Credit Cards Center Credit cards from our partners
Reply
Frequent Contributor
Posts: 389
Registered: ‎07-09-2012
0

Holy buckets Batman - What did Sam's club do?

So after I closed on my house I went on an app spree.  Got approved for a Sam's club  card.  A whole whopping $400.  I immediatly asked for a higher limit and was turned down.  I maxed it out, paid it off, maxed it out and paid it off.  I let the balance sit for about 2 weeks before paying off.  I asked for a credit increase and was turned down.  Decided to hell with them, I let the card sit ideal for 30 days.  I log onto my account to make sure I paid off before interest hit and verify I am truely at 0 balance (I am).  But notice they increased my limit to $1700!!! 

 

Holy buckets!!!  That is a $1300 uninitiated increase.  

 

How often should I expect these increases?




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
Community Leader
Senior Contributor
Posts: 30,826
Registered: ‎02-07-2013
0

Re: Holy buckets Batman - What did Sam's club do?

Congrats on the auto luv

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Moderator Emerita
Posts: 27,204
Registered: ‎09-13-2012
0

Re: Holy buckets Batman - What did Sam's club do?

Congratulations! YMMV but a good rule of thumb is after every 4th statement you can request a CLI
Highlighted
Valued Member
Posts: 81
Registered: ‎09-01-2013
0

Re: Holy buckets Batman - What did Sam's club do?

Not the first time I read this story. I'm beginning to wonder if its a good idea to hold on to a new account for at least 4 months.

 

Anyhow, that's a nice bump!

"Neither a Borrower Nor a Lender Be"

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.