Congrats on your CLI!
Is this your first CLI since opening the account? And did you carry a balance every month? Someone stated to let a small balance report & within 3 months I could possibly receive my first CLI. Who knows haha
Yes this was finally my first CLI! I did carry a balance every month. The first 6 months I carried a 10%-30% balance but didn’t seem to help. Since sept I've had a 40%-60% balance and then as of this statement it was 80%, but I got the CLI so that brought it down to under 50%. I think target honestly just likes a lot of usage.
Some months I paid in full, lately i've just been paying double the minimum. I'm at target a lot so I wanted to do whatever possible for an increase.
Side note, in November I had a Nordstrom card with a $300 limit. Also issued by TD bank. Was told to wait 7 months for cli but went through the EO and got it to $500. Now this month Target also went from $300 to $500. Since its both TD bank, I'm wondering if that had any correlation at all..
There is no set pattern, or really rhyme or reason for Target CLIs. Mine began at $1200 in 2002, got reduced to $800 when it changed to a Visa and a new lender around 2004 or 2005, then sat there until June 2016. Some combination of using it every month, allowing the statement to post with a non-zero balance (that doesn't mean carrying a balance), paying in full every month, and updating my income monthly even though it hasn't changed has worked for me and many others. I've had CLIs of $500, 3 x $1000, and 2 x $2000 every June and December statement close and it now sits at $8300.
Congrats on your first Target CLI!
Congrats on your CLI !!!!!
My Target and Nordstrom are both at $1700, so it could be that TD maybe likes to keep those limits matching? OCD credit card issuer? I guess I've got the right cards then, lol. (I want an increase to $2K because the cl on them now really irk my poor brain.)
How long have you had nordys? You can request cli every 4 months I believe as long as the account is 7 months old. I was able to get one after only 3 weeks by going through the EO. Nordstrom still manages their accounts TD just services them. The EO can be great help! but try regular CS first if the time frame fits!