topic Re: GECRB in Credit Cards

GECRB

rbizzle — Fri, 13 Jan 2012 00:07:41 GMT

I must say over the past few months GECRB has been really good to me! I've applied for and received:

American Eagle Store Card $200

Lowes Store Card $500

Sam's Club Store Card $600

Walmart Store Card $700

Amazon Store Card $900

I'm really impressed with how they have extended credit to me!! With all i have learned on here hopefully these card will grow nicely and will have some nice CLI's in the future!

Re: GECRB

laboi_22 — Fri, 13 Jan 2012 00:30:58 GMT

I really enjoy having GECRB in my wallet however I do hear a good amount of complaints from consumers all over the internet. Their APR's are very very high on their store cards. I'm ok with that because I PIF every month.

I really love the CLIs they give. You can request one online after the 4th statement and you will get a good increase with only a soft pull. You can then use the cards for 4 more months and request again after they 8th statement etc. My Gap card started at $200 I've been upgraded to Gap Visa and now I have a CL of $2000 in less than 8 months.

Re: GECRB

irod1277 — Fri, 13 Jan 2012 01:13:45 GMT

My JCPenny has been @ 600 since I opened it. :-(

Re: GECRB

pizzadude — Fri, 13 Jan 2012 04:04:23 GMT

@laboi_22 wrote:
I really enjoy having GECRB in my wallet however I do hear a good amount of complaints from consumers all over the internet. Their APR's are very very high on their store cards. I'm ok with that because I PIF every month.

I really love the CLIs they give. You can request one online after the 4th statement and you will get a good increase with only a soft pull. You can then use the cards for 4 more months and request again after they 8th statement etc. My Gap card started at $200 I've been upgraded to Gap Visa and now I have a CL of $2000 in less than 8 months.

For rebuilding purposes, GECRB is great, due to the frequent soft pull CLIs......interest rates on CCs are bad, not just with GE but everywhere.....unless you are tied in with a prime CC or a good CU.

Re: GECRB

jason86423 — Fri, 13 Jan 2012 04:10:49 GMT

GE has always been awesome with me (rates suck but I either PIF or use promos)

Sams Club Credit- opened in 2007 @ 500 limit- now $10,000

Amazon Opened in 2009 @ 1800 now at $3800

JCP opened in 2008 @ 500 now at $4500

Walmart - Opened in 2007 @ 500 upgraded to WM discover @ 2500 in 2011

Lowes - Opened in 2011@ 800 now at $5850

All increases with soft pulls

Re: GECRB

JustMe77 — Fri, 13 Jan 2012 04:12:43 GMT

@rbizzle wrote:
I must say over the past few months GECRB has been really good to me! I've applied for and received:

American Eagle Store Card $200
Lowes Store Card $500
Sam's Club Store Card $600
Walmart Store Card $700
Amazon Store Card $900

I'm really impressed with how they have extended credit to me!! With all i have learned on here hopefully these card will grow nicely and will have some nice CLI's in the future!

When I was rebuilding credit, my Banana Republic card (GE) was my first card other than my Orchard card. They gave me a $300 limit, and on my 4th statement increased it automatically to $1000. A few months after that, they pre-approved me for the Visa version (new account) and gave me a $3000 CL. Although they closed the store-only BR card, the BR Visa was opened with no hard pull. As soon as I get my 4th statement on the BR Visa, I'm going to ask for a CLI if they don't give me one automatically. Only complaint is the interest rate, but I do always PIF. Overall, I think their cards grow well over time.