cancel
Showing results for 
Search instead for 
Did you mean: 

How to use your walmart card to get CLI ?

Regular Contributor

How to use your walmart card to get CLI ?

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 

FICO 8's EX 770 EQ 751 TU 771 (1/16/17)
Amex Gold Premier rewards ( Charge Card)
Amex Blue cash - $47,800 Wells Fargo - $15,000 Citibank Simplicity - $13,800 Barclays Apple - $13,000 Walmart Mastercard - $8000 Chase Slate - $7,200 Discover It - $5,500 Capital One - $5,250
13 REPLIES
Epic Contributor

Re: How to use your walmart card to get CLI ?


pat0812 wrote:

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 


GE gives CLI auto usually between 2-4 months, but possibly 6... you should start requesting after 4 but maybe 6 if you don't get an auto.

GE likes TONS OF USE!!!! 

Established Contributor

Re: How to use your walmart card to get CLI ?

I used my card lightly like you and got auto cli at the end of second month.
Usually a cli is ready to be requested after 4-6 months. They do give 1% cash back so purchasing anything that does not earn you a higher cash back than that in other cards will increase usage likely cls when requested.
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Highlighted
Valued Contributor

Re: How to use your walmart card to get CLI ?

 


CruzImperial wrote:
I used my card lightly like you and got auto cli at the end of second month.
Usually a cli is ready to be requested after 4-6 months. They do give 1% cash back so purchasing anything that does not earn you a higher cash back than that in other cards will increase usage likely cls when requested.

This is only for the Discover

  • Current: EQ FICO 706, TU FICO 701, EX FICO 706 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $36,700
  • Inquiries (12 Months): EQ 2 TU 1 EX 1 | Most Recent: 1/21/2014
Chase Freedom $9500
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
Lowe's CC $8500
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
Valued Contributor

Re: How to use your walmart card to get CLI ?

For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%
Contributor

Re: How to use your walmart card to get CLI ?


kevinjjc wrote:
For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%

Agreed. The "rewards" on this card are abysmal. The only reason to get it, IMO, is the free monthly TU FICO score

 

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Regular Contributor

Re: How to use your walmart card to get CLI ?

In my experience, heavy use is the key. Started off at $600, now at 3k with discover offer. I've had the card 15 months.
BK7 Filed | 3/25/2016 | EQ: 530 | EX: 526 | TU: 505
BK7 Discharged | 7/11/2016 | EQ: 535 | EX: 574 | TU: 506
Current FICO 8’s 10/28/2017 | EQ: 680 | EX: 680 | TU: 665
Frequent Contributor

Re: How to use your walmart card to get CLI ?


Elcid89 wrote:

kevinjjc wrote:
For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%

Agreed. The "rewards" on this card are abysmal. The only reason to get it, IMO, is the free monthly TU FICO score

 


I wouldn't call a 15 cents/gallon discount abysmal.

Frequent Contributor

Re: How to use your walmart card to get CLI ?


pat0812 wrote:

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 


I use my card on a regular basis grocery especially i get a increase every 3 to 4 months i would suggest using the card every month and paying it off instead of using it every other month or every 3 months this is from my personal experience.

Established Contributor

Re: How to use your walmart card to get CLI ?

Do you have to let it post a balance or can you use heavily and pay in full monthly for the same result?

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)
Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700

Take the FICO Fitness Challenge