Contributor
pat0812
Posts: 91
Registered: ‎09-10-2012
How to use your walmart card to get CLI ?

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 


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Mega Contributor
Creditaddict
Posts: 18,984
Registered: ‎10-23-2007
Re: How to use your walmart card to get CLI ?

pat0812 wrote:

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 


GE gives CLI auto usually between 2-4 months, but possibly 6... you should start requesting after 4 but maybe 6 if you don't get an auto.

GE likes TONS OF USE!!!! 

Fico Scores: EQ 657 Cabelas, TU 653 Barclay, EX 699 Wells (07-27-14)
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Established Contributor
CruzImperial
Posts: 863
Registered: ‎07-04-2012
Re: How to use your walmart card to get CLI ?
I used my card lightly like you and got auto cli at the end of second month.
Usually a cli is ready to be requested after 4-6 months. They do give 1% cash back so purchasing anything that does not earn you a higher cash back than that in other cards will increase usage likely cls when requested.
Fico Scores: . Walmart TU 748 . App free since Aug 2013 .

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Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012
Re: How to use your walmart card to get CLI ?

 


CruzImperial wrote:
I used my card lightly like you and got auto cli at the end of second month.
Usually a cli is ready to be requested after 4-6 months. They do give 1% cash back so purchasing anything that does not earn you a higher cash back than that in other cards will increase usage likely cls when requested.

This is only for the Discover

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Valued Contributor
kevinjjc
Posts: 1,302
Registered: ‎01-14-2009
Re: How to use your walmart card to get CLI ?
For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%
New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
Re: How to use your walmart card to get CLI ?

kevinjjc wrote:
For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%

Agreed. The "rewards" on this card are abysmal. The only reason to get it, IMO, is the free monthly TU FICO score

 

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New Contributor
Bcunniff9
Posts: 69
Registered: ‎08-13-2009
Re: How to use your walmart card to get CLI ?
In my experience, heavy use is the key. Started off at $600, now at 3k with discover offer. I've had the card 15 months.

Starting Score 3/26/2010: TU: 506 EQ: 554
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Goal Score: 720

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Frequent Contributor
SwampSystems
Posts: 358
Registered: ‎06-25-2012
Re: How to use your walmart card to get CLI ?

Elcid89 wrote:

kevinjjc wrote:
For Walmart Discover card:

Up to $1,500 = 0.25%
$1,501 - $3,000 = 0.50%
Over $3,000 = 1.00%

Agreed. The "rewards" on this card are abysmal. The only reason to get it, IMO, is the free monthly TU FICO score

 


I wouldn't call a 15 cents/gallon discount abysmal.

Frequent Contributor
wallyworld123
Posts: 455
Registered: ‎01-04-2012
Re: How to use your walmart card to get CLI ?

pat0812 wrote:

Hello,

 

I got my walmart card 2 months ago with a $400 limit

My first statement cycle closed 2 days after i got my card so i got a $0 balance and no statement

In my second cycle, i used the card once for $59 and PIF after i got the statement, and $59 was reported to all agencies.

 

Last week i called underwriting to give it a try for CLI, and told them i want to buy some electronics with the 18 no interest rate and we are in the holiday season....

anyway i obviously got denied

 

Now my question is: How much should i use my card every month to get the best chances for a CLI in the future ?

 

                                      When will i hit the 4 months ? After my 4th or 5th statement ? because the first month i didn't use the card (only 2 days in the statement cycle )

                                     Does that month counts in my case or not ?

 

Please advice me from personal experience

 


I use my card on a regular basis grocery especially i get a increase every 3 to 4 months i would suggest using the card every month and paying it off instead of using it every other month or every 3 months this is from my personal experience.

Established Contributor
jordanmedical
Posts: 1,011
Registered: ‎04-08-2012
Re: How to use your walmart card to get CLI ?

Do you have to let it post a balance or can you use heavily and pay in full monthly for the same result?

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