topic Re: Wally Discover Coming soon in Credit Card Approvals

Wally Discover Coming soon

Anonymous — Tue, 30 Oct 2012 06:35:04 GMT

Hey all,

I can feel my Wally Discover card coming soon! I got an alert from EX and it has been reported on it. I went to Credit Karma to see if I can find out my limit (since they seem to use EX reports), and looks like my limit is $2,000. Not going to lie, I'm slightly disappointed, considering my store card limit is 3000.

Re: Wally Discover Coming soon

Tran92 — Tue, 30 Oct 2012 06:55:17 GMT

Congrats! lol don't worry about the lower limit. I heard they usually make your discover limit lower than the store card. Either ways a $2000 limit should be enough for Walmart right? lol So did they PC the store card to dsicover or do you still have the store card?

Re: Wally Discover Coming soon

j_casteel — Tue, 30 Oct 2012 07:15:57 GMT

congrats.....but doesn't credit karma use TU?

Re: Wally Discover Coming soon

Tran92 — Tue, 30 Oct 2012 07:22:28 GMT

@j_casteel wrote:
congrats.....but doesn't credit karma use TU?

yeah they use TU

Re: Wally Discover Coming soon

Shogun — Tue, 30 Oct 2012 10:44:02 GMT

+1 CK uses TU. Creditsesame uses EX but they only update once a month.

Re: Wally Discover Coming soon

Anonymous — Tue, 30 Oct 2012 12:16:45 GMT

Congrats

Re: Wally Discover Coming soon

Epcot — Tue, 30 Oct 2012 14:08:10 GMT

Congrats on the discover!

Re: Wally Discover Coming soon

Repo-ed — Tue, 30 Oct 2012 14:10:07 GMT

Wait, so they are upgrading you to a Discover, but cutting your CL by 1k?

I'd have to decline that as that will potentially hurt your util% and obviously lower your overall CL

Re: Wally Discover Coming soon

CS800 — Tue, 30 Oct 2012 21:03:03 GMT

Eagerly waiting for an upgrade also

Re: Wally Discover Coming soon

Anonymous — Tue, 30 Oct 2012 21:41:46 GMT

A similar thing is happening with me. I saw yesterday on my CR that the limits for both of my Discover cards are going to be 1000 and 1100. I called to ask them why it's being cut down from $5000 and 1500 to 1000 and 1100, and if that was the case, I didn't want them. The CSR told me that it was because when they reviewed my accounts for the upgrade those were the limits that I had at the time and it isn't reflecting the increases that I've gotten since that time. He told me that he was making a notation about it and when I get the cards to call first before activating it to make sure the CL will stay intact.

If they reviewed my accounts when they were 1000/1100, that would mean it happened back in July because I called in and got the CLIs during the first week of August. I got the congratulations letter in September and said the cards would be coming in 60 days. Another thing...I asked when the cards had been mailed out because I noticed my online acct stated that the cards were mailed out already. He checked and said it hasn't actually been sent out yet. It's being processed (as of yesterday 10/29) and that the cards are going to start getting sent out 11/01. I've noticed several people have gotten notices around the same time. I wonder if it's a batch process or something...

Yeah...if they cut my $5000 card to $1000 I'd be one. ticked off. sonofagun.

Re: Wally Discover Coming soon

wallyworld123 — Wed, 31 Oct 2012 04:45:33 GMT

@Anonymous wrote:
Hey all,
I can feel my Wally Discover card coming soon! I got an alert from EX and it has been reported on it. I went to Credit Karma to see if I can find out my limit (since they seem to use EX reports), and looks like my limit is $2,000. Not going to lie, I'm slightly disappointed, considering my store card limit is 3000.

The exact same thing happened to me. I called spoke to a supervisor and explained to her that this was unacceptable being a consumer and how can you decrease my limit when you sent me a letter congratulating me on the upgrade. I told her im moving forward in life not backwards and that if they were going to decrease my limit i could have kept my regular walmart card. She explained there was nothing she can do then i politely said ok please give me walmart executive office number and email because i was going to take this matter up with higher authority she said there was no need to do that and that she will update my report with my regular limit which was 3500. Walmart have some nerve upgrades with a decrease it does not make sense to me.

Re: Wally Discover Coming soon

Chaos122 — Wed, 31 Oct 2012 05:13:40 GMT

Exact same thing happened to me, my limit on the upgraded discover is 1k less than my original store card. The poster above was right, it was because they go by the limit i had 3 months ago when their system flagged me for an upgrade, since then i got a cli. I spoke to customer service and they told me that once i activate the discover version i should request a CLI to match what the store card had.

Im still hoping i wont have to do this and the system will wise up and update the credit line on the new card when i activate it.

Re: Wally Discover Coming soon

Anonymous — Thu, 01 Nov 2012 06:27:16 GMT

Wow, they DO have some nerve to "upgrade" us but cut our limits. I am definitely going to call before actually activating it and tell them I have it in hand and I want my CL to, at minimum, match what my store card limit is. I use my Wally card quite a bit and I AM someone who carries a balance, so this is completely unacceptable. I have been waiting and anticipating it, thinking it would have a higher limit, so this has definitely upset me.

Re: Wally Discover Coming soon

maiden_girl — Thu, 01 Nov 2012 13:53:30 GMT

This is actually standard practice with Walmart card upgrades. They're upgrading you to Discover. It becomes a network card that can be used anywhere so they will typically grant a lower limit. Sure they give you a $3,500 CL to charge in Walmart but they don't expect you to use it (not sure what could be that high) Couple TVs maybe. To be totally honest, I think they would be generally concerned about how your spending habits would change after the upgrade to a network card. Just my two cents.

Re: Wally Discover Coming soon

distantarray — Thu, 01 Nov 2012 13:59:07 GMT

^ this, that's why I encourage people to go for $5,000 credit lines with store backed GECRB cards like Victoria Secret because if you spend $5,000 worth of panties on a credit card you got some serious issues.... it just helps your credit/debt ratio. and yes you can get that much.

Re: Wally Discover Coming soon

Jutz — Thu, 01 Nov 2012 15:27:20 GMT

@distantarray wrote:
^ this, that's why I encourage people to go for $5,000 credit lines with store backed GECRB cards like Victoria Secret because if you spend $5,000 worth of panties on a credit card you got some serious issues.... it just helps your credit/debt ratio. and yes you can get that much.

Get that much panties or get that much credit?

Re: Wally Discover Coming soon

maiden_girl — Thu, 01 Nov 2012 15:30:22 GMT

@Jutz wrote:
@distantarray wrote:
^ this, that's why I encourage people to go for $5,000 credit lines with store backed GECRB cards like Victoria Secret because if you spend $5,000 worth of panties on a credit card you got some serious issues.... it just helps your credit/debt ratio. and yes you can get that much.
Get that much panties or get that much credit?

LOL

Re: Wally Discover Coming soon

wallyworld123 — Thu, 01 Nov 2012 16:40:40 GMT

@maiden_girl wrote:
This is actually standard practice with Walmart card upgrades. They're upgrading you to Discover. It becomes a network card that can be used anywhere so they will typically grant a lower limit. Sure they give you a $3,500 CL to charge in Walmart but they don't expect you to use it (not sure what could be that high) Couple TVs maybe. To be totally honest, I think they would be generally concerned about how your spending habits would change after the upgrade to a network card. Just my two cents.

I disagree with you being actually standard practice. Walmart sent out letters for a upgrade they should have disclosed in the letters decrease in cl. I am not buying that because it becomes a network card that it can be used anywhere. It has nothing to do with spending habits but all to do with DTI.

Re: Wally Discover Coming soon

maiden_girl — Thu, 01 Nov 2012 17:17:45 GMT

@wallyworld123 wrote:
@maiden_girl wrote:
This is actually standard practice with Walmart card upgrades. They're upgrading you to Discover. It becomes a network card that can be used anywhere so they will typically grant a lower limit. Sure they give you a $3,500 CL to charge in Walmart but they don't expect you to use it (not sure what could be that high) Couple TVs maybe. To be totally honest, I think they would be generally concerned about how your spending habits would change after the upgrade to a network card. Just my two cents.
I disagree with you being actually standard practice. Walmart sent out letters for a upgrade they should have disclosed in the letters decrease in cl. I am not buying that because it becomes a network card that it can be used anywhere. It has nothing to do with spending habits but all to do with DTI.

There are a lot of threads on this board of people reporting Walmart card upgrades and reporting a decreased credit line due to upgrade. Walmart doesn't disclose the decreased line in the upgrade letters--at least that I've seen--if anyone else has had a different experience? The disclosure is most likely in your card member agreement that you signed when you applied for the card.

Re: Wally Discover Coming soon

distantarray — Thu, 01 Nov 2012 17:22:45 GMT

@Jutz wrote:
@distantarray wrote:
^ this, that's why I encourage people to go for $5,000 credit lines with store backed GECRB cards like Victoria Secret because if you spend $5,000 worth of panties on a credit card you got some serious issues.... it just helps your credit/debt ratio. and yes you can get that much.
Get that much panties or get that much credit?

lol i dunno why but when i read that I played the song in my head "let the bodies hit the floor" but in my head went "let the panties hit the floor" lol

stupid joke of the day, you know your addicted to world of warcraft when your gf's panties are considered a rare drop =)