topic Re: Target CC in Credit Card Applications

Target CC

Cheryla18 — Sun, 27 Nov 2016 21:43:43 GMT

Currently rebuilding...just curious what Target looks for in order to be apporved.

Cheryl

Re: Target CC

Aduke1122 — Mon, 28 Nov 2016 06:26:56 GMT

From the info I have gathered on this forums , the will approve anywhere from 600 and up , I have read they tend to start out low on your CL , I have been thinking of applying but don't know yet .

Re: Target CC

Anonymous — Mon, 28 Nov 2016 17:09:14 GMT

Speaking from experience building (not rebuilding) credit, they do look for some history- but it was not very hard for my friend or myself to get the card. I'm not sure of their aversion to baddies, but the 600 cited by the previous poster does sound about right.

However, they will start you at a low limit, because they don't seem to start anyone very high. People usually start at either $300 or $500 from what I've observed. However, they've been pretty good about giving me steady CLIs. I started at $500 in February 2015, got bumped to $700 a few months later, got bumped to $1000 6 months or so after that, and I was just bumped to $1300 about a month ago.

I know that this card does have a bit of a reputation for being a low/no-growth card (and they don't even seem to honor CLI requests), but they seem to be good about giving them out if you actually use the card. I've actually noticed a pattern: I've received a CLI each time I've hit about 15% utilization on that card, and the increases have ranged from 30% to 43% each time. I was actually anticipating my last CLI, because I charged about $180 (18%) to it that month. I don't even use the card very consistently (I use it most months, but sometimes it's just a few dollars), they just seem to care about peaks.

Re: Target CC

Aduke1122 — Mon, 28 Nov 2016 18:40:40 GMT

Thanks for the info SchindHaughton I'm seriously considering the card , it would be useful to me bc I shop at Target quite often and the 5 percent off is nice .

Re: Target CC

Anonymous — Tue, 29 Nov 2016 02:25:38 GMT

No problem! Glad my experience could be of use to you.

I'd absolutely recommend the card if you're going to use it.

Re: Target CC

Anonymous — Tue, 29 Nov 2016 12:09:07 GMT

Are the CLI's hard pulls? Had this back in 2008 with a $200 limit and it didn't grow after a year so I closed. Maybe they are better now. I do shop there a lot but I have the debit card.

Re: Target CC

Anonymous — Wed, 30 Nov 2016 15:20:44 GMT

@Anonymous wrote:
Are the CLI's hard pulls? Had this back in 2008 with a $200 limit and it didn't grow after a year so I closed. Maybe they are better now. I do shop there a lot but I have the debit card.

Nope, they're soft pulls.

Re: Target CC

Anonymous — Sun, 11 Dec 2016 03:29:39 GMT

I had a BK w/in the past year and current score about 650. Income ~50K.

Target gave me a card with $1200 CL.

Re: Target CC

Cheryla18 — Sun, 11 Dec 2016 21:02:22 GMT

@Anonymous wrote:
I had a BK w/in the past year and current score about 650. Income ~50K.

Target gave me a card with $1200 CL.

Thank you for the info... my score isn't up to 650 yet, still working on it.

Re: Target CC

Anonymous — Mon, 12 Dec 2016 05:28:13 GMT

@Cheryla18 wrote:
Currently rebuilding...just curious what Target looks for in order to be apporved.

Cheryl

I was approved when my scores were in the low 600s. I wanted to say something before you do apply in case you actually want to keep this card for the long run. I would wait to apply to them when your scores are better and you have a decent income. My income at that time was 25k. I was approved for $300 and it hasn't budged in almost a year. This card does not grow quickly so I would recommend you get the walmart or even the amazon card if you shop at either places. These ones will grow immensely.