Citi Presitge

[luis999]

Hi All,

Now that citi has re-launched the citi prestige, was just after some info on how hard it is to get approved for compared to the CSR?

What sort of credit score/age of accounts etc... are required for the Prestige? 

Thanks!

Luis

[Priory_Man]

Scores need to be around 720 and up, the cleaner and thicker your history the better. Low UTIL of your other cards is favorable. I have a couple of 30 day lates on my file from about 5 years ago and I was able to get approved for it. I since PC'd it to the AAdvantage Exec because I wasn't getting the usage out of the card to make it viable.
As with any CC application other things are considered so YMMV.

[K-in-Boston]

Agree there's a lot of YMMV involved here, but overall I would say that it's going to be easier to get for most people here than a CSR (especially with 5/24) although CSR starting lines are generally going to be much higher.

[luis999]

Thanks for the replies.  My file is pretty thin:

I currently have a Fico (through Amex) of 747 with 3 cards open (1 is an AU) and an AAoA of 7 months.  CL on the highest card is $27k.

Any thoughts as to my chances for the Citi?  Was originally planning on waiting until April/May and applying for the CSR.

Thanks!

Luis

[Priory_Man]

You may be ok with that profile, 7 months is not a lot of history, that would be the only thing stopping me from saying "go for it" for sure, try the pre-qual site see what cards it offers up. https://www.citicards.com/cards/credit/application/flow.action?isInvitation=

[AverageJoesCredit]

A thin file with a 27k limit is pretty amazing but i would at least try to get my aaoa to 1 year as Citi does like a little bit of history imo.

[luis999]

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@Priory_Man wrote:
You may be ok with that profile, 7 months is not a lot of history, that would be the only thing stopping me from saying "go for it" for sure, try the pre-qual site see what cards it offers up. https://www.citicards.com/cards/credit/application/flow.action?isInvitation=

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I've tried the pre-qual site, and it doesn't match anything.  I get the message:

"we couldn't match your records to a Pre-Qualified credit card offer. See below for 1 other cards you may like."

Maybe I should wait and see if the pre-qual site gives me something in a few months.

[luis999]

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@AverageJoesCredit wrote:
A thin file with a 27k limit is pretty amazing but i would at least try to get my aaoa to 1 year as Citi does like a little bit of history imo.

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Yes, that was thanks to Amex Global Transfer as I only arrived in the US in Jan last year.  Had been an Amex customer in Australia/Canada for since 2001.

That definitely made it easier to get started, and also get a reasonable limit...

[wasCB14]

You might go for it. Maybe you'll waste an inquiry or two, but most people with that short a US credit history don't have a $27k CL (and presumably a good income) to show for it.

What is the card's appeal, if you're already considering CSR? You might want something a bit more differentiated.

[luis999]

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@wasCB14 wrote:

You might go for it. Maybe you'll waste an inquiry or two, but most people with that short a US credit history don't have a $27k CL (and presumably a good income) to show for it.

What is the card's appeal, if you're already considering CSR? You might want something a bit more differentiated.

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I'm helped by having the credit history with Amex and doing the Global Transfer (would recommend to anyone moving countries!).

Was basically deciding between the CSR and Prestige, and thought if I had a much better chance at getting one than the other, I'd go for it over the other.  Preference is still probably the CSR, but will wait a few months and try and get my AAoA a bit higher and then apply...