Posted by William Charles on August 30, 2016
Credit Cards

Published on August 30th, 2016 | by William Charles

35

Does Citi Deny You If You Have 6 Or More New Inquiries From One Credit Bureau Within Six Months?

A few readers pointed me to this reddit thread that discusses a Citi application rule I haven’t seen discussed before. The “rule” seems to be as follows:

  • You won’t be approved for a credit card if you have six or more inquiries on the credit report that Citi pulls for your application.
  • If they pull multiple credit bureaus, they’ll judge this based on the report that has the least amount of inquiries
  • If you’re denied, you can get them to pull another credit bureau with less inquiries on it.

Data Points

This doesn’t seem to be a new rule. Here are some data points:

Agree with “rule”

  • 1, 2, 3, 4, 5, 6 (but approved on recon), 7 (also approved on recon)

Don’t agree with “rule”

Our Verdict

I don’t think this is really a hard rule, it seems that Citi will use this for a reason to deny accounts though when other factors might also be in play. Citi won’t approve you with a frozen report, but if they cite too many recent inquiries you can call reconsideration and ask them to pull a different credit report instead. Keep in mind the other Citi rules:

Feel free to share your data points in the comments. Just remember this is based on the number of inquiries on the credit report that Citi pulled for you and not total inquiries across all three consumer reporting agencies. Read here on how to monitor your credit for free.



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Dave
Dave

I’ve had more than 6 in the last two months, and yet I was approved for both Hilton cards before 8/28.

Den
Den

That was the only reason I was not approved for Citi HHonors. Had a lot of inquiries last 4 month (10+ for both TU and EQ). CS was TU773, EX753, EQ722. Was approved for another Citi card 5 month ago with no issues. However, I’m not sure if it is for only 6 month.

Den
Den

Letter stated: “Too many recent credit inquiries were recorded on your credit bureau report.”

Rome
Rome

I think it’s depend on the card, I was denied for a prestige for too many inquiries, but I’ve seen DP that some people are getting approve with 6+ with citi for other cards.

Rob
Rob

I tried to get my second Citi AA card. It was pending so I called, rep said I was rejected because had too many HPs within 6 months (I had about 8). I’ve never been rejected by chase or Amex and I had my first Citi AA card 5 months ago and my score is around 680. I told them that I’m currently CitiGold but it didn’t help…

bmac
bmac

Is the 2 apps per 65 days just for personal apps or is it 2 apps of any kind? In other words, if I’ve applied for 2 personal Citi cards within 65 days, can I still apply for a Citi business card or do I have to wait until one of the personal apps falls outside the 65-day window. Thanks for the clarification in advance.

Joshua Huang
Joshua Huang

DP, 8 HP on Experian; denied for Thank you Preferred due to too many accounts within 6month. Has 5 different citi card including Prestige for about 2 years relationship with citi , has Citi Gold checking

Too Nashty
Too Nashty

I was denied on this basis of 6 in 6 months…. I had like 12 in 6 months on EQ. I was on the phone with the front line rep telling him that Chase and Citi do dual pulls so you actually can’t view them all as new requests for credit. Citi pulls both EX and EQ for me, however on the phone the rep said that he doesn’t even have my EX report to even look at (I then asked why they even pull it). We argued for about 30 minutes and then I asked to be transferred to a manager. The manager approved in 30 seconds no questions asked. So it looks like the rule can be superseded with a little effort.

voyager10
voyager10

@Too Nashty I agree, I got denied as well for too many recently opened accounts, but because I requested it at a branch with a banker whom I explained the reasons why I’m on a credit card shopping spree, she was able to appeal the application on my behalf and get it approved, eventually. Very good experience, actually. Citi should have more bankers like that.

Interesting comment about requesting to speak with a manager. Didn’t know it works. I have to try that with Chase. Contrary to the blogs, the co branded IHG Chase card does follow the 5/24 rule, and I keep getting denied because of it (as they say too many recently opened accounts). Seems like there’s nothing I can do, applied twice and called reconsideration a few times. Maybe I should ask to speak with a manager? But what would I say differently?

Omer
Omer

How did you explain your shopping spree? Can you please be more specific?

Carlos
Carlos

I have almost every citi card known to man and this includes any majors or side cards they offer.
I received them all within a year so I dont believe that to be the case.

K
K

Although Chase’s 5/24 is rather restrictive in comparison, most people should be perfectly able to limit themselves to less than 6 inquiries in 6 months on one bureau, especially since churning is all but dead anyway.

Just not sure what the big deal is. This is an easy “rule” to not fall victim to IMO.

aq
aq

8 inquiries on EX and approved for AA Plat March 2016
My guess is that it doesn’t apply, but for all we know it could be cobrands or Citi’s fantastic IT systems

mishyq
mishyq

just to add to DP. i was rejected today for Citi HHonors 75K for “having too many inquiries for the past 6 months”

so i think while others seem to be able to escape unscathed, not all can.

i think i will write a letter next to the Executive Review Department.

JW
JW

DP for “don’t agree with the rule”: Applied for Citi AA Gold on 8/27. Got rejected. Letter came yesterday and stated “Too many recent credit inquiries are recorded on your credit bureau report.” and also “Lack of mortgage loan….”

4 inquires in the past 6 months including one for CSR on 8/26 which was very fresh on the credit report. 8 inquires in the past 12 months.

Lowered CL for every card 2-3 months ago except of the one applied in late July. I received several personal AA Plat cards in the past 12 months and currently holding 4 AA cards (3 Plat, 1 Bronze). I probably wasn’t rejected because of the 6/6 rule. Instead, open and close cards repeatedly might be the reason. Just my guess.

Eric
Eric

Throwing my DP in here:

AA Plat #2 approved in July @ 7 EX inquiries, 6 in past 6 months. No other cards since then.

AA Plat #3 denied Aug 27th @ 8 EX inquiries, 7 in past 6 months.

Denial letter stated too many recent inquiries and “lack of installment loans”.

I am thinking about calling and asking them to pull a different bureau. My TU and EQ are both at 0 inquiries. Thoughts?

PhillyPhoto
PhillyPhoto

How do you get them to pull a different CB? I called twice and both said they cannot restart the app, and can’t guarantee what bureau will be pulled on a new app.

Sikachu

I honestly believe that their “rule” is card-based, really.

In August 2016, I had 11 inquiries in 12 months and 8 inquiries in 6 months and was approved for AA Plat. However, in September 2016 I applied for Hilton Reserve and got denied for too many inquiries … I checked and I had 12 inquiries in 12 months and 9 inquiries in 6 months.

Maybe it might be better to grab DP on which card they applied as well.

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