topic GEMB Strikes Again in Credit Cards

GEMB Strikes Again

sunnyday — Mon, 10 Aug 2009 10:51:34 GMT

Well it happened again. I paid my Sams Card off and GEMB reduced my credit line to 100.00. First it was my Paypal credit now Sams Club. The strange thing about this is GEMB increased my credit limit on my JC Penneys last week. Now the 100.00 credit line at Sams is useless to me. My shopping trips to Sams Club are always 200.00 or more. I do not understand why they are doing this to people that have accounts in good standing. It looks like I will not be shopping there anymore. I'm just curious as to how many others they have done this to lately.

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 13:35:35 GMT

@sunnyday wrote:
Well it happened again. I paid my Sams Card off and GEMB reduced my credit line to 100.00. First it was my Paypal credit now Sams Club. The strange thing about this is GEMB increased my credit limit on my JC Penneys last week. Now the 100.00 credit line at Sams is useless to me. My shopping trips to Sams Club are always 200.00 or more. I do not understand why they are doing this to people that have accounts in good standing. It looks like I will not be shopping there anymore. I'm just curious as to how many others they have done this to lately.

There are no across the board policies with GEMB. Each CC is separately managed and sets its own policies.

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 14:00:11 GMT

@Anonymous wrote:
@sunnyday wrote:
Well it happened again. I paid my Sams Card off and GEMB reduced my credit line to 100.00. First it was my Paypal credit now Sams Club. The strange thing about this is GEMB increased my credit limit on my JC Penneys last week. Now the 100.00 credit line at Sams is useless to me. My shopping trips to Sams Club are always 200.00 or more. I do not understand why they are doing this to people that have accounts in good standing. It looks like I will not be shopping there anymore. I'm just curious as to how many others they have done this to lately.

There are no across the board policies with GEMB. Each CC is separately managed and sets its own policies.

OP - my condolences on the CLD's.

CWCIS - I wonder if this may not always be the case (separation of accounts)? I ask because when I was approved for CareCredit, I called in and asked for a CLI. While on the phone with CSR, she found and asked me about my Rooms to Go GEMB account. Ultimately she approved my CLI.

On the other hand, where GEMB gave me over $20k between CareCredit and Rooms to Go, for JCPenney I only got $350 and declined a CLI. So this seems to support the "separation" because the CLI denial reason was "not enough experience with this account at current CL"

These are my only GEMB accounts and all are new.

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 14:04:37 GMT

I said each CC is separately managed and sets its own policies. I didn't say they don't know about each other.

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 15:43:08 GMT

Did you carry a balance with them for a long period of time?

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 16:06:32 GMT

@Anonymous wrote:
each CC is separately managed and sets its own policies.

Is Paypal MC separate from lets say their net rewards MC though they're both MC?

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 16:46:46 GMT

@Anonymous wrote:
@Anonymous wrote:
each CC is separately managed and sets its own policies.
Is Paypal MC separate from lets say their net rewards MC though they're both MC?

This is the only CC I see that PayPal offers:

https://www.paypal.com/cgi-bin/webscr?cmd=xpt/Marketing_CommandDriven/general/PPPlusCC-outside&channel=1&promo=508

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 18:18:08 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
each CC is separately managed and sets its own policies.
Is Paypal MC separate from lets say their net rewards MC though they're both MC?
This is the only CC I see that PayPal offers:

https://www.paypal.com/cgi-bin/webscr?cmd=xpt/Marketing_CommandDriven/general/PPPlusCC-outside&channel=1&promo=508

Sorry. What I meant was is the GEMB Paypal MC separate from the GEMB general purpose net rewards MC even though they're both MCs? Or is it just store cards are separate from MCs?

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 18:39:43 GMT

Every program is administered separately. I believe those would be separate programs.

Think of it as Macy's and Citi. Macy's cards are Citi products, but administered by DSNB.

Message Edited by creditwherecreditisdue on 08-10-2009 02:39 PM

Re: GEMB Strikes Again

Anonymous — Mon, 10 Aug 2009 23:06:16 GMT

I will never apply for any GEMB products.

Re: GEMB Strikes Again

sunnyday — Tue, 11 Aug 2009 09:13:14 GMT

mjbfan79, no I did not carry a balance for a long time. Over the course of this past year, the highest balance I carried was about 300.00. I have paid it down to zero over the past year several times. I used it quite frequently and have always kept the account in excellent standing.

Re: GEMB Strikes Again

dallasjetfan — Tue, 11 Aug 2009 19:52:51 GMT

They did it to me with my PayPal, so I closed the account. Then I paid off my Chevron and closed it. Then, I paid off my Walmart and closed it. Next, I am going to pay off my Car Care One account and close it too! The only one I will keep of theirs is the CareCredit account since it has zero interest on everything for 2 years. So I will keep that account just in case I need some major dental or my dog needs surgery. They will never get a dime off me ever again!! Screw GEMB!!

Message Edited by dallasjetfan on 08-11-2009 12:52 PM

Re: GEMB Strikes Again

Anonymous — Tue, 11 Aug 2009 20:00:31 GMT

I think I am glad that the intersection of GEMB credit offerings and my portfolio = the null set!