Are You Eligible For The Citi Premier Card?

Are You Eligible For The Citi Premier Card?

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Link: Apply now for the Citi Premier® Card

The Citi Premier® Card (review) is currently offering a best-ever welcome bonus of 80,000 ThankYou points upon completing minimum spending. There are many reasons to get this rewards card, from the 3x points bonus categories, to the $100 annual hotel credit, to the overall value of the Citi ThankYou ecosystem.

Understandably there’s often some confusion about eligibility for the Citi Premier Card, so I wanted to address that in this post, in hopes of maximizing odds of people getting approved.

Citi Premier Card eligibility requirements

There are often questions about what it takes to get approved for the Citi Premier Card, so in this post I wanted to share the three main things to consider before applying for the card, to try and figure out if you’re eligible. Credit card issuers have all kinds of rules when it comes to approving people for cards, so let’s go over some of those.

Are you under Citi’s 8/65 limit?

Citi will generally approve cardmembers for at most one Citi card every eight days, and at most two Citi cards every 65 days. This is a rolling limit, so just make sure you observe that. This is specific to Citi cards — applying for cards with other issuers won’t count toward that limit.

Are you eligible for the welcome bonus (24-month rule)?

The welcome bonus of 80,000 ThankYou points on the Citi Premier Card isn’t available to you if you’ve:

  • Received a new cardmember bonus on the Citi Rewards+, Citi ThankYou Preferred, Citi Premier, or Citi Prestige, in the past 24 months
  • Closed the Citi Rewards+, Citi ThankYou Preferred, Citi Premier, or Citi Prestige, in the past 24 months

It’s fine if you have one (or more) of those cards, you just can’t have received a bonus or closed one of the above cards in that period. Learn more about Citi’s 24-month rule.

What credit score do you need for the Citi Premier Card?

There’s not a consistent rule as to what credit score you need in order to be approved for the Citi Premier Card, as credit score is one of only many considerations when being approved for a card. In general, I’d recommend having a credit score in the “good” to “excellent” category if you’re going to apply for this card.

Personally, I probably wouldn’t apply if my credit score were under 700, and ideally, I’d hope to have a credit score of 740 or higher. That being said, people with scores lower than that have been approved, and conversely, people with scores higher than that have been rejected. There are lots of factors that go into approval — your income, your credit history, how much credit Citi has already extended you, etc.

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Citi Premier Card approval FAQs

To answer a few more of the frequently asked questions when it comes to Citi Premier Card approval…

Is it hard to get approved for the Citi Premier?

Among mid-range credit cards, I find the Citi Premier to be one of the easier cards to be approved for. Of course this assumes you have good credit, including a good amount of credit history, and meet the eligibility requirements. But anecdotally I’ve found that people have better luck getting approved for this card than the Chase Sapphire Preferred® Card (review), for example.

How long does it take to get approved for the Citi Premier?

Approvals on Citi credit cards can be instant, and you’ll often find that to be the case. However, in some situations a manual review may be needed, so don’t worry if you get a message stating that your application requires further processing time — it doesn’t mean you’ll be rejected. You can generally expect that you’ll get a final decision within a week or so of applying.

Which credit bureau does Citi pull from?

If you apply for the Citi Premier, there’s not a single credit bureau that Citi always pulls from. It could be Equifax, Experian, or Transunion, depending on a variety of factors.

Is it bad for your credit score if you get denied for the Citi Premier?

What are the negative impacts of applying for a credit card and getting denied? The only downside is that there’s a new inquiry on your credit file, which could temporarily ding your score by a few points. While everyone’s situation is different, personally I wouldn’t consider that to be a big issue, as losing a few points temporarily shouldn’t have major implications.

Meanwhile getting approved for the card and using it responsibly could have a very positive impact on your credit score, by improving your total available credit, history of on-time payments, credit utilization, etc.

If you get denied for the Citi Premier, can you apply again?

Yes, you can. If you’ve been denied for the Citi Premier in the past, you could apply again. Just because you get denied once doesn’t mean you’ll be denied again, especially if aspects of your credit worthiness have improved (for example, if your credit score went up, the number of cards you opened in the past two years went down, etc.).

However, I’d wait six months (or so) between applications, and make sure that something has changed (for the better) about your credit situation.

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Bottom line

The Citi Premier Card is offering a huge welcome bonus of 80,000 ThankYou points upon completing minimum spending. This is an excellent bonus, and anyone who is eligible should seriously consider applying, in my opinion.

Fortunately the Citi Premier Card shouldn’t be too tough to get approved for — just make sure you have a good credit score and are familiar with Citi’s eligibility requirements.

If you’ve applied for the Citi Premier Card, what was your experience like?

Conversations (7)
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  1. BG Guest

    I can confirm that they give a lot of attention to recent inquiries, even if they're not for Citi cards, and that they won't allow transfers of credit from other cards. I had a score of 816 when I applied, but two inquires in the last few months and was denied. When I called the reconsideration line they confirmed that was the reason, and they also wouldn't consider transferring credit from my other Citi card. Hopefully there's a good bonus in six months!

  2. Jon B Guest

    I have an 820 FICO
    Opened one personal credit card in last 6 months and one business card.

    I have two other Citi point cards ( Rewards + & Double Cash) .
    These are a Prestige I downgraded when Citi gutted the benefits and a (foolish) product change I accepted from a Preferred.

    More than three years since I have received a Citi point bonus or closed a Citi point card via...

    I have an 820 FICO
    Opened one personal credit card in last 6 months and one business card.

    I have two other Citi point cards ( Rewards + & Double Cash) .
    These are a Prestige I downgraded when Citi gutted the benefits and a (foolish) product change I accepted from a Preferred.

    More than three years since I have received a Citi point bonus or closed a Citi point card via aaccepting product change offer they kept emailing me.

    Rejected yesterday for "too many credit card inquiries".
    Really? 3 in last 2 years is many?

    This is second time they have rejected me for no good reason.

    Chase and Amex have clear criteria

    Citi targets customer for product change when they approach eligibility for a signup bonus but does advise this may cause a card number change which they count as an account closure . Thus, baring customer from another sign-up bonus for two years

    I will not waste another hard credit pull at Citibank which is best described as:
    "Where the inept report to Unethical"

  3. Jay Guest

    @Lucky. I open the Premiere card 2019 and received the bonus. After 1 year, I then downgraded to the no annual fee version. About a month ago, I received an offer to upgrade it back to Premiere with the AF waived for the first year, which I accepted. Can I open a second Premiere and be eligible for the 80k bonus?

    Thanks,
    Jay

  4. Craig Guest

    I just got approved, but with a very low credit line. I figured I would just transfer some available credit over from my Prestige card, as I have done this countless times with Chase.
    When I called Citi, though, I was told that they have no way of shifting available credit by/between open accounts.
    I will try to get them to bump the line up once the card arrives. Otherwise, not a big deal; just an inconvenience.

  5. Dan Guest

    Ok just read this in the link above

    Would that product change “reset” the 24-month clock, or whatever the clock may be toward eligibility? The answer is generally “no.”

    Typically if your account number doesn’t change then the 24-month clock isn’t reset. Meanwhile, if your account number does change, that typically counts as having reset the clock.

    so perhaps we are good to go?

  6. Dan Guest

    Same question, we downgraded a Citi Premier to Citi Rewards+ over 24 months ago, are we good for another Premier? thanks

  7. ECR Guest

    "Closed the Citi Rewards+, Citi ThankYou Preferred, Citi Premier, or Citi Prestige, in the past 24 months"

    Would a downgrade (Say Prestige--> Premier) count as a closure for these purposes?

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

BG Guest

I can confirm that they give a lot of attention to recent inquiries, even if they're not for Citi cards, and that they won't allow transfers of credit from other cards. I had a score of 816 when I applied, but two inquires in the last few months and was denied. When I called the reconsideration line they confirmed that was the reason, and they also wouldn't consider transferring credit from my other Citi card. Hopefully there's a good bonus in six months!

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Jon B Guest

I have an 820 FICO Opened one personal credit card in last 6 months and one business card. I have two other Citi point cards ( Rewards + & Double Cash) . These are a Prestige I downgraded when Citi gutted the benefits and a (foolish) product change I accepted from a Preferred. More than three years since I have received a Citi point bonus or closed a Citi point card via aaccepting product change offer they kept emailing me. Rejected yesterday for "too many credit card inquiries". Really? 3 in last 2 years is many? This is second time they have rejected me for no good reason. Chase and Amex have clear criteria Citi targets customer for product change when they approach eligibility for a signup bonus but does advise this may cause a card number change which they count as an account closure . Thus, baring customer from another sign-up bonus for two years I will not waste another hard credit pull at Citibank which is best described as: "Where the inept report to Unethical"

0
Jay Guest

@Lucky. I open the Premiere card 2019 and received the bonus. After 1 year, I then downgraded to the no annual fee version. About a month ago, I received an offer to upgrade it back to Premiere with the AF waived for the first year, which I accepted. Can I open a second Premiere and be eligible for the 80k bonus? Thanks, Jay

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