Ive had the Citibank Double cash card for over 2 years now with a measly $2060 credit limit and with high 700 credit scores, 6 figure yearly income and only 2% Utilization on 18 credit cards, Mortgage and no late payments
These suckas keep declining me for a simple credit limit increase.. Sock drawer it goes.. F Them!!! Im not saying im entitled But dang I KNOW im atleast a good candidate for Hell a $1000 increase atleast..sheesh smh
Anybody else want to weigh in on this?
Ok, I just got an unsolicited $5,000 CLI on my CITI Simplicity MC, bumping me up to $23,000. I have been using this card recently because they gave me a 0% on all purchases and BTs deal until April 2021. This has come in handy, as we're selling our house and had to make some repairs along with paying moving and storage costs. The CLI is just gravy on top.
Credit Cards Start Cutting Limits for People Facing Tough Times
Barclays MC was tossing me beautiful BT offers. Example: 12 months, O% int, 2% fee., etc. I could direct deposit to my bank account. Everything huggy face kissy poo. Second highest limit (even now.) One BT for $5000 PIF. Six months later BT $8000 PIF.
Did downgrade from $89 card to free one a year ago.
For the last six months current offer: 23% int, 3% fee, no direct deposit, creditor payment only. My data points steady Freddy. Mid-High 700’s. Well under 8.9% overall, all usual advice followed, not credit seeking, only one reporting balance, etc. etc.
I realize their is no direct answers, endless data points, yet any random thoughts? Curious.