Re: Re: Re: what is easiest citibank card to ge Hey pic, the idea was to apply for both CitiAA cards at the same time. If you did get the Gold, go back right away and try the silver, or vice versa. Also, once you get the card, ask them for higher limits using the reason 'transfer balances from another card'. If your limit is $1200, then say you would like to transfer a $1500 balance and need a little extra room left over, so please raise my limit to $2000. Worked for me. I received $1500 on my silver and before I activated it got it raised to $3000. Gold went from $2600 to $5200. The trick is to negotiate before activating the cards with the reason you would like to balance transfer. If they say no, tell them that you will decide whether or not to activate the cards and then wait a few moments and call back to get someone different. I wouldn't worry about your interest rate at this moment, focus on getting the limits up since it seems to be more important to you, and if you pay your balances mostly off each month. I've had my cards for 7 months now and at the 6 month period they gave me additional cl increases: $1k on my silver and $1200 on my gold. I have since negotiated the interest rate down, but I can't remember to what. Good luck
Gosh, after that huge long vent I'm glad someone(!) replied specificially!! I am guessing your new credit was not reporting and with only 3 inq you went through with flying colors. Count it as a personal thing, but I WILL get citi and amex cards again someday! Sheep, thank you dahlin, and it was the chase BIZ card I didn't know the limit on yet, but the cards came today and we got a whoppin 7k. Oh well, it's a foot in da door with them for biz. The good news is they only pulled dh's TU (no bk there!) and I figure if we charge it up and pay it off every month they'll bump it up. My personal chase was 10k but I didn't pg the biz one. (we are spreading out those inqs remember ?) Now we're wondering what mbna biz is going to deal in. I appreciate the opportunity to vent, since no one here at home is as interested in this as me. I am the one taking care of the business end of things and working on the expansion. (paper shuffle Gotta have vision, right? No can do without working capital. And I love it that it doesn't report on my credit report! wahoo! If I'd have been smarter I'd have gotten a rewards card (I didn't like the higher interest - but duh if I am paying them off I'd like mileage!) - should I think about a biz rewards card in the future instead of personal? I'm a little scared to get any more personal credit, but what I don't understand, is if I have the income for it, why do they hold that against you? There are people on this board who have far more credit than me and it doesn't seem to hurt. I was wondering if always paying off before the statement cycles so it reports a zero keeps a higher score? (aka "does fico like zero balances?") The creditor I'm assuming likes it to be used but paid off, so I just wondered what drove scores the highest? I have been really surprised that the reporting of all these new lines has hardly moved my score.
i know for a fact that it is better to have a small balance on an accounts versus $0 balance if youre other cards have a high balance. A $0 balance card is NOT weighed into the utilization ratio. Also, many cneters have stated that companies will close your account if you continue to pay off the balance every month because the company is not making any interest money off of you, plus the account is supposed to be "revolving" instead of "charge account." However, I as a consumer have mixed feelings about this because I would think that the company likes consumers that pay off quicker, but financially the company is not making a profit off you because of no finance charges.
Re: Re: what is easiest citibank card to ge If biz is anything like personal, you'll be offered CL increases every 6 months. You'll be able to see that they're available via your online account access. For months I saw "request CL increase" on my account and I thought that it would require a hard pull. Little did I know that the increase was sitting there, waving at me, saying "come get me." What a putz. Then a CSR helped me see the light. I won't make that mistake again.
i know for a fact that it is better to have a small balance on an accounts versus $0 balance if youre other cards have a high balance. A $0 balance card is NOT weighed into the utilization ratio. Also, many cneters have stated that companies will close your account if you continue to pay off the balance every month because the company is not making any interest money off of you, plus the account is supposed to be "revolving" instead of "charge account." However, I as a consumer have mixed feelings about this because I would think that the company likes consumers that pay off quicker, but financially the company is not making a profit off you because of no finance charges.
You cannot be serious?! Who closes accounts you pay off? I thought having too many cards with a balance hurt your score?? When I paid off my cards my scores went higher. Brother, we cannot win for losing. The cra's want it one way, the creditors want another way and we want yet another. Sheep sweety, you just have to be smarter than the card.....lol jk.
Re: Re: what is easiest citibank card to ge RJ - I found this comment very interesting because I have a card with a high limit and a zero balance. I was ready to run out and charge something just to improve my utilization. Then I studied a recent set of FICO score explanations on my EQ report and my 10% utilization *did* take into consideration the large, unused CL. I'm not doubting what you're saying, just need some clarification.
Re: Re: what is easiest citibank card to ge thats stupid, every time you charge anything, the company gets a cut. Citibank told me flat out because you charge so much with us per month ($4000+) thats why you are a valued customer. They can easily make just as much or more on % charge sale than on interest, and that money is risk free if you pay it in full each month
Re: Re: what is easiest citibank card to ge Ok I have another citibank question. I called today because I applied for the silver last night and I was declined. Heh, I got the gold but not the silver. anyway, she said on the platinum smart card(or heck maybe she made a mistake and it was the silver) that I was only turned down because I have more than 25k in revolving debt. However, 21k of that is a LOC from my 80/20 loan. After I explained this she stated they only do reconsideratins if the revolving debt is a home equity LOC so she is putting it up. Do my chances look good?> Also, how good is the platinum smart chip card? Do they give good cls? should I try and convert it on the off chance I get it?
Re: Re: Re: what is easiest citibank card to ge ok, guess im wrong, but it worked that way on my report. I have some accounts with a 0 balance, high credit limit and i counted only the accounts with balance and the utilization on my calculator matched what the fico reports. However, i added the accounts with a 0 balance into the credit limits of the accounts with a balance AND get a lower utilization number on calculator, but FICO reports same utilization as calculator for accounts with a balance. But, I do agree with you that it is negative to have many accounts with balances because that is my second reason code after short credit history.
Re: Re: Re: Re: what is easiest citibank card to ge If you're really in the mood to scratch your head, my EQ report has a positive score factor entitled "You have a low proportion of balances to credit limits on your revolving/charge accounts" and a negative score factor entitled "The amount owed on your accounts is too high." - and I only have revolving/charge accounts. Have fun with that! As my dad used to say, "the hurrier I go the behinder I get."
I am sooooo believing this. (can't win for losing). Re: the above comment about heloc, they told me the same thing and reconsidered and still turned me down for inqs and new credit. The question is: people on this board get tons of citi credit and have tons of other unsecured (not heloc) credit lines. So what's the problem? Did they change their guidelines? Anyone?
Re: Re: what is easiest citibank card to ge I CAN'T EVEN GET IN THE FRONT DOOR...SO DON'T ASK ME!!! But I do have $21,700 WITH CITIBANK (PLATINUM SELECT) DOING BDD'S and 1/2 BDD and their one year automatic increase...
George, when you do bdd or 1/2bdd do you ever have more than 2 inqs or credit lines newer than 6 mos reporting?
ps.....George what have they denied you for? What "reasons"? have they ever said you have too much in (available) credit obligations? (I could charge mine up and still DTI but it apparently was over their threshold if they included my heloc!)
Re: Re: what is easiest citibank card to ge I DON'T REMEMBER ABOUT INQUIRES... I probably had new credit...don't exactly remember... I had ZERO INQUIRES on EQUIFAX the last time I did BDD...BUT THEY DID EXPERIAN!!!! What happened to EQUIFAX~~GUARANTEED???
