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Frequent Contributor
ficojoe
Posts: 308
Registered: ‎07-21-2012

Wal-Mart Credit Card Recon Credit Limit

My new Wal-Mart CC has a pitiful limit of $150. I called the escalated help desk and asked for a recon of the credit limit. He told me that he would be happy to try for me but warned me that it would mean another inquary on my CR and that he has never seen a CLI approved before 4 months of history. So, he convinced me not to waste an INQ and to ask for a CLI in 4 months. Is this sound advice or should I try another way to recon my inital credit limit?

 

His advice specifically was to wait until after my fourth statement was recieved and payment posts against that forth statement before requesting a CLI.

Valued Contributor
jamesdwi
Posts: 1,434
Registered: ‎09-16-2011

Re: Wal-Mart Credit Card Recon Credit Limit


ficojoe wrote:

My new Wal-Mart CC has a pitiful limit of $150. I called the escalated help desk and asked for a recon of the credit limit. He told me that he would be happy to try for me but warned me that it would mean another inquary on my CR and that he has never seen a CLI approved before 4 months of history. So, he convinced me not to waste an INQ and to ask for a CLI in 4 months. Is this sound advice or should I try another way to recon my inital credit limit?

 

His advice specifically was to wait until after my fourth statement was recieved and payment posts against that forth statement before requesting a CLI.


follow the advice.... use the card, pay on time, they may give you an auto-CFI if not request it after the fourth statement, they are very good with CLI's 

Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Frequent Contributor
Autumnslight
Posts: 311
Registered: ‎07-08-2012

Re: Wal-Mart Credit Card Recon Credit Limit

It sounds like the rep knew what he was talking about, so I'd take his advice. From what I've heard, GE is pretty generous with CLIs, but you do have to wait a few months first.

Scores:
07/29/12: EX FICO (Amex) 684 | EQ MyFICO 631 | TU Walmart 695
Current: EX FICO (MyFICO) 733 | EQ (MyFICO) 683 | TU (Walmart) 745

First Goal: 700+ across the board - Got it on EX & TU!!!
Valued Contributor
jsucool76
Posts: 2,770
Registered: ‎12-11-2011

Re: Wal-Mart Credit Card Recon Credit Limit

You got lucky. The CSR was actually knowledgeable and not reading off of a script. Many people call CCCs and ask for CLIs and many CSRs don't know the difference between a SP and HP and then end up with a HP and no CLI. 

 

 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 2000CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Frequent Contributor
mikka1
Posts: 269
Registered: ‎12-28-2011

Re: Wal-Mart Credit Card Recon Credit Limit

I would agree with everything said here previously. I got my GE Walmart store card in January with $300 limit. In March it has surprisingly jumped up to $1200 without any actions on my side (4x CLI!) and a couple of days ago I asked another CLI to $2400 through their automated phone system but was counter-offered with a CLI up tp $2000 (which is also nice as I anyway don't plan to use this card too much :smileyhappy:, but want to have it for 1) free TU score every month 2) aaoa (it is one of my oldest accounts so far) and 3) overall util level)

 

Good luck with your card!

In my wallet now: Amex PRG NPSL, Amex BCE $15k $17k (thanks to recent CLI), Chase Freedom 11k, CSP $6k, Chase United ME $5k, Citi Dividend $5.6k, Discover It $4.5k and a handful of other cards...
TU Dec 2013 - 752Sep 2013 - 764 - new all time maximum
Regular Contributor
CK_Charles_Lover
Posts: 248
Registered: ‎09-02-2011

Re: Wal-Mart Credit Card Recon Credit Limit

YES, Listen to him. People in here with those limits have been reporting getting auto CLI after 2 or 3 months too. Definitely 4 months though.

Trans Union Fico (Walmart) ,690 Experian Fico (Amex) 686(Opened 3 new accounts this month. In the Garden)


AMEX BCE ($19,500) AMEX PRG -(NPSL), BARCLAYS US AIR PREMIER WORLD ($10,000), BOA CASH REWARD -($6,000), CITI HILTON RESERVE SIGGY-(5,000), WALMART DISCOVER ( $5,800), CITI DIAMOND ($4,700), CITI DIVIDED WORLD ($4,500), AMAZON STORE($5,000), NORDSTROM VISA SIG($5,000), PAYPAL STORE ($4,000) Amex Delta Gold ($2000)
Established Contributor
flowfaster
Posts: 787
Registered: ‎08-30-2011

Re: Wal-Mart Credit Card Recon Credit Limit

Just hang .in there. I went from 400 to $5000 in less than 1 year.
Amex BCP/BC/Zync - Amex Business GR - Barclays NFL Visa Sig 49ers/Arrival - BoA BBR - Cap 1 Quicksilver - Citi Forward/Preferred - Chase Amazon/Freedom/Ink Plus - Discover IT - Fidelity Amex - GECRB Amazon/Walmart - PenFed PRV - Target - USAA Amex - US Bank CASH+/Club Carlson
Established Contributor
kobe2012
Posts: 690
Registered: ‎03-16-2012

Re: Wal-Mart Credit Card Recon Credit Limit

yep, i been braggin about my cli this past week... mine went from $500 to $900... it's only been 2 statements... and it was auto increase


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk



Frequent Contributor
ficojoe
Posts: 308
Registered: ‎07-21-2012

Re: Wal-Mart Credit Card Recon Credit Limit


kobe2012 wrote:

yep, i been braggin about my cli this past week... mine went from $500 to $900... it's only been 2 statements... and it was auto increase


What was your usage like?

Established Contributor
kobe2012
Posts: 690
Registered: ‎03-16-2012

Re: Wal-Mart Credit Card Recon Credit Limit

I charged $400 for the past two statements... and left $40 bal on first statement and $200 on second statement... i know its kinda high but it worked...


Starting Score: TU: 598 03/23/2012 EQ:607 05/24/2012 EX:607 04/26/2012 (lender pull) EX FAKO:522 03/2012
Current Score: TU(Myfico)04/2013:689 EQ(Myfico)04/2013:701 EX(AMEX pull)04/01/2013:675 (CreditSecure FAKOS) 5/14/2013 EX:726 EQ:701 TU:730 TU(Walmart):699
Barclay Rewards:5k/Cap1:$3.5k/Cap1:$2.5k/Citi TYP:2k/Freedom:$5k/Slate:3k/Marriott visa sig 5k/BCE:$1k/Zync: $500 PSL/Discover IT:$1.9k/Walmart:$8k/Chevron:$5k/Gap:$5k/Kay:$3.4kk




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