate within 18 months: do you know a reason, or is it confusing why your card didn't graduate on time or early?

Has anybody had the thought process of closing the secured card and just reapplying for the unsecured card in six months possibly being a faster route? Because as much as I appreciate Citi for being the first to approve me, I don't know if I'm willing to carry it for two and a half years ...

Re: Citi secured card FINALLY graduated

800FICOGoal — Tue, 18 Jun 2019 23:13:00 GMT

Congrats on graduating!!!!

Re: Citi secured card FINALLY graduated

M_Smart007 — Tue, 18 Jun 2019 23:33:46 GMT

"FINALLY graduated"

Re: Citi secured card FINALLY graduated

ProjectRebuild — Thu, 20 Jun 2019 06:38:46 GMT

I'm so lost with all the abbreviated terminology. What is DP, PC? I know CLI is credit limit increase.

Is there a resource to reference the abbreviations?

Re: Citi secured card FINALLY graduated

KJinNC — Thu, 20 Jun 2019 09:48:52 GMT

DC is the Citi Double Cash card. PC is product change, as in, get a Citi Diamond Preferred switched to a DC. I don't think there is a complete list of all the acronyms.

Re: Citi secured card FINALLY graduated

UncleB — Thu, 20 Jun 2019 20:37:35 GMT

@ProjectRebuild wrote:
I'm so lost with all the abbreviated terminology. What is DP, PC? I know CLI is credit limit increase.

Is there a resource to reference the abbreviations?

@ProjectRebuild, here's a link to a thread that lists common abbreviations used on myFICO: http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458

Re: Citi secured card FINALLY graduated

Anonymous — Sat, 31 Aug 2019 20:48:18 GMT

Right because I got my graduation letter about 2 months ago my card "graduated" the 23rd of this month and got my security deposit back a few days later but my card is still secured with the same CL and also hasn't reported to the credit bureaus yet for this month. I guess I'll have to just wait it out.