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Thread: Periodic Limit Increase Letter

  1. #1
    Member sikeveo's Avatar
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    Periodic Limit Increase Letter

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    I received a letter saying that I was eligible for a $24000 limit but unfortunately my parents threw it out before I could read it completely. I spoke with citibank today and they said that this letter is just to state that I may have my limit upgraded in the future and that there was nothing he could do for my limit at the present moment.

    Has anyone else received a similar letter?


  2. #2
    Member Danger UXB's Avatar
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    Re: Periodic Limit Increase Letter

    Yes got one too. It states they will periodically increase my limit up to 60k without me asking but always with notification. You can opt out at anytime
    Cheers Danger UXB

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    Member sikeveo's Avatar
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    Re: Periodic Limit Increase Letter

    Quote Originally Posted by Danger UXB View Post
    Yes got one too. It states they will periodically increase my limit up to 60k without me asking but always with notification. You can opt out at anytime
    Cheers Danger UXB
    Thanks that helps.

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    Junior Member wtolmie's Avatar
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    Re: Periodic Limit Increase Letter

    I received one too for $55K, but did nothing with it.. It also shows up online in your credit card offers (if you use their crappy online banking).

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    Member trippin_the_rift's Avatar
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    Re: Periodic Limit Increase Letter

    Quote Originally Posted by wtolmie View Post
    I received one too for $55K, but did nothing with it.. It also shows up online in your credit card offers (if you use their crappy online banking).
    what are you doing to receive them? paying ontime? min balances? full payments? lots of spend? not a lot?

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    Junior Member wtolmie's Avatar
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    Re: Periodic Limit Increase Letter

    im travelling alot overseas with work at the moment and getting around $10K usage per month (flights hotels meals etc) and $10K payments (refunds from work) back in to avoid interest.. only been home in Sydney 7 weeks since last august.. so the magnetic stripe is getting a beating.. they must value that as a good customer..

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    Posting Enthusiast JohnK's Avatar
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    Re: Periodic Limit Increase Letter

    I got a similar letter at the end of last year. I was pre-approved for $45,000 credit limit with periodic increases at Citibanks discretion.

    This was an increase of >50% on my current credit limit and as I am a revolver with no spend on the card I declined the offer....

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  10. #8
    Member jingles's Avatar
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    Re: Periodic Limit Increase Letter

    Quote Originally Posted by trippin_the_rift View Post
    what are you doing to receive them? paying ontime? min balances? full payments? lots of spend? not a lot?
    I have received two of them since being upgraded to the Plat card from the free for life offer.

    I always pay my card off regularly however dont use it often (it has gone months without use), the highest balance i have had on it would have been ~$400 on one statement


    sikeveo, just sign into citibank online and have a look under the "My offers" section, you will see the info from the letter there.

    Last edited by jingles; 22nd March 2009 at 12:56 PM.

  11. #9
    Member sikeveo's Avatar
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    Re: Periodic Limit Increase Letter

    Quote Originally Posted by jingles View Post
    I have received two of them since being upgraded to the Plat card from the free for life offer.

    I always pay my card off regularly however dont use it often, the highest balance i have had on it would have been ~$400 on one statement


    sikeveo, just sign into citibank online and have a look under the "My offers" section, you will see the info from the letter there.
    Thanks. I will once my new card arrives. As my new card has not been activated I can not view the 'new offers' part of the site.

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    New Member darryl's Avatar
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    Re: Periodic Limit Increase Letter

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    I agree with sikeveo

    Quote Originally Posted by sikeveo View Post
    I received a letter saying that I was eligible for a $24000 limit but unfortunately my parents threw it out before I could read it completely. I spoke with citibank today and they said that this letter is just to state that I may have my limit upgraded in the future and that there was nothing he could do for my limit at the present moment.

    Has anyone else received a similar letter?

    Thanks!!!

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