Initial limits, APR's and CLI's are all determined based on what one's credit and income qualify for. Despite the popularity of the meme on credit discussion sites, do not rely solely on usage. It is impossible for us to tell you what CLI you may or may not qualify for. The only way to find out for certain is to request the CLI and in many cases that will incur a hard pull.
rsudhakar948 wrote:And i have high utilization ratio
That won't help you. If you want the best possible odds then get your credit in the best possible shape. Get your revolving utilization down and address any other deficiencies.
rsudhakar948 wrote:Would citi approve my request for credit line increase or do i have to wait for a month or so to request a credit line increase.
Time is only relevant for Citi's policiies and I can't comment on them. You can contact Citi directly to verify if you qualify to request a CLI. CLI's are never simply exchanged for time if that's what you're asking.