Reply
Contributor
Posts: 91
Registered: ‎12-26-2012
0

Walmart Discover and Walmart Credit Card

¡Hi everyone!

 

I'm planning to get one of these two credit card. I would like to know what would be the minium requirements to get aproved on one of these two cards.

 

Thanks!

 

 

 

 

Valued Contributor
Posts: 2,270
Registered: ‎07-23-2012
0

Re: Walmart Discover and Walmart Credit Card

[ Edited ]

the discover version is a little harder to get. but the regular store card is easier. 

when you apply you will first be considered for the discover and if you dont meet the needs they will most likely approve you for the store version. 

even if you get a low limit walmart grows with you and as long as you have a clean report fast!

i went from 800 in july for the store card to 5k at the end of october 

but my reports are clean of baddies. 

 

edit: sorry missed the question completly. 

you can check whogavemecredit.com but like stated above the walmart store card is much easier to get and ive seen people in the low 600's get them. they mostly pull tu and are soft pulls for cli.

 

what are your reports looking like? scores,inq, util, aaoa, accounts etc....

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Valued Contributor
Posts: 1,569
Registered: ‎11-10-2012
0

Re: Walmart Discover and Walmart Credit Card


jorgevazquez87 wrote:

¡Hi everyone!

 

I'm planning to get one of these two credit card. I would like to know what would be the minium requirements to get aproved on one of these two cards.

 

Thanks!

 

 

 

 


The Walmart credit card is easier to be approved for, but I think that they just have one app and they consider you for both.



My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie
Regular Contributor
Posts: 217
Registered: ‎09-25-2012
0

Re: Walmart Discover and Walmart Credit Card

+1 it's only one app. They will decide which you are eligible for. Only one hard pull on TU.
TU 746 (10/13)
GOAL: 750+






Contributor
Posts: 91
Registered: ‎12-26-2012
0

Re: Walmart Discover and Walmart Credit Card

Thanks for the response, so fast!

 

My CS is: 671 (Equifax)

Inquiries: 0

AAoA: 2 years

Credits account in good standing: 7

 

I only have 1 delinquency on 1 account and was in 2011, the accound is already paid in full. Risk rate on FICO is 14% to lenders.

 

Valued Contributor
Posts: 2,270
Registered: ‎07-23-2012
0

Re: Walmart Discover and Walmart Credit Card


jorgevazquez87 wrote:

Thanks for the response, so fast!

 

My CS is: 671 (Equifax)

Inquiries: 0

AAoA: 2 years

Credits account in good standing: 7

 

I only have 1 delinquency on 1 account and was in 2011, the accound is already paid in full. Risk rate on FICO is 14% to lenders.

 


that baddie is obviously hurting you but i think you have a good shot at least at the store version. 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Contributor
Posts: 91
Registered: ‎12-26-2012
0

Re: Walmart Discover and Walmart Credit Card

Thanks for your response.

 

About the delinquency, it was a total mistake of mine to let the payment past due. Also I have an account (student loan) which I paid in full on this month (2 weeks ago) but it's still on the FICO report, do that amount shown even already paid in full could benefit or affect the decision on approval for the Walmart CC?

 

Thanks!

Valued Contributor
Posts: 2,270
Registered: ‎07-23-2012
0

Re: Walmart Discover and Walmart Credit Card


jorgevazquez87 wrote:

Thanks for your response.

 

About the delinquency, it was a total mistake of mine to let the payment past due. Also I have an account (student loan) which I paid in full on this month (2 weeks ago) but it's still on the FICO report, do that amount shown even already paid in full could benefit or affect the decision on approval for the Walmart CC?

 

Thanks!


im sure it can effect it but not by much. installment loan util is placed way lower on the fico scale compared to revolving util

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Established Contributor
Posts: 712
Registered: ‎06-11-2012
0

Re: Walmart Discover and Walmart Credit Card

I seen people with few collections and low 600 scores get it. I think even high 500s can get it, but they probably had no baddies though.

DCU Platinum: 4000 - Discover IT: 11000 - Walmart: 5000 - AMEX BCP: 18000 - Chase Freedom VS: 5000
in the garden since 1/24/14 - #GARDENSTRONG
Valued Contributor
Posts: 2,270
Registered: ‎07-23-2012
0

Re: Walmart Discover and Walmart Credit Card


eviLution wrote:
I seen people with few collections and low 600 scores get it. I think even high 500s can get it, but they probably had no baddies though.

how can you even get into the high 500's with no baddies?

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.