@Anonymous wrote:
I'm a weird Amazon shopper. I never find deals there that I can't beat in person elsewhere on most products. But a few times a year they will have something major that's cheaper than anywhere else. Sometimes it's an open box item, other times it's a third party vendor selling. Always items over $3000. I have bought a few things with my $400 toy limit but not much
My other toy limit is Comment Williams Sonoma store card. Also $400. WS is crazy overpriced but they do price match and 5% in rewards means I'll find a deal every few months. They refuse me CLI and gave me two hard inquiries trying both Robolady and on the luv button. Won't use them anymore with the toy limit. Recently wanted a $5500 item they had but bought it elsewhere for 7% less after looking for a few weeks. Two inqs for $0 CLI means permanent sock drawer other than $4 item in store to show activity.
LOL. I understand. I have signed up for a few discount sites like FatWallet and FatKidDeals and they always have these great deals on things I want that happen to be on Amazon. It would be nice if I had the Amazon card instead of paying with other methods but I'm still trying to avoid leaving the garden.
I thought about the WS card just because it was a Visa but everything was way too high for my liking. I'm still a newbie to rebuilding credit so when I went on my spree I was tempted to apply for everything I could but luckily I followed the advice of people on this forum and just stuck with the places I know I'll shop at.
Congrats on your increase. Yeah the $400 was low but remember, their limits and increases are more based on your rising TU score than your income. Lol, with all the high income earners here, if it was only based on that people would be sporting 30-40k amazon accounts lol.
With a 689, a 5- 6k limit is the norm. Once you start getting 700 and higher, the limits will get better. We have the exact opposite problems, a nirmal purchase for me would be $40 or less haha. The abcs of my economy
With a 689, a 5- 6k limit is the norm. Once you start getting 700 and higher, the limits will get better. We have the exact opposite problems, a nirmal purchase for me would be $40 or less haha. The abcs of my economy
@Anonymous wrote:See, now that's a pretty fantastic limit for Amazon!! Can I get a woot woot
My amazon PLCC has been at $5K for almost 2 years now, despite a huge improvement in my scores. Online CLI request always results in a no, and the couple of times I've talked to chat as well. The reason always given is not enough experience with current limit, despite me running the balance up to $4,700 and paying it down.
I see people with 12-15K limits in here sometimes, which would give you room for a large purchase, plus 6 months, without high utilization. Chances are I'll just end up closing the card because as I get wiser about my finances, I find myself needing 0% less often. I guess if I absolutely needed to, I could use my blispay to speak the payments out.
@AverageJoesCredit wrote:
Congrats on your increase. Yeah the $400 was low but remember, their limits and increases are more based on your rising TU score than your income. Lol, with all the high income earners here, if it was only based on that people would be sporting 30-40k amazon accounts lol.
With a 689, a 5- 6k limit is the norm. Once you start getting 700 and higher, the limits will get better. We have the exact opposite problems, a nirmal purchase for me would be $40 or less haha. The abcs of my economy
Oh yeah the $400 was fine, I knew they'd raise it eventually and once my score jumped so much over just 3 statements I guess $5000 is better than being stuck at $400!
Most of the high ticket items I buy (including my house!) I also rent out to people who need to use it but can't afford it. For example, I could have bought a nice $1000 DSLR which I would use maybe 10-15 times a year, or I could buy a $10,000 pro level camera which I can rent out to wedding photographers I know who are already paying $300 per weekend. Since wedding season is about 20 weeks here, I could earn back the difference between the two cameras in a few years (in fact, I earned it back that first year and kept the camera basically free).
I am extremely thrifty with things in the normal price range. I never see any great deals at Amazon (or most online sites) except for holiday sales and the very, very rare open box or whatever. I always look. If I want something, I'm also willing to wait for a year or longer to get it if I can find a better value.
I know of 3 things I'll buy on Amazon in the next 6-9 months, all are 4 figure items, all I know I can rent immediately on receiving them -- and Amazon happens to be the cheapest (plus the 5% rewards makes it even better). I was planning on paying with my 1.5% card (gift card purchases) but this now gives me a lot of wiggle room -- still not enough for the biggest buys but it'll get there in time.
Amazon, like almost all businesses, pull a lot of advertising gimmicks to get people to buy there, but 19/20 times, I find better values locally just negotiating a bit. Recently bought a gift for someone (they told me what to buy and said Amazon was the cheapest) for almost 15% cheaper just going into a local store and telling them I'm paying cash if they're willing to budge a bit on the price. They budged more than I had expected!
@ABC, just my data points for what it's worth. I have received CLI's twice with the Amazon store card, one at 60 days and the next at four months. I started at $1800>$2600>$6000. I have asked for the CLI both times through chat.
You should be in great shape for your purchase and congrats on the nice CLI!
Chapter 7: Discharged November 2015
Total Revolving Credit Lines 1 month post discharge: $2600, no secured loans
Total Revolving Credit Lines 1 Year post discharge (Nov. '16): $86K, Total with installment loans: $174K
Total Revolving Credit Lines 21 months post discharge (Aug '17): $184K, Total with installment loans: $326K
11/15 Fico 8: EQ-585, TU-550, EX- 551
01/17 Fico 8: EQ-695, TU-703, EX-673
08/17 Fico 8: EQ-693, TU-696, EX-682
Inquires: Next subject please
Congrats on the CLI, @Anonymous!
Just a reminder that calling the Credit Solutions number provided earlier isn't the same as using chat (or calling the number on the back of the card); there's no required minimum time between request with Credit Solutions (i.e. no four month wait). People have even called them for a CLI, realized they should have asked for more, then called back in the same day and received another CLI (I probably woudn't recommend that; I'm just providing the data point).
Of course the results will always be YMMV, but it's a painless call and if you're needing a significant bump on a Synch card they can't be beat. Edited to add: Remember to aim high, since they will counter-offer. 
Side note: You might already be aware of this, but it would be irresponsible of me not to at least mention the Synchrony blue envelope possibility for others reading who might not otherwise be aware. I'll add that I don't think you have anything to worry about, and it's been a while since I've read of somebody getting one anyway.
