@Anonymous wrote:
@Anonymous wrote:opened January 2015 - Double Cash $20K (SL $2.6K)- last CLI August 2015
Anusara, question here. It looks like you took your DC limit from $2600 to $20,000 in 7 months. My question is did you get 1 or 2 CLIs during this time and were they both HPs, if it was 2, or was one a SP? I would think you took a HP following activation (and if so it would be cool to know what your limit was bumped to) and then you either took a SP at the 6 month mark or another HP at that time. Thanks for your info here!
Hey BBS!
@Anonymous are correct. I requested a HP CLI @ activation but it was declined. If I remember correctly, it was declined because Citi was uncomfortable with extending me more credit at the time. I had recently gotten a CLI on my Simplicity card. I tried again in February (within 30 days so they used the same HP - via EO office) and it was approved. I don't remember the specific amount but I believe it was (at minimum) double the SL. When I submitted my request in August (another HP), I asked for limit I wanted.
Sorry I can't be more specific but this was before I started tracking this information. I was still new to myFICO when I got these cards. Also, I have a fraud alert on my EQ profile so in the beginning my request were done via the EO which sometimes took several days to weeks to complete so I would forget to log the information. Not because I was being a hard ass but because there were some issues on their side understanding the procedure they needed to follow. It was a PITA.
You're welcome. I'm glad I could be helpful.
@Anonymous wrote:Hey BBS!
@Anonymous are correct. I requested a HP CLI @ activation but it was declined. If I remember correctly, it was declined because Citi was uncomfortable with extending me more credit at the time. I had recently gotten a CLI on my Simplicity card. I tried again in February (within 30 days so they used the same HP - via EO office) and it was approved. I don't remember the specific amount but I believe it was (at minimum) double the SL. When I submitted my request in August (another HP), I asked for limit I wanted.
Sorry I can't be more specific but this was before I started tracking this information. I was still new to myFICO when I got these cards. Also, I have a fraud alert on my EQ profile so in the beginning my request were done via the EO which sometimes took several days to weeks to complete so I would forget to log the information. Not because I was being a hard ass but because there were some issues on their side understanding the procedure they needed to follow. It was a PITA.
You're welcome. I'm glad I could be helpful.
I appreciate the feedback! So, was $20k the limit you asked for (and got it) or did you ask for something higher and were countered with the $20k? If you doubled your SL and had say a $5k-$6k limit, that means you brought it up some $14k-$15k through that HP CLI which is definitely well worth it. Do you recall what your credit scores were at the time? This is good information, as it's nice to know that at 6-7 months in Citi is willing to give out a fairly strong CLI with the use of a HP.
@Anonymous wrote:
@Anonymous wrote:Hey BBS!
@Anonymous are correct. I requested a HP CLI @ activation but it was declined. If I remember correctly, it was declined because Citi was uncomfortable with extending me more credit at the time. I had recently gotten a CLI on my Simplicity card. I tried again in February (within 30 days so they used the same HP - via EO office) and it was approved. I don't remember the specific amount but I believe it was (at minimum) double the SL. When I submitted my request in August (another HP), I asked for limit I wanted.
Sorry I can't be more specific but this was before I started tracking this information. I was still new to myFICO when I got these cards. Also, I have a fraud alert on my EQ profile so in the beginning my request were done via the EO which sometimes took several days to weeks to complete so I would forget to log the information. Not because I was being a hard ass but because there were some issues on their side understanding the procedure they needed to follow. It was a PITA.
You're welcome. I'm glad I could be helpful.
I appreciate the feedback! So, was $20k the limit you asked for (and got it) or did you ask for something higher and were countered with the $20k? If you doubled your SL and had say a $5k-$6k limit, that means you brought it up some $14k-$15k through that HP CLI which is definitely well worth it. Do you recall what your credit scores were at the time? This is good information, as it's nice to know that at 6-7 months in Citi is willing to give out a fairly strong CLI with the use of a HP.
You're welcome. I asked for $20K. These were my scores on 12/31/14 EQ 748, TU 764, EX 750. I have a few 30 day lates on a PIF auto loan so my reports are not clean. The most recent is from Jan 2013.
@Anonymous on your profile which is much better than mine was @ the time I believe you have an excellent chance of obtaining the credit limit you seek. At the time of my CLI requests, I don't think I had any high limit ($10K+) credit cards. I think you mentioned in an earlier post that your DC SL is on the low side compared to other cards you own. Do you have other cards from Citi?
@Anonymous wrote:The DC is my first Citi card. The SL on it was $7300, which many say is pretty good for that card, but compared to my other cards it's on the low end. I have 5 cards with 5-figure limits (max is a $35k Amex) and 2 cards with slightly less than the DC limit, but they are older SD cards. I'd like to move the DC limit into the 5-figures that the majority of my cards sit at. That's cool that Citi gave you the $20k limit that you asked for. Your scores were all solid though, which I'm sure helped. How are they with countering if you shoot too high? I know with some banks like Synchrony you can shoot for the stars knowing that you'll get a solid counter in the event that you shoot way too high. I'm not sure how Citi feels though if you shoot above where they would have otherwise capped you out at.
So I'm thinking I'll do the SP CLI 6 months in and see where that takes me and based on the result go ahead and do a HP CLI for the remainder of what I'm looking for.
I agree your SL on the DC is very good which is why I don't think you will have any issues getting the limit you want. I think you have a solid strategy.
Don't expect too much from the SP CLI. They tend to be small between $1000-$2000. Some people may have gotten more or less but usually they stay within that range. I don't really know how they are on counteroffers so I can't speak to it, but you should be fine.
Best of luck to you BBS!
