Highest limit for TD/Target MC ?

[Anonymous]

I forgot to mention, the increase from $1800 to $6000 was the MC upgrade. From the post you linked it seems the 6 month CLI pattern comes after the MC upgrade.

[Anonymous]

I started $600 last April 2019 and 6 months later, increased to $5k and now I'm sitting $8500. I was told the limit for store card is $9500 and MC version is $15k.

[NoMoreE46]

Yes I had a feeling that you were upgraded to the MasterCard.

Yours was a massive graduation!

Don't how TD  decides who gets the MasterCard upgrade (and at what credit limit.)

[NoMoreE46]

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@Anonymous wrote:

I started $600 last April 2019 and 6 months later, increased to $5k and now I'm sitting $8500. I was told the limit for store card is $9500 and MC version is $15k. 

Interesting note about the max limits.  

And wow, another massive graduation in a very short period.

[K-in-Boston]

I should just quote myself, but I'm still jealous.  😂  18 years later I seem to be stuck at $10,300.  I was finally getting CLIs every June and December for 3 years, but didn't get one when my statement closed in December 2019 and haven't seen one since. $300-700 every month, let statement cut with balance, update income to the same number every month, and PIF was working for me for a while there.  Now it's been 8 statements since I've had an increase.  Hopefully I won't have to wait another 14 years or so again before they start up again.

[NoMoreE46]

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@NoMoreE46 wrote:

Yes I had a feeling that you were upgraded to the MasterCard.

Yours was a massive graduation!

Don't how TD  decides who gets the MasterCard upgrade (and at what credit limit.)

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In gathering some data from this forum,  this is what I have come up with.  The average Redcard SL is $600 and you get the MC upgrade when your limit gets to about $6,000.  The lowest MC upgrade was when someone got to $2,000. 

	Redcard Starting Limit ($)	New MC Limit ($)
Average	594	6,125
Min	200	2,000
Max	2,500	11,000

[morgacj2004]

I am at 9k Target MC. 

[KLEXH25]

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@NoMoreE46 wrote:

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@NoMoreE46 wrote:

Yes I had a feeling that you were upgraded to the MasterCard.

Yours was a massive graduation!

Don't how TD  decides who gets the MasterCard upgrade (and at what credit limit.)

---

In gathering some data from this forum,  this is what I have come up with.  The average Redcard SL is $600 and you get the MC upgrade when your limit gets to about $6,000.  The lowest MC upgrade was when someone got to $2,000. 

	Redcard Starting Limit ($)	New MC Limit ($)
Average	594	6,125
Min	200	2,000
Max	2,500	11,000

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So if I apply for a Target Redcard, they automatically start you with the store version for $600? Or can you get an MC off the bat? I have the debit version, so I probably won't waste an HP, but I've always been curious. I shop at Target ALOT.

[Anonymous]

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@KLEXH25 wrote:

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@NoMoreE46 wrote:

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@NoMoreE46 wrote:

Yes I had a feeling that you were upgraded to the MasterCard.

Yours was a massive graduation!

Don't how TD  decides who gets the MasterCard upgrade (and at what credit limit.)

---

In gathering some data from this forum,  this is what I have come up with.  The average Redcard SL is $600 and you get the MC upgrade when your limit gets to about $6,000.  The lowest MC upgrade was when someone got to $2,000. 

	Redcard Starting Limit ($)	New MC Limit ($)
Average	594	6,125
Min	200	2,000
Max	2,500	11,000

---

So if I apply for a Target Redcard, they automatically start you with the store version for $600? Or can you get an MC off the bat? I have the debit version, so I probably won't waste an HP, but I've always been curious. I shop at Target ALOT.

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They start you with the store card and it can be as low as $250 I believe. I actually think some much larger than average limits are skewing things because most of us get $300-$500 to start. 

[NoMoreE46]

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@Anonymous wrote:

They start you with the store card and it can be as low as $250 I believe. I actually think some much larger than average limits are skewing things because most of us get $300-$500 to start. 

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Saeren is pretty close as per usual.  Using a weighted average method, the SL is $351 vs. $594 (simple average.)  Here is a shot of the data*:

Redcard Starting Limit ($)	Holders		Weight Factor	Weighted SL
200	3	600	0.075	45.00
300	17	5100	0.425	2,167.50
400	1	400	0.025	10.00
500	8	4000	0.200	800.00
600	1	600	0.025	15.00
800	1	800	0.025	20.00
1000	5	5000	0.125	625.00
1200	1	1200	0.025	30.00
1300	1	1300	0.025	32.50
2000	1	2000	0.025	50.00
2500	1	2500	0.025	62.50
Total Holders	40		1.00	3,857.50
Count of SL by Amount	11
			Weighted Avg	350.682

     *Based on gleaning data from this forum; not verified or validated. 

I welcome everyone to double check my table.