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Contributor
MagicShot
Posts: 276
Registered: ‎01-15-2009
0

Best Buy Cardit Cards Issue

I have both the Best Buy Rewardzone Mastercard and the Store Card.

 

Issue with Mastercard: CL is only 800 I would like a better limit but that tell me that CLI is not avalible on my account. Is there any way to get a higher limit on that card such as re-applying? (Note: It has annual fee which they waived for the past 2 years & I got like 300 back in bestbuy bucks too :smileyhappy: )

 

Issue with Store Card: my credit limit is only 1150 and to make most purchase in that store for what I want/need would need a higher limit plus I would not charge something that would complely max out my card even if its 0% interest. I think I may be on Plan B. Would like to switch to Plan A :smileyhappy:

 

Here is my Credit profile:

 

BankOpenedBalanceReportedStatusCredit Limit
American Express Blue Sky02/2011 003/2011 PAYS AS AGREED1000
American Express Zync02/2011 003/2011 PAYS AS AGREED 
BANK OF AMERICA 03/2011 003/2011 PAYS AS AGREED0
BANK OF AMERICA 05/2010 002/2011 PAYS AS AGREED5000
BANK OF AMERICA 09/2009 002/2011 PAYS AS AGREED2000
CAPITAL ONE BANK USA 06/2010 8002/2011 PAYS AS AGREED750
CAPITAL ONE BANK USA 01/2008 002/2011 PAYS AS AGREED750
CHASE BANK USA, NA 11/2007 003/2011 PAYS AS AGREED700
CITICORP TRUST BANK 05/2010 2,66602/2011 PAYS AS AGREED4000
DISCOUNT TIRE/GEMB 01/2011 80002/2011 PAYS AS AGREED1500
DISCOVER FINANCIAL S 01/2011 24603/2011 PAYS AS AGREED1000
GEMB/AMAZON PLCC 10/2010 80002/2011 PAYS AS AGREED1300
GEMB/CARE CREDIT 05/2010 40102/2011 PAYS AS AGREED4500
GEMB/GAP 02/2007 16902/2011 PAYS AS AGREED800
GEMB/JC PENNEYS 10/2007 003/2011 PAYS AS AGREED2000
GEMB/LOWES 09/2009 5002/2011 PAYS AS AGREED5400
GEMB/OLD NAVY 10/2007 003/2011 PAYS AS AGREED1200
GEMB/OLD NAVY DC 02/2011 9602/2011 PAYS AS AGREED1800
GEMB/QVC 09/2009 002/2011 PAYS AS AGREED1450
GEMB/SAMS CLUB 10/2010 5002/2011 PAYS AS AGREED1500
GEMB/WALMART 05/2008 5003/2011 PAYS AS AGREED1175
HSBC BANK Best Buy MC09/2007 002/2011 PAYS AS AGREED800
HSBC BANK - Orchard09/2007 002/2011 PAYS AS AGREED700
HSBC BEST BUY Store11/2010 002/2011 PAYS AS AGREED1150
HSBC YOUNKERS 10/2010 002/2011 PAYS AS AGREED1100
TARGET NATIONAL BANK 10/2007 002/2011 PAYS AS AGREED1000
US BANK 01/2011 11602/2011 PAYS AS AGREED500
WFCB/HSN 09/2009 15002/2011 PAYS AS AGREED3700
WFNNB/VICTORIA'S SEC 12/2010 5002/2011 PAYS AS AGREED$350
Totals $5,724  47125

 

The Above is my Revovling Lines...

 

These Just dropped quite a it due to recent lowered AAoA & Inq's

TU: 687 - 12 Inq's - FICO -  1 PD Collection in '05 agreed to PFD but only removed from EQ and now when I call they wont do anything about it

EQ: 677 - 30 - Inq's -  No Baddies/CO

Ex: 690 - 5 Inqs - Fako - 1 PD Collection in '05 agreed to PFD but only removed from EQ and now when I call they wont do anything about it

 

I would appreciate any advice on how to get a higher CL on the MasterCard & how to get on Plan A on the Store Card?

 

Thanks Much

-Magic

 

 

 

 

 

 

 

Regular Contributor
ty101
Posts: 198
Registered: ‎12-12-2007
0

Re: Best Buy Cardit Cards Issue

When I applied for the Mastercard they pulled EQ and I'm in New York, you said you have 30 Inq's.

Why not let the inq's fall off before applying.

BTW are you still getting approved for CC's with that many inq's?

And here I am worried about my 6 inq's =)

Contributor
MagicShot
Posts: 276
Registered: ‎01-15-2009
0

Re: Best Buy Cardit Cards Issue

Yeah, I was at 20 Inq's 4 months ago. I Just got approved for the following is the last few months... Scores were 690-732 4 months ago.

 

US Bank Visa (500) 1/11

Discount Tire Card (1500) 1/11

Old Navy Visa (1800) 2/11

Discover (1000) 1/11

BofA Signature Visa (5000) 2/11

AMEX Zync (No-Limit) 2/11

AMEX Sky Blue (1000) 2/11

 

Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: Best Buy Cardit Cards Issue

I don't know why everyone seems to like Best Buy so much.  In my experience, for lots of things like TVs, their 0% offers are bogus.  They've already inflated the price hundreds of dollars over the competition so the financing is built right in.  If you then mess up and end up actually paying the interest on top of their inflated prices, you're really getting killed.  They do have decent deals on computers at times.  But I think you can get much better deals on electronics via on-line retailers.  Even Crutchfield, which isn't exactly cheap, usually does better than Best Buy. 

 

In any event, if you're going to burn so many inquiries, you should be looking at cards with better signup bonuses.  The airline cards have been offering crazy deals.  If my scores were in the mid 700s and I wasn't looking to buy a house in the near future, I'd be trying to sign up for as many of the airline bonuses as possible.  Once your inquiries age off and your scores come back up, I'd look at offers like that.  


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Super Contributor
concorduser
Posts: 6,025
Registered: ‎09-18-2007
0

Re: Best Buy Cardit Cards Issue

Dont waste your time with HSBC BestBuy cards. They are very stingy and does not grow with you. I have been trying to get cli for the last two years with no luck. I do buy lot of stuff at BestBuy and pay in full. They never gave me a CLI. Dont blame your self and your inq's for the way HSBC BestBuy Cards behave.

Super Contributor
DI
Posts: 5,767
Registered: ‎01-28-2008
0

Re: Best Buy Cardit Cards Issue

Not to take away from the reason of your post, but how did you get so many accounts?  Are any of them AU accounts?

Contributor
MagicShot
Posts: 276
Registered: ‎01-15-2009
0

Re: Best Buy Cardit Cards Issue

No those are all my accounts Except 3 accounts that are joint with my wife that are the discount tires, GEMB(ashley card, & Younkers) :smileyhappy:

Established Contributor
jefftca925
Posts: 686
Registered: ‎08-14-2008
0

Re: Best Buy Cardit Cards Issue

 


MagicShot wrote:

No those are all my accounts Except 3 accounts that are joint with my wife that are the discount tires, GEMB(ashley card, & Younkers) :smileyhappy:


LOL!!  Now I don't feel so bad....WOW!!  30 inquiries??  :smileysurprised:  But back to your original question... my guess is that your Best Buy account is a plan B account and that is why the limit isn't going up and never will.  I've read that others re-applied at the store and were approved for the plan A account which will give you increases and a better limit.  However, with all of those inquiries and new accounts that might be difficult.  But you can always give it a shot...heck...one more inquiry isn't gonna make that much of a difference at this point. :smileyvery-happy:

 

CCs: Chase Freedom World MC 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 10.8k, Citi AA Amex 6k, Nordstrom Visa Sg 10k, Amex Zync, Costco Amex 12k, BofA CR Visa Sg 17k, Amex BCP 9.5k, Amex Blue 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR Visa 44.6k, Chase United Visa Sg 13k, Chase Marriott Visa Sg 8k, Citi Simplicity 13.3k, PayPal MC 5k, Compass Visa 4k, WF Visa Sg 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 13.3k, Capital One QS Visa 11k, FRN MC 13.5k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates Visa Sg 8k FICOs as of June '14...EQ 808 TU 804 EX ?
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: Best Buy Cardit Cards Issue

Check out this recent thread regarding the possibility of switching a plan B card to a plan A card (although according to this poster, it takes a 2 year review period).

 

http://ficoforums.myfico.com/t5/Credit-Cards/HSBC-Specializing-in-Confusing-Customers/m-p/853862


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Contributor
MagicShot
Posts: 276
Registered: ‎01-15-2009
0

Re: Best Buy Cardit Cards Issue


DI wrote:

Not to take away from the reason of your post, but how did you get so many accounts?  Are any of them AU accounts?


Is that a lot of accounts or something? My wife has maybe half as many accounts as I do. but her scores are better because she didnt go on an app spree as I did. I am done apping usless I absolutely need to for something.  I wanted some prime cards with rewards such as AMEX, Discover and BofA, as I will be traveling for work more and more and need higher limit cards for work expenses untill I return from trips and such.

 

As for the Best Buy Cards would would prefer to have them rasied without closing and taking a AAoA and new Inq hits, so if I cant up the CL's, I will have to wait until my Inq's drop off, and maybe retry to up them.


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