@Thomas_Thumb wrote:
@Scottisthename wrote:I have a Target red card with a $300 limit that won't budge. It's three years old and my scores have improved since it was opened. I am considering closing the account, then reopen a new account during the next $40 promo event. The goal of course is a better limit. Has anyone done this and been succesful with getting a higher limit?
Don't close it. These cards have good long term CL increase potential.
As others have said use the card and allow monthly charges to build. Then PIF every month to show ability to manage credit near the card's limit. If you are concerned about credit score, paydown or payoff balance prior to statement close date. If paid down then payoff remainder before due date.
If income has increased, update info on file. Have you tried calling and asking for a CLI as opposed to just hoping for an auto increase? A manual request may generate a hard inquiry but, impact on score is generally only 5 points. If you have not done a manual request, I'd suggest asking for a CL increase to $1000 to start the ball rolling. They can always counter with something else.
As I mentioned earlier, there has been some anecdotal evidence in the past that TD Bank's automated system may treat $0 statements as non-use during the billing cycle. There are a handful of other oddballs in the credit world where that seems to be the case as well.
Since acquiring the Target portfolio in 2013, TD Bank has never accepted customer-initiated credit line increase requests.
TD is my primary FI for my businesses and I can tell you their a bunch of weirdos. Love the personal Cc tho. But yeah, weird bank.
@805orbust wrote:TD is my primary FI for my businesses and I can tell you their a bunch of weirdos. Love the personal Cc tho. But yeah, weird bank.
Agreed. TD used to be my primary FI for my businesses. But no more.
@SouthJamaica dude Ive wanted to switch too but the girls at my current branch treat me like a celebrity... anything, anytime, they got it covered. I can't leave. But if they start having personnel changes, we're outta there 🤣
@805orbust wrote:@SouthJamaica dude Ive wanted to switch too but the girls at my current branch treat me like a celebrity... anything, anytime, they got it covered. I can't leave. But if they start having personnel changes, we're outta there 🤣
I have never been able to get anything done with them online.
Their business credit card reports to personal credit.
They always make me come into the branch and waste my precious time for everything.
Absolutely right. Chopped that business Cc 7 years ago. Even their app SUCKED until about 6 months ago. It probably still sucks but not like before. I feel your pain, but I'm getting hugs on the way out of the branch. 🤣
@805orbust wrote:Absolutely right. Chopped that business Cc 7 years ago. Even their app SUCKED until about 6 months ago. It probably still sucks but not like before. I feel your pain, but I'm getting hugs on the way out of the branch. 🤣
Yeah, well, I guess that counts for something 
