Citi Double Cash CLI?

Anonymous · ‎12-14-2018

Does anyone know how Citi does CLI? I know Amex has a 3x CLI using a SP (which is incredible), but I am not sure how Citi works? Is it a SP or HP? And how often are you able to request a CLI?

Thanks everyone!

FinStar · ‎12-14-2018

It can be both OP. How long have you had the Citi DC? Is this your 1st attempt at requesting a CLI?

You definitely want to look for the SP language during the CLI request screen (a credit report will not be pulled....). Otherwise it'll be HP.

Unlike AmEx, there's no 3x scenario. With the SP language screen, the only inputs are: income and rent/mortgage IIRC.

Anonymous · ‎12-14-2018

CLI is SP. You can't request for an amount, you'll get what they give if they give. Must wait 6 months from last CLI approval, don't think there is a timeline if denied. (not sure)

longtermgardener · ‎12-14-2018

I got this card 4 years ago and they are super conservative with CLI's. I found them along with Discover and CapOne as very conservative. I started with 7K. Once I had an emergency and used this card to get $200 cash out of ATM and boom, they lowered my CLI to 5K from the next month. After that every 6 months I get CLI's anywhere between 300-1500 and right now my limit is 6950. One good thing is that it is easy to tell if it's soft pull or hard. After that if you want more, they will do hard enquiry. The AMEX which I opened last year with 20K starting limit has CL of 28.5K. I rarly use this card even through it has 2% cash back because of the way they treated me.

Wallet : AMEX Costco TE 23k, BoFA 123 Visa Signature $12.5k, Marriott rewards $5k, Discover IT $1.7k, Walmart Discover $5.5k, Cap 1 Platinum $1500, Amazon $2000

Scores: EQ 712(9/28/13), EX 728 (9/28/13), TU 717 (Credit Karma 10/26/13), TU 753 Walmart (9/03/13)
Last app : 9/28/2013

Anonymous · ‎12-14-2018

@FinStar wrote:
It can be both OP. How long have you had the Citi DC? Is this your 1st attempt at requesting a CLI?

You definitely want to look for the SP language during the CLI request screen (a credit report will not be pulled....). Otherwise it'll be HP.

Unlike AmEx, there's no 3x scenario. With the SP language screen, the only inputs are: income and rent/mortgage IIRC.

Did not know that Fin, always thought it's only HP if you wanted more than what was offered/accepted (sorta like Discover), and it will be clearly stated. 4 straight CLIs since March 2017 (6 months apart), always SP and never even thought of reading the language.

FinStar · ‎12-14-2018

IME, they're not all that conservative. I suppose it all really depends on your overall profile, income/DTI, Citi relationship and internal factors, etc. In my view, they can be a little more cautious with certain profiles, but I've also witnessed some decent CLIs.

I have 9 Citi "core" CCs. SP CLIs have ranged anywhere from $3,000 to ~$9,000. But, I've only requested CLIs on CCs that have the heaviest usage, but not too often though.

Peteyglad · ‎12-14-2018

I would agree with longtermgardener. For me Citi has always been pretty stingy on their own car credit limits. I had a DC a few years ago that didn't really grow and currently have a Premier and it is one of my lower limits even with a recent CLI (only 2k). On the other hand my Citi Hilton was at 36k.

But in answer to your main question. When you request a CLI online Citi will tell you if it will be a HP or not from their verbage.

FinStar · ‎12-14-2018

@Anonymous wrote:
@FinStar wrote:
It can be both OP. How long have you had the Citi DC? Is this your 1st attempt at requesting a CLI?

You definitely want to look for the SP language during the CLI request screen (a credit report will not be pulled....). Otherwise it'll be HP.

Unlike AmEx, there's no 3x scenario. With the SP language screen, the only inputs are: income and rent/mortgage IIRC.
Did not know that Fin, always thought it's only HP if you wanted more than what was offered/accepted (sorta like Discover), and it will be clearly stated. 4 straight CLIs since March 2017 (6 months apart), always SP and never even thought of reading the language.

Indeed, but perhaps I should clarify that it can be either or. For folks who aren't familiar with the SP language and see the request screen requiring a credit pull ... ta-da! HP. And, yes as you mentioned if the SP CLI went through and someone "desired" more, then that second request would be a HP (with no guarantee any more would be approved). It's one of those things that if you are approved via SP bow gracefully and be on your way 😄

Anonymous · ‎12-14-2018

@FinStar wrote:
@Anonymous wrote:
@FinStar wrote:
It can be both OP. How long have you had the Citi DC? Is this your 1st attempt at requesting a CLI?

You definitely want to look for the SP language during the CLI request screen (a credit report will not be pulled....). Otherwise it'll be HP.

Unlike AmEx, there's no 3x scenario. With the SP language screen, the only inputs are: income and rent/mortgage IIRC.
Did not know that Fin, always thought it's only HP if you wanted more than what was offered/accepted (sorta like Discover), and it will be clearly stated. 4 straight CLIs since March 2017 (6 months apart), always SP and never even thought of reading the language.
Indeed, but perhaps I should clarify that it can be either or. For folks who aren't familiar with the SP language and see the request screen requiring a credit pull ... ta-da! HP. And, yes as you mentioned if the SP CLI went through and someone "desired" more, then that second request would be a HP (with no guarantee any more would be approved). It's one of those things that if you are approved via SP bow gracefully and be on your way 😄

What FinStar said.

Anonymous · ‎12-14-2018

Thanks for all of the info everybody. I have only had this card for a little bit so I am nowhere near the 6 month mark, I just like to know everything about the cards I have in my wallet.