topic Re: Target CLI!!! in Credit Cards

Target CLI!!!

Anonymous — Thu, 15 Jul 2010 17:15:13 GMT

Finally after 2 years I got an CLI from Target from $200 to $1000. Maybe it was the Walmart showing up on my report for $1200, but who cares by any means necessary.

Re: Target CLI!!!

Iincognito — Thu, 15 Jul 2010 17:28:37 GMT

@Anonymous wrote:
Finally after 2 years I got an CLI from Target from $200 to $1000. Maybe it was the Walmart showing up on my report for $1200, but who cares by any means necessary.

Very nice, grats!

Re: Target CLI!!!

keith021 — Thu, 15 Jul 2010 18:42:23 GMT

@Anonymous wrote:
Finally after 2 years I got an CLI from Target from $200 to $1000. Maybe it was the Walmart showing up on my report for $1200, but who cares by any means necessary.

Was it a automatic increase?

Re: Target CLI!!!

DeeDee642 — Thu, 15 Jul 2010 19:49:04 GMT

Congratulations,

How did you learn about it? Was it on your statement or their website? I just ask, because I received my statement yesterday - and no increase. I had read somewhere on these boards about almost being punished for paying off their card. I had a very small credit limit (200) and just paid it off and didn't use it for a couple of months. Someone said that their C.S. said you are not documenting paying every month this way??

Janice

Re: Target CLI!!!

tray — Thu, 15 Jul 2010 21:28:22 GMT

@DeeDee642 wrote:
Congratulations,
How did you learn about it? Was it on your statement or their website? I just ask, because I received my statement yesterday - and no increase. I had read somewhere on these boards about almost being punished for paying off their card. I had a very small credit limit (200) and just paid it off and didn't use it for a couple of months. Someone said that their C.S. said you are not documenting paying every month this way??
Janice

I also recieved a cli from Target to $1000.00 today. I would check your Target account on-line

Re: Target CLI!!!

Anonymous — Thu, 15 Jul 2010 21:39:36 GMT

I checked on-line today and I also received a CLI of 500.00 now I'm up to 1,000.00 CL

Re: Target CLI!!!

blacklotus — Thu, 15 Jul 2010 21:48:08 GMT

There was a news article about Target credit cards recently. Target is trying to attract more customers to shop there. One strategy they are using is offering credit card discounts if you use the Target store card. They are offering I believe 10-20% discounts on merchandise if bought with the card. I neither have this card nor shop there so someone will have to post what the actual discount is.

According to the article at one point they were losing revenue because of credit card default and I assume that more customers are now able to pay their bills so they are initiating this new sales strategy.

This is just interesting stuff.

I think that it would be worth the discount if you shop there but only if you PIF- I'm not sure what the APR's are on this card but I'm sure its pretty high.

Re: Target CLI!!!

Anonymous — Thu, 15 Jul 2010 21:59:45 GMT

I checked my account after reading the messages and I have been given a increase from $1000 to $1500.

Re: Target CLI!!!

Creditaddict — Thu, 15 Jul 2010 22:09:04 GMT

Just checked my 4 accounts and they are all still the same:

$200

$300

$200

$1000 this was increased last year.

I am however currently carrying a balance on all four accounts, so I will watch out next statement... sounds like they are doing another blanket increase on accounts that somehow fall into some category that only Target knows!

Re: Target CLI!!!

Anonymous — Thu, 15 Jul 2010 23:02:49 GMT

http://blogs.consumerreports.org/money/2010/06/target-offers-instant-5-percent-back-on-purchases-with-new-credit-card-risk-reward.html

This is an artcicle that I found on the internet regarding target. They are offereing a 5 percent discount on all debit and target cards beggining in the fall.

Re: Target CLI!!!

llecs — Thu, 15 Jul 2010 23:13:24 GMT

Ahhh! Come on!!!

I'm going on 3 yrs this year and I have to show for it is $200! I'm happy for you guys, but grrrrrrrr!

I've PIF. I've left a balance. I paid a balance over several months. I used it multiple times monthly. I've left a $0 balance for months on end. If it weren't for bad luck with this card, I wouldn't have any luck at all.

Re: Target CLI!!!

keith021 — Thu, 15 Jul 2010 23:33:09 GMT

@llecs wrote:
Ahhh! Come on!!!

I'm going on 3 yrs this year and I have to show for it is $200! I'm happy for you guys, but grrrrrrrr!

I've PIF. I've left a balance. I paid a balance over several months. I used it multiple times monthly. I've left a $0 balance for months on end. If it weren't for bad luck with this card, I wouldn't have any luck at all.

Same here. I actually use my Target card a lot and still no increase. I never carry a balance because of the high APR.

Re: Target CLI!!!

laryn41 — Fri, 16 Jul 2010 00:06:10 GMT

Going on 6 years here with a 200 limit. i have a sore of 743! Crazy!

Re: Target CLI!!!

Takunda1 — Fri, 16 Jul 2010 00:52:59 GMT

How do you guys get such low limits with target? Are you applying for the credit card or the store card. I applied at the store and got a $3000 limit just 3 months ago, credit scores all experian Plus credit score is 690.

Re: Target CLI!!!

llecs — Fri, 16 Jul 2010 01:00:53 GMT

@Takunda1 wrote:

How do you guys get such low limits with target? Are you applying for the credit card or the store card. I applied at the store and got a $3000 limit just 3 months ago, credit scores all experian Plus credit score is 690.

I think everyone is referring to the store card. You have the credit card, right?

Re: Target CLI!!!

Anonymous — Fri, 16 Jul 2010 02:09:56 GMT

@Anonymous wrote:
http://blogs.consumerreports.org/money/2010/06/target-offers-instant-5-percent-back-on-purchases-with-new-credit-card-risk-reward.html

This is an artcicle that I found on the internet regarding target. They are offereing a 5 percent discount on all debit and target cards beggining in the fall.

I was lucky enough to receive the increase to $1000 when they did the 1st round 1 1/2 ago. It looks like the above blog may "prove" Target store cards are set up to be low limit. The writer noted, "...You’ll also can hurt your score if you use more than 20 percent or so of the card’s credit limit, which averages $600 to $700."

Re: Target CLI!!!

Anonymous — Fri, 16 Jul 2010 02:53:24 GMT

WOW!, just checked and received a CLI from $1000 to $2000. It took me like 14 years to go from $200 to $1000 and now it took seven months to double that.

Re: Target CLI!!!

Anonymous — Fri, 16 Jul 2010 02:57:28 GMT

Target is the first unsecured card I have gotten during my rebuilding (in May). I was asked at checkout so I gave it a shot and was approved instantly for $1000, I was quite suprised.

Re: Target CLI!!!

Takunda1 — Fri, 16 Jul 2010 04:06:31 GMT

@llecs wrote:
@Takunda1 wrote:
How do you guys get such low limits with target? Are you applying for the credit card or the store card. I applied at the store and got a $3000 limit just 3 months ago, credit scores all experian Plus credit score is 690.
I think everyone is referring to the store card. You have the credit card, right?

No I got the store card. I just applied at the register when I was checking out.

Re: Target CLI!!!

Anonymous — Fri, 16 Jul 2010 14:40:52 GMT

I haven't used my Target card for several months -- after reading this thread I checked and my store card limit was increased from $300 to $1000.