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Frequent Contributor
new_earth
Posts: 417
Registered: ‎03-23-2013
0

Re: Bloomingdales & Macy's starting limits

can anyone answer my last question about statement reporting? it's driving me nuts to know. thanks :
The Duck Card $7500 - DCU Visa Platinum $7100 - Amex Everyday $5000 - Amex Delta Skymiles $7700 - Amex BCE $2000 - Discover it $2500 - Chase Marriott $5000 - Chase Freedom $3500 - Chase Slate $2000 - Barclay Rewards MC $3300 - Ebates Visa $1800 - Macy's Amex $3000 - Bloomingdale's Amex $3000 - Walmart Discover $6000 - Chevron-Texaco Visa $3300 - PayPal SC $3200 - Home Depot $5000 - and too many other store cards
Epic Contributor
Creditaddict
Posts: 20,029
Registered: ‎10-23-2007
0

Re: Bloomingdales & Macy's starting limits


new_earth wrote:

I have another question about these cards, I have never had any store cards before this. Do they report every month whether you use the card or not? I used both of them and paid in full but was not able to do it before the statement cut, it was a few days after. So they are both at zero now way before the due date, but reported with the balances I had. But I am wondering, does that mean the balance I have from those first statements will remain that way on my reports until I use them again and show a lower balance? If so that stinks but oh well...


Just like all other credit cards, the balance as of reporting will be the balance reported and remaining on credit report until next reporting. (most banks do this on statement closing day).

 

While you do have the CL, If you are shopping in store, it is not usually an issue to shop over your CL and they are very good about CLI fairly quickly, 3 months or so on store and 6 on amex, use to be 3 on both.... don't worry about it to much and shop away.

Fico Scores: EQ 673 DCU, TU 678 Wally, EX 669 Chase(08-31-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 45 Cards in between :smileytongue:
Frequent Contributor
new_earth
Posts: 417
Registered: ‎03-23-2013
0

Re: Bloomingdales & Macy's starting limits

what I am asking though is, will they report again next month with my 0 balance automatically or do they only cut a statement if you've made a new purchase?
The Duck Card $7500 - DCU Visa Platinum $7100 - Amex Everyday $5000 - Amex Delta Skymiles $7700 - Amex BCE $2000 - Discover it $2500 - Chase Marriott $5000 - Chase Freedom $3500 - Chase Slate $2000 - Barclay Rewards MC $3300 - Ebates Visa $1800 - Macy's Amex $3000 - Bloomingdale's Amex $3000 - Walmart Discover $6000 - Chevron-Texaco Visa $3300 - PayPal SC $3200 - Home Depot $5000 - and too many other store cards
Valued Contributor
maiden_girl
Posts: 2,098
Registered: ‎12-29-2011
0

Re: Bloomingdales & Macy's starting limits

When I first got approved for Macys card...my credit limit was $100. LOL yes. I just recently had it moved to 1k.

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Frequent Contributor
austinguy907
Posts: 304
Registered: ‎03-03-2008
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Re: Bloomingdales & Macy's starting limits

@new_earth

 

Settle down!!  When your next statement cuts showing $0 it will be reported as $0.

Scores by lender CLI requests 4/15/14: EQ 760 / TU 755 / EX
------------------------------------------------------------------------------------
Scores by lender 4/25/11: EQ 705 / EX 743 / TU 735
Mortgage closed 5/20/2011!
Frequent Contributor
new_earth
Posts: 417
Registered: ‎03-23-2013
0

Re: Bloomingdales & Macy's starting limits


austinguy907 wrote:

@new_earth

 

Settle down!!  When your next statement cuts showing $0 it will be reported as $0.


lol ok thank you...I thought it should then second guessed :/

The Duck Card $7500 - DCU Visa Platinum $7100 - Amex Everyday $5000 - Amex Delta Skymiles $7700 - Amex BCE $2000 - Discover it $2500 - Chase Marriott $5000 - Chase Freedom $3500 - Chase Slate $2000 - Barclay Rewards MC $3300 - Ebates Visa $1800 - Macy's Amex $3000 - Bloomingdale's Amex $3000 - Walmart Discover $6000 - Chevron-Texaco Visa $3300 - PayPal SC $3200 - Home Depot $5000 - and too many other store cards
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,463
Registered: ‎10-02-2012
0

Re: Bloomingdales & Macy's starting limits

Macys is pretty wierd. My parents both have a macys acct. My dad currently used his card to purchase clothing for him and I totaling $1,600 and his CL was only $1,500, so asoon as his statement arrrived we noticed that his CL jumped $300 bringing it to $1,800, same thing happened to my mom her CL has $2,500 she made purchases here an there and almost go to her limit so when she received her statement her CL said $3,300 they did a cli of $800 SO YEAH pretty weird now it wont report as passing their CL. WE love macys they have been great to us next is my sister waiting for her CLI.


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