Thread: CitiBank and CLI... When Will They Do One?

I have not heard much of Citibank auto CLI's. As with any bank, thanks for CARD Act they have to collect updated annual income from you before they can initiate a CLI after the first year of cardmembership.

Last November they sent me a letter and email stating that I "could be" approved for a CLI on my AT&T Universal Card (opened in 1999) but they needed my income before it could be approved. I went online, entered the info and BAM! $2,300 increase.

I'd say within the next 4 months (when the card is officially over a year old) if they have not done an auto CLI, take Preferred Member's advise and request the CLI online from your account management screen. Citibank makes it easy and they are usually soft inquiries (if you accept their CLI offer and not something more). You can request a CLI online (or by phone) every 6 months.

Originally Posted by Dylan1982

I'm also tempted to see if CitiBank will allow me to transfer my CL on my DP card to my TY card? I applued for both cards, same day, same time and both got instant approved for $4,600.


I've NEVER even used the DP card. So if I were to call, could CB transfer some of the CL to my TY card?

It never hurts to try. I would call their backdoor number to ask. I do know that Citibank likes to blame CARD Act for not being able to do PC's or combining credit lines. I am not sure if they have changed their stance on that recently. They used to do all of that stuff no questions asked, but after the Great Recession and CARD Act...not so much. But it never hurts to try!

Edit: as the other guy said in your other post, you will need to wait until after June so that your card is over a year old thanks to CARD Act.....

Originally Posted by Dylan1982

Do you have the back door number so that I can try this in the future?

What exactly is the CARD act?

Citibank's "retention" department: 800-444-2568

CARD Act...ugh... Credit CARD Act of 2009 - Wikipedia, the free encyclopedia

Essentially (IMHO), it is the goverment being a nanny to idiot American consumers that cannot handle their affairs and in an attempt to gain more votes from the sheep that are Americans, the dems placed all of the blame for the current economy on the banks (never minding their/our own foolish materialism). But officially it is regulation meant to keep the banks in line and to be more transparent to consumers. There is both good and bad from it but I like to bash it whenever I can just for kicks.

For your situation, banks are not allowed to increase annual fees during the first year of cardmembership. Even though Thank You, Diamond Preferred etc do not have any annual fees, Citibank has decided per their interpretation of CARD Act that they won't make any changes during the first year.

Originally Posted by Dylan1982

Haha.... I got an email from CitiBank regarding my TY card, they AUTOMATICALLY increased my CL without me asking!!

I was quite surprised they did that since my acct is only 8 months old.

They increased my limit to $6,400

That's hot. A lot of banks are processing auto CLI's within the 1st year of cardmembership...after that they will have to obtain income info.