Credit Card Center Advertiser Disclosure†
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).