topic Re: Wal-Mart Rewards MasterCard CLI Question. in Credit Card Applications

Wal-Mart Rewards MasterCard CLI Question.

CardHunter — Mon, 25 Jul 2022 09:16:47 GMT

I got this card in Dec. 2021 with a credit line of $3,000. I have seen some people report of a auto CLI at 6 months so my question is did Cap One just pass me by or should I request a CLI online? Also, if I do it online will hit be a HP or SP because I sure don't want them hitting 3x again. My credit has improved over the time I got the card per there (Credit Wise) table. I started with a credit wise score of 614 and today it says 734 and my Fico8 Ex 758. This card I use as my everyday card and I avg. around $1,800 to $2,000 per month and PIF. I guess I just don't understand Cap One or maybe this is just a bucketed card?

Any tips or advise would be appreciated.

Re: Wal-Mart Rewards MasterCard CLI Question.

Vuby22 — Mon, 25 Jul 2022 01:46:42 GMT

You mash at every 6 months on CapOne cards. It's SP. Why wait for auto? Do it now!

Re: Wal-Mart Rewards MasterCard CLI Question.

babygirl1256 — Mon, 25 Jul 2022 04:47:08 GMT

@CardHunter You should search the threads on Capital One . . . they appear to give CLIs less than other credit card companies!!!

Re: Wal-Mart Rewards MasterCard CLI Question.

NoMoreE46 — Tue, 26 Jul 2022 01:54:10 GMT

Actually $3,000 is a very good SL for Walmart card from Cap One.

With your high percentage spend, I would try the CLI after every statement cuts.

There is no Bucket perse for this card.

Re: Wal-Mart Rewards MasterCard CLI Question.

CardHunter — Tue, 09 Aug 2022 10:22:08 GMT

Thanks for the info guys, I just tried and got a "we will get back to you in 2 - 3 days" LOL. Oh well, worth a try anyways I guess.

Re: Wal-Mart Rewards MasterCard CLI Question.

OmarGB9 — Tue, 09 Aug 2022 13:12:41 GMT

@NoMoreE46 wrote:
Actually $3,000 is a very good SL for Walmart card from Cap One.
With your high percentage spend, I would try the CLI after every statement cuts.

There is no Bucket perse for this card.

Oh but there is. A lot of posters have reported that CLIs have dried up ever since Cap One took over the portfolio for WM.

Re: Wal-Mart Rewards MasterCard CLI Question.

CardHunter — Tue, 09 Aug 2022 21:59:26 GMT

Well, I got my answer which I do not understand at all. I use this card everyday and pushed this card to $2,000 + some months and PIF each month. Do they want me to max it out every month or something? I just don't get Cap One... *sigh*

You recently requested a credit line increase for your Capital One Walmart Rewards Card account. Unfortunately, your account isn't eligible right now. We know this isn't the answer you were hoping for and we want to help you understand why:

·Recent use of this account's existing credit line has been too low

Sincerely, Capital One Customer Care Team.

Re: Wal-Mart Rewards MasterCard CLI Question.

NoMoreE46 — Tue, 09 Aug 2022 22:25:42 GMT

@OmarGB9 wrote:
@NoMoreE46 wrote:
Actually $3,000 is a very good SL for Walmart card from Cap One.
With your high percentage spend, I would try the CLI after every statement cuts.

There is no Bucket perse for this card.
Oh but there is. A lot of posters have reported that CLIs have dried up ever since Cap One took over the portfolio for WM.

Well then I stand corrected!

Re: Wal-Mart Rewards MasterCard CLI Question.

Drifter73 — Wed, 10 Aug 2022 02:59:48 GMT

The capital one Walmart card is a Good to Excellent tiered card. I started at $500, in 6 mos it Auto increased to $750, after 12 months, the cli button appeared in the app (I clicked it) and it jumped to $3750 cli.

I maintained 30% spend and pif 2 or three times per month for the 12 months.

Seemed to work out fine for me.

Re: Wal-Mart Rewards MasterCard CLI Question.

CardHunter — Wed, 10 Aug 2022 09:53:53 GMT

@Drifter73 wrote:
The capital one Walmart card is a Good to Excellent tiered card. I started at $500, in 6 mos it Auto increased to $750, after 12 months, the cli button appeared in the app (I clicked it) and it jumped to $3750 cli.

I maintained 30% spend and pif 2 or three times per month for the 12 months.

Seemed to work out fine for me.

Very nice, thanks for the info. Im really starting to think there is something about my profile Cap One just doesn't like. I mean all of my FICO scores are from 796 - 811 when I applied for the CLI (FICO 8 & 9) and income is $110,000 with 4% debt. I think im going to try the 30% spend on this card and just move my new Penfed card as my everyday driver card and see if that works.

Re: Wal-Mart Rewards MasterCard CLI Question.

Drifter73 — Wed, 10 Aug 2022 15:59:22 GMT

Accidental duplicate post

Re: Wal-Mart Rewards MasterCard CLI Question.

Drifter73 — Wed, 10 Aug 2022 16:00:22 GMT

@CardHunter wrote:
@Drifter73 wrote:
The capital one Walmart card is a Good to Excellent tiered card. I started at $500, in 6 mos it Auto increased to $750, after 12 months, the cli button appeared in the app (I clicked it) and it jumped to $3750 cli.

I maintained 30% spend and pif 2 or three times per month for the 12 months.

Seemed to work out fine for me.
Very nice, thanks for the info. Im really starting to think there is something about my profile Cap One just doesn't like. I mean all of my FICO scores are from 796 - 811 when I applied for the CLI (FICO 8 & 9) and income is $110,000 with 4% debt. I think im going to try the 30% spend on this card and just move my new Penfed card as my everyday driver card and see if that works.

They appear to be a 12 month relationship lender, in my case anyways. Where they only give a fractual increase at 6mo's (couple hunfred) to see how you'll react in spend.

At 12mos though, they showed some love.

When I say I pif at 30% 2 or three times per month, I mean I ran it up to 30%, paid it off, then ran it up to 30% again 2 more times in the same month. It was the only way I could make a toy limit card work.

My main draw to the cap1 Walmart card is that their travel category covers campgrounds and rv parks. Which is an easy $600 to $700 per month spend for me alone. Most travel cards don't include campgrounds or rv parks in their travel categories.

At some point I may switch to BofA customized cash with 3% campground travel. Not yet though. It may still have another year of logical use before I SD it and pivot to another dedicated campground card.

Re: Wal-Mart Rewards MasterCard CLI Question.

CardHunter — Thu, 11 Aug 2022 02:22:39 GMT

@Drifter73 wrote:
@CardHunter wrote:
@Drifter73 wrote:
The capital one Walmart card is a Good to Excellent tiered card. I started at $500, in 6 mos it Auto increased to $750, after 12 months, the cli button appeared in the app (I clicked it) and it jumped to $3750 cli.

I maintained 30% spend and pif 2 or three times per month for the 12 months.

Seemed to work out fine for me.
Very nice, thanks for the info. Im really starting to think there is something about my profile Cap One just doesn't like. I mean all of my FICO scores are from 796 - 811 when I applied for the CLI (FICO 8 & 9) and income is $110,000 with 4% debt. I think im going to try the 30% spend on this card and just move my new Penfed card as my everyday driver card and see if that works.

They appear to be a 12 month relationship lender, in my case anyways. Where they only give a fractual increase at 6mo's (couple hunfred) to see how you'll react in spend.

At 12mos though, they showed some love.

When I say I pif at 30% 2 or three times per month, I mean I ran it up to 30%, paid it off, then ran it up to 30% again 2 more times in the same month. It was the only way I could make a toy limit card work.

My main draw to the cap1 Walmart card is that their travel category covers campgrounds and rv parks. Which is an easy $600 to $700 per month spend for me alone. Most travel cards don't include campgrounds or rv parks in their travel categories.

At some point I may switch to BofA customized cash with 3% campground travel. Not yet though. It may still have another year of logical use before I SD it and pivot to another dedicated campground card.

I think I will just wait for the 12 month mark and try again. Im interested in the travel category now that you brought it up. We bought a RV. about 1 1/2 ago and travel adds up fast. Thanks for all the info once again my friend.

Re: Wal-Mart Rewards MasterCard CLI Question.

Drifter73 — Thu, 11 Aug 2022 06:44:25 GMT

@CardHunter wrote:
@Drifter73 wrote:
@CardHunter wrote:
@Drifter73 wrote:
The capital one Walmart card is a Good to Excellent tiered card. I started at $500, in 6 mos it Auto increased to $750, after 12 months, the cli button appeared in the app (I clicked it) and it jumped to $3750 cli.

I maintained 30% spend and pif 2 or three times per month for the 12 months.

Seemed to work out fine for me.
Very nice, thanks for the info. Im really starting to think there is something about my profile Cap One just doesn't like. I mean all of my FICO scores are from 796 - 811 when I applied for the CLI (FICO 8 & 9) and income is $110,000 with 4% debt. I think im going to try the 30% spend on this card and just move my new Penfed card as my everyday driver card and see if that works.

They appear to be a 12 month relationship lender, in my case anyways. Where they only give a fractual increase at 6mo's (couple hunfred) to see how you'll react in spend.

At 12mos though, they showed some love.

When I say I pif at 30% 2 or three times per month, I mean I ran it up to 30%, paid it off, then ran it up to 30% again 2 more times in the same month. It was the only way I could make a toy limit card work.

My main draw to the cap1 Walmart card is that their travel category covers campgrounds and rv parks. Which is an easy $600 to $700 per month spend for me alone. Most travel cards don't include campgrounds or rv parks in their travel categories.

At some point I may switch to BofA customized cash with 3% campground travel. Not yet though. It may still have another year of logical use before I SD it and pivot to another dedicated campground card.
I think I will just wait for the 12 month mark and try again. Im interested in the travel category now that you brought it up. We bought a RV. about 1 1/2 ago and travel adds up fast. Thanks for all the info once again my friend.

Right on. Sounds like the category could benefit you too.

For what it's worth, I just checked all three (ex,tu,eq) and cap1 did hp all 3 when I accepted their increase offer at 12 months.

So, be prepared for that.

Didn't bother me much since the travel + dining + gas categories at 2% will save me roughly $35 per month x 12 months = $420 per year. Well, for my second year cycle projection anyways. My first year saved double because of the 5% promo in those categories before dropping to 2%.

I do use 5% grocery, 5% gas and 4% dining cards when traveling as well, but once I reach the max cap spend I switch to either, a 2% everything or cap1 Walmart to at least claw more of the spend back than the 1% default the other cards go to when max spend is reached.

Sounds like you may need an RV travel set of cards for your yearly adventures, especially if that's something that will become more frequent than snowbirding.

Safe travels.