Credit Cards Low Limts

[NiNoMArksLA]

hey everybody I have 8 cards and low limts on all of then I called cap1 back office and I said I wanted a cli they said your in credit steps and you will get your cli after the 17th statement cuts so from $300 to $500 and my other app for wal Mart 3 weeks ago $400 credit one $300 Macy's from $300 but when app for Macy's no credit at all 2th card I got so asking for cli in Feb-2013 they said it will be 7 months I would get a higher limt so I wanted to know I am not app for a long time intill my cards for at $1k or high limts let me know what I should do?

[creditnocash]

---

@NiNoMArksLA wrote:
hey everybody I have 8 cards and low limts on all of then I called cap1 back office and I said I wanted a cli they said your in credit steps and you will get your cli after the 17th statement cuts so from $300 to $500 and my other app for wal Mart 3 weeks ago $400 credit one $300 Macy's from $300 but when app for Macy's no credit at all 2th card I got so asking for cli in Feb-2013 they said it will be 7 months I would get a higher limt so I wanted to know I am not app for a long time intill my cards for at $1k or high limts let me know what I should do?

---

not sure what you mean there but macys does grow with you. 

started with a 100 dollar limit yes 100 dollars. 

now its sitting at 3.5k  

[Cdnewmanpac]

I think you are asking what you can do so that you get higher limits on cards in the future. The first thing would be to increase the deposit on your secured card. Bump it up to $1000. This will show experience with larger limits, so that when you apply for cards in the future, they are more comfortable giving you higher limits. Second, STOP APPLYING! I'm guessing from your cards that you are new to credit. You need to let your cards age for at least a year. If you keep applying for second tier cards like credit one and cap one for newcomers (neither of which are likely to give you a high limit ever), you will just end up with a bunch of low limit cards. You have more than enough to improve your score and make you desirable to lenders that give higher limits, like Chase, Citi, Discover and Amex. Do nothing until at least 6 months, ideally a year. Then apply for one or two of the "starter" cards from top lenders, like the Chase Freedom, Amex Delta Gold or Discover More. I bet you will get higher limits then. But you have to give it some time.

[BearsAndTurtlesRtheBest]

oh wow my sister got her macys card april 2012. She should request a cli and see whats up

[jsickz32]

i got my Macys card mid '09 and it has grown by itself to 2.5k from 300.

[NiNoMArksLA]

Will if I had $700 more on my bofa card it gets unsecured in 2 months In feb my bofa and first cap1 will be 1 year old be then so I think I will ask for cli on Macy's in couple months and wal-Mart people on this I read say u get auto cli and great limts and I gonna gonna wait 8 months to age on that one then ask be then my credit should be a little better and on credit one it's a fee to get a higher CL I only got then to help my credit I only use it for gas then Pay it off next week.

[NiNoMArksLA]

Sorry using my iPhone in the car going to LA from AZ

[chnceit]

I hope you are not driving! If you are I hope your using speech to text. Drive safely

[distantarray]

---

@chnceit wrote:
I hope you are not driving! If you are I hope your using speech to text. Drive safely

---

I hope they're using two hands to type with the eyes completely off the road..... parked on a shoulder don't chance it

[NiNoMArksLA]

It's ok my brothers Driving and I wanted to know I have a co signer I wanna get a 13 mustang 5.0 you think that will help are should just get in my dads name only