Bottom line. The Citi Simplicity® Card is an excellent option for anyone who wants to transfer a credit card balance and save on interest. However, it normally requires a good to excellent credit score (670+), so only those with healthy credit profiles are likely to be approved.
How hard is it to get a Citibank credit card? It is hard to get some Citibank credit cards, particularly Citicards that require a good to excellent credit score of 700 or higher.
The Citi Secured Mastercard is the easiest Citi credit card to get because it's the only Citi card that will accept applicants with limited credit (less than 3 years of credit history). The Citi Secured card requires a $200 refundable security deposit, but it has a $0 annual fee.
Your Citibank credit card application may have been denied for various reasons, such as a low credit score, not enough disposable income, or too much debt.
What is the Citi 8/65 rule? Citi's 8/65 rule states that applicants are ineligible to apply for more than one Citi credit card in eight days, and not more than two credit cards in 65 days.
This Citi prequalification tool performs a “soft inquiry” on your credit report. This won't negatively affect your credit. However, if you move forward with applying for a new card, your credit report will be hit with a “hard inquiry” that may cause your credit score to temporarily drop.
If you are planning to apply for Citibank credit cards, make sure that you are at least 21 years old and have a minimum monthly salary of AED 5,000 or more. You must also ensure that you possess a good credit score.
Citi will also serve you better if you're looking for a big bank with higher rates. Chase, however, may be a better option for you if branch accessibility and a great mobile app are a priority. If you're not impressed by either of these banks, consider our list on the top banks based on ATM fees.
The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back. Cardholders can also earn an initial bonus of $200 cash rewards after spending $500 on purchases...
I think the Costco Visa is the hardest Citi card to get. And I agree with @Credit12Fico that the Custom Cash and Double Cash are easier to get. I also think Citi is generally one of the hardest big banks to get approved by (easier than US Bank but harder than Chase).
Citibank gives instant approval on its credit cards, but only some of the time. Instant approval always is possible when applying for a Citibank credit card online, though getting approved for an account immediately is never guaranteed.
The usual Citibank credit card limit is $200 to $2,000 at a minimum, depending on the card. The Citi Double Cash® Card has a $500 minimum credit limit, for example, while the Citi Strata Premier℠ Card has a minimum credit limit of $2,000. Citibank doesn't publicly disclose any maximum credit limits.
Credit score requirements aren't hard and fast. It's possible to be approved with a score in the 600s but far less likely, just as it's possible to have a score above 700 and still not get approved. On Citi's Secure Website.
Bottom line. To get approved for the Costco Anywhere Visa® Card by Citi you'll typically need a FICO® score of 800 or higher. This cash-back card doesn't have an annual fee, but you'll need a Costco membership to apply.
The cons of banking with Citi are that its banking fee structure is complicated, and certain markets aren't eligible for the bank's high-yield savings account.
Citi is a bank that's uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients in ways that other banks simply cannot.
Capital One is better than Citi because it offers credit cards to a wider range of customers in addition to savings accounts with no service fees or minimum deposits. Capital One also has a better credit card rewards program than Citi, according to WalletHub's latest Credit Card Rewards Study.
Citi doesn't specify minimum income qualifications for credit card approval, but since income is considered one indicator of your overall ability to repay what you borrow, logic follows that your chances of preapproval get better as your income gets higher.
Your minimum monthly salary must be AED 5,000 or above to be an eligible credit card applicant.
Salary accounts come with a zero minimum balance requirement.
Citi® Secured Mastercard® is an option for customers with little or no credit history and can help you build your credit when used responsibly. Unlike a debit card, Citi® Secured Mastercard® is a real credit card that helps build your credit history with monthly reporting to all 3 major credit bureaus.
Approval. Some lenders let you know whether you've been approved the same day you apply (Citi personal loan applicants can receive a response in less than 60 seconds). Others may have longer timelines – sometimes up to 7 business days.
Based on FICO® Score 8 model.