The credit limit on a Citi Diamond Preferred card is $500 or more, and some cardholders report starting credit limits of $10,000+. When you’re approved for this card, Citibank will determine your specific credit limit based on factors such as your credit history, annual income, and any debt you owe.
Keep in mind that you need at least good credit to get approved for the Citi Diamond Preferred card. For your best chances at a high credit limit, you’ll want good-to-excellent credit and plenty of disposable income.
Even if you don’t receive the limit you want, you can always request a credit limit increase later on. But it’s better to wait at least six months from opening your account before requesting an increase.
You can request a Citibank credit card limit increase online, through the Citi Mobile App, or by phone, at (800) 950-5114. Citi may also offer an automatic credit limit increase if its regular reviews of the account show a history of on-time payments and low debt. Periodic reviews typically start after the account has been open for about six months. To make a decision about a credit limit increase, Citi will also review your current income as well as your...
If you transfer a balance to an existing credit card account, however, there is no hard inquiry and no credit score damage. A balance transfer could still result in high credit utilization, though, and allow you...
The highest credit limit for the Citi Diamond Preferred card can be over $10,000 for most creditworthy borrowers, according to multiple reports from cardholders on online forums. Citibank does not typically disclose the maximum spending limit for any of its unsecured credit cards. Not everyone is likely to qualify for the highest credit limit, either. The credit line offer you’ll ultimately get from Citi largely depends on your debt-to-income ratio and credit history.
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