topic Target Credit Card Question in Credit Cards

Target Credit Card Question

Anonymous — Thu, 27 Sep 2007 22:26:13 GMT

I see throughout the forum, people are getting the Target Credit Card? Why? Is it easy to get and how are the rates? How are the CL's. I may try to get one if the news is good.

Re: Target Credit Card Question

azsassycat — Thu, 27 Sep 2007 22:31:54 GMT

I got a Target Credit Card a couple of months ago. After I paid with my bank debit card, a receipt printed with a "You Are Approved" section so I thought - why not.

My credit scores s**k so I only got a $200 credit limit, but it's better than nothing.

My question is - when (if ever) does Target give credit limit increases? Do you have to ask or do they review your file internally? Thanks so much!

Cathleen

Re: Target Credit Card Question

Anonymous — Mon, 01 Oct 2007 00:06:58 GMT

If you are a good customer and pay off your balances every month you should see an increase on the card pretty frequently. I started with a 200 credit line then it went up to 350 then 500 where it stayed for a few months, and then i got upgraded to the visa card with a 4500 credit line.

So i dont have any complaints about Target except for the interest rate which is 22%. But I always pay off my balance anyways.

Anyone have any luck talking target down on the interest rate?

Re: Target Credit Card Question

Anonymous — Wed, 03 Oct 2007 13:47:41 GMT

White, if I may ask, what was the time line of your cli's?

Re: Target Credit Card Question

Baybreeze — Wed, 03 Oct 2007 22:59:57 GMT

I just got this pre-approval receipt at Target last weekend, but I didnt open a card yet. I think I'm going to go back this coming weekend and go get it!! The receipt says I have until 10/29 to bring it back to any cashier and accept their card. I am sure I would get $200 as well, but it seems from many people they do increase your CL's and so many are getting upgraded to the Visas.

Re: Target Credit Card Question

Anonymous — Wed, 03 Oct 2007 23:24:32 GMT

Baybreeze wrote:
I just got this pre-approval receipt at Target last weekend, but I didnt open a card yet. I think I'm going to go back this coming weekend and go get it!! The receipt says I have until 10/29 to bring it back to any cashier and accept their card. I am sure I would get $200 as well, but it seems from many people they do increase your CL's and so many are getting upgraded to the Visas.

target is all over the map on the upgrade to the visa, and they are even wonkier on cli's. if you can use the card then grab it, but i wouldn't count on it being an express in for the visa. just the trend i've seen, that being said yep i got one w/a 200 cl as well. good luck!

Re: Target Credit Card Question

Anonymous — Wed, 03 Oct 2007 23:31:17 GMT

I first got a Target Red Card in May of '04. $200 CL. Used the card semi frequently, didn't always PIF, but most of the time. Paid the card off in Feb. of '06, didn't touch it, forgot about it. In early '07 I decided to call for a CLI. They said no. Card continued to sit up until July of this year and they sent me a Target Visa with a $1000 CL. I don't know why or what triggered it. That Target Visa is now in my sock drawer, hasn't been used. Maybe for fun I too will take it to WalMart and use it.

Re: Target Credit Card Question

Anonymous — Thu, 04 Oct 2007 13:32:15 GMT

Love it Barracuda! I am a Walmart girl!

Re: Target Credit Card Question

Baybreeze — Fri, 05 Oct 2007 00:03:37 GMT

Well, I just went to Target with my pre-approved receipt (which was good til 10/29), bought $20.00 of stuff and told the cashier I'd like to accept my pre-approved card today. So I do the app process in their register computer, figuring I'm going to get my $200 Store card....but...

OMGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!!!! I got approved for the Target VISA at $4000 credit line!!!!!!!! I'm going to faint! I know it's much to some people, but I had to start over from scratch 4 yrs ago. I cleaned up my reports and got my FICOs up since then, kept a perfect payment record since then, so I'm so happy I got this. I figured I'd get the store card and hopefully one day get the VISA upgrade that many seem to be getting. I guess I don't have to wait for that now.

Re: Target Credit Card Question

Anonymous — Fri, 05 Oct 2007 00:06:35 GMT

ok you are banned, 4k on a target visa right out the door! unreal, way to go!

Baybreeze wrote:
Well, I just went to Target with my pre-approved receipt (which was good til 10/29), bought $20.00 of stuff and told the cashier I'd like to accept my pre-approved card today. So I do the app process in their register computer, figuring I'm going to get my $200 Store card....but...

OMGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG!!!! I got approved for the Target VISA at $4000 credit line!!!!!!!! I'm going to faint! I know it's much to some people, but I had to start over from scratch 4 yrs ago. I cleaned up my reports and got my FICOs up since then, kept a perfect payment record since then, so I'm so happy I got this. I figured I'd get the store card and hopefully one day get the VISA upgrade that many seem to be getting. I guess I don't have to wait for that now.

Re: Target Credit Card Question

John060675 — Fri, 05 Oct 2007 00:18:41 GMT

Baybreeze,

WTG!!!! May I ask your FICO scores? Obviously I am jealous

Re: Target Credit Card Question

Baybreeze — Fri, 05 Oct 2007 23:08:50 GMT

My Ficos are: TU-707, EX-707, EQ-695

I did, however, have a discharged BK in 08/03 but have had perfect credit since then and only 1 inquiry was on either EX or EQ (cant rememer which now). I'm sure my scores will go down a bit from applying, but it will go back up again. Im so glad to get a card other than Orchard.

Re: Target Credit Card Question

Anonymous — Sun, 07 Oct 2007 13:28:39 GMT

What card you get with target seems to be where your dart lands on their large dart board. With an EQ FICO (they pulled EQ) score of 703, thick credit file, no lates/baddies and only a few inquiries all I managed to get approved for was a red card with a $200 CL. What a waste of an inquiry, I regret applying.

As it stands it's my lowest CL 15 times over. I received it a couple weeks ago and am probably going to cancel the stupid thing.

Message Edited by OwNt on 10-07-2007 06:28 AM

Re: Target Credit Card Question

Anonymous — Sun, 07 Oct 2007 14:40:46 GMT

OwNt wrote:

What card you get with target seems to be where your dart lands on their large dart board. With an EQ FICO (they pulled EQ) score of 703, thick credit file, no lates/baddies and only a few inquiries all I managed to get approved for was a red card with a $200 CL. What a waste of an inquiry, I regret applying.

As it stands it's my lowest CL 15 times over. I received it a couple weeks ago and am probably going to cancel the stupid thing.

Message Edited by OwNt on 10-07-2007 06:28 AM

Target historically offers the RedCard at a low limit unless you have high scores in the 760s or above though recently the preapprovals instore have given lie to their normal practice. The good news is that Target is known for converting to the Visa after 6-12 mos.

Message Edited by Brammy on 10-07-2007 10:40 AM

Re: Target Credit Card Question

TKDALLSTAR — Sun, 07 Oct 2007 20:44:09 GMT

I was also approved with the Target Red Card, CL @ $200... Not a lot of $$, but will make sure to keep util low etc..

Re: Target Credit Card Question

Anonymous — Sun, 07 Oct 2007 23:45:18 GMT

Approach it as a step - it steps up to a target visa with proper use.

Re: Target Credit Card Question

Anonymous — Thu, 11 Oct 2007 02:21:31 GMT

Hmmm...

I just got declined for the Red Card a few weeks ago.

I'm rebuilding from old problems, and this was the first card that I finally decided to apply for. No dice. The main issue they listed was "no recent positives" (I have no revolving credit at all and no auto loans, mortgages, etc.) and "too many delinquents" (I have exactly 1 on my CR, and it's an error that I'm disputing.).

Hmmm... Maybe I'll hit target a lot soon. I haven't paid with my debit card there recently. I'll advise my boyfriend to do the same. Maybe I'll luck into one of those pre-approved, just in case they change their acceptance rules this time of year.

Re: Target Credit Card Question

Anonymous — Thu, 11 Oct 2007 02:23:40 GMT

Jennabean wrote:
Hmmm...

I just got declined for the Red Card a few weeks ago.

I'm rebuilding from old problems, and this was the first card that I finally decided to apply for. No dice. The main issue they listed was "no recent positives" (I have no revolving credit at all and no auto loans, mortgages, etc.) and "too many delinquents" (I have exactly 1 on my CR, and it's an error that I'm disputing.).

Hmmm... Maybe I'll hit target a lot soon. I haven't paid with my debit card there recently. I'll advise my boyfriend to do the same. Maybe I'll luck into one of those pre-approved, just in case they change their acceptance rules this time of year.

Looks liek you're going to have to buiild some other credit before hitting big red. HAveyou app'd Wally World? How about a secured or rebuilder card?

Re: Target Credit Card Question

Anonymous — Thu, 11 Oct 2007 07:02:18 GMT

@Anonymous wrote:

Looks liek you're going to have to buiild some other credit before hitting big red. HAveyou app'd Wally World? How about a secured or rebuilder card?

Er, Wally World???? I'll have to research that one.

Trying to avoid secured, if possible. Do you have rebuilder card suggestions?? I could use a few. Even just in-store credit with no card, as long as it reports SOMEWHERE.

Thanks!

Re: Target Credit Card Question

Anonymous — Thu, 11 Oct 2007 12:57:53 GMT

check out whogavemecredit.com

and scroll to the latest dates. enter your score and a list will come up