jumbo wrote:Just wondering, what is the policy of CITI in credit limit increase, is there any automatic CLI, or do we need to fill out the CLI form, and if so, do CITI usually do a Hard pull or Soft pull in our credit report.
I'd really appreciate if someone knowledgable, shed the light to the questions above.
For the past year and a half, I've been initiating CLIs online, often asking for small increases like $500-$1000. The first time I was denied and ever since then I have been waiting every six months to request another, hoping that they'd eventually give me one. Today, which is when I would have requested a CLI, I discovered that they gave me a $1400 CLI. I simply logged into myCiti online (credit cards are linked with citi checking/savings) and noticed that I had a larger available credit balance than usual.
This is proof that these auto CLI do exist! I guess banks are finally loosening their belts a little