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Target and Walmart balance reporting strategy

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godsentdeath
Established Member

Target and Walmart balance reporting strategy

I have a target card which I have had for about 7 years now. I am stuck at $200. I understand Target CLIs are few and far between, however, some people have recently been reporting CLIs. My question for them is, do you allow a large balance to report, then PIF, or do you charge a large amount, and PIF before the statement cuts.

 

 

I also recently was approved for the WM Discover. I am of the understanding you need a balance to report in order for a statement to cut, and the number of statements is what GE uses to determine if it is time for an auto CLI. Should I charge an amount, let a statement generate, and then PIF after the statement, or should I charge an amount, pay down most of it, allow a small balance to report, and then rinse and repeat for auto CLI?

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2 REPLIES 2
myjourney
Super Contributor

Re: Target and Walmart balance reporting strategy


@godsentdeath wrote:

I have a target card which I have had for about 7 years now. I am stuck at $200. I understand Target CLIs are few and far between, however, some people have recently been reporting CLIs. My question for them is, do you allow a large balance to report, then PIF, or do you charge a large amount, and PIF before the statement cuts.

 

 

I also recently was approved for the WM Discover. I am of the understanding you need a balance to report in order for a statement to cut, and the number of statements is what GE uses to determine if it is time for an auto CLI. Should I charge an amount, let a statement generate, and then PIF after the statement, or should I charge an amount, pay down most of it, allow a small balance to report, and then rinse and repeat for auto CLI?


Charge let statement cut and PIF for 4 months then ask for CLI

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 3
youngandcreditwrthy
Senior Contributor

Re: Target and Walmart balance reporting strategy

Charge a little bit to get it on the statement bal and pif :-)
GE is good w clis.
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