Originally Posted by
Dr Jabadski
Wow, Citi has interesting criteria for credit card application approval and reconsideration. Applied for this card 2 weeks ago, declined. Called recon, declined. Asked for recon supervisor, declined, suggested I write to Office of President c/o Citi Cards.
Sent letter (as quoted below) by certified mail, received email reply (as quoted below), called the number, was told “we had credit dept review the application again and it's still declined”. Basically the Executive Office rubber stamps whatever the Credit Dept application computer algorithm says, only result of the letter was Executive Dept having Credit Dept review the application again for “errors or mistakes”.
Unbelievable, Citi is essentially saying “we don’t want the business of a high net worth, potentially highly profitable, outstanding credit history customer” (who’s generating lots of profits for our competitors).
Their loss.
Perhaps your problem is that as you note, you are a
potentially profitable customer for Citi but probably a very well known
cost in the terms of SUB’s they will be shelling out for your nonexistent current business.
Do you want their card? Take out a loan, get a CD in 6 digit range, become a customer, not a parasite (in their minds, not mine
)
Sadly, they appear to know your modus operandi and don’t want anything to do with you.