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Valued Member
Posts: 34
Registered: ‎06-24-2010
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walmart GE card

I have had walmart's card through GE since June of this year with a CL of 300. I have yet to receive a cedit limit increase. Every time I ask for a credit limit increase, I am denied. I've heard that GE typically gives credit limit increases every four months, it's now october and still no increase. When I applied for the walmart card my score was around 540. My score has since then increased to 660 so why can't I get approved for a credit limit increase? Does anyone have an idea? I have other cards with Navy Fed with 3,500, and 3000 CL. So why am I stuck with 300 from walmart? Im also having the same problem with my old navy card from GE as well. Advice please!


Starting Score: 546
Current Score: 666
Goal Score: 750


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New Contributor
Posts: 57
Registered: ‎03-26-2010
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Re: walmart GE card

Try to keep your request's for CLI's on GEMB cards to a period of time exactly 4 months from the last CLI or four months from when you received your first statement on the card.   If you request it TOO many times early (e.g. 3 times in the 3rd month) they will deny you an increase for too many previous requests.  Since this is Walmart I can relay my CLI experience with them for the best results:

 

  • Use the card at least 2-3 times during the four month period
  • Request your cli at balance of less than 50% of your current credit limit, or better yet, 0%.
  • When making your payments throughout the four month period, always pay more than the minimum if you can't PIF.

Hope this helps!


Starting Score: 610
Current Score: 676
TU: 678
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Frequent Contributor
Posts: 474
Registered: ‎09-12-2010
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Re: walmart GE card

I opened my card in 2/2010 with a $300 limit and after 4 months of payments when Junes statement cut off I got a $400 increase from $300 to $700
FICO scores - 727 TU(Walmart)/ 727 EX(Amex app)/ 721 EQ(Discover app)
In My Wallet: BankAmericard Cash Rewards($2,000), Discover More($3,000), Chase Freedom($2,000), Fidelity Amex($1,000), Sam's Club Discover($4,400), SallieMae 5% Mastercard($5,000), Amex BCE($2,000) ,Citi Simplicity($2,000), Paypal SmartConnect($3,100), Walmart Store Card($2,350), Chase Amazon Visa($700), Target RedCard($500), Capital One Cash Rewards($750), Best Buy Store Card($1,900), HHGregg($2,000), Amazon Store Card($1,250),Newegg Preferred Account($2,000), Park West($2,000), BankAmericard Travel Rewards($5,000)
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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Re: walmart GE card

DW has the card and I noticed they only will only grant a CLI if she makes 4 payments over 4 months, which differs from 4 statements since she will PIF from time to time.

Valued Member
Posts: 34
Registered: ‎06-24-2010
0

Re: walmart GE card

Thanks everyone, I appreciate your comments and advice. I checked my account today and I received a 400.00 increase. Now that my credit limit is 700 does anyone know what they are likely to increase my credit limit to in 4 months?


Starting Score: 546
Current Score: 666
Goal Score: 750


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Epic Contributor
Posts: 25,526
Registered: ‎10-23-2007
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Re: walmart GE card

 


ddiamond wrote:

Thanks everyone, I appreciate your comments and advice. I checked my account today and I received a 400.00 increase. Now that my credit limit is 700 does anyone know what they are likely to increase my credit limit to in 4 months?


I go the same CLI auto... just passed 4 months couple weeks ago and hit luv button... got $125! thanks GE. I don't even use the card anymore because I have super Target not walmart near me... I wanted upgrade to Discover but you can't do that over phone, something about apply and see if you get it!

 

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
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Regular Contributor
Posts: 176
Registered: ‎08-21-2010
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Re: walmart GE card

Does anyone know if this is a soft inquiry if requesting a CLI?

Thanks.


Starting Score: TU: 663 EQ: 632 EX: ?
Current Score: TU: 721 (12/02/12) EQ: 704 (12/2012 via SW) EX: 712 (11/19/12 via Amex)
Goal Score: 700 (ALL)


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Established Contributor
Posts: 526
Registered: ‎04-21-2010
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Re: walmart GE card

Yes they soft TU for me.

Regular Contributor
Posts: 176
Registered: ‎08-21-2010
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Re: walmart GE card


mross1080 wrote:

Yes they soft TU for me.


Thanks Mross!  I got a whole whopping $75 increase!!  LMAO


Starting Score: TU: 663 EQ: 632 EX: ?
Current Score: TU: 721 (12/02/12) EQ: 704 (12/2012 via SW) EX: 712 (11/19/12 via Amex)
Goal Score: 700 (ALL)


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Valued Contributor
Posts: 1,051
Registered: ‎05-20-2010
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Re: walmart GE card

For those that got $75 - $125 increases, do you put high usage on your card? From what I read, GEMB likes to see alot of usage when doing CLI. Maybe that is a reason why they are handing out small CLI's. I haven't hit the 4th month mark with my Walmart card yet, but I have been doing pretty good about paying at least half of the balance when I can't PIF and making sure I put some good usage on it. I actually picked up some groceries last night from Walmart and made sure I put it on the card. 

TU: 603 – EQ: 569 – EX: N/A – May 2010

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