Reply
Valued Contributor
FinStar
Posts: 5,156
Registered: ‎10-21-2012

Re: Macy's American Express limit increase not a hard inquiry.


navigatethis12 wrote:

FinStar wrote:


Very nice bump indeed!  Mine have always been auto-CLIs but have noticed they SP before the CLIs eventually take effect.  The same SP timeframe is done for all 4 of my accounts (Macy's Pref AMEX & Store and Bloomingdale's Reserve AMEX & Store).  There's no specific pattern that I can discern as to when DSNB does the SPs since I see them every other month or so.  So, it appears if you request a CLI, and have been softed, then you will not incur the HP.


That does appear to be the case. Last time I did it through the lnk on the website and got a hard on Experian :smileysad: but it was worth it for a 5000 increase.I only received an automated increase way back when I first got the store card. After a few months of use I was elated to see the limit was increased to 1,000 from 300. Since then I have not gotten any automated increases at all. I really don't want to have more on the store side. I don't want it to take away from what they will grant me on the American Express side.


From what I know, they can actually split them.  So, if they SP and qualify for the CLI on both, you can "even out" the CLs if you prefer (some people like consistency).  However, I would agree that the AMEX side would stand with better/higher CL flexibility than the store side.  My Macy's AMEX sits currently at $14K while the store side is $8K.

Mega Contributor
Creditaddict
Posts: 16,883
Registered: ‎10-23-2007

Re: Macy's American Express limit increase not a hard inquiry.


FinStar wrote:

navigatethis12 wrote:

FinStar wrote:


Very nice bump indeed!  Mine have always been auto-CLIs but have noticed they SP before the CLIs eventually take effect.  The same SP timeframe is done for all 4 of my accounts (Macy's Pref AMEX & Store and Bloomingdale's Reserve AMEX & Store).  There's no specific pattern that I can discern as to when DSNB does the SPs since I see them every other month or so.  So, it appears if you request a CLI, and have been softed, then you will not incur the HP.


That does appear to be the case. Last time I did it through the lnk on the website and got a hard on Experian :smileysad: but it was worth it for a 5000 increase.I only received an automated increase way back when I first got the store card. After a few months of use I was elated to see the limit was increased to 1,000 from 300. Since then I have not gotten any automated increases at all. I really don't want to have more on the store side. I don't want it to take away from what they will grant me on the American Express side.


From what I know, they can actually split them.  So, if they SP and qualify for the CLI on both, you can "even out" the CLs if you prefer (some people like consistency).  However, I would agree that the AMEX side would stand with better/higher CL flexibility than the store side.  My Macy's AMEX sits currently at $14K while the store side is $8K.


I've never seen them say they can't do a CLI on store or on Amex because of a recent or to high cl on the other.

Fico Scores: EQ 620, TU 675 & EX 703 (4-1-14)
Joint Cards: Navy NavCheck $15000, Discover iT $9000, Macy Amex $4000, Macy Store $3000, Macy Furniture $5800
AU: Virgin America $8500, CSP $27,000, Fidelity Amex $25,000, AA Biz $25,000, Barclay USAir Biz $6640
Mine: Navy NavCheck $3000, Kay Jewelry $2700, Pottery Barn $2800, FleetCard MC Biz $1800, HSN $1500, Vitacost MC $1500, Navy Cash $1500 and nRewards $1500, Bill Me Later $772, Cap1 Sony $750, Cap1 Spark $750, Best Buy MC $750, GE 76 Gas $650, Von Maur $600, Cap1 QuickSilver $500, Burbank CU $500, Kohls $300, Target1 $300, Target2 $300, Buckle $250, Express $250, Target3 $200
Valued Contributor
FinStar
Posts: 5,156
Registered: ‎10-21-2012

Re: Macy's American Express limit increase not a hard inquiry.


Creditaddict wrote:

FinStar wrote:

navigatethis12 wrote:

FinStar wrote:


Very nice bump indeed!  Mine have always been auto-CLIs but have noticed they SP before the CLIs eventually take effect.  The same SP timeframe is done for all 4 of my accounts (Macy's Pref AMEX & Store and Bloomingdale's Reserve AMEX & Store).  There's no specific pattern that I can discern as to when DSNB does the SPs since I see them every other month or so.  So, it appears if you request a CLI, and have been softed, then you will not incur the HP.


That does appear to be the case. Last time I did it through the lnk on the website and got a hard on Experian :smileysad: but it was worth it for a 5000 increase.I only received an automated increase way back when I first got the store card. After a few months of use I was elated to see the limit was increased to 1,000 from 300. Since then I have not gotten any automated increases at all. I really don't want to have more on the store side. I don't want it to take away from what they will grant me on the American Express side.


From what I know, they can actually split them.  So, if they SP and qualify for the CLI on both, you can "even out" the CLs if you prefer (some people like consistency).  However, I would agree that the AMEX side would stand with better/higher CL flexibility than the store side.  My Macy's AMEX sits currently at $14K while the store side is $8K.


I've never seen them say they can't do a CLI on store or on Amex because of a recent or to high cl on the other.


It happens.  However, as with the above scenario, DSNB is only going to allow so much per TL.  For illustration purposes, if one gets approved a CLI of $3K for the store side, and $5K on the AMEX side, then the option exists to evenly split the total (or aggregate CLI) for each TL.  In the end, most would likely opt to receive the highest CL for the AMEX side.

Valued Contributor
BearsAndTurtlesRtheBest
Posts: 2,964
Registered: ‎10-02-2012

Re: Macy's American Express limit increase not a hard inquiry.

Lucky! Thats a gift from Macys because they dont always make it a SP. 

Wells Fargo Platinum VISA $1,000
Sony VISA $500
Bloomingdale's Credit Card $800
Macy's Credit Card $600
EX FICO---,EQ FICO---,TU FICO---, AAOA---, In the Garden Since 03-25-14

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+