CITI Approval Chances

KJT · ‎02-03-2022

Almost 7 years post BK 7... Any guiidance on applying with CITI?

BK Filed 06/15 and D/C 09/15 Current FICO 8/9 Scores EQ 770/816 EX 739/753 TU 749/754 AMEX BCE $30K, Delta AMEX $10k, AMEX Platinum NPSL, AMEX Marriott Bonvoy $9.3K, AMEX Hilton Aspire $9.3K, Apple Mastercard $9K, BOA Unlimited Custom Cash Visa $10K, BOA Travel Rewards Visa $8K, BBT Travel Reward Visa $7.5K, BBT Brightstar Visa $7.5K, Target $5k, Banana Republic $7.5k, Chase Sapphire Preferred $5K, CITI Custom Cash $3K, CITI Macy's AMEX $2k, NFCU eSignature Visa $48k, NFCU CLOC $15k, NFCU AMEX Rewards $30k, Comendity NFL $30.4k, PayPal $10k, Capital 1 Wal-Mart $7k, Amazon Prime $10k, CITI-Double Cash $3k, PENFED Power Cash Reward 20k, PENFED AMEX $20K, PENFED Platinum $10k, PENFED Credit Union CLOC 1.5k, PENFED New Car Loan 6% APR 33k 72 MTHS-Paid Off, PENFED Signature Loan 19k 48 MTHS, Nordstrom 15K; Raymour $5.3, USAA AMEX Reward $18.5K, USSA Visa Reward $13.5K, Target $5K, Infiniti Q50 2019 $44K-1.9% APR 72 months-Paid Off. Total CC Limits $350K.

jcooks · ‎02-03-2022

You can check Citi pre-qual as a first start

SouthernCredit · ‎02-03-2022

Was right about 7 years post BK7 when I got approved for my Costco card. But depends on the rest of your profile.

My Credit Journey

pizza1 · ‎02-05-2022

Since there are two sides of the financial arm of Citi...Citi retail services (Home Depot, Best Buy, etc..), and Citibank (legacy card division), BK policies and approvals are very different.

The retail side is fairly easy to get, but the legacy side is more difficult with BK showing on reports still. I was 6 years post BK DC when I got approval for Coscto Visa. I had tried several times before, and I have a very thick and well established credit profile with high limit major cards as well.

BUT...I also have several new accounts and inquiries at all times, lol, so I had to cool my jets for 6-8 months before approval. Citi is inquiry sensitive, and also to new accounts.

But, approval is really profile specific on the person applying. When I applied, I had 1% revolving utilization reporting on one card only when I applied as well.

How many new accounts and inquiries do you have in the last 6mo/ 1yr?, also whats your utilization sitting at?

For people with BK showing, we have to set ourselves up sometimes to look better on paper and an UW sometimes.