01-14-2009 05:27 AM
I got my Best Buy Reward Zone Mastercard at the beginning of November, maxed it out at $480 (out of $500 available), paid it off mid december and maxed it again right before Christmas.
Just logged in to see when my January payment was due and my CL is now $800.I really did not expect this, especially since my other cards were also maxed out at the beginning of november as well.. Is this normal?
Too bad my lower interest cards couldn't get an increase...
01-14-2009 09:27 AM
I think it is normal for Best Buy to bump after three months. I am at a similar point rebuilding my credit and I was bounced from $500 to $800 aroudn the frist of December as well. The only difference I had not maxed my card out but I had used it several times and apid it off every month in full.
EX 653, EQ 630 TU 612
01-14-2009 09:28 AM
I hate you. Just kidding I am just a (large) bit jealous. I have had mine for about 4 months, but it is has been near its max the whole time. I had some auto repair expenses come up literally a week after i got the card, so i ran it up to the max right away. I have been putting about $100-$150 per month through it each month and then paying that off, though, so I have been showing at least SOME use and payment activity each month. I am to worried about a CLD to even hope for a CLI right now in today's market. Congrats to you! Perhaps there is still hope for me too--I plan to pay it down to $0 before I reach the 6 month mark, so I will keep my fingers crossed.
Now, my Hooters card on the other hand...I have been running that up to its CL ($500) and PIF on a monthly basis every month since I had it--surely, they will show me some luv soon?
01-14-2009 10:02 AM
for me, it started as a 300cl- cli to 450 @ activation.
On the 2nd stmt, auto cli to 650.
No cli on the 3rd stmt lol darn, was hoping they’d cli every stmt.
Am hoping for another cli @ 7th stmt.
Run A LOT through the cc + PIF
Does any1 know if the bb rewards mc has a cl CAP?
01-14-2009 10:13 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.