Just applied and got approved for the Citi Double Cash card

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
16 posts
Kathiee
 
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Joined: Mon Sep 05, 2016 4:22 pm

Re: Just applied and got approved for the Citi Double Cash card

Postby Kathiee » Sun Sep 11, 2016 6:49 pm

:confused: 0Vattene,
thank you for your response. I am a widow trying to learn the ropes, I'm refinancing my house and part of the agreement is the bank paying off and closing my current credit cards. The Citi double cash card will be my 1st new card that I'll be using for everyday purchases but won't be putting any large purchases on it since I'll be getting cash for some home repairs with the refinance. I think you are right, I should keep it and take advantage of the cash back for awhile and see how it works out for me. My cards that will be paid off have been opened for 6 years or longer and I did like the length of the time I've been a customer and really wish I could have kept one open for that reason but I guess we can't have everything our way..


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PhillyPhoto
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Joined: Wed May 13, 2015 3:32 pm
Location: New England

Re: Just applied and got approved for the Citi Double Cash card

Postby PhillyPhoto » Sun Sep 11, 2016 9:02 pm

I would say the HP is worth it. I got a SL on the Simplicity card of $3300. I was looking to do a BT, and that wouldn't cover it. I went for $10K with the HP and it was approved.
Main Cards:
Amex: Surpass
Chase: Hyatt

Sock drawer Cards:
Amex: HHonors, MB Plat
Chase: Amazon.com Rewards, Freedom
Citi: Macy's Amex, Simplicity, ThankYou
Citizens Bank: Cash Back Plus World
Discover: it
Elan: Bank Rewards
Synchrony: PayPal Extras

755 Eq (12/16)|748 TU (12/16)|726 Ex (1/17)

Tubpbs
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Re: Just applied and got approved for the Citi Double Cash card

Postby Tubpbs » Sun Sep 11, 2016 9:14 pm

PhillyPhoto wrote:I would say the HP is worth it. I got a SL on the Simplicity card of $3300. I was looking to do a BT, and that wouldn't cover it. I went for $10K with the HP and it was approved.


I think it can be worth it sometimes.

I still don't get what the second HP does in this circumstance. It makes no sense to me but there could be something I'm not understanding.

Unless they pull a different bureau.
Amex - BCP, Platinum, Business Gold
BoA - BankAmericard Cash Rewards
Chase - Freedom, CSP, RC, Ink Plus
Citi - DC, Prestige
Discover - It

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PhillyPhoto
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Location: New England

Re: Just applied and got approved for the Citi Double Cash card

Postby PhillyPhoto » Sun Sep 11, 2016 9:54 pm

Tubpbs wrote:I still don't get what the second HP does in this circumstance. It makes no sense to me but there could be something I'm not understanding.

Unless they pull a different bureau.

I don't get it either. If I'm worthy of $10k after a couple days, why not before?

Both pulls were on Experian.
Main Cards:
Amex: Surpass
Chase: Hyatt

Sock drawer Cards:
Amex: HHonors, MB Plat
Chase: Amazon.com Rewards, Freedom
Citi: Macy's Amex, Simplicity, ThankYou
Citizens Bank: Cash Back Plus World
Discover: it
Elan: Bank Rewards
Synchrony: PayPal Extras

755 Eq (12/16)|748 TU (12/16)|726 Ex (1/17)

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CarefulBuilder14
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Location: United States

Re: Just applied and got approved for the Citi Double Cash card

Postby CarefulBuilder14 » Sun Sep 11, 2016 11:15 pm

PhillyPhoto wrote:
Tubpbs wrote:I still don't get what the second HP does in this circumstance. It makes no sense to me but there could be something I'm not understanding.

Unless they pull a different bureau.

I don't get it either. If I'm worthy of $10k after a couple days, why not before?

Both pulls were on Experian.

They could be holding back some potential CL in case you go for another card from them shortly afterwards.
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco

Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May

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Vattené
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Location: US

Re: Just applied and got approved for the Citi Double Cash card

Postby Vattené » Mon Sep 12, 2016 11:49 am

Kathiee wrote::confused: 0Vattene,
thank you for your response. I am a widow trying to learn the ropes, I'm refinancing my house and part of the agreement is the bank paying off and closing my current credit cards. The Citi double cash card will be my 1st new card that I'll be using for everyday purchases but won't be putting any large purchases on it since I'll be getting cash for some home repairs with the refinance. I think you are right, I should keep it and take advantage of the cash back for awhile and see how it works out for me. My cards that will be paid off have been opened for 6 years or longer and I did like the length of the time I've been a customer and really wish I could have kept one open for that reason but I guess we can't have everything our way..

For people new to using credit cards and/or building their own credit, it is a good practice to essentially treat your credit card like a debit card: pay off the statement balance in full every month and don't buy anything you can't afford to pay for right now. People do use 0% purchase intro APRs wisely, either to finance a large purchase to in effect pay nothing for a short-term loan or even just to take advantage of no interest while holding onto the funds until it is time to pay. That's more advanced, however, and you need to really know what you're doing. In theory it is a good offer that can be used effectively; in practice you can quickly dig yourself in a hole and get into trouble. A good rule of thumb is to not use a credit card to buy anything you wouldn't be able to pay for immediately.
-Vattené
FICO-8:
EX - 805 (12/16) | TU - 803 (12/16)
Primary Cards:
American Express EveryDay - $20,000 (10/14)
Discover it - $23,000 (2/14)
AU on Barclay Sallie Mae - $10,000 (8/15)
plus several store accounts of varying usefulness now



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