When I opened the Citi Double card a few years ago, Citi wouldn't open the account without my tax return. My credit score was high and I think they just wanted to deter me and didn't have a good excuse. I gave them the tax return and got the card. In 30 years as an adult and opening probably 50 credit cards that was the only time I had to produce a tax return for a credit card.vshun wrote: ↑Tue Dec 06, 2022 4:16 pmI am not that poster but I had identical reason for decline. I guess Citi ML models maybe figured out the category of folks who get the cards for bonus (many cards, low usage). It is quite controversial as traditional denial was for exactly opposite reason.michaeljc70 wrote: ↑Tue Nov 29, 2022 10:41 amAre you saying if you have a total of $80k in available credit it is better to owe $30k than owe $2k? I think you may be misinterpreting what they told you. I believe you can have too high of a utilization or too much total credit but not too low utilization.Leesbro63 wrote: ↑Tue Nov 29, 2022 10:14 am OK, so I applied for the Citi Premier card and was rejected. I called the "reconsideration" number and they told me that my available credit-to-used credit ratio was too high. Which is true. I have big, unused credit and an 800+ credit score. I've never been rejected before but it was almost as if they realized that I probably was just getting the card for the bonus (which is true). Any suggestions other than just to move on?
I imagine that these financial institutions, like some other businesses, have a score as to how profitable you are as a customer overall.