topic Re: Target temporary limit in Credit Card Applications

Target temporary limit

Anonymous — Fri, 22 Apr 2016 05:26:45 GMT

My DW applied and was approved for a Target Visa card. She was given a CL of $2000. When she received her card in the mail today it said that she had a temporary limit of $300 and that her full limit would be available in 7-10 days. Is this a standard practice for Target? Has anyone else had this happen to them?

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 05:47:35 GMT

Is this a real post or a prank?

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 06:00:51 GMT

@Anonymous wrote:
Is this a real post or a prank?

This a real post or I wouldn't have posted it.

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 06:21:40 GMT

Target doesn't have a Visa card. They have a Mastercard card. Even then, they haven't allowed applications for their cobranded card in years.

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 07:55:22 GMT

@Anonymous wrote:
Target doesn't have a Visa card. They have a Mastercard card. Even then, they haven't allowed applications for their cobranded card in years.

I'm not sure if it was a Mastercard or Visa. I'm traveling for work and she told me this over the phone. I do know that she applied for a Target credit card.

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 08:16:32 GMT

Looks like it was the Target Red Card that she was approved for.

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 09:55:56 GMT

It'd have to be the regular retail card then. Though as to your root question, Target is effing wierd/crazy with the credit product. They have NO norms what so fracking ever. You're DW is very lucky to get that high of a limit though. The funny thing is they seem to give the highest limits to those most likely to carry a balance. People with great credit get crap CL's and never get an increase, while folx with building/struggling credit and lower incomes get thousands.

Hmm....... It just dawned on me that Target is quite possibly a predatory lender.

Re: Target temporary limit

Anonymous — Fri, 22 Apr 2016 11:55:59 GMT

@Anonymous wrote:
It'd have to be the regular retail card then. Though as to your root question, Target is effing wierd/crazy with the credit product. They have NO norms what so fracking ever. You're DW is very lucky to get that high of a limit though. The funny thing is they seem to give the highest limits to those most likely to carry a balance. People with great credit get crap CL's and never get an increase, while folx with building/struggling credit and lower incomes get thousands.

Hmm....... It just dawned on me that Target is quite possibly a predatory lender.

That's interesting. I hope her luck crosses over to the lottery.

Re: Target temporary limit

KSK1912 — Fri, 22 Apr 2016 13:48:10 GMT

@Anonymous wrote:
@Anonymous wrote:
It'd have to be the regular retail card then. Though as to your root question, Target is effing wierd/crazy with the credit product. They have NO norms what so fracking ever. You're DW is very lucky to get that high of a limit though. The funny thing is they seem to give the highest limits to those most likely to carry a balance. People with great credit get crap CL's and never get an increase, while folx with building/struggling credit and lower incomes get thousands.

Hmm....... It just dawned on me that Target is quite possibly a predatory lender.

That's interesting. I hope her luck crosses over to the lottery.

Congrats to DW. Just read some horror stories here with people getting a $300 limit and no increase for 10/15 years In my opinion she already hit the lottery with that SL.

Re: Target temporary limit

CountryLivin — Sun, 24 Apr 2016 16:37:06 GMT

Yes, Target does have Temporary limits....but I've never seen it on a physical card.....it's usually a temporary limit when you app in store and then when approved, the cashier will give you a temporary card with a temporary limit, which is only until you receive your physical card.

Re: Target temporary limit

Anonymous — Sun, 24 Apr 2016 16:39:10 GMT

That's funny I consider Target marginally higher end than Walmart. If I was in the predatory business oh data mining too… if I see some 19yo kid is buying Xbox One games and energy drinks I would give a 3000limit (Muhahaha) haha (clears throat)

Re: Target temporary limit

Sexyblue — Tue, 26 Apr 2016 03:26:38 GMT

I was approved for target online with a temporary limit of $1000. However, when the card came and I activated it, my CL was automatically increased to $2200.