Credit limit increase or another card and transfer limits?

**paparoach429** · Nov 3, 12, 11:03 pm

So as the title says, as far as my Citi Forward card, I've had the card for 1 year and 8 months with no increase yet. Should I ask for a credit limit increase with that card or possibly apply for another Citi card and transfer the credit limit? Whats the best utilization on that card I should have before I ask for the increase? Should I lower it it that amount and wait a certain amount of time or it doesnt matter? If i ask for a relatively low increase with they do it on a soft pull? Whats the best reasons I should give them to make it possible? My limit is $1800, I would like it to be 3k +.

**cashback** · Nov 3, 12, 11:07 pm

Just ask for an increase. A year and 8 months is plenty of time for an increase. It will not affect your credit score and with Citi you can do it right online. When I did an increase with them I wanted to increase it by about $7000 and they came back with an increase of $4000. While they didn't give me what I wanted, at least they counter offered and didn't just deny it.

**paparoach429** · Nov 3, 12, 11:56 pm

Was that with a hard or soft hit? Also where exactly is the link to do it online since I've looked for it multiple times and cant find it. Also, is there an advantage on doing it over the phone or online? And what is the best "route" to take on asking for the increase and not getting denied?

**cashback** · Nov 4, 12, 12:06 am

Originally Posted by paparoach429

Was that with a hard or soft hit? Also where exactly is the link to do it online since I've looked for it multiple times and cant find it.

All I know is it wasn't a hard hit because it didn't show up on my report. None ever have with any company I've asked an increase(yes I have been denied before). To get there, sign into your account and at the top there should be a button that says "Tools & Services." That's where it is for me.

Also, is there an advantage on doing it over the phone or online? And what is the best "route" to take on asking for the increase and not getting denied?

I've only ever done it online. And I don't think there is an exact science to it. Just remember, whether your offer is accepted or denied, with most companies you can't ask again for 6 months. My credit has never been hurt from asking for an increase. Just my opinion, but don't be scared to ask. The worst they can say is no try again in 6 months.

I think I've requested an increase at least 8 times with my Amex card over the 5 years I have had it. Some denied. Some approved. You can't get to 25K CL without asking!

**paparoach429** · Nov 4, 12, 12:13 am

Thats what I've read on other sites (theres supposed to be a tools and services button" but mine only has "services", and theres nothing under it showing credit line increase.

**cashback** · Nov 4, 12, 12:39 am

Originally Posted by paparoach429

Thats what I've read on other sites (theres supposed to be a tools and services button" but mine only has "services", and theres nothing under it showing credit line increase.

Well that's strange... guess you have to give em a call then...

**circle_k** · Nov 4, 12, 12:41 am

I would ask for more than I wanted. If you want 3K ask for at least 5K. The best answer for why you want more credit is because you want to make your utilization look better.

**paparoach429** · Nov 4, 12, 9:18 am

So I found the link online. It wasnt under the normal Citibank.com that I normally use, I think it was under Citicards.com.. Anyways, I requested it to be increased to $4k and it automatically got denied. I called and she said shes going to forward it to the department that handles that and to call back in a half an hour. At this point what are my chances of getting SOMETHING!? I dont want to have wasted the hard pull for nothing.

**cashback** · Nov 4, 12, 12:14 pm

It's not a hard pull. Just call em back and see if they can give you something.

**bisbicos** · Nov 4, 12, 1:53 pm

Just make sure you use the card alot so they have a reason to increase your limits. I got my forward card in 2010 and sonce then I have gotten 2 CLI. I started with 3500 and now its at 11,900. Both of them were not hard pulls.

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Credit limit increase or another card and transfer limits?