topic Re: Cabela's Visa-World's Foremost Bank in Credit Cards

Cabela's Visa-World's Foremost Bank

Anonymous — Thu, 12 Jan 2012 23:24:25 GMT

I just got approved for this card. I was wondering how they are with intial credit limit's and credit limit increases? My income is about 15k a month but the rep said she could not disclose that information. I have to wait till I receive the card. Thanks for your help

Re: Cabela's Visa-World's Foremost Bank

LS2982 — Thu, 12 Jan 2012 23:26:29 GMT

@Anonymous wrote:
I just got approved for this card. I was wondering how they are with intial credit limit's and credit limit increases? My income is about 15k a month but the rep said she could not disclose that information. I have to wait till I receive the card. Thanks for your help

Congrats!!!

Re: Cabela's Visa-World's Foremost Bank

Anonymous — Thu, 12 Jan 2012 23:29:27 GMT

@Anonymous wrote:
I just got approved for this card. I was wondering how they are with intial credit limit's and credit limit increases? My income is about 15k a month but the rep said she could not disclose that information. I have to wait till I receive the card. Thanks for your help

ouch.... fell out of my chair

Re: Cabela's Visa-World's Foremost Bank

CS800 — Thu, 12 Jan 2012 23:29:56 GMT

@Anonymous wrote:
I just got approved for this card. I was wondering how they are with intial credit limit's and credit limit increases? My income is about 15k a month but the rep said she could not disclose that information. I have to wait till I receive the card. Thanks for your help

Way to go !!

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Thu, 12 Jan 2012 23:36:21 GMT

Congrats on your approval!!!! I applied for this card last month and I got approved for 6K. They pulled EQ. Yes, they also didn't tell me my card limit and I had to wait for the card. I only spent online on Cabelas and I haven't spent anything outside. They sent me a free Multi-Tool with flashlight for being a Cabelas Visa cardmember.

Ron.

Re: Cabela's Visa-World's Foremost Bank

Anonymous — Thu, 12 Jan 2012 23:41:05 GMT

Are Credit Limits determined mostly by income?

Re: Cabela's Visa-World's Foremost Bank

Anonymous — Thu, 12 Jan 2012 23:41:24 GMT

I this card.

I'm an AU on DH's card. Opened at 5K, one year later requested a CLI (always a hard pull on Cabelas, IIRC) and went to 10K.

APR is at 10.18%

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 00:17:12 GMT

@Anonymous wrote:
Are Credit Limits determined mostly by income?

Yes, I think it is. I think $6K is the max for the initial.

Ron.

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 00:17:53 GMT

@Anonymous wrote:
I this card.

I'm an AU on DH's card. Opened at 5K, one year later requested a CLI (always a hard pull on Cabelas, IIRC) and went to 10K.

APR is at 10.18%

Did they hard pull for CLI?

Ron.

Re: Cabela's Visa-World's Foremost Bank

Anonymous — Fri, 13 Jan 2012 00:58:51 GMT

Yes they did, and we were expecting it.

IIRC all CLI's at Cabela's are hard pulls. Of course, with any good luck at all, someone will chime in and claim they didn't get a hard pull.

Cabela's (again IIRC) always pulls Equifax, and they do soft DH on Equifax with some frequency - so I don't know why they insist on a hard pull. ;( Definitely worth it - a hard pull isn't the end of the world, and the increased CL was great.

And my favorite part - this card is crazy easy to manage online. Alliant only allows one payment per 24 hours and if you submit a second payment before the first one is processed, the first one will be cleared and only the second one processed. BofA only allows so many online payments per month - 4 I think. And this is currently our only card that allows us to pay to a credit balance. That means if I charge my phone bill to it, I can pay it off within minutes instead of waiting for it to post.

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 01:14:49 GMT

Thanks for your reply.

Ron.

Re: Cabela's Visa-World's Foremost Bank

Anonymous — Fri, 13 Jan 2012 03:12:33 GMT

Hey Ron do you know what your score was when you were approved?

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 03:19:39 GMT

Yes, they told me it was 799 from EQ.

Ron.

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 03:23:25 GMT

I have seen someone got his account closed before his statement cut. He maxed it out and paid it back a couple of times. He wanted to use it enough to get Visa Signature Card upgrade. They closed his account and ate up all his reward points. You should go easy on the card for the first couple of months.

Ron.

Re: Cabela's Visa-World's Foremost Bank

Creditaddict — Fri, 13 Jan 2012 07:06:13 GMT

@Ron1 wrote:
I have seen someone got his account closed before his statement cut. He maxed it out and paid it back a couple of times. He wanted to use it enough to get Visa Signature Card upgrade. They closed his account and ate up all his reward points. You should go easy on the card for the first couple of months.

Ron.

This card lit up the boards for several months back in 2008 I think it was, easy approvals even with BK and high initial CL... but they got really nervous on how many new apps were being opened and started slashing CL before people even got their cards... Mine was 3k approved and a week later $1500 but I was still very happy about it, it was my prime card until on my 3rd account review (every 3 months they checked) it was closed as soon as my PIF cleared, they said they changed credit standards and my account was reviewed and closed because it was no longer okay for a cardholder to have bk. I didn't feel totally horrible because at the same time they closed my parents $16k card that they had for at least 10 years and never used it outside of the store so it never went over 2k I don't think.

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Fri, 13 Jan 2012 08:19:31 GMT

@Creditaddict wrote:
@Ron1 wrote:
I have seen someone got his account closed before his statement cut. He maxed it out and paid it back a couple of times. He wanted to use it enough to get Visa Signature Card upgrade. They closed his account and ate up all his reward points. You should go easy on the card for the first couple of months.

Ron.
This card lit up the boards for several months back in 2008 I think it was, easy approvals even with BK and high initial CL... but they got really nervous on how many new apps were being opened and started slashing CL before people even got their cards... Mine was 3k approved and a week later $1500 but I was still very happy about it, it was my prime card until on my 3rd account review (every 3 months they checked) it was closed as soon as my PIF cleared, they said they changed credit standards and my account was reviewed and closed because it was no longer okay for a cardholder to have bk. I didn't feel totally horrible because at the same time they closed my parents $16k card that they had for at least 10 years and never used it outside of the store so it never went over 2k I don't think.

I think you talked about it a couple of years ago. I like Cabelas mail order csr and they were very nice and polite. I don't really buy that much and it's really convenience when using Cabelas Visa. I only bought a few things from them mostly clothing and it was really cheap during Christmas.

Ron.

Re: Cabela's Visa-World's Foremost Bank

ADARPegasus — Wed, 11 Jul 2012 01:25:52 GMT

So what was credit limit when u recieved the card?

Re: Cabela's Visa-World's Foremost Bank

Ron1 — Wed, 11 Jul 2012 01:36:59 GMT

@Jonbuck06 wrote:
So what was credit limit when u recieved the card?

$6K when I got it.

Ron.