Citi credit limit decrease

[Roadgeek395]

Yesterday I woke up to an email from Citibank. They decided to give me a credit limit decrease from $18,000 to $15,000. It's not that big a deal, but to be honest, I was kind of bummed out because this is the first time this has happened to me in the nearly 10 years I've been in the credit card game.

Oh well, life goes on. Just thought I would share my story.

[CreditCuriosity]

Got it as well and called them and asked them to reinstate it and the request was put in and likely will go through they cut one of my citi custom cash from 20k to 15.1k i believe.  Think they have done it a few years back and was reinstated as well.  No loss etiher way as don't need it but worth a two min call on letter.

[Roadgeek395]

I did an online chat and they put in a request for my credit limit reinstatement. We will see how it all plays out.

[ElvisCaprice]

   Hi @Roadgeek395 , Slashed mine, voluntary CLD,  upon issuance, they wanted to give me excessive SL's to open.  3 CC's with Citi for 4k total CL.  I don't think I'll ever have to worry about an issuer CLD.  

[Roadgeek395]

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@ElvisCaprice wrote:

   Hi @Roadgeek395 , Slashed mine, voluntary CLD,  upon issuance, they wanted to give me excessive SL's to open.  Was automatic, the CLD.  3 CC's with Citi for 4k total CL.  I don't think I'll ever have to worry about an auto CLD.  

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So we meet again, @ElvisCaprice 🤣

I'm glad you enjoy your low CL, so you don't have to worry about any auto CLD. I put in a request to reinstate my CL, you know, because I want to brag about it 😜

Enjoy the rest of your weekend, buddy😁

[BrutalBodyShots]

Hey @Roadgeek395. Sorry to hear about the CLD. Can you share what your typical spend/statement balances were monthly against your then $18k limit? Citi is known to reduce limits on accounts that are going largely unused. I experienced one as well maybe 4 or 5 months back where my limit was dropped from somewhere around $38k to $28k. It's a Custom Cash that I use for gas though, so it sees nothing better than a 3-figure monthly spend. Completely understandable why they slashed the limit.

[Roadgeek395]

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@BrutalBodyShots wrote:

Hey @Roadgeek395. Sorry to hear about the CLD. Can you share what your typical spend/statement balances were monthly against your then $18k limit? Citi is known to reduce limits on accounts that are going largely unused. I experienced one as well maybe 4 or 5 months back where my limit was dropped from somewhere around $38k to $28k. It's a Custom Cash that I use for gas though, so it sees nothing better than a 3-figure monthly spend. Completely understandable why they slashed the limit.

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My typical spend is the round $500 or less. It is a Citi Custom Cash, so are situations are very similar.

[crystal626]

I'm waiting for some issuers to CLD me too. My monthly spend is laughably low for the limits I have. I don't even spend half of a percent of my total credit limit most months.

Citi gets a few hundred a month from me at the most yet I've got $13K between two cards with them. I'm sure my time is coming.

[BrutalBodyShots]

You and I are on the same page, @crystal626!

[ptatohed]

I have one citi CC at $11,600 (my original, applied for, CC) and one citi CC at $7,500 (my converted Rewards+), and a citi DC at $12,000.  

In theory, the CCs need to be no more than $500, lol.  And the DC?  Can be $0 as far as I'm concerned....... except that, oh yeah, I need it for paze...........  LOL!   

(Don't forget, the citi DC can be a 3% card if you pay the bill with the right 1% debit card!    )