If not for the fact that I was recently declined for my citi costco visa CLI, I would'nt hesitate to apply for the citi prestige. (I currently have a $9100 credit limit on my citi costco card and have had it for approx 7 years, although it used to be amex and has only been with citi for 2-3 years I believe). That said, this CLI increase denial gives me serious pause...citi's reason was "too many recent inquiries" which I have come to learn generally means something else that theyre not willing to share with me.
My income is 185k, I currently have 0 debt and a 130k credit limit across 14 credit cards. I have the Amex Platinum, Chase Saphire Reserve and Mastercard Black Card which are comparable premium travel credit cards that typically require high income/credit...that said I had a few hiccups about 18-24 months ago and missed 2 credit card payments which I've had to rebuild my credit score from....currently, my fico scores are: Experian:716, Equifax: 731 Transuion: 744. My average account age is 5.5 years, and I've had 6 inquires in the last two years on my experian report, most recent showing is in April. For whatever reason my Credit Kharma scores are much higher showing 786 for Equifax and 801 for transunion.
Also, its worth noting I also got the Citi Brooks Brothers mastercard in February and it has by far my lowest credit limit of any CC I have at only $2,500.
So...will I be approved???????!!!!!!!!!! Thoughts? Comments? Thank you in advance for the advice here!
