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Established Contributor
Susyquk
Posts: 504
Registered: ‎03-27-2009

Re: Macy's GLI schedule

Ha!

 

After reading this I thought I would call them and see - when I first opened my account  just over 3 months ago - all they gave me was a $100 limit on a store card - thought I would see what I could do.

 

When I called them tho they told me it had already been reviewed on the 20th April after 3 months and that my Credit Limit is now $1000 - WOO HOO! 

Established Member
kalv
Posts: 20
Registered: ‎11-05-2008

Re: Macy's GLI schedule

Nice! I also started with a $100 credit limit. After 3 months, they gave me a $100 GLI, so now I'm at $200.

 

Any ideas behind why the huge GLI? Do you shop and spend a lot at Macy's with your store card? I make small purchases every month and PIF before the statement hits, so it reports a $0 balance.

Mega Contributor
Creditaddict
Posts: 18,807
Registered: ‎10-23-2007

Re: Macy's GLI schedule

Macy's get soft updates from credit reports every month. the previous poster gained over 70 pts, that probably had something to do with the huge increase in credit line. but spending really helps too I think
Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Established Contributor
Susyquk
Posts: 504
Registered: ‎03-27-2009

Re: Macy's GLI schedule


kalv wrote:

Nice! I also started with a $100 credit limit. After 3 months, they gave me a $100 GLI, so now I'm at $200.

 

Any ideas behind why the huge GLI? Do you shop and spend a lot at Macy's with your store card? I make small purchases every month and PIF before the statement hits, so it reports a $0 balance.


I have got it up to the $99 mark once each mnth and then pay it down to $2 or so bu yeah i thik credit addict is probably correct and it is mostly to do with score jump

Established Member
gr2gztch
Posts: 24
Registered: ‎02-08-2009

Re: Macy's GLI schedule


kalv wrote:

Nice! I also started with a $100 credit limit. After 3 months, they gave me a $100 GLI, so now I'm at $200.

 

Any ideas behind why the huge GLI? Do you shop and spend a lot at Macy's with your store card? I make small purchases every month and PIF before the statement hits, so it reports a $0 balance.


 Kalv, 

 

i've used this card probably 5-6 since opened in July 08. most of those times the card was pif before a statement was cut and were very small amounts of $50 or lower. If they went by spending habits then I shouldnt have a 1500 cl.

Valued Member
torry590
Posts: 56
Registered: ‎06-18-2007

Re: Macy's GLI schedule

They denied me for a GLI, I have had the card since november 2008, never late, balance is low.

 

They started me at 100, uped me to 200.

 

 

and i called for my GLI yesterday and denied.. wtf?

Senior Contributor
score_building
Posts: 3,509
Registered: ‎01-10-2008

Re: Macy's GLI schedule


torry590 wrote:

They denied me for a GLI, I have had the card since november 2008, never late, balance is low.

 

They started me at 100, uped me to 200.

 

 

and i called for my GLI yesterday and denied.. wtf?


 

you've had the card for approximately 6 months.  you need to wait for 3 statements to cut from the last increase. 
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Senior Contributor
score_building
Posts: 3,509
Registered: ‎01-10-2008

Re: Macy's GLI schedule

itsmeagain, 

 

i'm jealous, as a city dweller, i rarely get to a bbq :smileysad:

thanks for sharing the info. about your store card/ visa pairing-  

 

just remember next time to throw another shrimp on the barbie for me!

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Valued Member
torry590
Posts: 56
Registered: ‎06-18-2007

Re: Macy's GLI schedule

I did let it cut, I called when they told me to. They said I was denied for one.
Senior Contributor
score_building
Posts: 3,509
Registered: ‎01-10-2008

Re: Macy's GLI schedule

as creditaddict indicated they pull a soft every month.  if you have negative info. reporting, that may be the reason they did not increase CL.
FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)

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