topic Re: Walmart Discover increased w/o asking? in Credit Cards

Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 15:27:17 GMT

I have only had my Walmart Discover for 4 months. I have charged and then completely PIF. I went to go pay my bill today (8/9, which is not due until 8/27) and I just happen to notice something different. They gave me an increase of $1000. Is this normal after only having it such a short period of time and without telling you or you asking for it? I noticed there was a little button beside the "Available Credit" that says "Request Increase" and I was going to put it to full use after this month (since my very last bad thing on my credit will fall off then), but it looks like they have already done that for me.

I was just wondering if this was normal?

When should be the next time "I" decide to ask for an increase? I started at $800 and now it's up to $1800. I am super excited.

I also thought that you can only get your TU update on the 10th of the month and when I "checked my score" it gave me a new score today... which after getting that increase, it actually dropped my points down by 6.

Either way, I'm very happy about this.

Re: Walmart Discover increased w/o asking?

myjourney — Fri, 09 Aug 2013 15:28:30 GMT

Congrats wait 3-4 months and ask again

Re: Walmart Discover increased w/o asking?

injustifiiable — Fri, 09 Aug 2013 15:30:31 GMT

Hit them up for increases every 4 months like clockwork. They did give you one at the 4 month mark automatically but you can always see if you can get more!

It looks like updates can happen anytime before the 10th but no later than that.

Re: Walmart Discover increased w/o asking?

CREDITSURFER — Fri, 09 Aug 2013 15:32:10 GMT

congrats! are the luv button's for walmart discover card SP's?

Re: Walmart Discover increased w/o asking?

myjourney — Fri, 09 Aug 2013 15:35:47 GMT

@CREDITSURFER wrote:
congrats! are the luv button's for walmart discover card SP's?

Yes

Re: Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 15:37:51 GMT

@CREDITSURFER wrote:
congrats! are the luv button's for walmart discover card SP's?

What does this mean? (Sorry, not up to date on the terminology)

Re: Walmart Discover increased w/o asking?

CREDITSURFER — Fri, 09 Aug 2013 15:39:53 GMT

the luv button is know as the request credit limit increase button, SP is soft pull inquiry (only viewed by you)

Re: Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 15:43:28 GMT

@CREDITSURFER wrote:
the luv button is know as the request credit limit increase button, SP is soft pull inquiry (only viewed by you)

Thanks for the info.

On another note, I went on Credit Sesame and there was a notice that there was a credit increase on my credit on Aug 6th. WOO HOO.

Re: Walmart Discover increased w/o asking?

injustifiiable — Fri, 09 Aug 2013 15:49:24 GMT

@audia4 wrote:
@CREDITSURFER wrote:
the luv button is know as the request credit limit increase button, SP is soft pull inquiry (only viewed by you)
Thanks for the info.

On another note, I went on Credit Sesame and there was a notice that there was a credit increase on my credit on Aug 6th. WOO HOO.

Yes...GECRB reports pretty quickly. Some would say...too quick. lol (when I was approved it was on my report the next day...lol)

Re: Walmart Discover increased w/o asking?

iDShaDoW — Fri, 09 Aug 2013 15:52:26 GMT

They bumped my credit limit by $1400 after 4-5 months without me asking either.

Re: Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 15:53:25 GMT

So just wondering, I was going to wait until the end of this month and the last negative thing falls off of my credit and apply for another cc. Since Walmart gave me this increase, should I not go applying for another cc from somewhere else? Or will it be ok to still apply somewhere? Will another company be able to see that Walmart just gave me an increase? Or will they just see the normal credit report stating that my limit is just the $1800 with Walmart?

Thanks for everyone's advice.

Re: Walmart Discover increased w/o asking?

injustifiiable — Fri, 09 Aug 2013 15:57:18 GMT

@audia4 wrote:
So just wondering, I was going to wait until the end of this month and the last negative thing falls off of my credit and apply for another cc. Since Walmart gave me this increase, should I not go applying for another cc from somewhere else? Or will it be ok to still apply somewhere? Will another company be able to see that Walmart just gave me an increase? Or will they just see the normal credit report stating that my limit is just the $1800 with Walmart?

Thanks for everyone's advice.

Which cards were you thinking of applying for?

Re: Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 16:01:40 GMT

@injustifiiable wrote:
Which cards were you thinking of applying for?

I haven't got that far yet. After I confirm that the last thing falls off, that was going to be my next question on here...what is the next easiest thing to apply for and get. I have no clue what's next.

Re: Walmart Discover increased w/o asking?

CREDITSURFER — Fri, 09 Aug 2013 16:05:41 GMT

You should check discover for pre-qualified offers from their website. Seems like the new IT card is being given out to lots of credit newcomers.

If you do apply for discover let me know i can get a a $50 statement credit with my referal link.

Re: Walmart Discover increased w/o asking?

knoregs — Fri, 09 Aug 2013 16:11:48 GMT

Congrats!

~kn

Re: Walmart Discover increased w/o asking?

audia4 — Fri, 09 Aug 2013 16:15:41 GMT

@CREDITSURFER wrote:
You should check discover for pre-qualified offers from their website. Seems like the new IT card is being given out to lots of credit newcomers.

If you do apply for discover let me know i can get a a $50 statement credit with my referal link.

But what I have is already a Discover. Does that matter?

Re: Walmart Discover increased w/o asking?

CREDITSURFER — Fri, 09 Aug 2013 16:26:18 GMT

You have a walmart discover has nothing to do with Discover its self.

Re: Walmart Discover increased w/o asking?

Shogun — Fri, 09 Aug 2013 17:16:29 GMT

They are backed by GE... Gotta love some GE!!!!! Congrats!

Re: Walmart Discover increased w/o asking?

injustifiiable — Fri, 09 Aug 2013 17:18:58 GMT

With a EQ 717 you can definitely get a real Discover!

Try the pre-approval tool...good luck!

Re: Walmart Discover increased w/o asking?

CREDITSURFER — Fri, 09 Aug 2013 17:23:07 GMT

@injustifiiable wrote:
With a EQ 717 you can definitely get a real Discover!

Try the pre-approval tool...good luck!

https://www.discovercard.com/cardmembersvcs/acqs/app/chooseMyOffer/findMyOffer?beyond=it&beyond=true&ICMPGN=STL_CC_HOME_FMO&mboxSession=1376068924922-305669