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Credit limit?

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Florida1990
Frequent Contributor
‎09-18-2014 05:43 PM
‎09-18-2014 05:43 PM

Credit limit?

What is the credit limit you need for Signature VS or WMC?

Pre-CH7 Scores- TU 584 EX 540 EQ 581
Post-CH7 Scores- TU 656 EX 630 EQ 670

Navy Fed Cash Rewards-$4,500, Credit One MC $500, Credit One VS $700 Ollo Platinum MC $900, Avant MC $1,000 Primor Secured Vs. $200, Wayfair $750, Eddie, Jcrew, Boscov $250-$300.
Message 1 of 7
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Anonymous
Not applicable
‎09-18-2014 05:47 PM
‎09-18-2014 05:47 PM

Re: Credit limit?

Not sure about WMC, but for Signature is is generally at least 5k.

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SunriseEarth
Moderator Emeritus
‎09-18-2014 05:52 PM
‎09-18-2014 05:52 PM

Re: Credit limit?

@Florida1990 wrote:

What is the credit limit you need for Signature VS or WMC?

Usually, ~$5K, but it does vary by lender.   Citi has been handing out WMCs to nearly all of the Double Cash new applicants, and some of those CLs are well below $5K (includng mine)



Start: 619 (TU08, 9/2013) | Current: 804 (TU08, 10/07/25)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Disney Premier VS $52000 | Discover IT $46000 | NFCU cashRewards Plus WMC $33000 |Venmo VS $30000 | Cash+ VS $30000 | Macy's AMEX $25000 | Ralphs Rewards WEMC $25000 | Synchrony Premier $24,200 | Citi Custom Cash MC $22600 | GS Apple Card WEMC $22000 | WF Attune WEMC $22000 | Freedom Flex WEMC $18000 | Amazon VS $15000 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Rakuten AMEX $12500 | Sephora VS $11900 | Wayfair MC $9500 |~~
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Florida1990
Frequent Contributor
‎09-18-2014 06:54 PM
‎09-18-2014 06:54 PM

Re: Credit limit?

Nice are there benefits to having a WMC?

Pre-CH7 Scores- TU 584 EX 540 EQ 581
Post-CH7 Scores- TU 656 EX 630 EQ 670

Navy Fed Cash Rewards-$4,500, Credit One MC $500, Credit One VS $700 Ollo Platinum MC $900, Avant MC $1,000 Primor Secured Vs. $200, Wayfair $750, Eddie, Jcrew, Boscov $250-$300.
Message 4 of 7
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coldnmn
Mega Contributor
‎09-18-2014 06:58 PM
‎09-18-2014 06:58 PM

Re: Credit limit?

@Florida1990 wrote:

Nice are there benefits to having a WMC?

I suggest google to find out.

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
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weehoo
Frequent Contributor
‎09-18-2014 09:15 PM
‎09-18-2014 09:15 PM

Re: Credit limit?

@Florida1990 wrote:

Nice are there benefits to having a WMC?

Last time i looked up WMC benefits i realized i had never used any of them and none of them were great enough for me to remember.

 

Citi AAdvantage WE - 41k | Marriott Bonvoy Brilliance - 29k | Citi Double Cash - 19 .5k | Southwest Premier - 39k | Discover Miles - 23k | GECRB Ebates Visa - 10k | Golden1 Rewards - $10k | Ducks Unlimited - 6k |
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Anonymous
Not applicable
‎09-18-2014 09:23 PM
‎09-18-2014 09:23 PM

Re: Credit limit?

@coldnmn wrote:
@Florida1990 wrote:

Nice are there benefits to having a WMC?

I suggest google to find out.

 

That's COLD.

 

but, I agree...

 

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