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Citi Memory - Should I Apply for the Citi Custom Cash?

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raisemysc0re
Established Contributor

Citi Memory - Should I Apply for the Citi Custom Cash?

I filed CH13 in Nov 2013 and was discharged in Nov 2016.

I burnt Citi for 2 cards for about 10K each. How longh is there memory?

I applied a few years ago for the Citi Custom Cash and was denied (Can't remember what they stated in the letter) but definitely did not mention BK. 

I did get approved for the Citi Best Buy Visa card for a SL of 20K a a couple of weeks before the denial.

Current DPs:

Income about 200K

Scores are all around 790

only 1 card (WF Reflect15K) opened in last 12 months.

One personal loan (13K) 2 months ago

Co-Signed for my niece's Student loan 4 months ago

TU Inq: 1/6, 3/12, 3/24

EQ inq: 1/6, 1/12, 1/24

EX inq: 2/6, 5/12, 11/24

about 450K in total CL with 3% UTI

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Starting Scores (06/2016):

Current Fico8 Scores (Updated 10/24/23):

Current Fico9 Scores (Updated 10/24/23):


Message 1 of 9
8 REPLIES 8
SouthJamaica
Mega Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?


@raisemysc0re wrote:

I filed CH13 in Nov 2013 and was discharged in Nov 2016.

I burnt Citi for 2 cards for about 10K each. How longh is there memory?

I applied a few years ago for the Citi Custom Cash and was denied (Can't remember what they stated in the letter) but definitely did not mention BK. 

I did get approved for the Citi Best Buy Visa card for a SL of 20K a a couple of weeks before the denial.

Current DPs:

Income about 200K

Scores are all around 790

only 1 card (WF Reflect15K) opened in last 12 months.

One personal loan (13K) 2 months ago

Co-Signed for my niece's Student loan 4 months ago

TU Inq: 1/6, 3/12, 3/24

EQ inq: 1/6, 1/12, 1/24

EX inq: 2/6, 5/12, 11/24

about 450K in total CL with 3% UTI


They can be pretty vindictive.


Total revolving limits 651200 (530700 reporting) FICO 8: EQ 706 TU 714 EX 715

Message 2 of 9
Zoostation1
Valued Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

IIRC, Citi retail (both store only and cobrand) are kept pretty walled off (except for the Costco Visa since it can be PCed into from a core card) from any core cards they offer.  There's definitely DPs in addition to yours of people getting back in with the BB Visa and other cobrands.  For core cards they're known to be very difficult to get back in with if not impossible.  I burned them pretty badly on two old Dividend cards in a CH7 and I'm resigned to Citi very likely being off limits for good.

Rebuild Started Nov 2021
June 2022 FICO 8:
June 2022 FICO 9:
May 2024 FICO 8:
May 2024 FICO 9:
Message 3 of 9
northway
Frequent Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?


@Zoostation1 wrote:

IIRC, Citi retail (both store only and cobrand) are kept pretty walled off (except for the Costco Visa since it can be PCed into from a core card) from any core cards they offer.  There's definitely DPs in addition to yours of people getting back in with the BB Visa and other cobrands.  For core cards they're known to be very difficult to get back in with if not impossible.  I burned them pretty badly on two old Dividend cards in a CH7 and I'm resigned to Citi very likely being off limits for good.


Correct. Citi Retail and Citicards are two different divisions with different underwriting and rules.


Burning one will not affect the other and Citi Retail is far more forgiving than Citicards is.

Personal Cards:
Message 4 of 9
markhs777
Regular Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

You actually have a decent chance for an approval. Citi has loosened up a bit recently and you have excellent scores and have really come a long way in addition to a good income

All you have to lose is an meaningless inquiry.

Message 5 of 9
youngandcreditwrthy
Senior Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

those increased rates with the Fed and the inflation means there's a lot of interest income to be had, and the banks like that! lol agree on the loosening.


@markhs777 wrote:

You actually have a decent chance for an approval. Citi has loosened up a bit recently and you have excellent scores and have really come a long way in addition to a good income

All you have to lose is an meaningless inquiry.


 

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 6 of 9
raisemysc0re
Established Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

I was a little hesitant but I got a pre-screened letter in the mail today so I decided to go for it.

Instant approval.

$10,500 SL.

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Starting Scores (06/2016):

Current Fico8 Scores (Updated 10/24/23):

Current Fico9 Scores (Updated 10/24/23):


Message 7 of 9
NoMoreE46
Community Leader
Senior Contributor

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

Congrats @raisemysc0re .

 

Message 8 of 9
kh-cathy29811
Moderator

Re: Citi Memory - Should I Apply for the Citi Custom Cash?

Congrats on your approval. I am going to lock this thread now but you can continue the discussion in the Approval board.

Message 9 of 9
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