@The_Rooster wrote:It's odd, my wife has a Citi Simplicity card that REFUSES to go above $1,100 credit limit. There must be 50 declined CLI requests over the years.
However, our Citi Home Depot card? CLI's whenever we choose!
I've been adding $1,500 to $3,000 CLI's to that card every 3-6 months for the past two years and added another $5,000 CLI today. I dont ever remember getting a declined CLI on that card. I'm starting to wonder how high they're going to let it go LOL!
So here is my question: Is the underwriting guidelines for the Home Depot card different than the Simplicity and other Citi Cards?
I read recently that another MF member stated they were getting HPs for their Citi-Costco CLI requests. I am assuming you are not getting HPs for these?
@lgtwriter wrote:I was approved for a Citi Costco card in August and they gave me a very small credit limit, $1,200 which was way way less than all of my other credit cards. I tried for a cli a couple of times, but decided to close the card because it was not very useful to me with that cl.
The same day or next day (I can't remember exactly) I applied for the Citi Simplicity card and was given a $14,600 credit line. Same datapoints. I had paid off a bit of utilization in the several months since I opened the Costco card, but there was no way that there were any changes in my profile to cause a difference of over ten times the credit limit.
Citi is weird, at least in my situation. YMMV of course.
All big banks are like that. If they start you off low even though you have great credit scores you are better off closing the account. Two very important things are communicated that way. You are not desperate for their card and most important you are not willing to play by their rules if the rewards don't outweigh their ridiculous limits. Can't wait to have my wife close the Freedom Flex card right after we cash in her latest points. $1600 limit with a 784 score pulled and 6 digit income is nothing but insulting and we won't stand for it.
