Reply
Established Contributor
eviLution
Posts: 705
Registered: ‎06-11-2012

Walmart Store Card

I'm in need of advice from everybody that get successful CLI with this card.

Did you use the card a lot?

Did you let a balance report on each statement or do you pay it off after every purchase?

Does the card report statement balance or balance at the end of the month like some credit cards?


I was just approved for it a few days ago and I wanna get to know the card before I get it. Thanks in advance!

Current Score: DCU EQ 714 - EX+ 746 - WM TU 746
Goal Score: 750+

DCU Platinum: 4000 - Discover IT: 11000 - Walmart: 5000 - AMEX BCP: 6000 - Chase Freedom: 5000
in the garden since 1/24/14 - #GARDENSTRONG
Moderator
09Lexie
Posts: 24,569
Registered: ‎09-13-2012

Re: Walmart Store Card

 I got the card in late Sept. Didn't use it until Oct, bought some groceries let a sm bal report. November bought some groceries again let a sm bal report. Called for CLI for Black Friday and they said no.  A week later, the first of December I got and auto increase. I called anyway and got another increase the same day.   Started at $700 it's now at $1000. I didn't ask for more than that cause I thought well, I had only used it twice and for less than $100 each time. 

 

Next time, I'm going to ask for more- all they can say is no. 

Established Contributor
eviLution
Posts: 705
Registered: ‎06-11-2012

Re: Walmart Store Card

Yeah, I read of people asking for 1-2k and getting it. Some of them even said they only used it once and still got a big CLI.

Thanks for the info!

Current Score: DCU EQ 714 - EX+ 746 - WM TU 746
Goal Score: 750+

DCU Platinum: 4000 - Discover IT: 11000 - Walmart: 5000 - AMEX BCP: 6000 - Chase Freedom: 5000
in the garden since 1/24/14 - #GARDENSTRONG
Valued Contributor
chnceit
Posts: 1,524
Registered: ‎08-17-2008

Re: Walmart Store Card

I think all GE cards underwriting are the same, so in my experience with my Amazon card I use it heavy like every other month and of course during holiday season also make large payments. I had a blance of 750 with a 5K limit and was approved for a CLI to 10K. I think a lot of usage is good, I state that I shop at Amazon alot when I ask a CLI.

 

Gotta luv GE!!


$100K in Credit
Last Credit Card App: 11/16/13
Valued Contributor
creditnocash
Posts: 2,185
Registered: ‎07-23-2012

Re: Walmart Store Card

what is your aaoa? 

any baddies? 

 

my reports are completely clean besides inq. 

i had low util. (4%)

balance only reported 1 card 2 at max. (out of 9) 

at the time i only used my card 2 times, first time i pif before statement (about 300 dollars)

 

i went from 800(opened july12') then 3k(early october) 5k(before black friday) 

i never have had a satement generate before my cli. ive had 1 since july. 

 

there was another thread that i got a number directly to an underwriter and not a csr. note* first time i called was through a csr second time was through and uw. 

my american eagle card was denied first time and accepted from 400 to 700 and i used that one about 12times more then my walmart. (and pif)

so as always ymmv. 

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Established Contributor
eviLution
Posts: 705
Registered: ‎06-11-2012

Re: Walmart Store Card

My aaoa is probably 2 months and no baddies at all. My Capital One is my oldest account at 7 months and Walmart being my newest account.

3 credit cards and 2 store cards.

Current Score: DCU EQ 714 - EX+ 746 - WM TU 746
Goal Score: 750+

DCU Platinum: 4000 - Discover IT: 11000 - Walmart: 5000 - AMEX BCP: 6000 - Chase Freedom: 5000
in the garden since 1/24/14 - #GARDENSTRONG
Valued Contributor
creditnocash
Posts: 2,185
Registered: ‎07-23-2012

Re: Walmart Store Card


eviLution wrote:
My aaoa is probably 2 months and no baddies at all. My Capital One is my oldest account at 7 months and Walmart being my newest account.

3 credit cards and 2 store cards.

i think in 4 months when your aaoa will be about 6 months will be a good time to ask for a cli. (point wise and aaoa wise)

you can use and pay what you like until a month before then. so when you ask for a cli to have only 9% or less reporting total. 

so if you have 1k total in limits only let less then 100 dollars report on your cap one card. 

 

at the time of requests my aaoa was about 7 months(oldest account was 2 years old though) i beleive in a couple days it will be aging past the 10.454545 mark according to my spreadsheet =)

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: Walmart Store Card

They approved me for $800 and i ask for $2000 denied but give me $1200 limit.

I going to request 3.5k when my card hit 3 months which next weeks.


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Moderator
Shogun
Posts: 12,902
Registered: ‎04-15-2011

Re: Walmart Store Card

Sounds like a good plan Nicholayud.  I got mine at 600, called for an increase to $2000 and got it in November..  In 2 months, I was thinking of trying for $5000


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Contributor
creditnocash
Posts: 2,185
Registered: ‎07-23-2012

Re: Walmart Store Card


Shogun wrote:

Sounds like a good plan Nicholayud.  I got mine at 600, called for an increase to $2000 and got it in November..  In 2 months, I was thinking of trying for $5000


go for it! its only a soft pull. 

once i get my util back down next month ill be going for 10k!

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+