topic Re: Cabela Visa Credit Card in Credit Cards

Cabela Visa Credit Card

CreditBob — Sat, 11 Apr 2009 02:59:57 GMT

For anyone that has a visa credit card from Cabela's I was just wondering on the following. What the line of credit that they had issued along with income as well? In other words if someone makes $ 30k per year what line of credit would they issue?

Re: Cabela Visa Credit Card

Creditaddict — Sat, 11 Apr 2009 05:54:36 GMT

they are pretty easy bank and give out some very nice credit lines

Re: Cabela Visa Credit Card

Anonymous — Sat, 11 Apr 2009 06:42:50 GMT

I just apped and was approved for the Cabelas Visa.

Income stated: 36,000 yearly

EQ Fico: 648

CL: $500.00

I may be the exception with credit lines though. I seem to be stuck in " Low Limit Lingo". I have read many posts with scores similar to mine that were approved for 2k to 3k and regular cl increases.

Re: Cabela Visa Credit Card

Anonymous — Sat, 11 Apr 2009 11:47:34 GMT

diz -

have you tried a cu?

Re: Cabela Visa Credit Card

Anonymous — Sat, 11 Apr 2009 13:55:11 GMT

Yea, I am a member of my local credit union. I applied for a visa from them but they turned me down. I don't think they are BK friendly. They did say they would work with me on an auto loan with pretty decent rates, but I will probably never make auto payments again when I can pick up a used auto at the auction, fix it up and I'm good to go. It's worked good for me for quite some time now.

Re: Cabela Visa Credit Card

Anonymous — Sat, 11 Apr 2009 18:51:33 GMT

@Anonymous wrote:
I just apped and was approved for the Cabelas Visa.

Income stated: 36,000 yearly; EQ Fico: 648; CL: $500.00

I may be the exception with credit lines though. I seem to be stuck in " Low Limit Lingo". I have read many posts with scores similar to mine that were approved for 2k to 3k and regular cl increases.

You mean "low limit limbo," don't you? Anyway, I think I'm in the same boat. I have a higher income and a 677 Equifax FICO score but got just a $1000 CL upon being approved last October. (Note: I also have a Ch7 BK, from 2005; I suspect that affected the limit, too.) It could be that World's Foremost Bank (the Cabela's-owned issuer of this card) isn't as lenient with handing out credit lines as they were, say, a year and a half ago. I also found out that a few months ago, they changed their CLI request policy from "1 every 4-5 months" to "1 every 12 months." I'm just going to have to be patient with this and my 2 other cards as far as getting higher limits goes.

Message Edited by MarkRabo on 04-11-2009 02:51 PM

Re: Cabela Visa Credit Card

Anonymous — Sun, 12 Apr 2009 04:49:58 GMT

Yea "Limbo" that is what I meant to type.

I think we just have to suck-it-up for now and prove to whoever gives us credit that we can be responsible and in time the CL's will come. I hope!

Re: Cabela Visa Credit Card

Anonymous — Sun, 12 Apr 2009 16:39:11 GMT

Diz -

Drop $500 or so into savings at your cu, then take out a secured loan against it. Pay it off in 6 months. This will improve your credit with the cu substantially.

Re: Cabela Visa Credit Card

Lyythine — Mon, 13 Apr 2009 04:29:37 GMT

I apped for a cabela's card 2 weeks ago because I go every couple months to get some gear for kayaking, and the discounts would be nice... So, I apped online, got Declined with no reason "Haven't been declined for anything for almost 5 years. Today, I get home from the airport, go down to get my mail from the doorman, see the letter from the bank expecting to see some silly reason why I was declined. I was wrong... not only was I not declined but there was a card in the envelope, and they gave me a 10k credit limit (which I found funny... I dont purchase that much there). Im not sure about this bank... Ive never heard of them and there is no way in hell im gonna go and call them to ask why I was declined, but then got the card. Anyway, good luck! Im not sure how they make their decisions, but its definitely an odd way ive never seen.

Message Edited by Lyythine on 04-12-2009 09:29 PM

Re: Cabela Visa Credit Card

Anonymous — Mon, 13 Apr 2009 08:30:49 GMT

Lyythine, Congrates on the approval. That is weird but I have read other posts of the same thing happening to others. Declined instantly online and a few days later a card shows up in the mail. That's a good starting CL. Enjoy the rewards! Again congrates.

Re: Cabela Visa Credit Card

Anonymous — Mon, 13 Apr 2009 11:29:56 GMT

So, did you do the "happy dance" at your mailbox

Re: Cabela Visa Credit Card

Anonymous — Mon, 13 Apr 2009 21:21:29 GMT

My SO just apped for this card and was approved for $1000 CL. The only other card he has is the 99/500 BOA secured. He included me in household income on the app, so it was in the 6 figures. Another poster and I compared credit reports and starting CL after applying for this card at the same time, and I would guess that his started at $500 because of the lower income reported. Other than that, the reports seemed fairly similar as far as derogs, collections, etc.

Re: Cabela Visa Credit Card

Creditaddict — Tue, 14 Apr 2009 01:55:00 GMT

what number do you call for status of application?

Re: Cabela Visa Credit Card

Anonymous — Tue, 14 Apr 2009 02:04:11 GMT

@Creditaddict wrote:
what number do you call for status of application?
I called 1-800-850-8402 it's the number directly from the Cabelas Visa application website. I called the next day and was told about the rewards and was given my CL.

Re: Cabela Visa Credit Card

Anonymous — Sat, 18 Apr 2009 05:58:42 GMT

I just wanted to update in regards to the Cabela's Visa. I just got off the phone a bit ago with CSR as my bill just showed up with a $32 dollar charge that was due on 4/22. I havn't even recieved the card in the mail yet! The CSR said it was a $5.95 charge to pay by phone. I tried to tell him I couldn't mail the payment in time and I don't have the card to set up online payments. He said he could not give me the account number over the phone and that I should mail the payment to them that day. I politely disagreed and asked for his supervisor.

Long story short, supervisor waived the fee and took payment over the phone. That's less than two weeks from time of purchase until time payment was due! The supervisor was apalogetic and everything worked out fine but still not off to a good start for me

eta: The supervisior I spoke with said to call back in 3 months for a review and possibly a CLI. I know others have stated 4 or 5 months and even 12, so that is what I was told.

Re: Cabela Visa Credit Card

Anonymous — Sun, 19 Apr 2009 20:52:46 GMT

We just recieved a bill (for $0) before we even recieved the card. Got the card the next day, but I was shocked! Then imagine my surprised when two days later we recieved another card - exact same as the first down to the security code on the back. Hopefully this will not be what the rest of the experience will be like, but I'm glad to hear we might be able to get a CLI in a few months!

Re: Cabela Visa Credit Card

Anonymous — Thu, 23 Apr 2009 20:12:39 GMT

Got approved online for $1k a year and half ago - way lower than any other TL. Waited a year, pulled the trigger for a CLI (HARD pull on EQ, but I knew that) - went to $7k instantly. Still on the low side, but perfectly acceptable.

If they like you, it will grow with you, but you may have to help it along, and take an inq along the way.