topic Re: Target Credit limit increase in Credit Cards

Target Credit limit increase

Anonymous — Fri, 12 May 2017 13:50:18 GMT

I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 14:30:42 GMT

@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.

That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.

Re: Target Credit limit increase

manyquestions — Fri, 12 May 2017 15:39:07 GMT

@Anonymous wrote:
@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.
That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.

With Target, I think it helps to let it report before paying if you want to get a CLI. I used to pay before the statemtent cut and I never got increases. Then, based on what others reported, I started letting it report before I pay and I have been getting increases every three months.

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 15:51:31 GMT

Went from $300 to $1200 and it only took me over two years to do. Lol

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 16:02:02 GMT

@manyquestions wrote:
@Anonymous wrote:
@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.
That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.
With Target, I think it helps to let it report before paying if you want to get a CLI. I used to pay before the statemtent cut and I never got increases. Then, based on what others reported, I started letting it report before I pay and I have been getting increases every three months.

I will try that then - I may just order something small on the website and then let a statement post and PIF. It would be worth the try.

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 16:03:03 GMT

@Anonymous wrote:
Went from $300 to $1200 and it only took me over two years to do. Lol

Yeah, that isn't much, but I guess it is better than nothing! I am rebuilding and in the garden, so any CLI without a HP works great for me

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 16:04:56 GMT

@manyquestions wrote:
@Anonymous wrote:
@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.
That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.
With Target, I think it helps to let it report before paying if you want to get a CLI. I used to pay before the statemtent cut and I never got increases. Then, based on what others reported, I started letting it report before I pay and I have been getting increases every three months.

I think this may be true as well. I started at $300 and went to $800. Shortly after the first increase, I spent $650 there and let it report. Then paid in full. It was another couple of months and I got an increase to $1300.

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 16:09:37 GMT

@Anonymous wrote:
@manyquestions wrote:
@Anonymous wrote:
@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.
That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.
With Target, I think it helps to let it report before paying if you want to get a CLI. I used to pay before the statemtent cut and I never got increases. Then, based on what others reported, I started letting it report before I pay and I have been getting increases every three months.
I think this may be true as well. I started at $300 and went to $800. Shortly after the first increase, I spent $650 there and let it report. Then paid in full. It was another couple of months and I got an increase to $1300.

That's AWESOME! It is worth trying for sure

Re: Target Credit limit increase

Themanwhocan — Fri, 12 May 2017 21:00:57 GMT

Wow. I haven't had an increase since I got one 4 months after opening the card (from $1000 -> $1600). I did know about the theory of letting a balance report, but regardless of that I wanted a decent balance to report at least once on my credit reports. Plus this past month I finally spent a lot at target, so I let $375 report on my statement. And, I already have another CLI from $1600 -> $2100.

My card will be 17 months old in 3 more days. In other words, its been 12 months since the last CLI. Statement date was 3 days ago, and I havent paid it yet.

Re: Target Credit limit increase

Themanwhocan — Fri, 12 May 2017 21:04:12 GMT

@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.

I assume you mean update your income on your account. I do that at least once a year.

Re: Target Credit limit increase

MrsCHX — Fri, 12 May 2017 21:22:37 GMT

I do shop Target very frequently. And as OP has now discovered, you cannot request a CLI. I have noticed they SP my TU report every 3 months.

Opened 2/2016 at $300

CLI 6/2016 to $800

CLI 9/2016 to $1,300

CLI 12/2016 to $2,000

Usage and balances or PIF never seemed to factor *for me*. I have been maxed out ($1,300 to $2,000 cli), I have been PIF, etc.

Earlier this year I had a TU mistake on my report which has depressed my score for the better part of 3 monhts. I haven't received a CLI since the December one.

I think they just review you and CLI you as they see fit. I don't think there's a "system" like people want to try to make happen

Kind of how with Synchrony it's all based on your TU score. If you're over 650 you get x amount...at 680 you jump up...at 700+, you jump up some more. And the usage or balances reporting or not...doesn't matter.

Re: Target Credit limit increase

MrsCHX — Fri, 12 May 2017 21:23:35 GMT

@Themanwhocan wrote:
@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.
I assume you mean update your income on your account. I do that at least once a year.

I would do it more frequently, even if it's the same number.

Re: Target Credit limit increase

Anonymous — Fri, 12 May 2017 23:27:31 GMT

Themanwho.. Yes that's what I mean.

Re: Target Credit limit increase

Anonymous — Sat, 13 May 2017 16:23:06 GMT

Ive had my card 11 months and this is how I used it.

Opened at $300.

$800 Maybe 3-4 months ago?

$1,100 this month.

I use it about once a month, I always used it to shop, get a bit of a discount and then go pay it immediately. Always spent what I could pay in cash. Last month is the first time I had a balance a bit over $200, I paid $100.

Not sure of their method but this is how it happend for me.

Re: Target Credit limit increase

Anonymous — Wed, 31 May 2017 20:43:02 GMT

That is good to know, I just got in with Target last month. Started off with a low limit $300. I purchased one thing and PIF before the statement posted. I don't live near a Target, so I won't likely use this card often, maybe during the holidays.

I got the card in December with the usual $300 limit. I bought something small there every month (typically $5 to $10 worth) and paid in full as soon as the bill dropped. Five months later, I got a letter in the mail congratulating me on my credit limit increase - they bumped it up to $700. I was happy because I had read here on the forum about how it was very difficult to get a credit limit increase from them

Re: Target Credit limit increase

Total80sKid — Wed, 31 May 2017 22:53:00 GMT

Have had my Target REDcard for over 6 years now.

Started at $500 and stayed there until early last year.

Then they increased it to $700, then 3 months later increased it to $1000, 3 more months go by and they bump it to $1300 and about 2 months ago bumped it up again to $1700

Re: Target Credit limit increase

Anonymous — Wed, 31 May 2017 23:19:55 GMT

how long have you had the card. They dont give a cli for at least the first 6 months. Right before your 6th statment increase your income on their website. They will likely give an auto increase.

Re: Target Credit limit increase

Anonymous — Wed, 27 Sep 2017 05:12:50 GMT

Just try to be patient with them, once they start doing their auto increases, they are fairly generous and do them pretty often, in my experience.

I opened an account with them in Nov 2016. At 6 months they increased to $800, then a third increase to $1300 a few months ago (I can't remember exact dates off top of my head). A few days ago when I logged in they asked me to update my income info. I did, and when my last statement cut yesterday they increased me again to $2000

I do use the card often, sometimes a hundred a month, sometimes substantially more ($5-$600 range), and generally pay in full. I may have rolled a balance once or twice, but only for one billing cycle
My husband has had a similar experience with them, he opened his card at the same time as me. They started him at $500, 6 month increase to $1000, a third increase to $1500, now I am certain when his next statement cuts in a few days it will increase again (same patterns and time frames as mine).
His card doesn't get used as reguarly as mine, maybe once or twice every few months, and he never carries a balance.

I know this topic is old, but maybe this will help someone. Btw, hi I'm a new poster, although a longtime reader and member. :-)

Re: Target Credit limit increase

SunriseEarth — Wed, 27 Sep 2017 11:19:17 GMT

@Anonymous wrote:
I called and ask for credit limit increase. CSR said they do not offer credit limit increase anymore but they do review account each month to see if you're qualify for increase. She also said to update my account every month.

My formula is spend, let balance post on statement, update income info, and pay off statement balance, and repeat. I started at $1K and now have a $4K Target MC.

Re: Target Credit limit increase

Anonymous — Wed, 27 Sep 2017 13:23:04 GMT

Target card focuses on having a good long term relationship. Started with $500 CL 4 years ago and currently at $9k.