Reply
New Contributor
travelguru
Posts: 55
Registered: ‎06-03-2007

Questions about new cards I received.......

Hello all credit entheuesits,

I have a question for you guys. I recently went on an app spree and was approved for a Macys store card, Target store card, and a Walmart store card. All of them have less than a $500 limit on them. What is your guys experience with these credit cards? Will I ever get CLI's on them or should I request a CLI when I activate them?

Valued Contributor
daybreakgonesXe
Posts: 1,747
Registered: ‎11-17-2012

Re: Questions about new cards I received.......


travelguru wrote:

Hello all credit entheuesits,

I have a question for you guys. I recently went on an app spree and was approved for a Macys store card, Target store card, and a Walmart store card. All of them have less than a $500 limit on them. What is your guys experience with these credit cards? Will I ever get CLI's on them or should I request a CLI when I activate them?


Feel free to always call up and request a higher limit per recon; recon numbers are available in the stickied threads.

 

I don't have any of these cards, but from reading the forums:

 

Macy's CLI every 6 months, either requested online or via CSR. Sometimes soft, sometimes hard. Will occasionally give you auto luv.

 

Target card so far does not accept customer-initiatives CLI requests. Accounts are reviewed, and you may get an increase, though it is unpredictable and not done as often as other store cards.

 

Walmart store card can and will provide frequent auto luv. You can also request a CLI after the 4th statement cut, and then every 4 months after that, either online, through the automated system, or via CSR.

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $9.8k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k | Discover IT $9.5k

EQ FICO 709 TU FICO 746 Credit Karma (TU) 780 Transrisk 821/990 Credit Sesame (EX) 762 Credit.com (EX) 763 VantageScore 3.0 733
Mega Contributor
Creditaddict
Posts: 18,976
Registered: ‎10-23-2007

Re: Questions about new cards I received.......

Macy's you can call the credit department during business hours and ask for a review of the report already pulled for a higher credit line if you have been in store and they know it's you who applied (if you applied from home originally)

Target just don't even pay attention or worry about it... if it goes up be happy you are a rarity... otherwise just get your 5% for what the card is good for and go on.

Walmart will grow BIG and FAST if you keep on it... every 4 statements online or over phone or call "Credit Solutions" and they can do a manual SP review for any amount you want... if you go this route... always ask for a lot... and if you are at $300 asking for $1k or $1500 might seem like a crazy request but I mean like ask crazy with GE especially as you build your credit and relation with them... it's not crazy to go to $10k+ from under a few grand.

Fico Scores: EQ 657 Cabelas, TU 653 Barclay, EX 699 Wells (07-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Express $300
Over 30 Cards in between :smileytongue:

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
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+