topic Re: A little retail LUV today in Credit Card Approvals

A little retail LUV today

Anonymous — Sun, 03 Feb 2019 20:30:04 GMT

So just for S&Gs I decided to look at my notes and see when my last CLIs were on my cards. I did a little doublechecking on Kohl’s being as how this coming Tuesday would be six months. Found reference on here that it’s 180 days rather than six calendar months, and today was day 182. Figured why not, hit the LUV button, and got the standard $400 bump from the standard SL of $300 up to a new limit of $700, which is small but fine. I have 3 kids and do shop there and $700 is more than enough (not that I won’t hit the button again at the end of July). For future search’s sake, this was an SP CLI.

Next up was VS. I got an auto CLI from my $500 SL to $750 back in September and have run decent money through it,so I figured I’d hit the button - instant bump to $1000. Ok, cool This was also an SP.

Third one I tried was Home Depot. It’s my oldest open card by about four years, opened in 2006 with an SL of $500. As of today it’s still $500. I requested a CLI in July and was declined. Tried again today and got the 7-10 day message so I’m figuring that’s a No also. If it is, I think I’ll just pay it off and sock drawer it. Since I just opened two AmEx cards in November, I’m not going to open anything else until at least summertime and at that point I’ll probably go for Lowe’s. If I get that, HD gets a bullet. 13 years of a $500 limit is useless. And this attempt was an EQ HP for me (I’m in NY) which I understand Citi typically uses an HP for CLIs.

Anyhow I’m figuring it’s 2 for 3 and although they’re small bumps, I’ll take ‘em.

Re: A little retail LUV today

Anonymous — Sun, 03 Feb 2019 19:39:24 GMT

Congratulations! Don’t be discouraged. Maybe it’s a sign to take your business to Lowe’s...I see several getting some “Luv” from them.

Re: A little retail LUV today

Anonymous — Sun, 03 Feb 2019 19:43:04 GMT

That’s kind of what I’m thinking too. Not to mention Lowe’s is much closer than HD is to my house. It’s just crazy that in the time that I’ve had that card, I have bought and PAID OFF my house and I’m still at $500 with them. That’s fine though, if Lowe’s wants the business more, they’ll get it. I don’t have home store loyalty.

Re: A little retail LUV today

Brooklyn2018 — Sun, 03 Feb 2019 19:53:48 GMT

@Anonymous wrote:
So just for S&Gs I decided to look at my notes and see when my last CLIs were on my cards. I did a little doublechecking on Kohl’s being as how this coming Tuesday would be six months. Found reference on here that it’s 180 days rather than six calendar months, and today was day 182. Figured why not, hit the LUV button, and got the standard $400 bump from the standard SL of $300 up to a new limit of $700, which is small but fine. I have 3 kids and do shop there and $700 is more than enough (not that I won’t hit the button again at the end of July).

Next up was VS. I got an auto CLI from my $500 SL to $750 back in September and have run decent money through it,so I figured I’d hit the button - instant bump to $1000. Ok, cool

Third one I tried was Home Depot. It’s my oldest open card by about four years, opened in 2006 with an SL of $500. As of today it’s still $500. I requested a CLI in July and was declined. Tried again today and got the 7-10 day message so I’m figuring that’s a No also. If it is, I think I’ll just pay it off and sock drawer it. Since I just opened two AmEx cards in November, I’m not going to open anything else until at least summertime and at that point I’ll probably go for Lowe’s. If I get that, HD gets a bullet. 13 years of a $500 limit is useless.

Anyhow I’m figuring it’s 2 for 3 and although they’re small bumps, I’ll take ‘em.

Congrats on BOTH CLI's!!!

Re: A little retail LUV today

Anonymous — Sun, 03 Feb 2019 19:59:47 GMT

I’m not exactly sure what kind of profile Lowe’s requires, so just be careful so you don’t waste a HP. Hopefully others with more knowledge will chime in.

Good luck to you!

Re: A little retail LUV today

Anonymous — Sun, 03 Feb 2019 20:11:47 GMT

Agreed on the Lowe’s profile - I’ve read that TU should be up around 660 to get in. My scores are likely not accurate in my sig as I haven’t updated them in a couple months, I have several cards due to report in a few days, all of which have lowered UTI, and my CLIs aren’t reflected. Also another month of aging will factor in. I’ll update them this week when the numbers come out. I’ll still have a little farther to go but I’m closer than they would indicate.

Re: A little retail LUV today

AverageJoesCredit — Sun, 03 Feb 2019 21:25:50 GMT

Im blown away to learn the Devil only has 3 Kids🤯😈 I wouldnt close a 2006 card, man thats like gold. Sd it, buy some trash bags once a year and once you get Lowes and your score is stable and higher, you could get that puppy up to 35k easy , if your income warrants it too. Congrats Mr Diablo on your cli

Re: A little retail LUV today

AverageJoesCredit — Sun, 03 Feb 2019 21:27:14 GMT

Oh , theres a good chance that HD card is bucketed thats why its not growing nor will it. Just ask @K-in-Boston

Re: A little retail LUV today

Anonymous — Sun, 03 Feb 2019 21:34:50 GMT

Lol 3 kids is plenty. I swear my youngest counts as two all by herself - she’s a force of nature at 8 years old.

I agree - closing the card would be stupid. I am not above getting a Lowe’s card and sticking it in Citi’s face on a CLI call though (not that they likely care).

I wasn’t aware that HD cards were subject to bucketing - it wouldn’t surprise me if that were the case.

Re: A little retail LUV today

AverageJoesCredit — Sun, 03 Feb 2019 21:39:35 GMT

Lol, so long as your kids arent named Damian, you should be ok. Dont think Citi buckets per se, but its possible, perhaps there are internal notes on the account. Technically you could apply another HD card but in reality what for? Unless you really needed it for financing home projects. Ive been at 5k on mine and they wont raise it no more. Lol, too much exposure i guess but i dont use it so...

Re: A little retail LUV today

Anonymous — Mon, 04 Feb 2019 00:33:57 GMT

I’d be surprised if they didn’t have an internal scoring system of some sorts. I can’t imagine any lender doesn’t. I’m not financing any projects - my house is hopefully good to go for a long while. In the last 26 months I’ve replaced the water heater and furnace with high-efficiency units, put in a new fridge, had a 500 sq ft addition put on, added a side porch, had the roof done, and had everything vinyl sided. Final project this spring will be a new driveway.

I don’t need the additional spending power for anything specific, but 13 years of perfect history should be worth something, and it sucks to blow my UTI on that card if I go to buy light bulbs, mulch, a new hose, and a couple garden tools.

Re: A little retail LUV today

AverageJoesCredit — Sun, 03 Feb 2019 23:50:02 GMT

Agreed. At least you have a bright spot. 13 year old cc, cant pick THAT up at Lowes

Re: A little retail LUV today

Anonymous — Mon, 04 Feb 2019 15:56:32 GMT

For what its worth,

I got a HD and Lowes store cards same week (11/18) Both Starter with $500. Called for a manual credit bump. HD went to $2000 and Lowes $6000 (asked for $10K).

Been doing a lot of work on the house, so did LUV for HD last week(forgot it was a hard pull.) Denied + HP.

Did the LUV for Lowes Asked for $10,000 got $10,000 = SP.

HD is PIF

Lowes carries a $500~ balance, depending on my purchases that month. Ran a couple Gs through both. Guess who's getting the Bathroom Remodel business.

Vantage 3.0 690/700 Utilization 33% across accounts. 10 HP / 12 months. $70k income.

Re: A little retail LUV today

Anonymous — Mon, 04 Feb 2019 17:06:03 GMT

Great info and the same kind of thinking I’m going through. If Lowe’s does right by me when I bring up my score where I want it, HD will go in the drawer as AJC was saying, and will be used for trash bags a couple times a year. With 13 years open I’m not about to dump it, but I’m not about to try and concentrate spending on it either.

Re: A little retail LUV today

Anonymous — Mon, 04 Feb 2019 20:10:57 GMT

Congrats!

Re: A little retail LUV today

Rogue46 — Mon, 04 Feb 2019 20:27:05 GMT

I hit the luv button on my retail cards every month and almost always get an increase. It's a soft pull anyway so why not

Re: A little retail LUV today

Anonymous — Mon, 04 Feb 2019 20:39:18 GMT

Rogue46, I do it a little less than that, every couple months on the ones that give me CLIs. The stubborn ones I’ll do every 3-4 months in the hopes they won’t think I’m being a pest and write me off without considering it.

Re: A little retail LUV today

Rogue46 — Mon, 04 Feb 2019 20:49:33 GMT

Unfortunately the ones that give the most love I really don't have a use for so they sit in my drawer with zero balance..