Valued Contributor
Posts: 1,361
Registered: ‎02-07-2010
Re: Can I complain about Wells Fargo for a minute?

i opened my wells fargo in august of 2006. it is my oldest open major credit card. i started out at 3000. i have received two cli's from that i have requested from them. the first one was septmember 2010. they gave me a 900 dollar increase. i asked the csr that granted me the increase if this was average or above average. she told me my credit increase approval was actually above average. then i requested an increase again in april 2011, and they once again granted my increase by 1200 which was way above average to 5100 where it is now obviously. i enjoy having this account as they have allowed me to use it through bill pay as if it were a bank line of credit rather than a credit card. i can cut someone a check up to my full credit line and i am only charged purchase interest the moment the check is mailed.

 

they have also recommended (pre approved) me for an actual line of credit. but i am hesitant because i want my credit file to improve first allowing accounts to mature a little and most of all allow for inquiries to drop first. second of all, their offer i believe may include a 25 dollar annual fee. the interest rate i believe may be between 8.5 to 10.5 percent apr.

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859