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Update Regarding CITI Reallocation Procedures

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UFGuy2006
Established Contributor

Update Regarding CITI Reallocation Procedures

To my surprise Citi is performing credit line reallocations! Here is some information tho regarding this process:

 

1. Reallocations can only be done between accounts older than 6 months

2. New account reallocations (reallocation from an existing card older than 6 months to a newly approved card) can only be done after the new account has 1 billing cycle

3. Any reallocation request requires a credit pull (regardless if its for a reallocation to a new account or an other existing account)

4. Reallocation could only be done for up to 10k of the credit limit

5. Reallocations can only be done once every 6 months across any Citi cards (similar concept to the Amex rule).

 

Hope this information is useful!

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Anonymous
Not applicable

Re: Update Regarding CITI Reallocation Procedures


@UFGuy2006 wrote:

To my surprise Citi is performing credit line reallocations! Here is some information tho regarding this process:

 

1. Reallocations can only be done between accounts older than 6 months

2. New account reallocations (reallocation from an existing card older than 6 months to a newly approved card) can only be done after the new account has 1 billing cycle

3. Any reallocation request requires a credit pull (regardless if its for a reallocation to a new account or an other existing account)

4. Reallocation could only be done for up to 10k of the credit limit

5. Reallocations can only be done once every 6 months across any Citi cards (similar concept to the Amex rule).

 

Hope this information is useful!


I wish I transferred my credit line of my forward to my dividend before I cancelled it...oh well...

Message 2 of 2
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