Any Citi CC issues from 100% util 1 cycle?

[Adkins]

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@Anonymous wrote:

So you were just making 3-4 payments simply because you wanted to, not because you had to due to reaching max utilization then.  I gotcha on that. 

Anyone else that topped out their utilization and saw anything adverse happen as a result?

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No, in fact I asked for more credit when the card was at ~95% use, and got it, which lowered the utilization to ~80%. We paid the card off four months after that and then got an auto increase of $3.5K without us asking. We always paid 4 to 5 times the minimum when the card was nearly maxxed. Citi didn't seem concerned but they were getting $$ in interest. (Never again, btw!)

[Gregory1776]

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@UpperNwGuy wrote:

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@Anonymous wrote:

So you were just making 3-4 payments simply because you wanted to, not because you had to due to reaching max utilization then.  I gotcha on that. 

Anyone else that topped out their utilization and saw anything adverse happen as a result?

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Yep, it happened to me.  About ten years ago I had a Citi AAdvantage card with a $40,000 credit limit.  I topped out my utilization at 99%.  They punished me by raising my APR from 13% to 20%.  I got the message.  I called them up and asked them to shut down the credit card.  Then I paid off the $40,000 I owed them over the next four years.

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Tbh, I wouldn’t be surprised. Why would you run up 40K on a Credit Card and not pay it off quick...? ☹️

[Anonymous]

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@UpperNwGuy

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Yep, it happened to me.  About ten years ago I had a Citi AAdvantage card with a $40,000 credit limit.  I topped out my utilization at 99%.  They punished me by raising my APR from 13% to 20%.  I got the message.  I called them up and asked them to shut down the credit card.  Then I paid off the $40,000 I owed them over the next four years.

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I'm surprised that you chose to close the card, effectively putting it at maxed-out utilization for 4 years rather than just keep it open but cut it up / stop using it and pay down the balance while keeping your $40k CL as part of your utilization denominator.

[CreditCuriosity]

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@UpperNwGuy wrote:

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@Anonymous wrote:

So you were just making 3-4 payments simply because you wanted to, not because you had to due to reaching max utilization then.  I gotcha on that. 

Anyone else that topped out their utilization and saw anything adverse happen as a result?

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Yep, it happened to me.  About ten years ago I had a Citi AAdvantage card with a $40,000 credit limit.  I topped out my utilization at 99%.  They punished me by raising my APR from 13% to 20%.  I got the message.  I called them up and asked them to shut down the credit card.  Then I paid off the $40,000 I owed them over the next four years.

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Gotta ask you why you ran it up to 40k and then took 4 years to pay it off? That had to of hurt..

I don't believe your situation is normal as you certainly weren't a person that PIF or even the majority of the CL if I am understanding your post correctly?  Sounds like they rate jacked you for prolonged periods of carrying balances unless I am misunderstanding you?  Just in the past 2 weeks I have got two separate APR reduction of a total of 8% each -- so obviously many things factor into these things.  will hit them up next week and go for another APR reduction on the card as got my last two approved.

[tcbofade]

...back to the original question for a moment, once upon a time, an emergency car repair got split over several credit cards...including Citi Simplicity...statement cut somewhere around 99%, and we had no difficulties, no AA, no problems.

[Anonymous]

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@tcbofade...back to the original question for a moment, once upon a time, an emergency car repair got split over several credit cards...including Citi Simplicity...statement cut somewhere around 99%, and we had no difficulties, no AA, no problems.

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Good to know, especially with maxed out utilization reported.  I've never reported more than 60% or so on my Citi card, only taken it to maxed out in between reportings.

[Anonymous]

Well, you PIF so running it that high before statement close doesnt matter.

[Anonymous]

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@AnonymousWell, you PIF so running it that high before statement close doesnt matter.

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It could.  If you barely use the card one cycle and then use it extremely heavily the next, you could PIF and still report near maxed-out utilization.  Your PIF would be based on a very low previous statement balance, say a few hundred bucks, then if you make $9k+ in purchases on a $10k limit card (for example) and just PIF the few hundred bucks statement balance, you'll end up reporting > 90% maxed out utilization.

[UpperNwGuy]

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@Gregory1776 wrote:

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@UpperNwGuy wrote:

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@Anonymous wrote:

So you were just making 3-4 payments simply because you wanted to, not because you had to due to reaching max utilization then.  I gotcha on that. 

Anyone else that topped out their utilization and saw anything adverse happen as a result?

---

Yep, it happened to me.  About ten years ago I had a Citi AAdvantage card with a $40,000 credit limit.  I topped out my utilization at 99%.  They punished me by raising my APR from 13% to 20%.  I got the message.  I called them up and asked them to shut down the credit card.  Then I paid off the $40,000 I owed them over the next four years.

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Tbh, I wouldn’t be surprised. Why would you run up 40K on a Credit Card and not pay it off quick...? ☹️

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Long, ugly divorce proceeding.

[UpperNwGuy]

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@CreditCuriosity wrote:

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@UpperNwGuy wrote:

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@Anonymous wrote:

So you were just making 3-4 payments simply because you wanted to, not because you had to due to reaching max utilization then.  I gotcha on that. 

Anyone else that topped out their utilization and saw anything adverse happen as a result?

---

Yep, it happened to me.  About ten years ago I had a Citi AAdvantage card with a $40,000 credit limit.  I topped out my utilization at 99%.  They punished me by raising my APR from 13% to 20%.  I got the message.  I called them up and asked them to shut down the credit card.  Then I paid off the $40,000 I owed them over the next four years.

---

Gotta ask you why you ran it up to 40k and then took 4 years to pay it off? That had to of hurt..

I don't believe your situation is normal as you certainly weren't a person that PIF or even the majority of the CL if I am understanding your post correctly?  Sounds like they rate jacked you for prolonged periods of carrying balances unless I am misunderstanding you?  Just in the past 2 weeks I have got two separate APR reduction of a total of 8% each -- so obviously many things factor into these things.  will hit them up next week and go for another APR reduction on the card as got my last two approved.

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Long, ugly divorce proceeding.