Citi "Love Button"

[creditperson]

I have two Citi cards. Currently when I check on my cards online via the Citicards website one of my cards has the "love button" live that says "request credit line increase." Are there any potential negatives to hitting it? I have applied for and received a lot of credit within the last few months with Citi and other creditors and I do not want to rock to boat. If I can hit the love button and it will not give me a hard inquiry or potentially hurt my credit I would like to take advantage of it. What are your thoughts?

[guillermo]

I have two Citi cards. Currently when I check on my cards online via the Citicards website one of my cards has the "love button" live that says "request credit line increase." Are there any potential negatives to hitting it? I have applied for and received a lot of credit within the last few months with Citi and other creditors and I do not want to rock to boat. If I can hit the love button and it will not give me a hard inquiry or potentially hurt my credit I would like to take advantage of it. What are your thoughts?

 

 

Go for it.....

[TrevorHere]

It's a soft pull only for clicking it - it will either approve you, decline, or a form will come up requesting more info. If the form does come up and you fill it out and submit - a hard will be pulled.

[shaft]

There are plenty of threads around here about Citi's Love Button and how it works.

 

1) You click on the Love Button and you receive an instant increase without a hard inquiry (amount varies).

2) You click the button and a form comes up, almost looking like an application. If you fill out that form and hit submit, they will pull your report and you're not guaranteed the credit limit increase.

Edited January 17, 2010 by shaft

[shaft]

I have two Citi cards. Currently when I check on my cards online via the Citicards website one of my cards has the "love button" live that says "request credit line increase." Are there any potential negatives to hitting it? I have applied for and received a lot of credit within the last few months with Citi and other creditors and I do not want to rock to boat. If I can hit the love button and it will not give me a hard inquiry or potentially hurt my credit I would like to take advantage of it. What are your thoughts?

 

 

Go for it.....

 

 

[Mike SIU]

As Trevor said if you get the form don't continue.

 

Citi is pretty good with the CLI's

[nothingtolose]

As Trevor said if you get the form don't continue.

 

Citi is pretty good with the CLI's

 

that's been my experience as well (soft pull CLIs every 3 mo)

[GEORGE]

IF THERE IS A FORM TO FILL OUT...run the other direction

[boobsANDbrains]

As Trevor said if you get the form don't continue.

 

Citi is pretty good with the CLI's

 

that's been my experience as well (soft pull CLIs every 3 mo)

 

Every 3, not the standard 6?

 

Makes applying for that Forward card look even better...

[StuffFromDennis]

Would anyone happen to know if its the same way on the business cards?

 

I don't have any Citi based business V/MC's but I have a LOT of store cards (Staples, Home Depot, Office Depot, etc)...

 

Some of my business limits are already rather high (Home Depot is $8200!), some are kinda low in comparison (Office Depot, $3000).

 

I've never seen any kind of CLI on any Citi Business card and I've had all of them for 3+ years. No lates.

[boobsANDbrains]

I have two Citi cards. Currently when I check on my cards online via the Citicards website one of my cards has the "love button" live that says "request credit line increase." Are there any potential negatives to hitting it? I have applied for and received a lot of credit within the last few months with Citi and other creditors and I do not want to rock to boat. If I can hit the love button and it will not give me a hard inquiry or potentially hurt my credit I would like to take advantage of it. What are your thoughts?

 

Why not freeze your reports & force them to soft pull?

[Hazzard]

If they are an existing creditor, they can still hard pull even if you have frozen you reports.

[GEORGE]

If they are an existing creditor, they can still hard pull even if you have frozen you reports.

BUT THEY DON'T

[Hazzard]

But they can. If you can not tolerate a hard pull (going for a mortgage, etc...) best not to take the chance.

Edited January 24, 2010 by Hazzard

[GEORGE]

But they can. If you can not tolerate a hard pull (going for a mortgage, etc...) best not to take the chance.

(me)--->"HARD FREE or DON'T BOTHER"

[visa ftw!]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

[GEORGE]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

A HARD WITH-OUT FILLING OUT A FORM???

 

Edited January 24, 2010 by GEORGE

[Ms_B_Haven06]

As Trevor said if you get the form don't continue.

 

Citi is pretty good with the CLI's

 

Yes they are. I just went from $7800 to $9300 yesterday. I gotta love Citi......

[visa ftw!]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

A HARD WITH-OUT FILLING OUT A FORM???

 

 

Yes; all I did was click the button to see if they could increase my CL. I'd done it before and there was no form, it was instant.

In 2009, I did that, and the next thing I know they told me they would send me a decision by mail. And then when I got hte decision ("No"), it told me it had based it on the information they pulled from TU and that I had blah blah amount of time to request my report from TU.

 

I assume that is a hard, since the inq. shows up and they told me I could get my TU report.

 

I have been waiting patiently to find another bank until this all blows over.

[more credit less cash]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

A HARD WITH-OUT FILLING OUT A FORM???

 

 

Yes; all I did was click the button to see if they could increase my CL. I'd done it before and there was no form, it was instant.

In 2009, I did that, and the next thing I know they told me they would send me a decision by mail. And then when I got hte decision ("No"), it told me it had based it on the information they pulled from TU and that I had blah blah amount of time to request my report from TU.

 

I assume that is a hard, since the inq. shows up and they told me I could get my TU report.

 

I have been waiting patiently to find another bank until this all blows over.

 

When you click Bofa luv button, it opens a page with a message that says they may pull credit. So it never was a guaranteed soft pull CLI.

[GEORGE]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

A HARD WITH-OUT FILLING OUT A FORM???

 

 

Yes; all I did was click the button to see if they could increase my CL. I'd done it before and there was no form, it was instant.

In 2009, I did that, and the next thing I know they told me they would send me a decision by mail. And then when I got hte decision ("No"), it told me it had based it on the information they pulled from TU and that I had blah blah amount of time to request my report from TU.

 

I assume that is a hard, since the inq. shows up and they told me I could get my TU report.

 

I have been waiting patiently to find another bank until this all blows over.

I have instant DENIED (just by pushing the link) but not a HARD

[GEORGE]

Everyone says that about "if there's a form," but that is not always true.

 

People said that left and right about the BOA love button last year, and I did it in early 2009.

It then told me I'd get my decision by mail. The mail decision was after they pulled my credit report, and it showed up in my CR history. I would tread lightly, OP. Very lightly.

A HARD WITH-OUT FILLING OUT A FORM???

 

 

Yes; all I did was click the button to see if they could increase my CL. I'd done it before and there was no form, it was instant.

In 2009, I did that, and the next thing I know they told me they would send me a decision by mail. And then when I got hte decision ("No"), it told me it had based it on the information they pulled from TU and that I had blah blah amount of time to request my report from TU.

 

I assume that is a hard, since the inq. shows up and they told me I could get my TU report.

 

I have been waiting patiently to find another bank until this all blows over.

 

When you click Bofa luv button, it opens a page with a message that says they may pull credit. So it never was a guaranteed soft pull CLI.

THIS IS ALL IT SAYS FOR CITIBANK--->Request a Credit Line Increase

 

Says nothing about HARD or SOFT or NONE

[verdegallardo]

Has anyone gotten a hard from CITI by using the love button? Just got a forward card for restaurants and in the future plan to ask for some love

[hdporter]

Has anyone gotten a hard from CITI by using the love button? Just got a forward card for restaurants and in the future plan to ask for some love

 

Only when presented with "the form" that requests income and bank account info. Quit out of that rather than complete and submit and it won't generate a hard.

 

DW & I have received over 50 Citi CLI's on various cards in the last 3 years through the "luv button" without a hard pull.

[NorCalR1]

After 25K its always the form. I still try regardless, but haven't been able to get a CLI......unless I fill out the form and take a hard inquiry, which I am not willing to risk at the moment.