topic Re: Shopping cart trick...? in Credit Cards

Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 15:38:30 GMT

I have been debating on trying the shopping cart trick. I was wondering if anyone had any ideas on what the credit score minimums are for this. I am sitting at a 588 right now. I was approved for a CapOne with a $500 CL with a 568. Does anyone think I have a shot for one of these? I was going to try for VS since it is supposed to be a soft pull.

Re: Shopping cart trick...?

iwant700fico — Thu, 27 Jun 2013 16:02:40 GMT

Try express, Jcrew, Ann taylor. If you have decent enough credit you will likely get one of these. I got Jcrew, AnnTaylor $500 limit. My scores are in Mid 600's.

Re: Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 16:04:09 GMT

I haven't broke 600 yet. I only even consider trying bc I did get a CapOne card with $500 CL with my 568 score.

Re: Shopping cart trick...?

Scupra — Thu, 27 Jun 2013 16:05:52 GMT

Well, trying the shopping cart trick wont cost you a HP or any money so why not?

Re: Shopping cart trick...?

iwant700fico — Thu, 27 Jun 2013 16:10:08 GMT

Yes try all those ,you bound to get one, no HP so try.

Re: Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 16:13:18 GMT

I don't think I've ever shopped online at most of these stores. I don't know that I've ever had a pre-approval thing pop up.

Re: Shopping cart trick...?

LawStudentCivilis — Thu, 27 Jun 2013 16:25:46 GMT

I am unfamiliar with the shopping cart trick. Can someone explain it to me?

Re: Shopping cart trick...?

09Lexie — Thu, 27 Jun 2013 17:02:12 GMT

There's a detailed reference on the how to's but in essence it goes like this:

Comenity backed stores (VS, JCrew, etc) will or may offer pre-approvals with a sp. Go to their website, place a few items in your shopping cart, fill in your personal information ( you should have opt in, no cr freezes, etc) if you see a pre-approval pop up, you can delete your items out of the cart and wait for your cc in the mail. You do not need to provide any billing information.

An acct is established without a hp. This was a summary of how it works, it may not work for everyone and you might have to keep trying.

Re: Shopping cart trick...?

Anonymous — Thu, 27 Jun 2013 17:06:08 GMT

@LawStudentCivilis wrote:
I am unfamiliar with the shopping cart trick. Can someone explain it to me?

It a way to get some store cards without getting a hard pull. Add something into the shopping cart and check out. After you fill out your information you should get a popup saying you were pre-approved for their store credit card. It'll ask you for the last four numbers of your SSN and some other minor personal info. When you click okay it should tell you whether you were approved or not. I've read that the sure way to know it's a soft pull and not a hard one is that they only ask for the last four numbers of the SSN.

^09Lexie beat me to it

Re: Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 17:28:14 GMT

Oh my gosh! I'm a little speachless!! I just tried for the heck of it and low and behold it worked! Got approved for a $500 CL!! Will this $500 go in towards my utilization? Including this card I will have 3 with a $500 CL.

Re: Shopping cart trick...?

Anonymous — Thu, 27 Jun 2013 17:46:31 GMT

@Shellie wrote:
Oh my gosh! I'm a little speachless!! I just tried for the heck of it and low and behold it worked! Got approved for a $500 CL!! Will this $500 go in towards my utilization? Including this card I will have 3 with a $500 CL.

Yes, it will count towards UTI. Congrats!

Re: Shopping cart trick...?

EaglesFan2006 — Thu, 27 Jun 2013 17:51:18 GMT

Interesting...do those cards end up reporting to the bureaus, even if you don't use them? Too bad I don't use any of those stores!

Re: Shopping cart trick...?

EaglesFan2006 — Thu, 27 Jun 2013 17:51:58 GMT

@Anonymous wrote:
@Shellie wrote:
Oh my gosh! I'm a little speachless!! I just tried for the heck of it and low and behold it worked! Got approved for a $500 CL!! Will this $500 go in towards my utilization? Including this card I will have 3 with a $500 CL.
Yes, it will count towards UTI. Congrats!

Guess that answered my above question.

Re: Shopping cart trick...?

injustifiiable — Thu, 27 Jun 2013 17:53:42 GMT

@EaglesFan2006 wrote:
Interesting...do those cards end up reporting to the bureaus, even if you don't use them? Too bad I don't use any of those stores!

In my case:

I have 5 Comenity cards. I only 2 of them on a regular basis. The 3 I don't use reported only once since I've got them (since Comenity doesn't generate an invoice when there's a zero balance)

The $0 balances count towards the utilization percentage though.

Re: Shopping cart trick...?

recordaras — Thu, 27 Jun 2013 17:53:44 GMT

@EaglesFan2006 wrote:
Interesting...do those cards end up reporting to the bureaus, even if you don't use them? Too bad I don't use any of those stores!

They do! A Comenity OneStopPlus was my first non-secured card. I've never used it (I'm not plus sized), but it was the only one I could get to show up at the time and I was desperate, lol.

Recently got a CLI from $500 to $900, even though it's been SD'ed since 2011.

Re: Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 17:57:12 GMT

Thanks! I had all my cards down to $0 or less than $20 but I used one this month and now it carries a high balance. I will have it paid off in July tho so I'm not too worried. It does seem like your score is one-step forward two steps backwards tho. So I'm hoping that if that card reports a high balance before I can pay it back down that it wont do too much damage that it won't jump back up after the balance goes back down.

Re: Shopping cart trick...?

Anonymous — Thu, 27 Jun 2013 18:46:28 GMT

@Shellie wrote:
Thanks! I had all my cards down to $0 or less than $20 but I used one this month and now it carries a high balance. I will have it paid off in July tho so I'm not too worried. It does seem like your score is one-step forward two steps backwards tho. So I'm hoping that if that card reports a high balance before I can pay it back down that it wont do too much damage that it won't jump back up after the balance goes back down.

Your score will vary each month depending on your reported UTI for that month. Not a big deal to carry balances if you don't plan to app...other than paying the high interest.

Re: Shopping cart trick...?

Anonymous — Thu, 27 Jun 2013 18:53:43 GMT

Does anyone know which Visa or MC the shopping trick works on from Commedity? so far I only know of one

Re: Shopping cart trick...?

Shellie — Thu, 27 Jun 2013 18:56:25 GMT

I am shooting for fall to start the home buying process. I still have a state tax lien I have to take care of, along with a few other medicals. There are also a few things set to fall off over the next 6 months.

Re: Shopping cart trick...?

Anonymous — Thu, 27 Jun 2013 19:07:07 GMT

@Shellie wrote:
I am shooting for fall to start the home buying process. I still have a state tax lien I have to take care of, along with a few other medicals. There are also a few things set to fall off over the next 6 months.

Most would recommend no inquiries or new accounts 6-12 months before apping for a mortgage, so if I were you I'd manage to get rid of the baddies and take good care of current accounts.