What is the highest credit limit for the Citi Diamond Preferred card?

The usual Citibank credit card limit is $500 to $2,000 to start, depending on the card. For example, the Citi® Double Cash Card – 18 month BT offer has a $500 minimum credit limit. At the other end of the spectrum, the Citi Premier® Card has a minimum credit limit of $2,000. Citibank doesn’t publicly disclose any maximum credit limits.

Citibank Credit Cards Minimum Credit Limits

• Citi Premier® Card: $2,000
• Citi Custom Cash℠ Card: $500
• Citi® Double Cash Card – 18 month BT offer: $500
• Citi® Diamond Preferred® Card: $500
• Citi Rewards+® Card: $1,000
• Citi Simplicity® Card: $500
• Citi® Secured Mastercard®: $200

You won’t know your actual credit limit until you’re approved for your Citibank credit card. The limit you get depends on your credit standing, income and debt. However, you can always request a credit limit increase after you’ve made several months of on time payments.

You need a credit score of 700 or higher for the Citi Diamond Preferred card. This means that you should have at least good credit for high odds of approval.

Some people claim to have been approved for this card with lower scores than 700. But that is riskier, especially if you don’t have a high income compared to your major monthly expenses. Generally speaking, the higher your credit score is, the better your chances will be of getting approved for the Citi Diamond Preferred card.... read full answer

Other Citi Diamond Preferred Approval Requirements

Just remember that a 700+ credit score does not guarantee approval. Your score is important, but you will also need to provide proof of a steady income in order to qualify. Additional factors taken into account include your employment status and existing debts. Citi will also look at your housing payments and the number of open credit card accounts you have.

Alternative Credit Card Options

If your current credit score doesn’t meet Citi Diamond Preferred’s requirements, consider spending a little more time rebuilding your credit before you apply. Or, you could apply for a credit card that’s easier to get.

The Citi® Secured Mastercard® offers decent chances of approval and accepts people with limited credit. If you use the card responsibly, you’ll eventually be eligible for the Citi Diamond Preferred Card. If your score is in the fair credit range, you could consider a card from another issuer, such as the Capital One Platinum Credit Card.

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 credit history.... read full answer

When requesting a credit limit increase, Citibank will consider several factors that determine whether a soft pull or a hard pull will be used. But you can rest assured that Citibank will always notify you before doing a hard pull on your credit report. In case the request will result in a hard pull, it may cause a short-term dip in your credit score. When Citi offers an automatic credit limit increase; they will always use a soft pull.

How to get a Citibank credit card limit increase online:

1. Log in to your online account or your Citi Mobile App. Click Services, and then “Credit Card Services.”
2. Select “Request a Credit Limit Increase” under the Card Management menu.
3. Choose the Citibank account for which you’re requesting the increase (if you have more than one).
4. Enter your total annual income and monthly mortgage/rent payment. Click “Continue.”
5. Confirm the information entered and click “Continue” to submit the request.
6. You should receive the decision within a few seconds of submitting the request. If you’re approved for an increase, the new credit limit is effective immediately.

A Citibank credit card limit increase can boost your credit standing if you use the extra purchasing power responsibly. The added credit can lower your utilization, assuming your spending does not increase, and that in turn can raise your credit score. If you’re planning on making a major purchase soon, an increase will also reduce the risk of maxing out the card’s credit limit.

To raise your chances of being approved for an increase, always pay your bill on time and pay more than the minimum due. And if your income increases, make sure to update that information on your online account, as Citi will see that you can afford higher limits.