topic Re: Macys Cli in Credit Cards

Macys Cli

Anonymous — Wed, 16 May 2018 03:54:23 GMT

Hi All, what is the best way to apply for a CLI? I had my card for a month now SL $405. Also, where do I find the luv button?

Re: Macys Cli

Jnbmom — Wed, 16 May 2018 03:56:21 GMT

There is a "luv" button on your account summary online.

I "think" I got my first increase at 30 days but I am not positive.

Good luck

Re: Macys Cli

pipeguy — Wed, 16 May 2018 04:06:00 GMT

Considering the card is a month old, your only chance is to call Macy's credit department and plead your case perhaps by saying that you need to "invest" in new business clothes and you'd like to give Macy's your business because you like their products (it just may work). That being said, I noticed in your signature line that you have opened a bunch of cards recently (3/18) Personally I'd never have a Credit One, but sub-prime vulture cards aside, you have already damaged your chances for getting better limits with inquiries and a lot of new accounts (low average age of account(s)).

Wait a year until next April and your multi-inquiries will no longer damage your scores and you'll have a year experience with your current accounts - then ask for a credit limit increase. One final thought, store cards such as Macy's carry high-interest rates please be sure to pay those in full every month since if you carry a balance you'll end up paying a lot more for those purchases than the "sale price".

Re: Macys Cli

Anonymous — Wed, 16 May 2018 04:06:26 GMT

@Jnbmom wrote:
There is a "luv" button on your account summary online.

I "think" I got my first increase at 30 days but I am not positive.

Good luck

Where do you see the luv button exactly?

Re: Macys Cli

Jnbmom — Wed, 16 May 2018 04:20:32 GMT

It it right on the screen when you log into your credit card account, under Manage your card.

Re: Macys Cli

Meanmchine — Wed, 16 May 2018 04:25:12 GMT

If its not there it means you account is ineligible atm for a cli

Listen to pipeguy

Good luck to you

Re: Macys Cli

Anonymous — Wed, 16 May 2018 04:23:51 GMT

@pipeguy wrote:
Considering the card is a month old, your only chance is to call Macy's credit department and plead your case perhaps by saying that you need to "invest" in new business clothes and you'd like to give Macy's your business because you like their products (it just may work). That being said, I noticed in your signature line that you have opened a bunch of cards recently (3/18) Personally I'd never have a Credit One, but sub-prime vulture cards aside, you have already damaged your chances for getting better limits with inquiries and a lot of new accounts (low average age of account(s)).

Wait a year until next April and your multi-inquiries will no longer damage your scores and you'll have a year experience with your current accounts - then ask for a credit limit increase. One final thought, store cards such as Macy's carry high-interest rates please be sure to pay those in full every month since if you carry a balance you'll end up paying a lot more for those purchases than the "sale price".

I am very new to credit as you can see so I thought credit one would help me build. Yes I did apply for a few cards in a short period of time but I figured that would be the only way to build credit. hopefully in the future I can get cards wth higher limits and get rid of these bad ones.

Re: Macys Cli

Meanmchine — Wed, 16 May 2018 04:27:06 GMT

With the exception of Credit One, all your cards are keepers for at least 5 years

Re: Macys Cli

Jnbmom — Wed, 16 May 2018 04:37:21 GMT

@Meanmchine wrote:
If its not there it means you account is ineligible atm for a cli
Listen to pipeguy

Good luck to you

Actually appears on your account right away BUT you aren't eligible for atleast 30 days or so , may be longer.

Re: Macys Cli

Anonymous — Wed, 16 May 2018 04:40:55 GMT

@Meanmchine wrote:
With the exception of Credit One, all your cards are keepers for at least 5 years

Ok Good, I am new to credit but I am definitely listening to the advice given. So I'll wait a few months before requesting a CLI. I do see the request credit limit increase button but I'll wait. Thanks

Re: Macys Cli

RickNATL — Wed, 16 May 2018 05:48:59 GMT

They started me at $300...I used it constantly, always paying in full. At every 3-months, hit the CLI and doubled everytime, by 14 months, I was at $25K. Keep using, don't hold a balance!!!! That's the key....

Re: Macys Cli

AverageJoesCredit — Wed, 16 May 2018 12:11:13 GMT

One of the best store cards in regards to limits achievable. My advice is same as above. pif ! They dont necessarily need you to spend 1k to get increases, just responsible use. You may experience GPS at the begining but eventually many increases become sp

Re: Macys Cli

Gregory1776 — Thu, 17 May 2018 01:54:09 GMT

It says “request credit limit increase”

Re: Macys Cli

Anonymous — Thu, 17 May 2018 04:29:40 GMT

@RickNATL wrote:
They started me at $300...I used it constantly, always paying in full. At every 3-months, hit the CLI and doubled everytime, by 14 months, I was at $25K. Keep using, don't hold a balance!!!! That's the key....

Okay, Thank you! hopefully I'll have the same good luck

Re: Macys Cli

Anonymous — Thu, 17 May 2018 04:30:39 GMT

@AverageJoesCredit wrote:
One of the best store cards in regards to limits achievable. My advice is same as above. pif ! They dont necessarily need you to spend 1k to get increases, just responsible use. You may experience GPS at the begining but eventually many increases become sp

Okay, Thank you!

Re: Macys Cli

Anonymous — Thu, 17 May 2018 04:31:16 GMT

@Gregory1776 wrote:
It says “request credit limit increase”

Thank you!

Re: Macys Cli

QCS123 — Fri, 18 May 2018 06:51:56 GMT

Do you have to wait any timeframe after a CLI before requesting another? I just went from $2500 to $7500 and I feel like I left some on the table.

6/16- Opened at $600

10/17-$2500 (Auto increase)

5/18-$7500 (my request- immediate approval)

Re: Macys Cli

PointsBonus — Fri, 25 May 2018 01:26:30 GMT

May I humbly recommend getting your foot in the door with AMEX and OUT with CreditOne and CapitalOne.

AMEX will do you wonders, especially with CLI after 61 days which helps your credit a lot.

Re: Macys Cli

w_mcfly22 — Sat, 21 Jul 2018 05:48:08 GMT

I’ve had mine for about 3 months now. Use it frequently and I PIF every month. Got an auto increase at around 60 days...went from 405 to 800...

Re: Macys Cli

bodyboy1 — Sun, 22 Jul 2018 05:00:32 GMT

@w_mcfly22 wrote:
I’ve had mine for about 3 months now. Use it frequently and I PIF every month. Got an auto increase at around 60 days...went from 405 to 800...

> you can call Macy's credit, ask for a no credit pull credit line increase... Or ask if it's going to be a pull. They will say... The system will let me know if it's needing to request, no, it's not needing to request an inq, How much? Say $5k.. What ever the system kicks back, take it.. Repeat in 60 days, get to $20/$25k be happy, not greedy.

Everyone will say something different.. Use the button, do every 31 days, no. Do what you think is best. I love this Account for diff reasons.