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Target RedCard large(ish) CL increase

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M_Smart007
Legendary Contributor

Re: Target RedCard large(ish) CL increase

Congratulations!

Message 11 of 27
Anonymous
Not applicable

Re: Target RedCard large(ish) CL increase


@Anonymous wrote:

Hey MFers!

 

I just received a large CL bump on my RedCard thiis month, from $2.7k -> $7k.   I've had the card since 2016, started at $500 with weekly use and frequent CL bumps the first couple years, but they were all $200-$300 each until now.  Such a deviation from tiny bumps to one large one has me hoping an upgrade to MC may be in the mail.  All those small increases were between 2016-2018.  It's been >2 years since my last CLI until this month.

 

Wondering if any of you who have received the Mastercard conversion/upgrade might have experienced something similar?  A large CLI at the time of conversion?

 

Anyone else receive a large RedCard CLI this month, even without MC conversion?

 

Thanks!


No bumps at all for me since last January but I'm actually okay with it (for now anyway). Congratulations to you though! Smiley Happy

Message 12 of 27
cashorcharge
Community Leader
Super Contributor

Re: Target RedCard large(ish) CL increase

That's terrific!  Congratulations on your CLI approval!!

Message 13 of 27
PullingMeSoftly
Valued Contributor

Re: Target RedCard large(ish) CL increase

Nice, looks like you're in MC territory now.






Message 14 of 27
Anonymous
Not applicable

Re: Target RedCard large(ish) CL increase

Congrats and I agree with the others who have said that an MC upgrade is likely coming. Hoping the comment about breaking $4000 meaning it's coming is true - I went from $3700 to $4200 in November. Good luck!

Message 15 of 27
CreditAggie
Community Leader
Super Contributor

Re: Target RedCard large(ish) CL increase

Congratulations on your Target CLI!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (April 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 16 of 27
rooeez
Regular Contributor

Re: Target RedCard large(ish) CL increase

When I first got the RedCard in 2016 it was with a $2k SL. Stayed there until they did my MC conversion in 2018 and bumped it to $5k. Since, they have given me auto CLI's to $13.5k now.  Never asked for any increases and only ever use it at Target with not a lot of use. Who knows...


| TCL = $370,350 | TU FICO 8: 790| EX FICO 8: 815| EQ FICO 8: 794|
Message 17 of 27
Yeliaba1
Frequent Contributor

Re: Target RedCard large(ish) CL increase

Congrats on your CLI and good luck on the upgrade!

Message 18 of 27
Anonymous
Not applicable

Re: Target RedCard large(ish) CL increase

 


@blindambition wrote:


It's very possible an upgrade is coming. Look for letter at end of month. It will tell you that new card should come in March.

This is what happened with me last January. From $2.5k to $9k.

Congrats on CLI!!! Good luck!!

Smiley Happy



Excellent!  Your experience definitely gives me confidence a MC conversion is on the way.  Thanks for the info, and a belated congrats on your upgrade as well :-)

Message 19 of 27
Anonymous
Not applicable

Re: Target RedCard large(ish) CL increase

I appreciate the responses everyone!

 

I'll update if Smiley Wink when the upgrade letter arrives.

Message 20 of 27
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