topic Re: More COMENITY luv button crazy antics.... in Credit Cards

More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 15:32:03 GMT

I have had EB, VS and JCREW each over one year. Good spend on EB, small or medium on JC (depending upon how you define it) and only one purchase at beginning on VS. All have given me at least 2 CLIs and JC has given me 3; all via luv button. PIF all except EB once which was paid in 2 cycles. AAO high, avg Fico 695 and no baddies on any report. Here's the rub: Not only does the luv button not work for me any longer but the reason for denials is that I need to establish a proven payment track record! I'm thinking the real reason is that all balances have been at zero for past 3 months and they really just want me to spend money on the cards. Has this happened to anyone else? Do you think I am right w/my hypothesis? Please and thank you!

Re: More COMENITY luv button crazy antics....

CreditCuriosity — Fri, 14 Aug 2015 15:38:05 GMT

Of course they want you to use the card and I would take the denial as the reason you mentioned.. CLI's are given if you need them, if you aren't using any of the CL, then no need for CLI's

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 15:51:47 GMT

I have the Jcrew card as well. My fico scores are pretty close to yours. I get one CLI every few weeks with the exception of when the card hit the 6 month mark. I was able to repeatedly hit the CLI button for 16 or 17 times, which is what I have widely seen reported here. I have seen 20+ CLIs since I first received the card less than a year ago. Only purchase ever on the card was a pair of socks when I first received it. Not sure why you arent having success.

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 16:01:26 GMT

@Anonymous wrote:
I have had EB, VS and JCREW each over one year. Good spend on EB, small or medium on JC (depending upon how you define it) and only one purchase at beginning on VS. All have given me at least 2 CLIs and JC has given me 3; all via luv button. PIF all except EB once which was paid in 2 cycles. AAO high, avg Fico 695 and no baddies on any report. Here's the rub: Not only does the luv button not work for me any longer but the reason for denials is that I need to establish a proven payment track record! I'm thinking the real reason is that all balances have been at zero for past 3 months and they really just want me to spend money on the cards. Has this happened to anyone else? Do you think I am right w/my hypothesis? Please and thank you!

I have J Crew and Overstiock. I have gotten a 300.00 increase on each one after 31 days. I did buy a small item on each that I actually use, so it wasn't a waste. I have heard every month on day 31, you can get an increase. I have another 15 days before I do it again. I will post.

Re: More COMENITY luv button crazy antics....

ErikaC1 — Fri, 14 Aug 2015 16:03:18 GMT

I hit the luv button on the New York and Co card yesterday twice and got a CLI of $200 each time. No luck on VS or Express.

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 17:01:37 GMT

No spend, no CLI.

Re: More COMENITY luv button crazy antics....

Pway — Fri, 14 Aug 2015 17:49:28 GMT

@Anonymous wrote:
I have had EB, VS and JCREW each over one year. Good spend on EB, small or medium on JC (depending upon how you define it) and only one purchase at beginning on VS. All have given me at least 2 CLIs and JC has given me 3; all via luv button. PIF all except EB once which was paid in 2 cycles. AAO high, avg Fico 695 and no baddies on any report. Here's the rub: Not only does the luv button not work for me any longer but the reason for denials is that I need to establish a proven payment track record! I'm thinking the real reason is that all balances have been at zero for past 3 months and they really just want me to spend money on the cards. Has this happened to anyone else? Do you think I am right w/my hypothesis? Please and thank you!

Express receives the bulk of my money and the increases have been good. I can actually shop there without worrying about maxing out my credit card. However, jcrew on the other hand I just don't get it. I love to shop there but my increases are always denied. I just don't believing in maxing out my credit card with them. So I buy little things and put it on my jcrew card and large purchases I put on my major credit card because I don't have to worry about my utilization.

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 21:02:28 GMT

@Anonymous wrote:
No spend, no CLI.

False

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 21:06:24 GMT

@Anonymous wrote:
@Anonymous wrote:
No spend, no CLI.
False

Perhaps not with all their cards as witnessed by the Barney's fiasco, but in general for revolving credit this applies.

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 23:47:51 GMT

I can only speak for the JCrew card, but I had plenty o CLI with 0 spend.

Re: More COMENITY luv button crazy antics....

Anonymous — Fri, 14 Aug 2015 23:50:39 GMT

I take that back, I just recently received a CLI on my HSN card with 0 spend ever.

Re: More COMENITY luv button crazy antics....

ddemari — Sat, 15 Aug 2015 00:08:48 GMT

OP- Comenity definitely likes you to spend to get CLI but they do not "require it", we see lots of people who have not ever used on their cards and have been able to get CLI's.

VS and EX used to be you had to wait 9 months or so to get a CLI. I dont have those cards. I do have J crew card. Opened a year ago with a $500.00 CL, immediately raised to $800.00. Now its at $18,000.00. I use the card once a month. If I added all my spend on that card from the past year i have spent a couple thousand.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 00:26:24 GMT

One shouldn't expect a CLI without spend.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 03:13:36 GMT

-C'mon Angel - as the pink striped glitter card bounces around - USE ME

I've used it once. I don't know how many underthings a person can really buy all the time. That's a lot of *** protection.

...and sweatpants. No cli for moi anytime soon. GJ on yours though!

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 03:17:47 GMT

YES! Exactly the same thing! Once you buy something, it's an auto cli.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 12:33:57 GMT

oh come on people, credit limits aren't simply for" the necessity" , like buying sports bras and wonder panties at Victoria secret, they are for padding utilization, financing large purchases without an effect on your score, enhancing your credit portfolio, etc.

after all, we are talking about banks here. We aren't taking about non-profit organizations researching cures and helping the helpless.

Take what you can get from these people, use it responsibly, and have no regrets. When you go down, none of these banks will be there to pick you up, and when they go down, they won't think twice about walking away like nothing ever happened.

Responsibility, not necessity.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 12:43:30 GMT

And I just clicked my VS up from 750 to 1150 just now

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 14:50:09 GMT

Utilization padding really only has a "large" effect when it is on the account itself that reports a balance and thus is being utilized. (90% is still 90% even if total is 5%) But that isn't what this thread is about.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 15:20:00 GMT

That's an incorrect statement. overall utilization and singular utilization are both important. I would argue that having 5% overall utilization is significantly more important than having 80% utilization on one card.

If you have 10,000 in limits, and add a 10,000 card, which is really what we are talking about here with Comenity (barney's, blue nile, etc.) your 50% overall utilization with 5000 in balances, drops to 25% in overall utilization.

That is a monstrous effect.

Re: More COMENITY luv button crazy antics....

Anonymous — Sat, 15 Aug 2015 17:15:54 GMT

Notice none of the true gurus argue this point. High overall and singular utilization hurts scores but high singular utilization hurts scores just as bad even with low overall utilization. 0/30K wont cancel out your 4/5K no matter how much you want it to. I have personally seen this effect on reports when meeting spend bonuses and going above 30% on one or several cards at once and letting them report even though I wasnt even at 5% overall. Lets get back on topic is about. CLIs are for spenders in most cases. Spend some money or expect goose eggs.