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Frequent Contributor
Posts: 313
Registered: ‎07-21-2012
0

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.

New Visitor
Posts: 2,339
Registered: ‎09-16-2011
0

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 & Freedom 6.6k & Amtrak/Freeom 4.6k, FNBO DISC 20.1k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 12k Sally Mae5.5k Sams Club MC 10k, Paypal Extras MC 7.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 7k, Discover IT 11.5k and a nice stack of store cards.
Last APP/HP 4/22/2015
Frequent Contributor
Posts: 311
Registered: ‎07-08-2012
0

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!!!
Member
Posts: 7,339
Registered: ‎12-11-2011
0

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. 

 

 

Frequent Contributor
Posts: 272
Registered: ‎12-28-2011
0

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 Smiley Happy, 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

Obsolete data &colonSmiley Wink Current TU - probably around ~750. I am now applying only for cards I can have fat sign-up bonuses on, repay them right away and close before next year. That's why BKLSBNKDELAWARE probably blacklisted me long ago, LOL...
Regular Contributor
Posts: 248
Registered: ‎09-02-2011
0

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
Posts: 792
Registered: ‎08-30-2011
0

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
Member
Posts: 812
Registered: ‎03-16-2012
0

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: 481 12/30/2015 EQ:561 12/30/2015 EX:532 12/30/2015 (MYFICOS) BK FILED: 09/2015 DISCHARGED 12/2015 -- 07/04/2016 TU:584 EQ: 604 EX: 582
NFCU cashRewards:$500 CreditOne:$300 Merrick:$600 Milestone:$300 Cabelas:$1000
Frequent Contributor
Posts: 313
Registered: ‎07-21-2012
0

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?

Member
Posts: 812
Registered: ‎03-16-2012
0

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: 481 12/30/2015 EQ:561 12/30/2015 EX:532 12/30/2015 (MYFICOS) BK FILED: 09/2015 DISCHARGED 12/2015 -- 07/04/2016 TU:584 EQ: 604 EX: 582
NFCU cashRewards:$500 CreditOne:$300 Merrick:$600 Milestone:$300 Cabelas:$1000

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