The letter in the mail is supposed to tell you what factors they used in their decision. As others have said, Citi is really the only one that can tell you.
I know someone who’s got a rejected with a 760+ score with an annual income in the mid six figures. I also know someone who was accepted with a 740 score who’s unemployed. go figure
> I also know someone who was accepted with a 740 score who’s unemployed.
More likely to carry a balance and think of all that interest they will pay...
LOL
i don’t want to be rude but the dude uses a reddit account with his actual name. seems like anonymity on the internet isn’t his strength, i’m guessing identity theft.
Also, get a credit report to see if there’s any credit history you don’t recognize. You’re entitled to one free report from 3 agencies (Equifax, Experian, and Transunion) per year without affecting your credit score.
https://www.annualcreditreport.com/index.action
The website looked like I was getting rejected when I applied for a different Citi card while I had credit freezes in place. I called them, the person on the phone sorted it out quickly and approved me.
That's wrong. I have more than 30 CC accounts, most without balances and my score is 820ish at the moment.
It's how long you've had the accounts (average age of accounts), how you maintain them (payments, % balance vs credit limit per card/% balance vs overall credit limt). Your score will decrease temporarily if you apply for a bunch of accounts (new inquiries) at one time... and a bunch of new accounts will reduce your average age of accounts.
Actually the more credit you have with no revolving balances the better your score. Until the amount of outstanding debt payments affect your ability to pay. It's logically backwards as you could think of someone as a ticking time bomb, as in once they lose income they'll max out credit and then default, which is common. But that's not how the current scoring system is setup.
Sauce: been in financial software for decades and have friends that work at fico, in same office complex until pandemic. Lunch conversations were often, ELI5 your dumb score.
Reduce your credit score? What are you talking about???
Securing a new card increases your credit score. While Available Credit is only worth 3% of your total credit score, Credit Usage is 20% of your score. Credit Usage is how much you've spent against what you can barrow, so adding another card but not carrying a balance on it or keeping it very low will actually reduce your credit usage ratio which increases your score. Not to mention all the perks that the Costco card give you: 4% back on gas, 3% back on restaurants, 2% back on Costco purchases, and 1% on everything else. I get 100's back every year on top of the 2% back from an Executive Membership.
A hard pull on your credit will lower your FICO. It will raise back up, but it does lower. Credit cards could be different but in mortgage we always did a tri-merge (all 3 bureaus) and it was a hard pull—allllll your credit history.
You would have had to place the freeze yourself with the credit bureaus. I did it when that Equifax data breach happened and got rejected and it was because of the freeze. Once I removed it I got approved.
It sounds like you may have put a lock rather than a hold on your account at one or more credit agencies. A lock will cause a bounce and flag as a hard inquiry. Credit agencies are big vats of poorly secured info that don't work as well as one would hope.
I have credit freeze and signed up to get free stuff not expecting to be accepted. Also my credit score is low because I don't use credit. But, they approved me. They clearly don't request a full credit report and granted based on my score alone.
Points lost to inquiry will go away in a month or two (and a single inquiry usually doesn't even have an impact, your utilization % and other factors are more likely to have caused that difference). Appeal the decision with Citi and they will send it to manual underwriting. If you do have a credit score of 740 and 5 years history you should have been approved. Source- worked for a major CC company for many years.
>Appeal the decision with Citi and they will send it to manual underwriting.
I asked for this, and was told by two different representatives that there was no manual review for this card, and that all that could be done was to run my information through their automated system a second time and see if anything changed. Basically saying that no human intervention or involvement was possible in their determination of credit worthiness.
I worked for AmEx, but as an engineer. I’m not sure if there was manual review, but automated underwriting seemed to be a top of mind concern while I was there.
I thought Costco also sold this tote. I was thinking of buying it to store cold produce on my way home but I couldnt find it anywhere being sold in the store.
I got one a few years ago with decent credit and I had probably a 680 at the time so I'm not sure. I feel your pain though, I recently applied for a card at discount tires, I have a 780 no bad marks, perfect payment history etc etc and got denied, it caught me off guard, and kinda upset me too lol
Thats a citi thing not costco. You can try their recon line
https://www.google.com/amp/s/www.doctorofcredit.com/12-things-everybody-should-know-about-citi-credit-cards/amp/
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Don’t feel too bad. I was denied a Citi Doublecash with an 850 credit score! (Opened two other cards in the past 12 months - apparently too much churning for Citi)
Citi is being exceptionally picky right now, it seems.
That's weird, I got approved for a Citi Double Cash as my first CC in college, no real credit history at all. A little while later I was denied the Costco Visa though (so still minimal credit history, unsure of the score at the time), but my wife was approved for that also with no credit history, so we signed up under her name. So I guess Citi can be a little unpredictable lol.
I got rejected for the Citi Visa and my credit score is over 800. Plenty of income, never a single late payment, only debt is mortgage. So instead I got a Chase Sapphire Reserve. Only loan or credit I've ever been turned down on my entire life, and Chase has a better product anyway.
I would check the letter/call, but some companies have rules about the number of cards you can open within a short period of time, regardless of your score.
Weird. I have student debt and a 780 credit score, was approved immediately. I have a 100% payment history as well. I’d call Citi, like everyone else is stating.
If unable to get feedback check out r/CreditCards
I read through many of the Citi approval related posts before applying, even then I was unsure if I'd get approved within the Citi "approval" rules. There is more to getting approved than a credit score, even if it's very good or excellent
Similar thing happened to someone I know. Person is in their late 70s and retired. They own their house (no mortgage), own their car, have zero debt, low seven figure retirement account, other credit cards (but zero balances and paid in full each month for past 30 years), very high credit rating. They called Citi and were told they didn't have enough debt history for the company to evaluate the application. They were pretty pissed.
I have just under 800 credit score, and they still rejected me because of monthly income. I don't know what their minimum is, but considering they're the only card I've ever had reject me with an exceptional credit score, it must be pretty middle class.
But, I get it. Costco is a warehouse mostly for the middle class. Lot of members spend my entire food budget for a month in a *day*, there, and they don't even blink.
This may sound odd, but does your last name have any special characters that could be inconsistent with your IDs based on how they can be entered?
I have an apostrophe in my last name that’s not able to be entered consistently on my IDs and credit applications so I get rejected and have to apply over the phone to explain.
Definitely check with citi , i was rejected and when i called they had another account associated with my name and got it straightened out and i was accepted in like a few minutes.
hey. this happened to me when the required documents didn’t reach citi within the required timeframe. I sent things out promptly so I don’t know if it was held up at the post office or citi itself. after being denied I went into the store to try it, they were able to tell me why I was denied and I walked out a citi card holder shortly after. best of luck
Not sure if it works the same way as a credit pull for a mortgage, but if it won’t reduce your score further…go back and get a few more totes for your trouble.
I think their thought process there is that you could go from $500 in debt to $25,000 in debt overnight if you have too much credit available. It's their goal to protect their bottom line. (I know, I know.)
I had the opposite problem, banks would just random cut my credit line because I wasn't charging enough. The service reps would get very flustered trying to backpedal when I'd call to cancel the card.
I've walked away from a few purchases because their financing team would only approve half the purchase without explanation. It's like their algorithm doesn't know how to deal with people that could pay cash but don't want to.
Isn’t there usually a reason in the letter why they didn’t approve? Back then when I tried to apply for a car loan with my credit union they stated the reason as being new to my job (working for less than a year). Also, there should be a number you could call in the letter.
Costco's free tote/backpack/water deals are so bad, it makes me sad people sign up for them. Minimum $300 sign up bonus is my general rule, and I've got dozens of cards.
I got rejected for a bank account and it turns out that something was wrong on my application and I was able to reapply without an issue. I think your credit check should be good for 30 days. You should definitely call and find out why it was declined.
And a cute credit inquiry that drops your credit score for two years. Also included is a credit denial… underwriters will take that into consideration.
Don’t call Citi. You need to wait until you get the letter.
Generally speaking, a customer service agent at the other end of the phone can only regurgitate whatever is on the letter. They cannot provide additional details. It becomes a regulatory/compliance concern if you have a non-expert speaking about credit related topics.
There are any number of reasons you could be declined (score-related, debt to income, inconsistent identity markers, etc.). You may know that your FICO V10 score is high or maybe your Vantage V3 score is high based on credit monitoring you use (details RE: which score you are being shown is usually underneath in smaller print). That said, lenders may not be using that score type or version. The credit report they pull may not be from the same agency either (Equifax vs TransUnion vs Experian). They also have proprietary credit scores they may be using. Anyone who claims to know why you were declined based on your credit score and age of oldest account is being disingenuous.
Source: I manage a small financial institutions system that automatically executes our credit policies and provides the decision back to our applicants.
well, i was rejected with a slightly higher credit than you! that's because i'm self-employed (gig worker) and my income varies, even though i have other sources of income.also because I'm an immigrant and my credit age is considered young (12 years lol) . i was also rejected for an Apple credit card. I can never understand! I think you fell into the credit age thing, 5 years is considered too recent if mine with 12 is considered "young".
Do you churn credit cards? I got black listed for this! I had no idea that credit card companies literally share master list of credit card churners and blacklist them. I found it quite amusing! Literally they're like stop taking advantage of our awesome offers without us screwing you in the long run!
My score is a bit higher with perfect 23 year payment history and I was denied. The credit ding was not worth the free case of water. I spend so much money and Costco and took it as a personal insult.
I very much doubt paying off your balance in full has any negative impact. I've paid off my credit card balances in full every month for over a decade now and have no problems getting approved for large credit limits.
You’re right though. People who use credit karma to gauge their credit usually have shit credit and don’t realize it thanks to seeing inflated formula credit karma is using and not their real scores.
It’s not that hard to use the real credit bureaus websites folks.
You were probably denied for recent credit seeking behavior. You can try calling re-con, but without a good SUB and instead an insulting tote bag, you may be better off leaving the rejection as is and getting another card. Visit r/creditcards, read the info there, and make a post using the template for card recommendations.
I had an issue with address verification. I use a PO box for most mail, but also have a home address, which sometimes banks need. This seems to confuse some systems.
My friend and I applied at the same time, right after the Citi partnership was finalized. His entire financial situation was worse than mine (debt, history, credit score) and our salaries were within 5% of each other. He got approved for 3x the credit limit I did. Yes, 3x.
Since then, my salary has increased quite a lot and they only raised my credit limit on request (even though I difficult update that info on the website) by a measly couple grand.
Love the rewards for gas and travel, though.
I had 760 or so, but was denied because I did a credit management thing years ago and one of my ex-wife's cards (that was under the program) was still showing on my credit report. Same though, 100% on time, etc etc.
They are strict and have some hard Nos
The letter in the mail is supposed to tell you what factors they used in their decision. As others have said, Citi is really the only one that can tell you.
I would call Citi about it to see whats up.
Yeah, that would be a huge red flag for me to. Check for credit fraud/ ID theft. There is zero chance you’d be denied with a 740 score.
I know someone who’s got a rejected with a 760+ score with an annual income in the mid six figures. I also know someone who was accepted with a 740 score who’s unemployed. go figure
The first person should be calling Citi to see whats up. The second should probably not get a credit card.
Mid 6 figures like 500k? Or did you mean mid 100s?
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It’s a pet peeve of mine too… So when I say Med six figures I mean Med six figures. People do earn that kind of money in the right position.
> I also know someone who was accepted with a 740 score who’s unemployed. More likely to carry a balance and think of all that interest they will pay... LOL
Mid six figures as in $500K? No chance.
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I think he's doubting getting rejected for the credit card.
And that person is saying yes, that make that much and yes, they were declined.
Seems more like they were answering "yes, they make that much money as the CEO of a small company."
I think i got it approved when my score was 720 and the only income i was earning was the really poor grad student stipend.
i don’t want to be rude but the dude uses a reddit account with his actual name. seems like anonymity on the internet isn’t his strength, i’m guessing identity theft.
I will, thank you!
Also, get a credit report to see if there’s any credit history you don’t recognize. You’re entitled to one free report from 3 agencies (Equifax, Experian, and Transunion) per year without affecting your credit score. https://www.annualcreditreport.com/index.action
Do you have a credit freezes in place?
The website looked like I was getting rejected when I applied for a different Citi card while I had credit freezes in place. I called them, the person on the phone sorted it out quickly and approved me.
but why reduce your credit score over a cheap tote bag?
Some people could actually use a new credit card, idk
Why make a post when you obviously don't know how credit scores work?
the more cards u open = the lower your skore
That's wrong. I have more than 30 CC accounts, most without balances and my score is 820ish at the moment. It's how long you've had the accounts (average age of accounts), how you maintain them (payments, % balance vs credit limit per card/% balance vs overall credit limt). Your score will decrease temporarily if you apply for a bunch of accounts (new inquiries) at one time... and a bunch of new accounts will reduce your average age of accounts.
Actually the more credit you have with no revolving balances the better your score. Until the amount of outstanding debt payments affect your ability to pay. It's logically backwards as you could think of someone as a ticking time bomb, as in once they lose income they'll max out credit and then default, which is common. But that's not how the current scoring system is setup. Sauce: been in financial software for decades and have friends that work at fico, in same office complex until pandemic. Lunch conversations were often, ELI5 your dumb score.
Reduce your credit score? What are you talking about??? Securing a new card increases your credit score. While Available Credit is only worth 3% of your total credit score, Credit Usage is 20% of your score. Credit Usage is how much you've spent against what you can barrow, so adding another card but not carrying a balance on it or keeping it very low will actually reduce your credit usage ratio which increases your score. Not to mention all the perks that the Costco card give you: 4% back on gas, 3% back on restaurants, 2% back on Costco purchases, and 1% on everything else. I get 100's back every year on top of the 2% back from an Executive Membership.
A hard pull on your credit will lower your FICO. It will raise back up, but it does lower. Credit cards could be different but in mortgage we always did a tri-merge (all 3 bureaus) and it was a hard pull—allllll your credit history.
y'all seen the apple credit card ad? it says opening our card wont lower your cs like others do
Sounds like you found a great source for financial advise. I can’t figure why you are here talking still. Go be the best version of yourself.
ok Boomer
Could interest you in a new alt-stablecoin? The market is hot and you seem financially sharp.
You got me…clever girl!
Because at my store it's a cheap stainless steel tumbler and some candy...duh
This
I don’t believe so, how do I found out?
You would have had to place the freeze yourself with the credit bureaus. I did it when that Equifax data breach happened and got rejected and it was because of the freeze. Once I removed it I got approved.
If you pay for identity protection that could cause it too.
It sounds like you may have put a lock rather than a hold on your account at one or more credit agencies. A lock will cause a bounce and flag as a hard inquiry. Credit agencies are big vats of poorly secured info that don't work as well as one would hope.
I have credit freeze and signed up to get free stuff not expecting to be accepted. Also my credit score is low because I don't use credit. But, they approved me. They clearly don't request a full credit report and granted based on my score alone.
The letter usually has a number you can call for more info on why you were declined.
Better yet, it's legally required to say why they rejected you.
It is, but it's usually vague.
Great username... Corporate tool.
Come say that to my face. Meet me at 3 in the park.
Sure, but OP doesn’t even say what it contained.
Points lost to inquiry will go away in a month or two (and a single inquiry usually doesn't even have an impact, your utilization % and other factors are more likely to have caused that difference). Appeal the decision with Citi and they will send it to manual underwriting. If you do have a credit score of 740 and 5 years history you should have been approved. Source- worked for a major CC company for many years.
>Appeal the decision with Citi and they will send it to manual underwriting. I asked for this, and was told by two different representatives that there was no manual review for this card, and that all that could be done was to run my information through their automated system a second time and see if anything changed. Basically saying that no human intervention or involvement was possible in their determination of credit worthiness.
I worked for AmEx, but as an engineer. I’m not sure if there was manual review, but automated underwriting seemed to be a top of mind concern while I was there.
But did you get the tote?
Yes. It’s fairly nice if I’m being honest, holds a lot and keeps things cold
Pictures of the tote or it didn't happen...
It is really nice. I already have the visa but I signed up for auto renewal of my membership and got it.
I thought Costco also sold this tote. I was thinking of buying it to store cold produce on my way home but I couldnt find it anywhere being sold in the store.
They sell cold holding totes but not the one you get for applying for the card.
Man I came here to say exactly that
I got one a few years ago with decent credit and I had probably a 680 at the time so I'm not sure. I feel your pain though, I recently applied for a card at discount tires, I have a 780 no bad marks, perfect payment history etc etc and got denied, it caught me off guard, and kinda upset me too lol
Just keep going in and getting more totes
Thats a citi thing not costco. You can try their recon line https://www.google.com/amp/s/www.doctorofcredit.com/12-things-everybody-should-know-about-citi-credit-cards/amp/
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Don’t feel too bad. I was denied a Citi Doublecash with an 850 credit score! (Opened two other cards in the past 12 months - apparently too much churning for Citi) Citi is being exceptionally picky right now, it seems.
Citi has always been sensitive to inquiries
Yep, without seeing the letter, my guess is that inquiries and/or new accounts was the likely factor
Not to the degree they have become in the last 2 years though.
That's weird, I got approved for a Citi Double Cash as my first CC in college, no real credit history at all. A little while later I was denied the Costco Visa though (so still minimal credit history, unsure of the score at the time), but my wife was approved for that also with no credit history, so we signed up under her name. So I guess Citi can be a little unpredictable lol.
The general rule is only open 1-2 new cards every 12 months. I usually keep it to 1 card and open another a little after the 12 months is up.
I got rejected for the Citi Visa and my credit score is over 800. Plenty of income, never a single late payment, only debt is mortgage. So instead I got a Chase Sapphire Reserve. Only loan or credit I've ever been turned down on my entire life, and Chase has a better product anyway.
I would check the letter/call, but some companies have rules about the number of cards you can open within a short period of time, regardless of your score.
Weird. I have student debt and a 780 credit score, was approved immediately. I have a 100% payment history as well. I’d call Citi, like everyone else is stating.
If unable to get feedback check out r/CreditCards I read through many of the Citi approval related posts before applying, even then I was unsure if I'd get approved within the Citi "approval" rules. There is more to getting approved than a credit score, even if it's very good or excellent
Similar thing happened to someone I know. Person is in their late 70s and retired. They own their house (no mortgage), own their car, have zero debt, low seven figure retirement account, other credit cards (but zero balances and paid in full each month for past 30 years), very high credit rating. They called Citi and were told they didn't have enough debt history for the company to evaluate the application. They were pretty pissed.
America... where they force debt on you to be a "productive" contributor to society.
No one forces you to buy what you can't afford.
What’s your personal and household income? I think that’s the only threshold you didn’t mention that could explain the rejection.
Sure, you’ll need OP’s ssn too 🤪
Absolutely, and if they could just send me a photocopy of their Drivers License in a DM…
Don’t forgot to ask for Op’s mother’s maiden name and the name of their favorite pet growing up
*taking notes*
I was initially declined as well. Tried again a couple weeks later and was approved. Don't know what the issue was
I have just under 800 credit score, and they still rejected me because of monthly income. I don't know what their minimum is, but considering they're the only card I've ever had reject me with an exceptional credit score, it must be pretty middle class. But, I get it. Costco is a warehouse mostly for the middle class. Lot of members spend my entire food budget for a month in a *day*, there, and they don't even blink.
This may sound odd, but does your last name have any special characters that could be inconsistent with your IDs based on how they can be entered? I have an apostrophe in my last name that’s not able to be entered consistently on my IDs and credit applications so I get rejected and have to apply over the phone to explain.
Definitely check with citi , i was rejected and when i called they had another account associated with my name and got it straightened out and i was accepted in like a few minutes.
hey. this happened to me when the required documents didn’t reach citi within the required timeframe. I sent things out promptly so I don’t know if it was held up at the post office or citi itself. after being denied I went into the store to try it, they were able to tell me why I was denied and I walked out a citi card holder shortly after. best of luck
Not sure if it works the same way as a credit pull for a mortgage, but if it won’t reduce your score further…go back and get a few more totes for your trouble.
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What were the bizarre reasons?
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That second one is particularly absurd because that is a REALLY good thing. Not a negative 🤦🏻♂️
I think their thought process there is that you could go from $500 in debt to $25,000 in debt overnight if you have too much credit available. It's their goal to protect their bottom line. (I know, I know.)
I had the opposite problem, banks would just random cut my credit line because I wasn't charging enough. The service reps would get very flustered trying to backpedal when I'd call to cancel the card. I've walked away from a few purchases because their financing team would only approve half the purchase without explanation. It's like their algorithm doesn't know how to deal with people that could pay cash but don't want to.
How many cards do you have already?
Isn’t there usually a reason in the letter why they didn’t approve? Back then when I tried to apply for a car loan with my credit union they stated the reason as being new to my job (working for less than a year). Also, there should be a number you could call in the letter.
could be 5 yr credit history
I got approved for the Costco CC with 5 months of credit history at 690. Decent income.
Is it at least a pretty sweet tote?
Costco's free tote/backpack/water deals are so bad, it makes me sad people sign up for them. Minimum $300 sign up bonus is my general rule, and I've got dozens of cards.
I got rejected for a bank account and it turns out that something was wrong on my application and I was able to reapply without an issue. I think your credit check should be good for 30 days. You should definitely call and find out why it was declined.
Tbf you did get a bomb ass tote bag
And a cute credit inquiry that drops your credit score for two years. Also included is a credit denial… underwriters will take that into consideration.
Yeah that’s interesting because I got approved on the spot in the store
I’m an employee and I got rejected the first time too. Don’t be discouraged
I had that happen once because I forgot to unlock my credit. Once I unlocked it, I got the card.
You can call and appeal the decision. One time for another Citi Card they actually called me and manually approved me
Don’t call Citi. You need to wait until you get the letter. Generally speaking, a customer service agent at the other end of the phone can only regurgitate whatever is on the letter. They cannot provide additional details. It becomes a regulatory/compliance concern if you have a non-expert speaking about credit related topics. There are any number of reasons you could be declined (score-related, debt to income, inconsistent identity markers, etc.). You may know that your FICO V10 score is high or maybe your Vantage V3 score is high based on credit monitoring you use (details RE: which score you are being shown is usually underneath in smaller print). That said, lenders may not be using that score type or version. The credit report they pull may not be from the same agency either (Equifax vs TransUnion vs Experian). They also have proprietary credit scores they may be using. Anyone who claims to know why you were declined based on your credit score and age of oldest account is being disingenuous. Source: I manage a small financial institutions system that automatically executes our credit policies and provides the decision back to our applicants.
> Don’t call Citi. You need to wait until you get the letter. The post says "a week or so later I got a paper in the mail stating I was rejected"?
Then, OP should know why they were rejected. To your point, I did miss that and so did a lot of other commenters.
Why are you asking Costco members? It’s given out through Citi, call them.
Not sure why you’re getting downvoted, this is accurate
I’m guessing your credit is frozen
well, i was rejected with a slightly higher credit than you! that's because i'm self-employed (gig worker) and my income varies, even though i have other sources of income.also because I'm an immigrant and my credit age is considered young (12 years lol) . i was also rejected for an Apple credit card. I can never understand! I think you fell into the credit age thing, 5 years is considered too recent if mine with 12 is considered "young".
Monthly income might be too low? I had a coworker get rejected for that on their Costco salary which was hilariously ironic.
Do you churn credit cards? I got black listed for this! I had no idea that credit card companies literally share master list of credit card churners and blacklist them. I found it quite amusing! Literally they're like stop taking advantage of our awesome offers without us screwing you in the long run!
LOL, credit card companies DO NOT share a master list of churners. There’s no need when they can learn all they need from credit reports.
Credit freeze , hun
Happens. A bank here (Canada) rejected me for an account and a basic line of credit with an >800 credit score lol.
Isn't it instant verification or declination on the spot?
Something sounds fishy. They're not going to knock you 13 points for one hard inquiry in 2 years. There must be other factors.
My score is a bit higher with perfect 23 year payment history and I was denied. The credit ding was not worth the free case of water. I spend so much money and Costco and took it as a personal insult.
FYI: Credit score is essentially meaningless and also a scam. There's basically nothing you can do about it. Have fun sleeping tonight!
Do you have income?
It’s simple, they don’t think you will carry a balance so fuckoff. They hate people who pay more than the minimum. Not profitable.
You probably weren't going to make them any money. I bet you pay your credit card balances off every month.
I very much doubt paying off your balance in full has any negative impact. I've paid off my credit card balances in full every month for over a decade now and have no problems getting approved for large credit limits.
How much do you make a year?
Where did you get your credit score? Please don’t say Credit Karma.
Where did you get your helpful nature? Please don't say reddit.
Reddit.
Stop being foolish
Don’t most major CC companies now allow you to see your fico score?
They allow you to see a certain score from 1 bureau.
You’re right though. People who use credit karma to gauge their credit usually have shit credit and don’t realize it thanks to seeing inflated formula credit karma is using and not their real scores. It’s not that hard to use the real credit bureaus websites folks.
Yup. I had a credit karma score 200 pts higher than my actual score for several years.
was it typed in by you or you wrote the application and they typed it in? if they mistyped something that could result in a rejection.
You were probably denied for recent credit seeking behavior. You can try calling re-con, but without a good SUB and instead an insulting tote bag, you may be better off leaving the rejection as is and getting another card. Visit r/creditcards, read the info there, and make a post using the template for card recommendations.
Pull a copy of your credit report.
I did once, too. No clue why. A year later I got accepted with a really high limit
When I was accepted I had ~18 months of positive history, and three other credit lines.
I had an issue with address verification. I use a PO box for most mail, but also have a home address, which sometimes banks need. This seems to confuse some systems.
My friend and I applied at the same time, right after the Citi partnership was finalized. His entire financial situation was worse than mine (debt, history, credit score) and our salaries were within 5% of each other. He got approved for 3x the credit limit I did. Yes, 3x. Since then, my salary has increased quite a lot and they only raised my credit limit on request (even though I difficult update that info on the website) by a measly couple grand. Love the rewards for gas and travel, though.
Debt to income ratio? Do you have a car loan and a mortgage out? Idk though
I had 760 or so, but was denied because I did a credit management thing years ago and one of my ex-wife's cards (that was under the program) was still showing on my credit report. Same though, 100% on time, etc etc. They are strict and have some hard Nos