Chip Lupo, Credit Card Writer
Citibank will automatically increase the credit limit for eligible credit card accounts based on periodic account reviews that typically begin six months after an account is opened. Automatic credit limit increases are done at Citibank's discretion, and there's no guarantee when one will occur.
How to Get an Automatic Credit Limit Increase From Citibank
You don't have to do anything for Citibank to review your account for an automatic increase. However, taking the following steps will boost the odds of getting Citibank to automatically increase your credit limit:
- Pay the bill on time for at least the first six months that you have the card.
- Keep your credit utilization below 30%.
- Update your account profile if your income has gone up since you applied for the card.
How a Citibank Automatic Credit Limit Increase Affects Your Credit Score
A Citibank automatic credit limit increase requires a soft pull of your credit, which does not affect your credit score.
Citibank may offer you the option to decline the automatic credit limit increase amount and request a higher increase. If you decline and ask for a higher amount, Citibank will conduct a hard pull on your credit report, but they cannot do so without your permission.
A hard pull may lead to a slight decrease in your credit score, but your score should bounce back after a few consecutive months of timely payments. You can keep track of your progress with free daily credit score updates from WalletHub.
2023's Best Citi Credit CardsCompare Cards
People also ask
Did we answer your question?