Minimum Citibank credit card requirements are typically a good credit score between 700–749 for the Simplicity and Double Cash cards. Citi cards such as the ThankYou Preferred and Premier cards require an excellent credit score (750+). You can get the Citi Secured card with a fair to bad credit score (600 or less).
In addition, Citibank requires personal information including your name and address. The address on the application has to be a physical location, and not a P.O. Box. Your date of birth and Social Security Number are also required.[Although rare, In some cases, you may be asked to provide a copy of your Social Security card as verification of U.S. citizenship.
Another Citibank credit card requirement is that an applicant be at least 18 years old. The Credit CARD Act of 2009 prohibits anyone under 21 years old to apply for a credit card unless you meet specific requirements. You will need proof of your ability to independently make payments. This could be a recent paycheck from your employer or a W-2 form.
The other option is to have an adult over the age of 21 to co-sign on the application. A co-signer should have the means to repay the applicant’s debt.
Even if you’re over 21, you still must meet Citibank’s income requirement in order to qualify for a credit card. You must be employed, and provide a source of income. If you’re self-employed, you must note that on the application. Self-employment will not affect your chances of approval as long as your income meets Citibank’s income requirements.
Sources of income include salary, wages, interest, dividends, rental income, and retirement benefits. Citibank doesn’t disclose a minimum income requirement.
Citibank verifies all information applications to ensure each applicant meets its minimum credit card requirements. If you knowingly report any inaccurate or misleading information on a credit card application, you are committing fraud. Penalties include $1 million in fines, and/or 30 years in prison.
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