Citi Dividend World Master Card...need help!

[Anonymous]

My old citi dividend is being converted to this new World Master card....can anyone please confirm with me that if this card reports a credit limit or not?

If it doesn't report a credit limit, what is the reason of getting a CLI on this card in the future and how much would it effect my credit score if I keep paying it in full every month? I need these information so I can decide if I should try really hard to ask citi to reverse this conversion...thanks for any advice! 

[Anonymous]

bump..waiting response

[Ron1]

No , they don't report CL. and they only report the balance.

Ron.

[fused]

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@Ron1 wrote:

No , they don't report CL. and they only report the balance.

Ron.

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I haven't heard that. Do you have the new CITI card? Has it updated on your reports.

[vanillabean]

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@fused wrote:
I haven't heard that. Do you have the new CITI card? Has it updated on your reports.

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Less than a year ago, DW got a Citi Platinum AAdvantage MC card, which doesn't report the CL

[fused]

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@Anonymous-own-fico wrote:

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@fused wrote:
I haven't heard that. Do you have the new CITI card? Has it updated on your reports.

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Less than a year ago, DW got a Citi Platinum AAdvantage MC card, which doesn't report the CL

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Ron is correct, I just pulled my reports and it is confirmed. The new CITI Dividend World MC card does not report a CL or a highest balance. Does your wife's CITI card report a high balance in lieu of a CL? If there is no CL or high balance reporting, the card will NOT factor in FICO util calculations. 

[vanillabean]

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@fused wrote:

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Ron is correct, I just pulled my reports and it is confirmed. The new CITI Dividend World MC card does not report a CL or a highest balance. Does your wife's CITI card report a high balance in lieu of a CL? If there is no CL or high balance reporting, the card will NOT factor in FICO util calculations. 

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No, her Citi card does not report its high balance either, to any CRA.

[fused]

For the life of me, I cannot figure out why CITI and others are doing this. How do they benefit from all of this? I still haven't figured it out. 

[moonman]

I believe for the higher merchant fees

[fused]

How does reporting tie into merchant fees?