Citi Credit Limit Increase!

Anonymous · ‎02-20-2015

Figured i'd try for a credit limit increase on my year old Citi Simplicity.

The initial limit on my card was $6000

It dropped to $5800 because I moved $200 to make my Double Cash balance an even $3000

Just did a SP CLI increase and was instantly approved for a $1600 increase to $7400

I don't really use this card anymore, but an increase is great because it will help my utilization percentage

gdale6 · ‎02-20-2015

@Anonymous wrote:
Figured i'd try for a credit limit increase on my year old Citi Simplicity.

The initial limit on my card was $6000
It dropped to $5800 because I moved $200 to make my Double Cash balance an even $3000

Just did a SP CLI increase and was instantly approved for a $1600 increase to $7400

I don't really use this card anymore, but an increase is great because it will help my utilization percentage

Grats on your Citi CLI

Anonymous · ‎02-20-2015

@Anonymous wrote:
Figured i'd try for a credit limit increase on my year old Citi Simplicity.

The initial limit on my card was $6000
It dropped to $5800 because I moved $200 to make my Double Cash balance an even $3000

Just did a SP CLI increase and was instantly approved for a $1600 increase to $7400

I don't really use this card anymore, but an increase is great because it will help my utilization percentage

Thats great, how long you waited prior this SP CLI? I am still waiting for mine. I don't want to waste another HP for a CLI.

Anonymous · ‎02-20-2015

I waited a year. You can look on the Citi website and it will tell you under the online credit line increase section whether your pull will be SP or HP. You can also counter with a higher limit if you want to try your luck after getting approved.

EW800 · ‎02-20-2015

@Anonymous wrote:
Figured i'd try for a credit limit increase on my year old Citi Simplicity.

The initial limit on my card was $6000
It dropped to $5800 because I moved $200 to make my Double Cash balance an even $3000

Just did a SP CLI increase and was instantly approved for a $1600 increase to $7400

I don't really use this card anymore, but an increase is great because it will help my utilization percentage

Congratulations on your CLI!

Year 2012: All Scores in the 520 range, during a foreclosure, CC Settlement and high UTIL. Very ugly days...
Sept 2024: EX8: 847; EQ8: 850; TU8: 848 -- Middle Mortgage Score: 821
In My Wallet: Discover $73.7K; Cap1 Venture $51.7K; Amex ED $38K; Amex Optima $2.5K; Amex Delta Gold $18K; Citi Costco $24.5K; Cap1 Plat $8.4K; Barclay $7K; Chase Amazon $6K; BoA Plat $21.6K; Citi TY Pref $22K; US Bank $4K; Dell $5K; Care Credit $6.5K. Total Revolving CL: $300K+
My UTIL: Less than 1% - Only allow about $20 a month to report, on one account. .

MissMoni223 · ‎02-20-2015

CONGRATS!!!

Gardening Until Further Notice
15 Credit Cards (12 Major Banks & 3 Store Cards)

Anonymous · ‎02-20-2015

Normally you have to wait for 6 months.

uswala · ‎02-20-2015

Congrats on the CLI!

Anonymous · ‎02-24-2015

Congratulations!

Anonymous · ‎05-05-2015

@Anonymous wrote:
Normally you have to wait for 6 months.

They seem to be lenient about this.

I called them one time to request a CL increase (last time was over a year ago). They did an instant check and I was denied. The following week I called again and explained I should be eligible (I have a 809 FICO and been paying off balance every month). They put me on hold to speak with a "credit specialist" and came back saying they can run it again.

I ended up getting a $11k CL (from $5.5K) instantly. Both were SP.