Breaking the $5000 Credit Card Limit?

[texasman07]

So I received my first CLI to 5000.00$ on my Walmart Credit Card.  Does this mean I have reached a new level with my CR? or because its a store card-not really?

[tcbofade]

Dunno yet...I've had a Kay's card worth $7,600 for a few years...but no "real" credit card worth more than $2500 until very, VERY recently...

My CU just increased my credit limit from $2,000 to $5,500...I'm going to wait until it reports that to the credit bureaus and then I'll try to get some other CC's to match my limit...

[Express]

Nice CLI!   

[red259]

---

@texasman07 wrote:

So I received my first CLI to 5000.00$ on my Walmart Credit Card.  Does this mean I have reached a new level with my CR? or because its a store card-not really?

---

I have heard breaking the 5k barrier has opened the flood gates for some people when they applied for new cards and getting higher credit lines. I'm hoping to find out when my cards age a bit more. In terms of it being a store card I am not really sure how those would be viewed by CC companies. I think I have seen people with high limit store cards and the rest of their cards were much lower. That being said either way you look at it your new limit won't hurt your chances so congrats on your CLI!

[texasman07]

Thank you!!

[texasman07]

My SAMs card is about to get upgraded to a SAMs discover and it currently has a CL of 4500

[myjourney]

Congrats CLI

[negg]

As you can see my sig, all of my cc are teenager CL. Two days ago Amex approved me for there delta card 5500 limit. How much longer till my other cards cards catch wind of this ??, would like to get me a signature visa. I know visa likes to see a CL of $5000 for awhile.

Thanks

[myjourney]

---

@texasman07 wrote:

So I received my first CLI to 5000.00$ on my Walmart Credit Card.  Does this mean I have reached a new level with my CR? or because its a store card-not really?

---

Some lenders consider any limits store or CC

Chase does not for store cards

[azguy13]

Congrats!