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Established Contributor
FloridaState12
Posts: 614
Registered: ‎08-24-2011
0

Walmart Credit Card approved

Went ahead and applied for a Walmart card...figured, what the hey? I shop at Walmart all the time, I can add some $$ to my overall credit limit, my credit is already going to take a dive (of sorts) when these other 2 new accounts hit (Citi and AMEX), and I get a free FICO every month. 

 

Sadly, I was only approved for $400 CL. This seems like somewhat of a slap in the face given I just got a Citi card for $4,000, and I'm assuming they pulled TU which my score is 713-ish...seems like a low CL. Does anyone know if GEMB is good with giving CLI's? Now I don't know if it was worth the hit or it :smileysad:

 

All this after I swore to myself I would not apply for anything else until at least 2012. :smileytongue:

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Established Contributor
Guava
Posts: 767
Registered: ‎04-08-2011
0

Re: Walmart Credit Card approved

Congrats! GEMB seems to be pretty easy with CLI recently. There were a bunch of threads about members getting all kind of increase; and supposedly, just like clockwork, you can initiate soft pull CLI every 4 statements.


Starting Score (08/11/11): TU08: 643
Current Score: TU08: 741
Goal Score: Stay in the 700s; keep reports clean


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Valued Member
ltorres25
Posts: 46
Registered: ‎08-15-2011
0

Re: Walmart Credit Card approved

The fact that you got an instant approval makes me nervous. I to applied for a cc with walmart but was told to wait a few days for a response. I mine as well chalk this one up in the loss column :smileysad:

 

Congrats on your approval, although only 400 but it is still something that can help your score.


Starting Score: 566
Current Score: 620
Goal Score: 650


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Established Contributor
FloridaState12
Posts: 614
Registered: ‎08-24-2011
0

Re: Walmart Credit Card approved

Thanks guys. I know I should feel happy, but I can't help but feel disappointed at my limit. I think I just let that Citi card with an usually high limit get to my head...now I scoff at these lower limits, when I really have no business having huge CL's given my age of accounts (all <1 year).

 

Yes, I was instantly approved, but just because you weren't doesn't mean you didn't get it! There are tons of people who don't get approved instantly but still get approved in the end...just be patient. Do you have income, itorres? I was stupid and applied for a crapload of things when I was 18 with NO income...denied on all. You have to have a job with income or you're going to have a helluva time getting approved.

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Regular Contributor
notmyj
Posts: 159
Registered: ‎09-02-2010
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Re: Walmart Credit Card approved

I got my walmart card back in december. My scores were around 625. I got an instant $1100. This summer, I hit the love button on my BBRZ Mastercard and they doubled my limit to $600. Upon seeing this, I hit the love button from walmart and they gave me another $100, making my current limit $1200 with a 0 balance. Infact, I just payed everything off in full this month.  But, last month I got an American Eagle card also from GEMB, and I only got a $125 limit so take that for what its worth.

4/6/09 EQ 555 TU 498 EX 553
9/3/10 EQ 590 TU 566 (Just now starting the rebuild)
9/11/10 EQ 610 TU 627
10/21/10 EQ 625 TU 660
12/08/11 EQ 681 TU 648 EX 667
2/13/12 EQ 677 TU 658 EX 675

From 9/2010 to 2/2012 I have gotten $44k in available credit, and closed on my first home 12/23/2011. All was made possible by the people here. Stay with it, it is possible!
Established Contributor
FloridaState12
Posts: 614
Registered: ‎08-24-2011
0

Re: Walmart Credit Card approved

Should I call and immediately request a CLI? Or does that seem desperate...or greedy, I suppose? :smileyvery-happy:

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Established Contributor
KIPPIE12
Posts: 620
Registered: ‎05-09-2009
0

Re: Walmart Credit Card approved

You already took the hard for it anyway, try them and see what they say.  Tell them you are dissatisfied with the initial credit line, and tell them what you expect.  Could cost you another hard, or maybe only a soft.  Or, they may tell you to show some activity and payment pattern for the infamous 4 month timeframe, and then hit the cli button. Four months will be here and gone before you know it.

 

Good luck either way, and keep us informed as to what happens.

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


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Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011
0

Re: Walmart Credit Card approved


FloridaState12 wrote:

Should I call and immediately request a CLI? Or does that seem desperate...or greedy, I suppose? :smileyvery-happy:


With where your credit scores are right now, I'd just use and pay that thing off each month because you'll be first in line for a fat jump. When you hit the luv button in 4 months, they'll probably jack your limit up above $1,000.

 


 

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
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Established Member
sheaoaurus
Posts: 23
Registered: ‎07-28-2011
0

Re: Walmart Credit Card approved

GEMB was pretty nice to me. I applied for a Banana Republic Visa earlier this week and they gave me $2200 with an instant approval.  I was like :smileysurprised: at the register.  Maybe they will raise yours after a while!

MyFico Equifax 10?20 - 732

What's in my Wallet: Amex Zync | Amex BCP | Chase Freedom | Bank of America Power Rewards 123 | Banana Republic Visa | Capital One |
New Contributor
sweetschuni
Posts: 77
Registered: ‎10-16-2011
0

Re: Walmart Credit Card approved


ltorres25 wrote:

The fact that you got an instant approval makes me nervous. I to applied for a cc with walmart but was told to wait a few days for a response. I mine as well chalk this one up in the loss column :smileysad:

 

Congrats on your approval, although only 400 but it is still something that can help your score.


Did you find out if you were approved?


Starting Score: 544
Current Score: 666
Goal Score: 700


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