topic Re: What's your problem GE?!?!?! in Credit Cards

What's your problem GE?!?!?!

Longroad — Mon, 28 Apr 2014 20:22:43 GMT

All I ever seem to read about on this forum is how GREAT GE is with giving out exponetial CLIs. Well apparently they haven't gotten the memo on my accounts. I received all of my accounts back in Nov '13. Chase SWA $5000 starting CL just increased to $7500 today, Cap 1 $300 starting increased to $1800 April 5th, and now for the GE Cards. Wally starting $600 increased to $800, Sam's Club starting $937 CLI denied. I even added a Marriott Rewards card in Feb '14. No clue what all the uproar about GE is, but if there were any fee involved with either of those cards they would be canceled. As for now, it's off to the SD for the GE cards.

Re: What's your problem GE?!?!?!

PlasticOrPlastic — Mon, 28 Apr 2014 20:39:11 GMT

@Longroad wrote:
All I ever seem to read about on this forum is how GREAT GE is with giving out exponetial CLIs. Well apparently they haven't gotten the memo on my accounts. I received all of my accounts back in Nov '13. Chase SWA $5000 starting CL just increased to $7500 today, Cap 1 $300 starting increased to $1800 April 5th, and now for the GE Cards. Wally starting $600 increased to $800, Sam's Club starting $937 CLI denied. I even added a Marriott Rewards card in Feb '14. No clue what all the uproar about GE is, but if there were any fee involved with either of those cards they would be canceled. As for now, it's off to the SD for the GE cards.

Don't feel bad I cant even get a GE card, not sure what their problem is lol.

Re: What's your problem GE?!?!?!

B335is — Mon, 28 Apr 2014 20:50:16 GMT

@Longroad wrote:
All I ever seem to read about on this forum is how GREAT GE is with giving out exponetial CLIs. Well apparently they haven't gotten the memo on my accounts. I received all of my accounts back in Nov '13. Chase SWA $5000 starting CL just increased to $7500 today, Cap 1 $300 starting increased to $1800 April 5th, and now for the GE Cards. Wally starting $600 increased to $800, Sam's Club starting $937 CLI denied. I even added a Marriott Rewards card in Feb '14. No clue what all the uproar about GE is, but if there were any fee involved with either of those cards they would be canceled. As for now, it's off to the SD for the GE cards.

It does seem like you're overdue for some CLI between the 2 cards. A lot of the uproar over GECRB dates back to before they were preparing to spin off their portfolio. As soon as that news hit, it seems they've tightened up the purse strings a bit.

Re: What's your problem GE?!?!?!

Anonymous — Mon, 28 Apr 2014 20:50:35 GMT

Are you using your Wal-Mart card much? GE seems to like heavy usage

Re: What's your problem GE?!?!?!

Involver — Mon, 28 Apr 2014 20:53:55 GMT

GECRB is no fan of mine, either. I did manage to squeeze a single $600 CLI out of my Amazon store card which I used to use heavily, but that was it.

Re: What's your problem GE?!?!?!

DrZoidberg — Mon, 28 Apr 2014 20:55:03 GMT

GE likes heavy card users who max out the cards every month. Especially if you don't PIF every month and carry a maxed balance. I feel like their system of CLIs is to encourage their borrowers to spend more each month by increasing their CL. I have the Amazon store card and did heavy usage in college and got 3-4 CLIs, I haven't touched it in 10 months and did a CLI request and got denied.

Re: What's your problem GE?!?!?!

j_casteel — Mon, 28 Apr 2014 21:21:42 GMT

I've never maxed my GE cards out nor carried balances for a long time. When I did have balances I paid large payments on them. I had a zero balance on my Wally card and more than doubled the CL when I called credit solution, the same for Amazon. My Lowe's card was the only one with a balance on it. I had just bought a new washer/dryer set so had ~$2k on it. They also more than doubled my CL on that one as well.

It seems like for every 100 people that have monumental success with GE there are 5-10 people with limited to no success with them.

I think most get disappointed and have little patience due to the fact from all the success threads posted. Just be more patient use your cards pay them down and call GE credit solutions. If that doesn't work then rinse/repeat.

A lot of people seem to be impatient and expect huge CLI's almost immediately from GE, but if you out in your time then by 12mths or so they usually grow very quickly.

Re: What's your problem GE?!?!?!

awiser — Mon, 28 Apr 2014 21:25:33 GMT

@DrZoiberg wrote:
GE likes heavy card users who max out the cards every month. Especially if you don't PIF every month and carry a maxed balance. I feel like their system of CLIs is to encourage their borrowers to spend more each month by increasing their CL. I have the Amazon store card and did heavy usage in college and got 3-4 CLIs, I haven't touched it in 10 months and did a CLI request and got denied.

GECRB will only give CLIs every fourth statement. If there isn't activity then a statement doesn't cut with them, therefore, no CLI. Also, like everything else, it's a YMMV.

Re: What's your problem GE?!?!?!

Longroad — Mon, 28 Apr 2014 21:31:54 GMT

I use them both almost to the limit each month, let the balance report, then pay after the statement cuts. I did PIF this month becuase I am planning on apping for Discover and Sallie Mae after all the accounts report to CR. No big deal, I sure won't lose any sleep over it, but it is definitley off to the SD.

Re: What's your problem GE?!?!?!

Creditaddict — Mon, 28 Apr 2014 21:34:17 GMT

have you called credit solutions and tried for a huge CLI?

Re: What's your problem GE?!?!?!

Longroad — Mon, 28 Apr 2014 21:44:45 GMT

@Creditaddict wrote:
have you called credit solutions and tried for a huge CLI?

I did on Sam's about 2 weeks ago......got NOTTA, no counter, no nothing. Like I said, if there were an AF involved would have already cancelled. I am more interested in working with and giving business to the issuers who apparently value my business.

Re: What's your problem GE?!?!?!

maiden_girl — Mon, 28 Apr 2014 21:47:39 GMT

GE only issues CLIs after the 4th statement. And when I say 4th statement...I mean you have to have activity and statements being generated.

Re: What's your problem GE?!?!?!

Creditaddict — Mon, 28 Apr 2014 21:49:12 GMT

@Longroad wrote:
@Creditaddict wrote:
have you called credit solutions and tried for a huge CLI?
I did on Sam's about 2 weeks ago......got NOTTA, no counter, no nothing. Like I said, if there were an AF involved would have already cancelled. I am more interested in working with and giving business to the issuers who apparently value my business.

I have not had much luck either but I have settled GE accounts in the past so it makes a little more sense then looking at your portfolio!

try another rep!

Re: What's your problem GE?!?!?!

Longroad — Mon, 28 Apr 2014 21:49:49 GMT

@maiden_girl wrote:
GE only issues CLIs after the 4th statement. And when I say 4th statement...I mean you have to have activity and statements being generated.

Had 5 statements on both. Won't have the 6th this month due to PIF for impending apps.

Re: What's your problem GE?!?!?!

yudeology101 — Mon, 28 Apr 2014 21:52:01 GMT

AFAIK, you can request for CLI every 4 months and despite heavy usage or not for all GECRB cards. It seems like you've received a CLI on your Wally card...when was it? It'll be 4 months after your last CLI so, you may want to double check the last date of your Wally's CLI. For Sam's Club, I would call credit solutions. My TJX has been following its 4 month CLI rule exactly as stated in other threads. My usage has been up & down- there has been a number of months w/ under $50 balance & PIF and some months no usage at all. My CLI pattern is as follows: End of June 2013: $200 approved/ Nov 13' CLI to $750/ Mar 14' to $1550

Re: What's your problem GE?!?!?!

starry1 — Mon, 28 Apr 2014 21:52:10 GMT

Ge wouldn't even give me a shot for a long time, now mine are growing pretty nicely.

Re: What's your problem GE?!?!?!

maiden_girl — Mon, 28 Apr 2014 21:53:22 GMT

@Longroad wrote:
@maiden_girl wrote:
GE only issues CLIs after the 4th statement. And when I say 4th statement...I mean you have to have activity and statements being generated.
Had 5 statements on both. Won't have the 6th this month due to PIF for impending apps.

How old is your GE account? It sounds relatively new. GE has started CLDing high limit accounts and cutting back on issuing out excessive limits so soon and abuse of credit solutions. I'd wait it out and let the account age.

Re: What's your problem GE?!?!?!

mrlh1980 — Mon, 28 Apr 2014 21:56:22 GMT

There is nothing wrong with GE. I went from December 2013 1,000.00$ to March 2014 5,000.00$ on Amazon with using only 500.00$ if that. Lowe's January 2014 500.00$ to March 2014 10,000.00$ only using it once for 22.00$ and (which I forgot I had) PayPay smart connect March 2010 1,500.00$ to March 2014 5,000.00$ last usage was April 2013. Keep in mind you need a good Transunion score and low utilization when asking for limits. I will also say I was approve for Sam's store card on April 4, 2014 for only 1,237.00$ (ha ha I know odd number) and I asked for an increase to 15,000.00$ on April 21, 2014. I was denied only reason was "Need to establish a 1 month payment history at your current credit line" At the time I asked my Transunion score was 763 and 2% utilization. So, I know it has much to do with it not reporting the first payment yet. After next month of reporting I will get the 10,000.00$ to 15,000.00$ limit I want. GE is actually very easy to deal with.

Re: What's your problem GE?!?!?!

maiden_girl — Mon, 28 Apr 2014 21:59:11 GMT

Yea GE is one of those banks. I've had my Wally Discover card with them for 2 years and my CLs literally went like this...started with 1,000>>1,500>>2,000>>3,000. It stopped at 3k and I have much higher limit cards. I don't even use my Wally card anymore so meh...I just keep it around for the free FICO.

Re: What's your problem GE?!?!?!

B335is — Mon, 28 Apr 2014 22:14:20 GMT

I know 4 statements is the rule of thumb for many people but I've been granted a higher limit on activation for two accounts. One was very recent, by calling Credit Solutions so yes it is definitely YMMV.

OP if Credit Solutions denied your request 2 weeks ago I would ask again in a couple of weeks.