10-22-2012 10:10 AM
Hey guys, I know it's been discussed at length that it's not a card that grows with you, but does anyone have an idea of the true ceiling of this card? Almost exactly one year ago I started out on a pre approved offer w/ $500 limit. It had as one of the conditions an automatic CL increase and 0 APR for a year. Fast forward 6 months, and they gave me the auto increase to $750 (Not as much as I was hoping for, but I was still pretty low in the credit department so whatever works) Fast forward another 6 months, and I call in to request another CL increase to no avail. Has anyone managed multiple CL increases? Does anyone know if this has the ability to be higher than 1k? 1.5k? 2k? I'm waiting until next year to add another card to my portfolio, when I assume I'll be able to get a prime card, so I'm just trying to improve what I can for now on this.
Any idea what goes into their formula for CL approvals?
|Current: EQ FICO 664, TU FICO 683, EX FICO 698 | Starting Score: 525 (05/2012)|
Starting total revolving credit: $1100 | Current total revolving credit: $7000
Inquiries (12 Months): EQ 3 TU 2 EX 2 | Most Recent: 1/8/2013
|AMEX Gold NPSL|
DCU Visa $2000
Cap1 Cash Rewards $2000
BOA Platinum $600
10-22-2012 10:55 AM
Same here, I started at $300, then an increase to $500 six months later. Now nothing...So I went back and did the prequal and got the rewards card with $1000 CL and 0%APR....I don't know what their deal is. But the new card also comes with a 6 month credit increase. Go figure.
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