When you are approved for the Citi® Double Cash Card – 18 month BT offer, Citi sets a credit limit based on your income and credit history. Many consumers have reported receiving starting credit limits between $ 1,000 and $ 10,000 with the Citi® Double Cash Card – 18 Month BT Offer Card. While credit limits in this range are the most common, it is possible to get more or less than that. For example, some people got $ 25,000 to start, and others got $ 500.
- 781-850: $ 9,543
- 661-780: $ 5,209
- 601-660: $ 2,277
- 500-600: $ 966
- 300-499: $ 509
Most successful applicants for the Citi® Double Cash Card – 18 Month BT Offer Card have a credit score of at least 700. So to get this card you will likely need to be in one of these two higher ranges, which could help you qualify for a credit limit of $ 5,000 to $ 10,000.
This is not guaranteed, however. You cannot be 100% sure of your starting credit limit until you are approved for the Citi® Double Cash Card – 18 Month BT Offer Card. Fortunately, you may be able to increase it quickly if you are not satisfied. Some cardholders have successfully requested credit limit increases immediately after obtaining the card. You can request an increase in your credit limit from Citi by calling the number on the back of your card or online by following these steps:
- Log into your Citi account.
- Under the “Services” tab, click on “Credit Card Services”.
- Click on “Request a credit limit increase“.
- Enter your annual income and your monthly mortgage or rent payment.
- Submit the form.
You will immediately receive a response telling you whether you have obtained the increase.
Your starting credit limit is especially important if you plan to get the Citi® Double Cash Card – 18 month BT offer to refinance debt. Since it has an introductory 0% APR for 18 months on balance transfers, this is one of the best balance transfer credit cards and can save you quite a bit of money. The amount of debt you can transfer will depend on your credit limit. Your balance transfers, plus the 3% balance transfer fee (with a minimum of $ 5), cannot exceed your card’s credit limit.
This could be a problem if your starting credit limit is lower than you would like. If you have $ 5,000 in credit card debt and Citi gives you a credit limit of $ 2,000, you may not be able to take full advantage of the balance transfer offer.
To be fair, this is a possibility with any balance transfer card. Each card issuer sets your credit limit when they approve you for a credit card. There is no way to know in advance if your balance transfer card will have a sufficient line of credit for all the balances you wish to transfer.
The good news is that Citi makes it easy to apply for a higher credit limit. Even if you are not approved for the amount you want at the start, you may be able to get an immediate raise.