topic Re: Sears (Citibank) in Credit Cards

Sears (Citibank)

Anonymous — Thu, 13 Sep 2007 05:05:05 GMT

I had a Citibank Visa listed in my BK back in 04/05. Sears uses Citibank for their store card. Anyone know if they would be BK friendly? My scores are from 669 - 690.

Re: Sears (Citibank)

Anonymous — Thu, 13 Sep 2007 05:40:16 GMT

apply. They will not care. CITI only facilitates transactional side of this card. The money is SEARS's and not the CITI's

I mean the money put up as reserves for your credit line will come from Sears funds, so they are interested in you making a purchase more, then your relations with Citibank.

Message Edited by montana on 09-12-2007 10:40 PM

Re: Sears (Citibank)

jsmith12345 — Thu, 13 Sep 2007 14:56:06 GMT

Is it just me or is Sears very stingy with their credit lines? This is the lowest CL I have on any credit card. I've actually never even used it.... I'm thinking about cancelling...

Re: Sears (Citibank)

Anonymous — Thu, 13 Sep 2007 17:02:44 GMT

jsmith12345 wrote:
Is it just me or is Sears very stingy with their credit lines? This is the lowest CL I have on any credit card. I've actually never even used it.... I'm thinking about cancelling...

I had Sears for a couple of years and I found that they were notorious for randomly raising and lowering my credit limit ($25 - $75 in either direction) every couple of months or so without any explanation whatsoever. I finally got fed up with it and cancelled a few months ago.

Re: Sears (Citibank)

Anonymous — Thu, 13 Sep 2007 17:02:51 GMT

flyers wrote:
I had a Citibank Visa listed in my BK back in 04/05. Sears uses Citibank for their store card. Anyone know if they would be BK friendly? My scores are from 669 - 690.

I had a BK in '98 and I have been turned down 2 times for the Sears card due to BK. But OP seem to have better success in applying with some companies than I do. Good luck in whatever you decide.

Re: Sears (Citibank)

Anonymous — Sat, 15 Sep 2007 07:45:09 GMT

i used to work for sears, and, although it's a bad policy IMHO, when a lowly cashier (formerly me) signs you up for a card the can see your credit limit. the HIGHEST i ever saw was around 2k, but i saw many $150-$500 limits. (of course, this is my limited sampling of working in one sears and only handling in-store, time-of-purchase apps) the occasions where i saw the highest limits were if you applied during a large purchase, they'd put it right at that large purchase amount, so you're starting maxed out.