Prestige approval odds?

[ntenseone]

Hey guys.
I'm still a newb here, but I was hoping for some insight.
I'm really wanting to get a Citi Prestige card because I can get a pretty good amount of positive value from it with its perks, but I am curious to know how I stack up for approval.
Latest numbers include 130,000 income, Chase Journey VS3.0 shows 700 score, Citi FICO is showing 722, Discover FICO 8 is showing 735, while CK is showing 700 & 692 respectively.
I have 0 derogs and 21% Utilization currently.
AAoA 2yes
3 or 8 HP depending on where I look.

Is there any other info I need to include?
How do you all think I shape up for this card?
Any insight is appreciated.
Thanks guys!

[addicted_to_credit]

I don’t have much if any experience with citi other than some co branded cards but I can tell you that citi has a pre qualify tool and that will tell you everything you need to know. It’s a soft pull to check too so no harm no foul when checking.

Here is the link:

https://www.citicards.com/cards/credit/application/flow.action?isInvitation=Y#

[ntenseone]

Well that's a bummer.
It said "We couldn't match your records to a prequalified credit card offer. Please see below for another credit card you may like." And has the Citi DC card shown.
I was hoping for better since I've received 2 prequal offers in the mail for the Barclays Black Card.
I also have a Simplicity and Best Buy cards that have been in good standing since the day I opened them, although history is only 1yr and 8mo. on those accounts, respectively.
Is there any other way of finding out about my approval odds by maybe calling them and asking about it?

I was hoping to use it as my Daily while taking advantage of the travel perks a couple times each year and letting my wife continue using my CSP as her daily so we can keep accruing points with them. We want to travel for free for our 10yr anniversary and I have a plan I'd like to execute to make it happen.

Thanks again, friends!

[addicted_to_credit]

One thing that you can do to improve your odds of pre approval is to make sure you are opted in for pre screens

[Anonymous]

Every time I use the prequal site I never get any offers either.

There are a lot of DPs here that the person had no offers but still got approved.

What CBS are the HPs on? Citi usually pulls EQ or EX

[thornback]

I don't think not being matched on the prequal means very much. I had the same result but still cold app'd and got the DC (albeit, a low limit). Had the DC for over a year now and they still can't match me to anything in a prequal. Prequals aren't always solid anyway and no one can really guess whether you'd be approved - all anyone can say is your stats seem ok for approval... so just app of you want the card.

The only thing I will say is they tend to pull EQ (and may double pull with EX). If any of your inquiries (and/or new accounts) are within the last 6 months, you may want to wait til they age past 6 months to increase your chances as Citi can sometimes hold that against you.

Good luck!

[SFLSpotter9210]

I would contact CSR and ask what’s the worst they say no you don’t have any offers. Another would be to see if you can product change your simplicity to a prestige although I don’t think you can again ask.

I applied for 3 core and 1 cobranded citi cards back in early 2019 and was approved for all. They pulled EQ and EX here in Florida. But I didn’t have any inquires at the time on my EQ and only 1 on EX.

Hopefully other seasoned members will chime in and help with that card. I also inquired about that card and product changing to it but, I’m not eligible for at least a year on my rewards+ card.

Good luck with your journey.

[CreditCuriosity]

pre-qual means nothing.. I have got approved for every citi card I have gotten without any pre-quals and with good limits.  If your profile/income support it cold app.  Go based on your report vs. a silly pre-qual tool.  I think you would be fine personally.  You said citi has your score around 730ish?  So that means you have another with them I assume..  They can be inquiry sensitive if new to them, but even then that varies if you already with them getting new cards is like taking candy from a baby if your profile is strong.  I always have around 24ish new accounts in last 24 months and as mentioned never have issues getting approved.

[Remedios]

I did prequal with Citi, came back with nothing. Applied three minutes later and was approved, so I wouldn't put too much weight on absence of prequalified/pre-aporoved offers.
As long as you didn't open a bunch of accounts in the last six months, or raked bunch of HPs during that time, you should give it a try.
Do any of your cards have high individual utilization? The only reason I ask is while 21% is not ideal, it's tolerable, but your scores are a bit on a low(ish) end for a clean file, and it seems that your Vantage scores are reacting strongly to something

While they are not frequently used for lending purposes, they can be indicative of recent behavior such as increased utilization and credit seeking a lot more than FICO 8 and FICO 9.

[ntenseone]

The higher HP number is from EQ, the newest of which are from Chase and Capital One back in Nov. I have some debt that we have been paying down on 0% offers across a few different cards, but we PIF on my CSP every month, usually $3-5,000, so I'm thinking that may be while Cap1 said "no". Chase, on the other hand increased my CSP from 7k-13,900 and gave me a CFU for 7,600, which greatly improved my utilization and I'm very happy about that. (I submitted for CFU online while on the phone asking for a CLI on my CSP and, as far as I can tell, I only took 1 HP hit)

I have a Disco personal loan that I'm hoping to chop down the interest on by talking with Arvest about on Tuesday of this week. I'm being told I should qualify for a sub 10% rate based on my info.
After that I'm planning on going after the Prestige in March before a trip that I wanted to use the travel perks for. (Side note, can you get the $250 credit on a trip you're booking a 4 night stay on? I know it would be a double dip, that's why I ask.) Either way that is only 5 months, so I'm hoping that doesn't hurt too bad. I need to see if Arvest will tell me who they usually pull from.

Also, I'm seeing this fitness challenge in some of your signatures. Can you tell me how/where you're getting all of this info from. I'm eager to know as I have been watching my credit like a hawk, but I only have Credit Karma and my creditors scoring services to go by.

Thanks again, guys!