Requesting BT with Citi CC application

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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audio_fan
 
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Requesting BT with Citi CC application

Postby audio_fan » Mon Aug 25, 2014 8:52 am

Bad idea to request a balance transfer when applying for a Citi CC? Citi includes a space on their online application to request balance transfers and their amounts, but would they 1) do a hard credit pull; and 2) be more inclined to reject the application?


takeshi
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Postby takeshi » Tue Aug 26, 2014 12:33 pm

I think it's a bad idea with any app since the limit granted is an unknown. Always consider utilization.

MemberSince99
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Postby MemberSince99 » Sun Aug 31, 2014 11:42 am

It's also entirely possible they may grant a higher limit if you request a balance transfer. As far as utilization goes, if you are looking to transfer a balance it's probably already not the greatest and opening a new tradeline with 0% for a while will help overall utilization and hopefully let you pay down that balance. If that's the case then not a bad idea.



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