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Contributor
cabronsaim
Posts: 136
Registered: ‎03-28-2012

Walmart, $500 ...... :/

I just applied online and was instantly approved for $500.

 

My lowest CL untill today was $1000.

 

This sucks and Im starting to feel like an idiot, maybe I should have waited more, just got AMEX gold card 4 months ago.

 

Anyone knows if a call to Walmart for a recon is viable?

 

Or do I have to suck this up for a year and then ask for a CLI ?

3/30/12: EX: 680 TU:667 EQ: 655
4/14/12: EX: 680 TU:678 EQ: 670

BOFA: 0/1k / CAP1: 0/1.75k / CITI: 700/2k / AMEX Gold:NPSL
Valued Contributor
tcbofade
Posts: 1,989
Registered: ‎09-26-2011

Re: Walmart, $500 ...... :/

The bad news is that a phone call to recon won't help.

 

The good news is that you only have to wait for four months...not a year.  :smileyhappy:

 

Use it lightly, and enjoy your free TU score!


Current Scores: EX 676 (FCR) TU08: 648 Wally (TU08). 07/01/14 Last app 05/29/2014.
Gardening until 01 November 2014.
(Thou shalt not app, thou shalt not app, thou shalt not app...)
Zero percent financing is where the devil lives...
Established Contributor
TNTransplant
Posts: 772
Registered: ‎01-03-2012

Re: Walmart, $500 ...... :/

Don't worry about the initial low limit.  With the GE backed cards, you can request a CLI every 4 months, with a soft pull only.  This card's credit line should grow quickly, and before too long it should easily be $1000+ also.

 

And, as tcbofade mentioned, you also get the free monthly Transunion FICO score.

 

Congrats on your approval! :smileyhappy:


Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:April 2014: EQ - 772, TU08 - 782, EX - 754
Last App:3/21/14

Contributor
cabronsaim
Posts: 136
Registered: ‎03-28-2012

Re: Walmart, $500 ...... :/

I guess that's not too bad.

Thanks guys!

3/30/12: EX: 680 TU:667 EQ: 655
4/14/12: EX: 680 TU:678 EQ: 670

BOFA: 0/1k / CAP1: 0/1.75k / CITI: 700/2k / AMEX Gold:NPSL
Valued Contributor
trumpet-205
Posts: 2,177
Registered: ‎11-11-2010

Re: Walmart, $500 ...... :/

GE card tends to start low (my JCP card starts at $200), but if you treat it with care you should have no problem asking for more credit down the road.

In My Wallet:
Citi Forward (12/2010) | Citi TY Preferred (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Walmart, $500 ...... :/

GE will grow with you as long as you:

 

-Pay more than the minimum

-Keep your util. down when asking for CLI's

-Ask for CLI's every 4th statement, any earlier will be a decline.




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Regular Contributor
Flying_High
Posts: 187
Registered: ‎08-12-2012

Re: Walmart, $500 ...... :/


LS2982 wrote:

GE will grow with you as long as you:

 

-Pay more than the minimum

-Keep your util. down when asking for CLI's

-Ask for CLI's every 4th statement, any earlier will be a decline.


Hello, I was appoved for $400 :smileysad:, oh well better then nothing...Anyways Im getting my new walmart card today or tomorrow i like to PIF will that hurt my CLI every 4months?

As of 9/13"
Starting Score: 600
Current Score: 600
Goal Score: 760
Garden till 10/14"
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Walmart, $500 ...... :/

[ Edited ]

Flying_High wrote:

LS2982 wrote:

GE will grow with you as long as you:

 

-Pay more than the minimum

-Keep your util. down when asking for CLI's

-Ask for CLI's every 4th statement, any earlier will be a decline.


Hello, I was appoved for $400 :smileysad:, oh well better then nothing...Anyways Im getting my new walmart card today or tomorrow i like to PIF will that hurt my CLI every 4months?


Just call the underwritters directly..... 877.379.8173  I got a CLI from 600 to 2500 in 3months and only used the account once. People have luck with this number calling the day of the approval as well. This by passes all their automated systems and goes straight to the people who make your credit decisions (past normal supervisors) some even had luck going from 1,000 to 10,000 in a single call, just ask for a lot 5 to 10x your credit limit is not uncommon with this number.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Established Contributor
TiggerDat
Posts: 1,013
Registered: ‎10-15-2011

Re: Walmart, $500 ...... :/

I was wondering how the limit was established and how they review things.  They have told me every 6 months accounts are reviewed, but now it appears that even so I can possibly get it raised sooner and faster through properly maintaining the account and being proactive on it.  I hope one day that it simply becomes their Discover card version. 

 

I do like the FICO score aspect!


Grow little seedling grow.

Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Walmart, $500 ...... :/


bernhardtra wrote:

I was wondering how the limit was established and how they review things.  They have told me every 6 months accounts are reviewed, but now it appears that even so I can possibly get it raised sooner and faster through properly maintaining the account and being proactive on it.  I hope one day that it simply becomes their Discover card version. 

 

I do like the FICO score aspect!


with GECRB just call the number, people have been getting increases every 14 days with that number (can't believe they tried lol) but it's all a soft inquiry so it's fine. I would wait atleast 30 days tho


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758

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