@Sharingan wrote:As I have mentioned in previous threads, I would strongly encourage those who are getting pre-approvals for the highest advertised interests for this card (or any, really) to hold back that urge to accept the offer and wait for better ones. It's not about revolving a balance, but rather how likely it is that you will be dissatisfied with the limit provided if Citi already finds you deserving of such a terrible rate. It should go without saying to those familiar with the term risk that most banks, barring Capital One, do not usually assign high starting limits for those who qualify for the highest interest rates. How many with 23.xx% rates on the Chase Freedom and Discover It cards received 10-20,000+ SLs on them? The Double Cash is not the only popular credit product that is quite restrictive to those who qualify for such rates. I'm actually surprised that Synchrony hasn't been accused of low and atypical SLs given how many posts there are of people having to get on the phone with Credit Solutions immediately after their approvals...
Regardless, a 750-760+ EX and EQ score was enough for the lowest rate at the time of my DC (pre-)approval (12.99%) and a $6,000 SL. I definitely believe I would've received more if my overall exposure limit with Citi wasn't divided amongst six of their cards then, but I was still okay with the limit at the time. I have definitely heard of $15-20,000+ instant approvals on the Double Cash; but I have yet to hear of anyone get a low SL on the DC and receive a significantly higher limit on another Citi card a short time later (within a month or so). Chances are, what you get on the DC is probably what you would have received on the Diamond Preferred, Simplicity, TY Preferred, TY Premier, or any of their cards with no minimum starting limit. I don't believe those silly conspiracy theories about the 2% CB rewards causing low SLs. If so, what's the excuse for the Diamond Preferred
?
I agree with you 100%. This forum is filled with comments about folks being unhappy with their initial limits and APRs. I know it can be hard to ignore preapprovals, but sometimes it's in our BEST interest.
i do have a question on this. has anyone negotiated an apr reduction and a CLI with citi on DC?
Scores going into DC were great ....
-J
@Sharingan wrote:As I have mentioned in previous threads, I would strongly encourage those who are getting pre-approvals for the highest advertised interests for this card (or any, really) to hold back that urge to accept the offer and wait for better ones. It's not about revolving a balance, but rather how likely it is that you will be dissatisfied with the limit provided if Citi already finds you deserving of such a terrible rate. It should go without saying to those familiar with the term risk that most banks, barring Capital One, do not usually assign high starting limits for those who qualify for the highest interest rates. How many with 23.xx% rates on the Chase Freedom and Discover It cards received 10-20,000+ SLs on them? The Double Cash is not the only popular credit product that is quite restrictive to those who qualify for such rates. I'm actually surprised that Synchrony hasn't been accused of low and atypical SLs given how many posts there are of people having to get on the phone with Credit Solutions immediately after their approvals...
Regardless, a 750-760+ EX and EQ score was enough for the lowest rate at the time of my DC (pre-)approval (12.99%) and a $6,000 SL. I definitely believe I would've received more if my overall exposure limit with Citi wasn't divided amongst six of their cards then, but I was still okay with the limit at the time. I have definitely heard of $15-20,000+ instant approvals on the Double Cash; but I have yet to hear of anyone get a low SL on the DC and receive a significantly higher limit on another Citi card a short time later (within a month or so). Chances are, what you get on the DC is probably what you would have received on the Diamond Preferred, Simplicity, TY Preferred, TY Premier, or any of their cards with no minimum starting limit. I don't believe those silly conspiracy theories about the 2% CB rewards causing low SLs. If so, what's the excuse for the Diamond Preferred
I am prequalified for 5 citi cards with APRs anywhere from 15.24% to 23.24% depending on the card. What do you make of that? How does one even decide which card to apply for? 15.24% may not grant a decent starting limit.
Citi can be all over the charts sometimes.
For example i accepted a preapproval for Simplicity Card back in December with a firm attractive 12.24% APR after 21 months 0% right?
However they approved the starting limit of only $1K on a double-pull at that. 
Needless to say frustration got the better of me on that one and i closed it that same week and ate the HP's & AAOA hit.
I am happy though that they made up for it recently on my Aadvantage approval. (still popped a double-pull for it)
@CreditMagic7 wrote:Citi can be all over the charts sometimes.
For example i accepted a preapproval for Simplicity Card back in December with a firm attractive 12.24% APR after 21 months 0% right?
However they approved the starting limit of only $1K on a double-pull at that.
Needless to say frustration got the better of me on that one and i closed it that same week and ate the HP's & AAOA hit.
I am happy though that they made up for it recently on my Aadvantage approval. (still popped a double-pull for it)
Out of curiousity, didn't you close the Simplicity literally right after approval? I guess these things are all automated because I'm honestly surprised it would even report (AAOA hit you mentioned) with being closed so quickly. Of course the HPs would have stayed but I would think cancelling before the card is even mailed out would possibly stop it from reporting.
Must resist urge to app and wait for a better offer 
@kdm31091 wrote:
@CreditMagic7 wrote:Citi can be all over the charts sometimes.
For example i accepted a preapproval for Simplicity Card back in December with a firm attractive 12.24% APR after 21 months 0% right?
However they approved the starting limit of only $1K on a double-pull at that.
Needless to say frustration got the better of me on that one and i closed it that same week and ate the HP's & AAOA hit.
I am happy though that they made up for it recently on my Aadvantage approval. (still popped a double-pull for it)
Out of curiousity, didn't you close the Simplicity literally right after approval? I guess these things are all automated because I'm honestly surprised it would even report (AAOA hit you mentioned) with being closed so quickly. Of course the HPs would have stayed but I would think cancelling before the card is even mailed out would possibly stop it from reporting.
Unfortunately it DID report and posted to the CRA's 1 month OK 
I did literally close that card early by calling in but i knew they would still allow it to report. Others said it would and it did.