topic Re: WALMART CLI.......???? in Credit Cards

WALMART CLI.......????

Kris1228 — Wed, 25 Jun 2008 02:08:32 GMT

I got my Walmart card in March 08 with 300.00. I know you can get an increase every 4 months but does a balance have to report each month to be eligible. I know a balance didnt report 5/2008 and im thinking not this month either. I use the card at least once a month but think im paying it off before it reports (not intentional, lol). Will i still be eligible for an increase next month?

Thanks in advance!!!!

Re: WALMART CLI.......????

smallfry — Wed, 25 Jun 2008 02:32:42 GMT

You don't have to use the card in order to ask for CLI.

Re: WALMART CLI.......????

haulingthescoreup — Wed, 25 Jun 2008 02:33:45 GMT

CCC's don't care (probably don't even notice) if a balance reports. That's strictly a scoring phenomenon.

They might care about whether you carry a balance, and they get some money off of you. My personal feeling is that if they require me to give them interest to make them a good card, they're headed for the shredder. But I realize that it's different when you're starting or restarting.

Any experience out there to say whether carrying a balance on WalMart helps with CLI's?

Re: WALMART CLI.......????

Kris1228 — Wed, 25 Jun 2008 03:14:22 GMT

Ok. I guess i meant no balance reported on my statement closing date! lol... I am using it once a month every month but usually pay within 7 days. Thanks!!! will update my experience with my very 1st cli next month. Hope its a few hundred and not 75.00 bucks like i have read they sometimes give...

Re: WALMART CLI.......????

Anonymous — Wed, 25 Jun 2008 03:16:38 GMT

Kris1228 wrote:

Ok. I guess i meant no balance reported on my statement closing date! lol... I am using it once a month every month but usually pay within 7 days. Thanks!!! will update my experience with my very 1st cli next month. Hope its a few hundred and not 75.00 bucks like i have read they sometimes give...

I'm sure that's what haulingthescoreup meant, as well. The two of you are on the same page here, and her advice still applies.

Re: WALMART CLI.......????

smallfry — Wed, 25 Jun 2008 03:42:12 GMT

@haulingthescoreup wrote:
CCC's don't care (probably don't even notice) if a balance reports. That's strictly a scoring phenomenon.

They might care about whether you carry a balance, and they get some money off of you. My personal feeling is that if they require me to give them interest to make them a good card, they're headed for the shredder. But I realize that it's different when you're starting or restarting.

Any experience out there to say whether carrying a balance on WalMart helps with CLI's?

IF I'm going to micro manage my Walmart card for that $125 CLI every 4 months I think its time for the white jacket.

Re: WALMART CLI.......????

Anonymous — Wed, 25 Jun 2008 13:19:16 GMT

My experience with the WalMart card is that they will give you a minimal (~$100) CLI after your fourth statement cuts.

That being said, they do not generate statements unless a balance is on your account when the statement period ends.

I didn't like those rules, so I canned them.