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Regular Contributor
jnkp2001
Posts: 135
Registered: ‎01-04-2012

walmart, best buy and home depot

Are these cards considered credit cards or store cards?  Just wondering if they have the same impacr on scores as say, Visa, MC, discover or Amex.  Thanks!:smileyhappy:

FICO EQ: 633 8/15/12
lender pulled 11/3/12 EQ 661 TU 650 EX598
credit Karma 674 credit sesame: 663
B/K discharged 2/2006......closed 8/2012

May your limits be high and your balances low!

Mega Contributor
Creditaddict
Posts: 18,598
Registered: ‎10-23-2007

Re: walmart, best buy and home depot


jnkp2001 wrote:

Are these cards considered credit cards or store cards?  Just wondering if they have the same impacr on scores as say, Visa, MC, discover or Amex.  Thanks!:smileyhappy:


Walmart Discover, Best Buy MC I think sucks but on occasion in past we have seen $10, $20, even $32k I believe which is insane considering it was initially designed for people with no or poor credit starting at $100.00.

 

Home Depot Store Card mostly...

 

They all help credit just the same if good standing and such.

Fico Scores: EQ 639 Navy, TU 667 GE, EX 677 Prosper (06-27-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Frequent Contributor
RW771
Posts: 311
Registered: ‎08-16-2011

Re: walmart, best buy and home depot

I have a Home Depot card (backed by Citi) and it's been great so far! I've had the card 13 months, and was already given a very generous CLI. They report every month to all 3 as well, so that helps a lot. Good card to look into!

05/31/2013 672 EQ (Fico), 03/08/2012 697 TU (Fico)

Closed on my first home 12/07/11! Officially a homeowner, thanks to this forum!!!


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