topic Re: Target CLI in Credit Card Approvals

Target CLI

Sbrav77 — Sun, 31 Jul 2022 08:11:27 GMT

Woke up early this morning and decided to jump on Credit Karma for no apparent reason , lol. I was shocked to see an increase on my Target Redcard limit showing. Oddly, I had some things going on in my personal life and forgot about the payment due date. I made it 2 days late, oops. My limit went from $2900.00 up to $5,000. An increase of $2100.00. I'm assuming this is a pretty decent CLI for Target. So, does anyone think this will trigger that magical change from Redcard to the Target Mastercard, or do they even offer that anymore?

Re: Target CLI

Credit4Growth — Sun, 31 Jul 2022 08:22:44 GMT

🍻 Congrats on the surprise incerease!
Unfortunately I have no experience with the change over to a Target Mastercard.

Re: Target CLI

mfinsmi1 — Sun, 31 Jul 2022 08:31:23 GMT

ugh I can't get my red card to grow at all never missed a payment always PIF - so what's your secret lol

Re: Target CLI

Sbrav77 — Sun, 31 Jul 2022 08:38:01 GMT

I have no secret that I know of. I've been a cardholder since  2013 and I believe started with an initial limit of $500.00 back then.

Re: Target CLI

Adkins — Sun, 31 Jul 2022 08:38:50 GMT

@Sbrav77 wrote:
Woke up early this morning and decided to jump on Credit Karma for no apparent reason , lol. I was shocked to see an increase on my Target Redcard limit showing. Oddly, I had some things going on in my personal life and forgot about the payment due date. I made it 2 days late, oops. My limit went from $2900.00 up to $5,000. An increase of $2100.00. I'm assuming this is a pretty decent CLI for Target. So, does anyone think this will trigger that magical change from Redcard to the Target Mastercard, or do they even offer that anymore?

Congratulations!! It very well could be the change to the MC, just keep an eye on your mailbox! 😃

Re: Target CLI

Anonymous — Sun, 31 Jul 2022 09:10:10 GMT

@Sbrav77 Perhaps it was only coincidence. For data points: How long have you had the card? Do you have other bad marks reporting?

Re: Target CLI

Sbrav77 — Sun, 31 Jul 2022 09:27:28 GMT

I have had the card since 2013. Originally it had a $500.00 limit. I have no negative accounts since 2017. Have a few charged off credit cards back then. Nothing negative with Target though.

Re: Target CLI

NoMoreE46 — Mon, 01 Aug 2022 01:44:14 GMT

@Sbrav77 ,

Congrats on the huge increase.

Once your CL reaches $4,000- typically, the Redcard get the MC upgrade.

As noted, a letter should be notifying you of the increase and MC conversion.

Re: Target CLI

SouthJamaica — Sun, 31 Jul 2022 11:57:18 GMT

@Sbrav77 wrote:
Woke up early this morning and decided to jump on Credit Karma for no apparent reason , lol. I was shocked to see an increase on my Target Redcard limit showing. Oddly, I had some things going on in my personal life and forgot about the payment due date. I made it 2 days late, oops. My limit went from $2900.00 up to $5,000. An increase of $2100.00. I'm assuming this is a pretty decent CLI for Target. So, does anyone think this will trigger that magical change from Redcard to the Target Mastercard, or do they even offer that anymore?

Yes it probably does mean the Mastercard is coming.

Re: Target CLI

SUPERSQUID — Sun, 31 Jul 2022 12:16:27 GMT

@Sbrav77 wrote:
Woke up early this morning and decided to jump on Credit Karma for no apparent reason , lol. I was shocked to see an increase on my Target Redcard limit showing. Oddly, I had some things going on in my personal life and forgot about the payment due date. I made it 2 days late, oops. My limit went from $2900.00 up to $5,000. An increase of $2100.00. I'm assuming this is a pretty decent CLI for Target. So, does anyone think this will trigger that magical change from Redcard to the Target Mastercard, or do they even offer that anymore?

NICE ONE !!!

Usually you need a crowbar to pry a cli out of the red card

Re: Target CLI

Sbrav77 — Sun, 31 Jul 2022 13:22:10 GMT

I had just gotten my last CLI prior to this one from $2400 to $2900.00 the end of March, this year.

Re: Target CLI

babygirl1256 — Sun, 31 Jul 2022 15:27:47 GMT

Congrats on your Target auto-CLI.

Re: Target CLI

mfinsmi1 — Sun, 31 Jul 2022 17:35:44 GMT

@SUPERSQUID this just made my day hahahaha 😂😂😂

Re: Target CLI

disdreamin — Sun, 31 Jul 2022 19:17:09 GMT

@NoMoreE46 wrote:
Congrats on the huge increase.
Once your CL reaches $4,000, typically- the Redcard get the MC upgrade.
As noted, a letter should be notifying you of the increase and MC conversion.

Just to offer an alternate viewpoint, my CL was increased to $4600 some time ago and I have yet to receive an upgrade to a MC. I'm sure that for many that threshold triggers a conversion, but it's definitely not a guarantee.

Re: Target CLI

CreditAggie — Sun, 31 Jul 2022 19:31:58 GMT

Congratulations on your Target CLI!

Re: Target CLI

KingRue8500 — Sun, 31 Jul 2022 23:55:44 GMT

Congrats on your Target CLI

Re: Target CLI

NoMoreE46 — Mon, 01 Aug 2022 01:51:20 GMT

@Sbrav77 wrote:
I had just gotten my last CLI prior to this one from $2400 to $2900.00 the end of March, this year.

TD Bank was doing CLIs every six months prior to Covid for while. It was like clockwork for me. Is it coincidental that they like certain profiles exactly Quarterly now?

Re: Target CLI

NoMoreE46 — Mon, 01 Aug 2022 01:53:53 GMT

@disdreamin wrote:
@NoMoreE46 wrote:
Congrats on the huge increase.
Once your CL reaches $4,000, typically- the Redcard get the MC upgrade.
As noted, a letter should be notifying you of the increase and MC conversion.
Just to offer an alternate viewpoint, my CL was increased to $4600 some time ago and I have yet to receive an upgrade to a MC. I'm sure that for many that threshold triggers a conversion, but it's definitely not a guarantee.

Bummer and thanks for letting the community know @disdreamin. How long ago was the last CLI that put you over $4000?

Re: Target CLI

cashorcharge — Mon, 01 Aug 2022 04:25:34 GMT

WooHoo!! Congratulations on your Target Approval!!👏🏼🍾🥂

Re: Target CLI

disdreamin — Mon, 01 Aug 2022 14:11:36 GMT

@NoMoreE46 wrote:
Bummer and thanks for letting the community know @disdreamin. How long ago was the last CLI that put you over $4000?

It's been a while, like late 2019 I think? I don't update income or anything with them any more, the Redcard works just fine for what I need it to do. It's just funny how for some there is a magical threshold but for others there isn't.