topic amazon and walmart? in Credit Cards

amazon and walmart?

Anonymous — Mon, 14 Mar 2016 12:13:02 GMT

hi all,

Just approved on sat for walmart and amazon. What are the quickest ways to grow these cards?

Re: amazon and walmart?

takeshi74 — Mon, 14 Mar 2016 12:25:49 GMT

With any creditor, limits are based primarily on what your credit profile and income qualify for. Idenitify issues with your credit and address them. Don't rely on the usage meme.

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 12:26:24 GMT

Wait a few months out and use the cards as you will. And you'll see synchrony is the best I have the Wal-Mart store card my starting limit was $400 6 months later $6000 no problem

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 12:35:36 GMT

If you have a decent TU score, call CS after you receive the cards and activate them, ask for $25,000 on each.

Re: amazon and walmart?

dfitzg — Mon, 14 Mar 2016 12:48:55 GMT

@Anonymous wrote:
If you have a decent TU score, call CS after you receive the cards and activate them, ask for $25,000 on each.

I called before getting the cards and got $2500 CLI's on both

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 13:12:00 GMT

Transunion score is 605 so not sure they would increase my limit right away.

Re: amazon and walmart?

MyLoFICO — Mon, 14 Mar 2016 14:01:37 GMT

@Anonymous wrote:
Transunion score is 605 so not sure they would increase my limit right away.

Try. It's a SP and if I don't annoy them you surely won't. They are areally nice.

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 14:10:51 GMT

After having Wally worlds for years now I find that the more you use it the more likely the love button works! However if you have scores well into the 700s or when you do...Call the back door and ask for something crazy! I did it for Lowes and I went from $6K to $20K in one setting. Wally world went from $2300 to $10K. Amazon had gone from $2800 to $8000. I could have asked for more but I figured in a 2 day span that was pretty awesome! Good luck and just treat the credit line with respect and it will naturally grow on its own!

GL!

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 14:32:46 GMT

Thanks for posting this. I too got approved for both Walmart and Amazon this weekend and I was wondering the same thing. I shop with Amazon and Walmart a bunch so I figured getting their cards could potentially show some benefit to being a loyal customer.

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 15:19:53 GMT

I am trying not to push my luck. I am not sure if when i call they are going to actually look at my credit report, i still have an old walmart discharge reporting on there.

Re: amazon and walmart?

Scott_S — Mon, 14 Mar 2016 16:25:04 GMT

@Anonymous wrote:
I am trying not to push my luck. I am not sure if when i call they are going to actually look at my credit report, i still have an old walmart discharge reporting on there.

I think they're more aware of an old account internally, than your fear they'll see it on your report and change their minds about your recent approval. But as far as the CLI goes, it's up to you. I personally like to use the cards for a while, build some history with the account before I request an increase.

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 16:58:34 GMT

Your right, i was more worried about that. I also dont think they would give me a quick cli since that account is still on there, i think i am going to have to prove myself to them.

Re: amazon and walmart?

Anonymous — Mon, 14 Mar 2016 17:46:35 GMT

I accidentally requested a CLI from Wal Mart last week. I just wanted to see the online process and thought I was hitting the button to review (not actually submit) and it actually submitted it. It was not approved and one of the reasons on their letter was "Too few premium bankcard accounts" and "Not enough debt experience". That last one is funny because I've had credit since 1994, defaulted on most of it in 2009, and just started re-building. I guess they meant with just their account.

I've had both accounts for about a month. I don't plan on requesting a CLI until probably the 6th month. I've already used them both and paid in full. I use Amazon all the time so I'm sure that zero balalance won't last too long. I plan to use WalMart for things like water, dog food, toiletries, things that are much cheaper there than anywhere else.