@Anonymous wrote:
I was recently approved for the Citi Double Cash card with a limit of $7,200. This is low compared to my other credit lines.
You cannot simply assume that a creditor/product should match or offer a similar amount of credit as another creditor/product. I've had several new cards start out at $5K despite having a number of cards at $20-30K. Creditors do not simply match limits and what you qualify for is determined at time of consideration and is not based on your existing limits. Your limits factor into your credit profile but they're just one factor among many. Your entire credit profile matters.
@Anonymous wrote:
My main question is how high of a CLI should I ask for from Citi?
We can't tell you that. The limit you qualify for is based on your credit profile and income verus the creditor's/product's underwriting critieria. Underwriting criteria are not the same across the board and we're not aware of the details for any creditor/product.
@Anonymous wrote:
Thanks for the quick reply! As to the APR, I can't help but wonder what criteria they are looking for.
Same stuff applies for APR. No creditor is looking for just one thing. Never hurts to ask but odds are if you qualifed for better you probably would have been granted better.
If you receive a letter indicating score and why you didn't qualify for best terms you can use that as a starting point.
