topic New Target CC in Credit Cards

New Target CC

jefftca925 — Wed, 10 Aug 2011 14:12:16 GMT

I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 14:32:48 GMT

Don't feel bad about the limit I received the same limit. My other CL are much higher. Hopefully we will see increases near the holidays!

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 15:35:51 GMT

@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.

My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 16:55:26 GMT

@Anonymous wrote:
@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.
My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?

Scientifics was your card the Target Visa card? I'm thinking it was with a limit of $2000. The store card is usually issued a limit as low as $200 and the highest I have heard of is $1000.

My card (store) opened with $300 received first cli to $500 and then $1000.

Re: New Target CC

MagicShot — Wed, 10 Aug 2011 17:06:35 GMT

@Anonymous wrote:
@Anonymous wrote:
@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.
My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?
Scientifics was your card the Target Visa card? I'm thinking it was with a limit of $2000. The store card is usually issued a limit as low as $200 and the highest I have heard of is $1000.

My card (store) opened with $300 received first cli to $500 and then $1000.

My CL is 1000 but i also just have a store card. they no longer offer a visa card.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 17:13:37 GMT

@MagicShot wrote:
@Anonymous wrote:

My card (store) opened with $300 received first cli to $500 and then $1000.

My CL is 1000 but i also just have a store card. they no longer offer a visa card.

you are correct. I was just wondering if that is why his card was issued with a higher limit.

Re: New Target CC

jefftca925 — Wed, 10 Aug 2011 17:20:41 GMT

@Anonymous wrote:
@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.
My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?

On the little slip that popped out of the machine in the store (temporary card) it said my CL was $600 and temporary limit was $200. Not sure if that changes when you actually receive the card but I thought it was kind of odd considering my credit file. It's not that big of a deal to me as I really wanted the card for the 5% discount. I buy quite a bit of stuff there (Wal-Mart scares me) so having a CC made sense to me. I was curious on what experiences people recently had with them. The credit pulls data base on another site showed that recently people were getting low opening limits with them.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 17:25:08 GMT

@jefftca925 wrote:
@Anonymous wrote:
@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.
My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?
On the little slip that popped out of the machine in the store (temporary card) it said my CL was $600 and temporary limit was $200. Not sure if that changes when you actually receive the card but I thought it was kind of odd considering my credit file. It's not that big of a deal to me as I really wanted the card for the 5% discount. I buy quite a bit of stuff there (Wal-Mart scares me) so having a CC made sense to me. I was curious on what experiences people recently had with them. The credit pulls data base on another site showed that recently people were getting low opening limits with them.

The REDcard (store card) has always been issued with lower limits (to my knowledge). The only card that had higher limits was the Target Visa which is no longer offered.

Re: New Target CC

laz98 — Wed, 10 Aug 2011 17:26:27 GMT

i like my target card. like you, i shop there a lot. i was one of the people who was stuck with a $200 limit for the longest time. then one day it jumped to $1,000, to my great surprise. i thought it would stay there. but then some time after that, not sure how much passed, i got a jump to $1,500. & that's where it's been for the last year.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 17:40:12 GMT

I got $1000. Is it really the highest? I wish they still offered the Visa.

I'm an AU on my mom's Target Visa but the CL is $200

I don't know which I should keep in my wallet now.

Re: New Target CC

llecs — Wed, 10 Aug 2011 17:58:13 GMT

@Anonymous wrote:
@MagicShot wrote:
@Anonymous wrote:

My card (store) opened with $300 received first cli to $500 and then $1000.

My CL is 1000 but i also just have a store card. they no longer offer a visa card.
you are correct. I was just wondering if that is why his card was issued with a higher limit.

Target has been changing. I've seen some odd limits lately for their store card. The days of $200, $300, $500, and $1000 CLs are becoming a thing of the past. I still have no regrets cancelling my $200 after it was stuck there for over 3 yrs.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 18:09:35 GMT

@Anonymous wrote:
@Anonymous wrote:
@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.
My FICOs are in the 730 range and I got approved for a CL of $2000. Are you sure that's not just the temporary limit until you get the card in the mail?
Scientifics was your card the Target Visa card? I'm thinking it was with a limit of $2000. The store card is usually issued a limit as low as $200 and the highest I have heard of is $1000.

My card (store) opened with $300 received first cli to $500 and then $1000.

I opened my card on July 23, and it is the store card NOT the Visa.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 18:36:22 GMT

I got a 2000 starting limit about a year ago. It's the regular red card. My fico is low, around 660ish. Haven't checked in a few months. No cli since opening though, stuck at 2000.

Re: New Target CC

jefftca925 — Wed, 10 Aug 2011 18:50:52 GMT

@Anonymous wrote:
I got a 2000 starting limit about a year ago. It's the regular red card. My fico is low, around 660ish. Haven't checked in a few months. No cli since opening though, stuck at 2000.

I noticed a lot of limits were considerably higher last year but lower in the last few months. I assume their charge-offs have increased again and they are trying to limit exposure.

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 19:28:10 GMT

@jefftca925 wrote:
@Anonymous wrote:
I got a 2000 starting limit about a year ago. It's the regular red card. My fico is low, around 660ish. Haven't checked in a few months. No cli since opening though, stuck at 2000.
I noticed a lot of limits were considerably higher last year but lower in the last few months. I assume their charge-offs have increased again and they are trying to limit exposure.

Mine was just a few weeks ago...seems like there really isn't much sense behind the CLIs they give.

Re: New Target CC

jefftca925 — Wed, 10 Aug 2011 19:32:42 GMT

Is the limit that you receive at the store usually the same once you receive the card?

Re: New Target CC

Anonymous — Wed, 10 Aug 2011 22:52:03 GMT

@jefftca925 wrote:
Is the limit that you receive at the store usually the same once you receive the card?

The receipt that prints out at the store says your temporary limit and the limit you will have once you get the card.

Re: New Target CC

meka1984 — Wed, 10 Aug 2011 23:08:13 GMT

I have been stuck with $200 for the past 4 years. Not sure what to do with this card.

Re: New Target CC

Creditaddict — Thu, 11 Aug 2011 05:23:25 GMT

I have 4 Red Cards

opened:

1999-$300

2008-$1000

2009-$200

Never have understood the bank but I spend about $1000-$1500 a month in the store so the 5% off everything and 10% wine of 6 bottles or may adds up to a significant savings.

Re: New Target CC

Cotton_Britches — Thu, 11 Aug 2011 08:39:11 GMT

@jefftca925 wrote:
I went to Target yesterday to pick up a few things for the house and figured I might as well get one of their RedCards since I shop there so much and an additional 5% can add up over time. I went to the CS desk and the nice lady helped me submit my app. It came back instantly approved for..... (drum roll please) $600!! This is my lowest limit by a long shot and I was a little shocked. Is Target going back to issuing low limit cards again after granting larger lines late last year? I'm ok with it as I won't buy THAT much stuff there but still a bit surprised. My FICOs are in the 770-780 range.

Which credit bureau did Target pull?