topic Re: Citi invitations in Credit Cards

Citi invitations

meka1984 — Wed, 30 Nov 2011 07:02:17 GMT

Hello everyone,

Citi keeps inviting me to apply for several of their cards (American Airlines and Diamond Preferred).

I am really scared to apply because I have been rebuilding and gardening this year and have many inquiries on my CR due to search for a car loan which I did obtain.

What does CITI look for?

Re: Citi invitations

tsquad131 — Wed, 30 Nov 2011 07:04:54 GMT

they dont like a lot of inquiries in short periods of time is what the csr's always told me. whenever i called in for recon they said i wouldve been approved but i have too many recent inquiries which is within 6 months to them. other than that i have no baddies, aaoa is 1.5 years, and 3 years total history

Re: Citi invitations

meka1984 — Wed, 30 Nov 2011 07:07:07 GMT

Thanks...I think I may wait because I don't want to waste an inquiry knowing that they are not keen about them within a short period of time.

Does anyone know if Citi gives pre-approvals?

Re: Citi invitations

tsquad131 — Wed, 30 Nov 2011 07:08:14 GMT

yes they do thats how i apped for mine because ive been denied mutiple times in the past with them but i recently received a preapproval in the mail and apped through the invitation code and was shocked because i was instantly approved.

Re: Citi invitations

meka1984 — Wed, 30 Nov 2011 07:09:57 GMT

Thanks.

I will try and wait for that because I keep receiving the invitations.

Re: Citi invitations

Anonymous — Thu, 01 Dec 2011 05:39:02 GMT

When you apply for an auto loan in a short time period fico counts that as only 1 inquiry.

Re: Citi invitations

meka1984 — Thu, 01 Dec 2011 06:13:21 GMT

It only counts as 1 inquiry for scoring purposes.

However, when your credit is ran with multiple lenders each lender is shown on the credit report as a hard inquiry and it can potentially effect credit decisions.