Citi Custom Cash Card: Do THIS to Get Approved
ฝัง
- เผยแพร่เมื่อ 14 มิ.ย. 2024
- 💳 My Top Credit Cards: spencerjohnsonofficial.com/to...
💳 What's In My Wallet: spencerjohnsonofficial.com/myw...
Click ‘show more’ to see ad disclosure
-
Hey guys, in this video, I take you step-by-step through how to apply for the Citi Custom Cash card while I apply for it myself. Throughout the video, I also give some pointers as to why the Citi Custom Cash is such a good credit card to have in your arsenal, the reasons I chose to add it to my wallet, and some helpful tips along the way as it comes to the general credit card application process. Let me know in the comments if you have any questions and I’d be happy to answer them!
---
🔥Join the Credit Club to get access to special perks and benefits:
spencerjohnsonofficial.com/cr...
💸💲 Ekster Wallets :
Big thank you to Ekster Wallets for being the first sponsor of this channel. To get a 5% discount on your next Ekster product on top of 40% off with their Black Friday/Cyber Week sale live from RIGHT NOW, go to Ekster.com and type in CODE: SPENCERJOHNSON at checkout or click on this link: shop.ekster.com/spencerjohnson. Don’t miss out!!
🎥 Recommended Videos:
BEST 3 Credit Cards for College Students (2022): • BEST First 3 Credit Ca...
Top 2 CASH BACK Credit Cards (2022): • Top 2 CASH BACK Credit...
How to Use a Credit Card: • How to MAKE MONEY with...
💲 MaxRewards Gold (1-month discount w/ code SPENCER): maxrewards.app.link/spencer
💸 Get $30 FREE with Rakuten (Cash Back for Online Shopping): www.rakuten.com/r/SPENCE11500...
Timestamps:
00:00 - Start Here
00:28 - Card Perks
01:36 - Application Overview and Tips
04:42 - The Moment of Truth
06:02 - Final Tips
#citicustomcash #creditcardapplication #watchmeapply
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which Daily Drop will earn an affiliate commission or referral bonus. Daily Drop is part of an affiliate sales network and receives compensation for sending traffic to partner sites. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies, or all available credit card offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. - แนวปฏิบัติและการใช้ชีวิต
Thank you guys so much for watching! If you are thinking of applying for this card yourself, watch this video first to see how often you should be applying for new cards! th-cam.com/video/9l5DOz28DRI/w-d-xo.html
So excited!! Just got denied for my Citi Custom Cash card!! ♥
Denied, or accepted?
denied! @@pachabee
denied!@@pachabee
denied!@@pachabee
denied!@@pachabee
Thank you for this video!! You really helped me build the confidence to apply for this card & I got approved for 3,500$ i am definitely subscribing and watching you give more tips on other cards!
Would you mind providing some of your data points? I want to apply soon too, but I fear rejection.
Man how time flies I remember when you first applied for this card! Solid card one I considered product changing too but I think I prefer the Citi Premier over it.
I just got approved! $7,600 credit limit, $200 welcome bonus. 758 credit score.
That’s awesome! Having that higher credit limit will be nice to keep your utilization down. For me with a $3000 limit if I spend the full $500 a month my utilization will be at about 17% which isn’t terrible, but I like to keep my utilization as close to 0 as possible, so I’ll likely ask for a credit limit increase down the line. Congratulations on your new card!
@@SpencerJohnsonOfficial thank you! Citi is pretty good at giving credit increases. Just use the card, pay off full, and ask for a increase in about 91 days. Honestly I only charge small amounts on my credit cards. About $10.00 on each card every month. I don’t really need credit for financial help. I just need the scores to buy homes and stuff. Financial I’m doing really well. The United States stock market has made me financially free! I basically live off dividends. Put money in the stock market on quality stocks when the market is at lows…. When everyone is afraid and cashing out, that’s when you put money in the market and just wait. Only invest with money that you don’t need right away.
That is really good to know. I don’t plan on making out the $500/month in the 5% category, but I do think it would be nice to have a slightly higher limit in case I do get close here and there. That’s really awesome to hear that you’re financially free in that way, and that’s something I am striving towards! Although since I’m still in college, I have quite a ways to go to get there, but in using the magic of compound interest, I hope to be there myself sooner than average.
@@SpencerJohnsonOfficial get a self directed roth IRA and start putting 6k a yr in it and day trade within it tax free... use credit for everything and pay in full as much as possible... get an FHA loan for 3% down @ 3% with a 550 credit score right now and refinance in a year and flip it
I agree with you there Tommy! Fortunately, I currently have a Roth set up with Fidelity and have been putting as much as I can towards that while I’m in school. Once I graduate and start making a real income I’ll be looking at FHAs to start building some capital off of a property. Thank you for the advice!!
Spencer, is it true that Citi no longer allows product change to Custom Cash if you already have a Custom Cash card? That's a bummer, if it is true. I was planning on getting a Citi Premier and then PCing it to be my second Custom Cash card..
Good Stuff!!!!
I appreciate you!
Watching 14 months later in June 2023. Can't wait to see you do a "Watch Me Apply" for the Citi Premier someday
That's so cool man! One of those could be coming by the end of this year!
I don't have a credit card my own. I am an authorized user. But I do have a bank account with citi. Are all credit card applications has short forms like that. I am thinking about applying for this card too.
Great Video Spencer! But my I make a suggestion? Cover the Spurs poster in background! Go Mavs! Just kidding! lol
Thanks Jason! And in my newer videos I actually exchanged it for a clock so you should be good there now. I always root for the mavs unless they’re playing the spurs, so we can still get along 😉
@@SpencerJohnsonOfficial Now you get two thumbs up! Keep up the good work!
Haha I appreciate you! Will do.
Is Citi Custom Cash worthy sacrificing 5/24 slot or get those Chase trifecta first ?
Personally, I decided to get the chase trifecta first and then the custom cash filled in my 4th slot. That way I still have the option to get another chase card if I’d like to. I think this card is definitely worth one of the 5 slots as long as you don’t have 5 chase cards you want more, but 24 months is a long time to wait to get another chase card so just keep that in mind! I think the custom cash does a great job of filling in a category where you won’t be getting 5% with your chase cards, so that’s why I went for it personally. Thanks for watching!
Do you have any recommendations for first time credit card for those who have a full time job and no debt? I want to apply for this card but not sure if i’ll get approved for it being the first. Do most people apply for a secured credit card as their first or can they be approved for unsecured as well?
It depends! If you have absolutely no credit history yet, I generally recommend trying to get the Discover it cash back card first (which you can check if you're preapproved for online with no impact to your credit score). If you can't get preapproved for that one, I generally recommend getting the secured version of that card. If you have some credit history under your belt and have above or near a 700 credit score, you could definitely try for this one. The worst that happens is they say no and you get a hard pull with a very temporary ding to your credit score. Hopefully that helps a bit!
Do you happen to know if they sensitive to collections? I have a medical collection from 2 years ago and Im scared to apply just because of that. I only have 1 hard inquiry and a 700 score.
Since a balance going to collections is technically a derogatory remark, it definitely wont help your chances. The only fear I would have is an automatic denial from their AI, but if that did happen you could call their reconsideration line and explain that away to a real person and maybe they would approve you then! I can’t say for sure whether or not you’d be approved with those data points, but everything other than the account that went to collections is right in line with the recommendations for the custom cash which is great! Sorry that isn’t too much of a help, but I hope that clears things up a little bit.
Question I got my card a month ago, I was wondering have u completed the sign on bonus because I have but I don’t know and what to know when do you receive the 200 cash back ?
Congrats on getting the card! And yes I did complete the sign up bonus. Basically the way it works is once you hit that spending limit on the card, all you have to do is wait until the points are added to your account. They do a good job of telling you in the app as to when you can expect to see those points, but I believe I received mine at the end of the next billing cycle after I completed the welcome spend. And also remember that the $200 cash back is given to you as 20,000 Citi Thank You Points, so it won’t be a direct $200 in cash… you will have to redeem them in whatever way works best for you, but you could always do direct deposit if necessary.
@@SpencerJohnsonOfficial thank you brotha! Funny thing is I just woke up and opened the app and boom there it is!! But aye we did it now just going to let my credit score breath - regain the few points I lost from apply for this card and probably sign up for a chase card next 💪🏾
Haha that’s awesome! And it sounds like you got a perfect strategy. Try to get all the Chase cards you want while under the 5/24 status and enjoy those benefits!
So I'm thinking of getting the Capital One Savor One rewards card in the next couple days. I'd also like to get this Citi Custom Cash card and use that strictly as my gas card. Is it wise to just apply for them both at the same time, or should i maybe wait on getting the Citi card? And if so, how long do you think i should wait?
Citi and Cap1 are both pretty inquiry sensitive, so I’d probably recommend checking if you’re preapproved for the Savor One first that way you can be more confident in applying for that one. If you wanted to go for both on the same day you definitely could, but just be prepared for the possibility of getting denied for one of them just in case.
@SpencerJohnsonOfficial thanks! So I applied yesterday for Savor One and was approved! I think I'm gonna wait a few months (maybe 3 because of the Savor 3 month into offer). Thanks a lot!
@@JayMol14 Congratulations!! I'm excited for you!
I just got approved!
Who they pull your credit from?
Just got approved, but sadly only for $500; my other citi card is $2700, so that was a bit of a bummer.
But i can make it work; bonus is $200 after $1500/6 months
I really just wanted to fill this open time slot with another member of the Citi family as i slowly move into the quadfecta.
Congrats on the new card! Luckily you'll be able to request credit limit increases down the line. I did that exact thing with my Custom Cash which I made a video on as well. Plus I just made a full retention offers guide if you wanna watch that too!
How do you get such high limits from just starting out? Do u have an authorized user card or just a high income?
Great question! I think there are multiple reasons for the higher limit. I’ve actually never been an authorized user, although I would definitely recommend that to anyone who can do that from a young age. However, I was able to start my credit card honey fairly early with the chase freedom student, so I’ve had a couple of years to build my credit with chase which has likely helped. In addition I do work part time in engineering while in school so I have a higher income than most college students from that. Also, if you’re over 18 and receive income from anyone to support you in paying your bills you can include that in your total annual income and since my parents have blessed me by paying for my rent while I’m in school, I have no debt to show to the banks, which I would assume helps me get higher limits since they know I’ll be able to pay my cards off every month. I hope that all made sense! Thanks so much for watching.
@@SpencerJohnsonOfficial I got a high limit with Citi as well. I think it is just that Citi gives high limits.
@@JesusGarcia-dn5ek Yeah that is definitely part of it. However, I think you do have to have an established history to get that high credit line. Congrats on your high limit!!
I havebeen with them for over 2 years and my limit has never changed get 500.00 and they suck bad.
I’m sorry to hear that! I’m not sure what cards you have, but a lot of people find success in physically requesting credit limit increases after 90 days of having a Citi card. Also, make sure your income is updated in your online account with them or they won’t increase your CL automatically. You could always call to see why your limit has never been increased, but a lot of people have success when physically requesting it. I would just make sure whether or not they’re gonna do a hard pull before you go through with it, but I’d give it a shot!
How many credit inquiries did you have prior to applying?
I had 0 on transunion and 0 on equifax (checked on Credit Karma). However, I had 3 inquiries on my experian score (checked on Chase app) since I have opened 3 chase cards in the last couple of years or so. I hope that helps!
@@SpencerJohnsonOfficial thank you for sharing!
I applied for three cards in the last week. Approved for all 3. I think the fact I froze my Experian preventing a hard pull on my capital one card affected my CL on my Savor One though.
1. Savor One $500 CL
2. Wells Fargo Active Cash $4000 CL
3. Citi Custom Cash $8000 CL
I’m happy with what I got last week. I just want to add the Amex Gold next month and the Amazon Prime Visa later on and I’ll be set and will just let my credit age.
That's awesome you've made so much headway in a short amount of time! Hopefully one day you'll get that credit limit increased on your Savor One, but at least you got approved! I think your next two additions will serve you well too. Hopefully you'll be able to add them no problem with all the recent hard pulls, but let me know how those apps go!
@@SpencerJohnsonOfficial yes indeed! Thanks Spencer! I will keep you updated!
@@SpencerJohnsonOfficial alright so quicker than expected, I applied for my 4th card in the last WEEK. Instead of the Amex Gold and The Amazon Prime I went for the Chase Freedom Flex (yes Chase even with all those inquiries!) I feel at this point I need to add context so the masses can assess. I have a total of 30 card accounts already prior to the 4 new cards 💳 13 open 17 closed, years of credit history, never one missed payment, paid off multiple auto loans and a large personal loan, utilize Chase as my primary bank and with CSP and CFU, using 93% of my CSP $7200 CL. I just got approved for the Chase Freedom Flex $8800 CL. With a 40% CU overall. I can say in my case my behaviors were obviously the thing that must have helped me the most.
I’m a happy camper now, I’ll go back into remission. I’ll still let you know if I get the Amex Gold too one day! Technically I’m at 8/24 BUT none of my 4 recent approvals hit my report yet only the inquiries did so I was at “4/24” with CFF making 5/24 if you look at it that way. Long tangent over but hopefully this helps someone in the credit card game!
question, did you fall under "good" or "excellent" under capital ones guidelines? also what specific savor card did you end up getting? ive had the quicksilver one for 2 years now so just want to get an idea of my odds for getting approved for a savor one rewards card. ty
@@ushad probably pretty high. I would download credit karma and see what that says. it'll let you know what kind of chance you have. If I was you tho I'd just upgrade the quicksilver to a savor and save yourself the inquiry.
I just got approved for the custom cash 10 days after the double cash. I have $1,700 limit in each card for a credit limit. $3,400 total with Citi.
Congratulations on that!!
@@SpencerJohnsonOfficial I didn't wait 8 days to apply. I waited 10 days just to be safe, but I got at least another hard pull on Equifax only, nothing on Transunion at all and 1 intial pull on Experian.
I only have 6 months credit history with one card (Discover it secured, no missed payments) Do you think i would get approved for this card?
Great question Alonso! It's really gonna be a case-by-case basis, so I can't tell you with 100% certainty. My recommendation is to generally use your first card for 6-12 months to build that credit history up, but if you have a credit score in the 700's and do derogatory remarks on your credit report, I would think you have a good shot at it. I believe at the time of me applying for this card, I had an average age of accounts of like 7 months or something like that, and I was obviously approved, but like I said, that doesn't necessarily mean the same will happen for you.
Feel free to watch my unboxing video where I talked more about my data points if I remember correctly. And if you would like to support the channel and learn more about how to apply for this card, feel free to use the link in my description to do so! Hopefully this was helpful for you.
I got denied for this card 2 times😢 even after 740 credit score and no hard pull in last 3 months
Oh no! I'm sorry to hear that. I wonder why that is. Have you received the letter in the mail telling you why you're denied? Hopefully that gives better insight!
Wish this was a visa, would be amazing for Costco gas stations.
True! Citi does have the Costco card too though that would work!
3k dude that really sucks, Citi low balled me as well with a 2.5k limit on a Premier.
Yeah man I was definitely hoping for more but it is what it is I guess! I did get a $1.5k credit limit increase recently on it which I made a video on too. That made me feel a bit better about it.
Damn I didn’t get accepted. I only have 1 card and it’s about to reach 6 months. I have a 699 but it dropped to 683. How long should I wait to apply again? Any other good credit cards for beginners?
Dang that sucks man. Citi has been really stingy with approvals lately so you’re not alone! I generally recommend you wait as long as it takes for your score to recover back to where it was when you applied (and ideally higher) before you apply again. As for beginner cards, I always recommend people start with Chase as early as they can get approved so you can build out a solid Chase trifecta, but it’s completely up to you as to what lender to start with. I would recommend a Chase freedom card though (Chase Freedom Unlimited for me). Keep in mind they usually recommend around a 700 credit score so you may want to let your score recover a bit. Those are my initial thoughts though!
How many inquires in the last 6 and 12 months had you had during this app?
I had 0 on transunion and equifax and 3 total hard inquiries on experian due to my 3 chase cards. I believe only one of those hard inquiries was within the last 6 months of getting the Custom Cash though. Hope that helps!
@@SpencerJohnsonOfficial Jeesh. I’ve got 6 hard inquiries. Some still showing up from July of last year. None within last 6 months. 679 score…. Also all of my income is through self employment. Makes me look so risky 😬. Kind of hesitant to apply. Really wanting this card as well as citi double cash.
Well at least you’re in a great spot over the past 6 months! I think they’re much more sensitive to recent hard inquiries. Citi is one of those lenders that I’m always scared to apply to. You just never know what they’re gonna say. Like for example if you watch Mark Reese’s video on him applying for the Citi Premier, he had many more recent inquiries than us common folk and he was still approved while some people get denied with 1 hard inquiry in the past 6 months. It’s just really hard to tell! At the end of the day, if you applied and got denied it wouldn’t be the end of the world. Another hard inquiry on your account would be annoying, but it’s not gonna destroy you. I would look into some more data points and maybe ask in “The Credit Community” discord Mark Plymale and Daniel Braun have to see what people think about your stats, but at the end of the day if you really want one of them and haven’t applied for a card in a while, it’s worth a shot! As long as you can stomach a denial if it doesn’t work out.
I’m on the verge of applying for this card. Last hard pull on Experian was 3 months ago. My EQ score is 748. Assuming that’s where they pull from I should be approved. They send me mailers every week.
If they’re sending you mailers that’s definitely not a bad sign! I love having this card in my wallet. It’s such a good flex card that’s supplemental to really any setup.
@@SpencerJohnsonOfficial right. And for me their the last real major card issuer left for me to apply for. My last hard pull on my EQ report was back in April of 2022. I’m just working on how I would hit the SUB. And letting my credit report update some recent card payments.
Yeah I feel that. I don’t think it’s a bad thing to have cards with multiple lenders. Diversification can be a good thing! Also it’s nice that the SUB gives you 6 months to hit the bonus. $1,500 in 6 months is only $250 a month which should be really easy to hit. And as always, if you need a link to apply, you know where to come 🤣
@@SpencerJohnsonOfficial ok man reporting back. I grab the mailer for the custom cash card I got the other day and was almost immediately approved for a in my opinion respectable credit limit of $2300.
That’s great man! Congrats on that. Keep killing it!
Wow I just apply and they said I have to wait 6-7 days for an answer is that normal
Generally whenever they give you that message it means that they have to review your application further. It isn’t ideal to not be automatically approved, but it also doesn’t mean you were automatically denied. Sometimes they want to confirm your income or something like that, so generally people will call the reconsideration line to talk to a human and see if they can sway them to approve their application. You can look up the reconsideration number online and call them and ask if they need further information from you to help them with your application. There are a lot of videos on TH-cam that will walk you through what you can say on one of those phone calls but at the end of the day what you’re doing in calling the recon line is talking to a person who will review your application rather than letting the computer system decide for you. Theoretically you have a better chance of being approved by a person rather than a computer, so that is why you’d be calling.
I hope that helps, but to summarize, my recommendation would be to call Citi’s reconsideration line and see if you can sway their decision by giving them any information they need to approve you. I wish you the best of luck!!
@@SpencerJohnsonOfficial thanks for the respond brother I’ll look into that 100%
No problem at all. Best of luck to you!
@@kathyy5903 were you approved? What was the experience like?
Great question! I’m curious how that went as well.
Which Bureau do they pull from?
It looks like they pulled from experian and transunion. Those are the only 2 I have a new hard pull on. Hope that helps!
Spencer - u did not have bank relationship, whats ur age of credit history ? inquiries ?
You're correct! And great question. My oldest account at that point was 1 year and 4 months old and I had about 2 inquiries on my account at that point. I was pretty brand new to credit, but this card has served me super well ever since being approved!
@@SpencerJohnsonOfficial Did Citi pulled all 3 credit reports during application ?
@@dbest4755 It looks like they only pulled my Transunion and Experian from what I can tell. Still unfortunate they pulled from multiple though.
@@SpencerJohnsonOfficial How's CITI customer service ? online chat ?
It’s not bad! I haven’t had a bad experience with them yet. I’d check Reddit for more datapoints on that, but I’ve only experienced good things so far.
Just applied. The website failed to send me my verification code within the 10 mins provided. Application is now on hold. Very upset with Citi over this. May end uo opting out of doing business with them after this. Have been waiting for months to apply, finally pull the trigger and this happens. Ridiculous and very unprofessional.
Dang that is so annoying. Citi does a lot of annoying things that turns me off from them. At the end of the day, the Custom Cash is an excellent card and you won’t regret that one, but I can see why you’re annoyed for sure.
Whats the recommended credit score to get a custom cash?
I would say you’d like to have a 700 and above and a small number of inquiries on your report right now. Ideally you’d want 2 or less just because Citi is sensitive to too many recently opened accounts. However, these are more guidelines than hard rules so it’s a case by case basis!
@@SpencerJohnsonOfficial i have a 677 as of right now and I have an nbt everyday + rewards card and I've only had it since March its my only line of credit and I have an auto loan that my dad cosigned (idk if that affects anything other than the hard pulls they did when they checked if I could do it myself) but what do you recommend to be my second card be I get 4x on dining and takeout 2x on gas and groceries and 1x everything else
That's not bad! Since that is your first credit card line, I would likely wait 6-12 months from March before you get another card, but you could always try to get one earlier than that. This Sunday I will actually be posting a video on my most recommended credit card, the Chase Freedom Unlimited. Theoretically since you are already getting 4x back on dining, this may not be the most optimal card for you, but if you like rotating category cards you could always do the Chase Freedom Flex! The thing that I love about the Freedom Unlimited is that it provides you with the ability to always get 1.5% on everything which would be better than your other card. Plus if you use those Chase points for travel in the future when you get a Chase Sapphire card, you can redeem your points for at least 2x as I'll explain in my video. I think getting started with Chase early is really important, so that's always my recommendation. Other people may recommend otherwise, so take their advice into account to! I hope that helps though.
@@SpencerJohnsonOfficial thanks man love when creators engage with the audience especially this much lol thank you. I know you're supposed to wait 6 or more months before asking for a limit increase and getting another card but I use it so much and the limit is only 1000 so everytime I get close to spending 300 I have to wait and pay it off and use my debit card for a purchase I could be making with that card or another to get more points or cash back so I don't go over 30% utilization really I could just pay it off everyday but thats a bit more work than I'd like but I could do it for a while I suppose
Of course man! That's what I'm here for. This is what I love to do. And yes while that's the general rule of thumb, it isn't a hard set rule or anything. That time frame generally allows your credit score to build up over a longer period of time since you're so new to credit, but I know that can be hard to wait that long. I would probably hold off on any credit limit increase requests because you could always just get a new card with an even higher credit limit. My recommendation for now would be to pay your balance off early for a month so you only report a 1-2% utilization on your statement, and then if after a month you aren't seeing a big difference in your score, then I would go for a new card. That way you can hopefully get close or pass that 700 mark which is what most lenders look for. Also, that will help you get approved on applications if when they pull your credit report you have a low utilization. I honestly think you could likely get approved for a card right now, but it's better to be safe than sorry!
what's your FICO score？Can I apply for this card without FICO although I have credit history？
In applying for this card Citi pulled my credit score as a 775 or so, but my transunion and equifax were hovering between 730-740. However, my experian score was around 705 at the time of application. In general I tend to average around 740 these days, but in applying for this card I would say anything 700 or above gives you a high chance of being approved. I hope that helps! I know it’s confusing as there are different credit scores companies can pull from, but in applying for this card I would recommend that you are above 700. However, you could get approved with a lower score, its just a case by case basis!
If you don’t believe you have a FICO score, I would download credit karma and see where your scores lie there, and that should give you a pretty good idea as to where you’re sitting. Also, credit karma does a good job of telling you the likelihood of you being approved for certain cards, so you could always look into that in the app as well! In the end, I wouldn’t consider this to be a starter card necessarily, but I do believe they approve most people with a good to excellent credit score.
@@SpencerJohnsonOfficial thanks for replying Spencer. But when I enter information in credit karma, it said this app cannot find my information. But I have a BOA credit card for 5 month.
@@yechenzhu8534 No problem! That is very interesting that it doesn't show any credit scores for you. There are only 2 reasons off the top of my head that I can think of that may be casing this.
The first could be that they are waiting for more credit history to build up over the coming months before they assign you an actual score if this is your first credit card.
The second reason could be if you are using your credit card but paying off all balances before your statement close date. If you were to do that then it would signal to Bank of America that you are not using these cards so they would not be able to produce a credit score for you. Assuming you are using your card and paying it off on or right before your due date but after the statement close date, then I am not sure why you do not have a credit score just yet.
Here is a link that provides some other reasons you may not have a score yet, but unfortunately I cannot give you a definitive answer. You could possibly try calling Bank of America as well to see why you do not have a score yet. I hope this helps!
www.creditkarma.com/credit-cards/i/if-you-dont-have-a-credit-score
@@SpencerJohnsonOfficial Thanks Spencer, it is very nice of you. I have logged into credit karma account and found my score 664 & 673. But actually in BOA app, I don’t have FICO score. I wonder the difference between FICO, credit karma score and Chase credit journey.
@@yechenzhu8534 @Yechen Zhu That is great to know that you are at least having a few scores show up for you! I should definitely make a video in the future regarding the different credit scores because it can get very confusing.
The easiest way to think about it is that there are 3 major credit bureaus that credit card lenders report to. Those would be Transunion, Equifax, and Experian. FICO is a separate company that has their own scoring model, but in general, the main 3 listed above should give you a pretty accurate depiction of what your FICO score is as well.
Now as it comes to the different apps/companies and what scores they use, credit karma will show you your Transunion and Equifax score, and the Chase credit card journey shows your Experian score. To get an idea of your FICO score, I would just average all 3 of those scores and that should suffice. It is odd that BofA hasn't showed you your FICO score now, but if you are curious to see it, you could call them to see why it isn't updating on your account!
I hope this all makes sense! Let me know if you have any more questions.
GO SPURS GO!!!
Yessir!! Go spurs go!
What was your interest rate? People can say interest rates shouldn't matter but they do to me. If I deserve a low interest rate and I'm given 20% that really erks me!! Doesn't matter if i pay in full every month, it's the principle with me.
It appears that my interest rate will be 20.24% after the 0% APR introductory period expires next July. For me, I don’t tend to care about the interest rates because I never carry any balance (which is seems like you don’t either) so I don’t worry about that number too much. If you want to know more about my credit score and such when I was approved then feel free to look back on my past comments on this video and hopefully that’ll help you feel out what interest rate you may be sitting at if you were to get this card. Thanks for watching!
I want to apply for this card but don’t think it’s worth a chase 5/24 slot
It's a super solid flex card! I just use it for gas and it's probably my 3rd most used card for that reason alone. It may not be worth a 5/24 slot to everyone, but I don't regret adding it based on my experience with it. It all depends on your goals though!
@@SpencerJohnsonOfficial my major expense is groceries and cook at home rarely eat out. I don’t have a car since I am in the best city in the world NYC 🗽 you definitely have to look at your lifestyle and spend. I am killing my CFF right now in Q1 2023 with 9% on groceries.
@@callmeNeno That's great!! I bet you're killing it with the 9x back right now on groceries. Being in NYC would definitely change my credit card strategy though! Gas is one of my biggest expenses here in Texas lol. I didn't know that's where you were located though, that's awesome! I visited for the first time last summer and really enjoyed it. It's a happening place!
@@SpencerJohnsonOfficial hope you got to enjoyed SoHo little Italy 🇮🇹 and all Manhattan has to offer
@@callmeNeno Oh heck yeah! It was a great time man. Excited to go back one day.
It's certainly not a catch-all card, but for one 5% category, it's not bad. At least you can be flexible and change category, depending on what your other cards are earning on.
100% agree!! I love being able to mold this card to my setup in whatever way I need it!
What is your credit score ?
In applying for this card Citi pulled my credit score as a 775 or so, but my transunion and equifax are hovering between 730-740 currently. I do have a lower score with chase around 705, but in general I am definitely over 700 and my average is around 735. I hope that helps! I know it’s confusing as there are different credit scores companies can pull from, but in applying for this card I would recommend that you are above 700. However, you could get approved with a lower score, its just a case by case basis!
@@SpencerJohnsonOfficial thanks 🙏
No problem!
What if you have a credit score of 465
I would look into getting a secured card first if you can! Discover has a great line of secured cards you can look into, but that is a safe way to build your credit score quickly. There are a bunch of great TH-camrs that have made videos on secured cards and I plan to make some in the future but for now, definitely give theirs a watch!
Also if you are looking to build your credit score fast, check out this video I made recently: th-cam.com/video/YdEaRGXdYqY/w-d-xo.html
Do you have referral link for Citi Custom Cash Card
Did you ask your parents if you could apply for the card.
My parents are actually pretty far removed from my personal finances and have been that way since I was about 18, so I didn't ask their permission per se. They are not quite as into the credit card game as me, but they trust my judgment when it comes to finances, and at this point, I actually help them out with theirs as well! That may not be the case for everyone, but I would definitely consider myself a nerd when it comes to credit cards, so they trust me to make my decisions about them personally.
If you don’t have a Fico score don’t apply you will be automatically denied.
Octubre 22 or 23 I applied for the card and it stayed a pending status and I called on October 25 to the credit card department or to processing credit card department and only needed to confirm my personal information and instantly approved for the card with a $8,600 limit and a 26.99% limit and it pulled my Equifax report with a 705 score and was very surprised and yesterday Friday, November 4 received the card and already activated and registra my online and they gave a 15 months with no interest in purchases and balance transfers so it is very awesome and my credit card with Citi since the past 10 to 15 years hahahahaha.
This is awesome to hear man! Congrats on the approvals and for such a great credit limit on this card! Sometimes it just takes that extra call to the reconsideration line to get approved and everything works out. Thank you for sharing your experience with us man! It’s much appreciated.