topic Re: Macys credit Limt in Credit Cards

Macys credit Limt

NiNoMArksLA — Mon, 22 Jul 2013 05:40:39 GMT

Hey just wanted to know about my credit limts
My macys store card Limt been at $300 for 1 year never any cli never tryed cause its a HP
and my wal-mart never got a cli $400
I pay everymonth on time I pay over the min
I made off 2 cards but didn't show on report yet gotta wait Couple weeks I been buying down all my cards I haven't use them in a while 1-2 months I try to call the back number for wal-mart they said will send me a letter...

Mid August ill have all my cards paid off and my UTl% is at 70 right now but 2 cards paid off and couple other cards balance lower but didn't report by September ill have under 5% UTL and my score will go up

And wanted to add money on my Bofa Card but its a HP they said!! Was gonna make it $1,500 Limt .. It's at $300 now will that help
Getting Little Bitter Limts

Sorry for the long typing On iPhone

Re: Macys credit Limt

09Lexie — Mon, 22 Jul 2013 05:42:18 GMT

Once you get your util down, CLI's should be an easier approval.

Re: Macys credit Limt

Networth — Mon, 22 Jul 2013 07:13:54 GMT

When I opened my Macy's card they gave me $700. I bought like $500 worth of stuff the day I got the card and paid it off over about 5 months. They have slowly given me small auto CLI's to a current limit of $1,500. I think the key is to just keep your util low and use the card and let is post every once in awhile.

Re: Macys credit Limt

randeman — Mon, 22 Jul 2013 12:32:32 GMT

I agree that your utilization will play a big role here, but my recent experience with a CLI request only amounted to a soft pull. I was asked how much of an increase I wanted. The CSR came back with a significantly lower figure. She said I might qualify for what I asked for originally but that it would result in a hard pull. I went all chicken **** and took their offer. I decided then and there that I didn't really want the hard pull, which may have been the right choice since I turned right around a couple of days later and was approved for two Chase cards with $5000 limits. Might not have gotten it with a hard pull. I didn't really need a CLI to the figure I asked for as I have never gotten anywhere near my limit, but I was just trying to see what I could get. I use the hell out of my Macy's card and often carry over a balance. The CSR told me that they will entertain CLI requests every three months. I told her I would be back at Christmas. Again, the limit I have is more than enough for me, I just want to see what I could get.

My advice, get down to 30% utilization (the maximum some people agree that you should be at) and give them a call. Tell them you're looking to see what you can get with a soft pull and then take it from there.

Re: Macys credit Limt

Petraeus — Mon, 22 Jul 2013 13:01:43 GMT

+1 and dont be shy to ask for a little more CLI than you want. They will always counteroffer on a SP.

Re: Macys credit Limt

Creditaddict — Mon, 22 Jul 2013 14:26:41 GMT

@Petraeus wrote:
+1 and dont be shy to ask for a little more CLI than you want. They will always counteroffer on a SP.

I have never seen Macy's be a HP for CLI on Store and Amex... They counter with SP instantly... The system pulls them at least every 3 months so it's just in the system waiting for you to request.

Re: Macys credit Limt

Creditaddict — Mon, 22 Jul 2013 14:27:23 GMT

@Creditaddict wrote:
@Petraeus wrote:
+1 and dont be shy to ask for a little more CLI than you want. They will always counteroffer on a SP.
I have never seen Macy's be a HP for CLI on Store and Amex... They counter with SP instantly... The system pulls them at least every 3 months so it's just in the system waiting for you to request.

edit: to add they are telling you these days it will be a HP... I guess rare chance it could be but I have yet to see although im sure you wait long enough someone on here will be the one that they did.

Re: Macys credit Limt

kroberts67 — Mon, 22 Jul 2013 16:24:16 GMT

I started with Macy's at $100 until i called to ask what was that about... they said all I had to do was call and my actual CL was put at $800. I thought this is me.... no one has ever given me that! And from my worst CR at the time. I used the heck out of it, especially at Xmas. Paid on time, more than min pmt and treated it well. Any time I asked for a CLI they told me it would be a HP so I didn't do it. After the 6th statement (this past May) I got an auto CLI to $2500-- EX still was my worst CR so, ya got me! Just my sweet experience with them.

Re: Macys credit Limt

b0ricua — Mon, 22 Jul 2013 17:29:34 GMT

I called last week after having the card for 6 months at $700 and asked if it would be a SP..she said the system will warn her if its a HP and ask to continue..i said ok and she asked how much i wanted, i asked for $1500 and she said ok, well the system didnt ask for a HP and youve been approved for $1500..wish i wouldve asked for more $800 more and done through SP...had to call more than once because other people told me its not possible to do a CLI with a SP but finally talked to someone who assured me it can be done with a SP unless the system warns it will be a HP

Re: Macys credit Limt

wreith — Mon, 22 Jul 2013 18:54:10 GMT

I am doing a secure chat with macys. I was informed it would be a HP, I went ahead anyways. I asked for a incease up to $300 from y current $1800, I was informed I was not eligible for that but could be raised to $2400 and increase of $600. I said go ahead. Will keep any eye out for any alerts and let you know if any pop up.

Re: Macys credit Limt

Creditaddict — Mon, 22 Jul 2013 20:02:11 GMT

@wreith wrote:
I am doing a secure chat with macys. I was informed it would be a HP, I went ahead anyways. I asked for a incease up to $300 from y current $1800, I was informed I was not eligible for that but could be raised to $2400 and increase of $600. I said go ahead. Will keep any eye out for any alerts and let you know if any pop up.

That's what I'm always told too... last time via chat also... it's instant and it's in the computer already based on the sp they always do... NO HP DONE!

Congrats btw.

Re: Macys credit Limt

wreith — Mon, 22 Jul 2013 23:28:10 GMT

@Creditaddict wrote:
@wreith wrote:
I am doing a secure chat with macys. I was informed it would be a HP, I went ahead anyways. I asked for a incease up to $300 from y current $1800, I was informed I was not eligible for that but could be raised to $2400 and increase of $600. I said go ahead. Will keep any eye out for any alerts and let you know if any pop up.
That's what I'm always told too... last time via chat also... it's instant and it's in the computer already based on the sp they always do... NO HP DONE!
Congrats btw.

Thanks. I had thought about being really brave and asking for 5K but thought better of that lol.

Re: Macys credit Limt

Creditaddict — Mon, 22 Jul 2013 23:36:25 GMT

@wreith wrote:
@Creditaddict wrote:
@wreith wrote:
I am doing a secure chat with macys. I was informed it would be a HP, I went ahead anyways. I asked for a incease up to $300 from y current $1800, I was informed I was not eligible for that but could be raised to $2400 and increase of $600. I said go ahead. Will keep any eye out for any alerts and let you know if any pop up.
That's what I'm always told too... last time via chat also... it's instant and it's in the computer already based on the sp they always do... NO HP DONE!
Congrats btw.
Thanks. I had thought about being really brave and asking for 5K but thought better of that lol.

it doesn't matter at all... it counters the same regardless and it doesn't change rather it's a sp or hard pull....

last request from my partner on his macy's amex was $1100 and asked for $5k, it countered $2k.

Re: Macys credit Limt

BearsAndTurtlesRtheBest — Tue, 23 Jul 2013 00:50:59 GMT

For now DONT REQUEST your UTL is high, my sister requested a CLI via HP and it was denied it has also been a year since opened and also has a $300 CL Her UTL was at 30% which is still considerd high. Card has been SD for now.

Re: Macys credit Limt

Creditaddict — Tue, 23 Jul 2013 01:03:16 GMT

They actually pulled HP... You pulled credit after to check?
Macy's was at 30% or all credit?
What is score and other credit?
Macy's does cli as often as every 3 months... Something seems off.

Re: Macys credit Limt

BearsAndTurtlesRtheBest — Tue, 23 Jul 2013 01:08:31 GMT

Experian was at 30% ULT, Experian FICO was 703, and yes thats what seemed strange because with a $300CL you can use up $150 and pay it off which was what my sister was doing. Yet she never received an auto cli.

Re: Macys credit Limt

Creditaddict — Tue, 23 Jul 2013 01:29:33 GMT

I have never gotten auto cli from Macy's either.
So now I'm confused by your post about HP and such.

Re: Macys credit Limt

Rhaeny — Tue, 23 Jul 2013 01:33:36 GMT

@Creditaddict wrote:
I have never gotten auto cli from Macy's either.
So now I'm confused by your post about HP and such.

I'm confused too....

I opened my account in October with a $900 CL and I requested a CLI in December and July, both approved for increases of $400 each bringing my total CL to $1700. It was all done thru SP.

Re: Macys credit Limt

BearsAndTurtlesRtheBest — Tue, 23 Jul 2013 01:39:12 GMT

She requested a cli via chat and the rep said that only the system will tell if it will be a HP or SP, We felt confident about the cli since it has been 1 year since acct open with good usage, and good credit. After 2 mins or so she came back and told us sorry but we cant grant you a cli at this time blah blah blah. Shes gone close to her limit and yet they dont increase the CL, so for now it will get SD.

Re: Macys credit Limt

Creditaddict — Tue, 23 Jul 2013 02:11:17 GMT

What other credit does she have? Any negatives? Know score?