So I was shocked when I got 2 letters recently regarding my Target store card which is approximately 2 years old and had a 2k CL. The first letter said my CL had been raised to 9k and the second letter stated I would be getting the Target MC. I did put a lot of spend 2k + on the card in November / December due to buying electronic items I was reselling. Very surprised indeed as I rarely got CL increases on this card before.
Congratulations on your CLI and upgrade!
@morgacj2004 wrote:
December due to buying electronic items I was reselling.
Congratulations!
I am an old man. Can you explain how you are reselling electronic items you purchased from Target? Is that profitable?
@mikesonthemend wrote:
@morgacj2004 wrote:
December due to buying electronic items I was reselling.Congratulations!
I am an old man. Can you explain how you are reselling electronic items you purchased from Target? Is that profitable?
I am just saying, Target lost money this quarter selling electronics. Please share your secret sauce.
@mikesonthemend it's called retail arbitrage. A good example of it would be buying games at GameStop when they're buy 2, get 2 free. You then turn around and sell them when the sales are over. My friend just bought out a GameStop that was going out of business and had everything at 70% off and he'll be selling all the games in his store for normal prices.
@Brian_Earl_Spilner wrote:@mikesonthemend it's called retail arbitrage. A good example of it would be buying games at GameStop when they're buy 2, get 2 free. You then turn around and sell them when the sales are over. My friend just bought out a GameStop that was going out of business and had everything at 70% off and he'll be selling all the games in his store for normal prices.
Capitalism Rules!
That’s when it helps to gave a big CL. I nearly maxed out my Target card each month
congratulations on your target cli, well deserved.
