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Valued Contributor
RockinRay
Posts: 1,944
Registered: ‎08-13-2007
0

Re: Target Red - Recent approvals


Epcot wrote:
I do stop into target frequently and always thought about the card. 5% savings is better than nothing. But I never pulled the trigger, didn't want the HP and when I did some research I found out about the low CL they give. Last month I went for the debit card and have been very happy. Funds are taken out on the 2nd business day after the transaction takes place.

Use that debit card for 6 months. Let Target get an idea of your spending habits. Then, app for the Red Card. I would bet you will get a nice limit from them since they "know you"... That worked for me. I used the debit for 6 months and was approved for the Red Card with a $2500 limit.

 

Good luck.

Ray

** Every Card has a Job, and Every Card does its Job **

Valued Contributor
trumpet-205
Posts: 2,263
Registered: ‎11-11-2010
0

Re: Target Red - Recent approvals


RockinRay wrote:

Use that debit card for 6 months. Let Target get an idea of your spending habits. Then, app for the Red Card. I would bet you will get a nice limit from them since they "know you"... That worked for me. I used the debit for 6 months and was approved for the Red Card with a $2500 limit.

 

Good luck.


Hopefully you didn't go all in for that betting. I had my debit red from 2011/04, just applied online for credit version and got $300 CL. Spend about $500 per month at Target.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Established Contributor
masscredit
Posts: 691
Registered: ‎07-17-2012
0

Re: Target Red - Recent approvals

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 651 (MyFico 06/05/14) TU - 662 (Barclay 08/05/14 ) EQ 04 - 699 (DCU -07/26/14) EQ 08 - 686 (MyFico -08/09/14)
Senior Contributor
youngandcreditwrthy
Posts: 6,155
Registered: ‎08-16-2012
0

Re: Target Red - Recent approvals

Don't count on it... Target is notorious for low limits. You just lucked out :-P
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Frequent Contributor
Mike360
Posts: 433
Registered: ‎03-19-2010
0

Re: Target Red - Recent approvals


masscredit wrote:

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


No, i've been stuck @ $200 for many years now. Don't waste your time trying for a increase either cause they don't accept customer requested credit limit increases.

~~In my wallet: Best Buy $7500, Dell Preferred $5500, Discover IT $4000, Chase Freedom $3500, Barclays NFL Extra Points $3300, Sears $2800, Bill Me Later $2100, CapOne Platinum $2000, Kohls $1500, Target $200
New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
0

Re: Target Red - Recent approvals


Mike360 wrote:

masscredit wrote:

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


No, i've been stuck @ $200 for many years now. Don't waste your time trying for a increase either cause they don't accept customer requested credit limit increases.


Agreed. Target is inexplicable. With my scores and $335k in income, they gave me a $500 ICL, which has never increased over the 4+ years that I've had the card.

 

To the extent that I use it at all, which isn't much, I use it as a discount card only. Use it at the register to obtain the 5% discount, then immediately walk over to customer service and pay it off right then and there. As a credit card, it's pretty useless.

 

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Senior Contributor
youngandcreditwrthy
Posts: 6,155
Registered: ‎08-16-2012
0

Re: Target Red - Recent approvals

Hahha point here from most ops:

TARGET NATIONAL BANK IS THE STORE CARD VERSION OF CRAPITAL ONE LOLLLL, relatively speaking.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $5k| West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Valued Contributor
jsucool76
Posts: 2,823
Registered: ‎12-11-2011
0

Re: Target Red - Recent approvals


masscredit wrote:

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


Cap1 did the same thing with me, they randomly started me @ 3k and I have no idea why. Im afraid to app for the target card just because I don't want to get stuck at a $300 CL forever (like most people do with cap1 :smileytongue:

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG
Established Contributor
masscredit
Posts: 691
Registered: ‎07-17-2012
0

Re: Target Red - Recent approvals


jsucool76 wrote:

masscredit wrote:

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


Cap1 did the same thing with me, they randomly started me @ 3k and I have no idea why. Im afraid to app for the target card just because I don't want to get stuck at a $300 CL forever (like most people do with cap1 :smileytongue:


I think I'll be happy with my 3k limit and no plan on it increasing. I like the store and use the card a lot.  I don't use the whole limit so that helps my utilization.  I want to get my JCP ($200) and Walmart ($600) limits up.


|****$6000****|****$6000*****|****$4500*****|****$2500****|****$1600****|****$3000****|******$750******|*****$700*****|
EX - 651 (MyFico 06/05/14) TU - 662 (Barclay 08/05/14 ) EQ 04 - 699 (DCU -07/26/14) EQ 08 - 686 (MyFico -08/09/14)
Valued Contributor
jsucool76
Posts: 2,823
Registered: ‎12-11-2011
0

Re: Target Red - Recent approvals


masscredit wrote:

jsucool76 wrote:

masscredit wrote:

I still don't know why my card started at $3k. Not complaining but my credit is nothing special.  I wonder if someone that started with a lower credit limit will be more likely to get a CLI than me. I'll probably try after the 4th statement cuts. 


Cap1 did the same thing with me, they randomly started me @ 3k and I have no idea why. Im afraid to app for the target card just because I don't want to get stuck at a $300 CL forever (like most people do with cap1 :smileytongue:


I think I'll be happy with my 3k limit and no plan on it increasing. I like the store and use the card a lot.  I don't use the whole limit so that helps my utilization.  I want to get my JCP ($200) and Walmart ($600) limits up.


I got my walmart increased from $500 to $800, not a whole lot but it was only 2 months after I had my card. I should've asked for $1000 but I was afraid :smileytongue: They had(don't know if it is still happening) a 0% 18 month offer for electronics $429+ so I just said I wanted to buy a TV and that with a $500 limit I couldn't do anything for $429+ really. 

Wallet: Capital One Quicksilver 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 3000CL, Walmart Discover: 3500CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 2600CL, Bank Of America Student Travel Rewards: 2700CL, Amex PRG

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