02-27-2013 01:19 PM
02-27-2013 01:35 PM
If it has an annual fee... just close it..
Otherwise, sock drawer and lower your expectations... Hooter's card will never be the Hilton surpass card
02-27-2013 01:41 PM
02-27-2013 02:01 PM - edited 02-27-2013 02:03 PM
I myself have a Merrick Bank visa and have only gotten a CL(200) once since opeining account back in May 2012. They actually sent me a letter back in Nov warning me that they may close my account if i keep opening new accounts. My Discover, Walmart and Dillards had reported in August so i guess thats what they were talking about. They auto CLI a month later. I dont think this card will grow with me but i like the fact that they provide with a free monthly bankcard-enhanced TU Fico score if you sign up for paperless statements. That is the only reason i havent closed it.
02-27-2013 02:03 PM
02-27-2013 02:06 PM
I have never had a cli and i have had the card 2 years 3 months
sign up for paperless statement and you can see a monthly TU Fico score that they provide and is the same score they use for Account Review. Otherwise if you really dont have much use for it then just sock-drawer or close it.
02-27-2013 02:07 PM - edited 02-27-2013 02:08 PM
Got mine (Merrick Visa) in Oct 2011 with an 1100 CL. have gotten regular increases every few months. The last one just a few weeks ago. I am not at 3100 CL. Seems each tim I PIF or make a large payment within a few weeks I see a CLI.
02-27-2013 02:08 PM
02-27-2013 02:11 PM
+1 Love that u get a free score but it never updates at the same time each month? It actually shows me having a higher score than myfico. Too bad it isn't my real score :-(
It is a true score because it is part of the FICO family. Im sure thats the score they use for account reviews and approvals. It is know as a "bankcard-enhance" FICO score. Im sure not too many lenders use this scoring model but it is a real score (Not FAKO).
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