I Originally got both lowes accounts about 6 or 7 months ago. Both cards started out at 1500.00. I applied for an increase about 2 months ago on the business revolving and was shot down. Called in for a recon and was shot down. I tried again today for the same account and asked for a total line of 5000. Approved! I asked if I could apply for an increase for the net 30 account... Asked for a total of 7000 (Since I had just been approved for a total of 5 with the other card) and receved a counter offer of 3500 total credit line.
Called into amazon revolving next. Only had the account for 5 months. Current line of 5000.00. Asked for 10000. Denied. She was very nice and basicly said since I was revolving the account and not paying at least 75% of the balance every time that it would be harder to get the increase I was looking for even though I had been making way over the minimum payment (600 on a 2600 balance)
Figured I'd let you guys know so hopefully it could help someone out there looking for the same thing I was.....
GE Credit Line Increases!
Started by
stroked89coupe
, Jan 30 2012 03:27 PM
21 replies to this topic
#1
Posted 30 January 2012 - 03:27 PM
#2
Posted 17 March 2012 - 06:56 PM
I Originally got both lowes accounts about 6 or 7 months ago. Both cards started out at 1500.00. I applied for an increase about 2 months ago on the business revolving and was shot down. Called in for a recon and was shot down. I tried again today for the same account and asked for a total line of 5000. Approved! I asked if I could apply for an increase for the net 30 account... Asked for a total of 7000 (Since I had just been approved for a total of 5 with the other card) and receved a counter offer of 3500 total credit line.
Called into amazon revolving next. Only had the account for 5 months. Current line of 5000.00. Asked for 10000. Denied. She was very nice and basicly said since I was revolving the account and not paying at least 75% of the balance every time that it would be harder to get the increase I was looking for even though I had been making way over the minimum payment (600 on a 2600 balance)
Figured I'd let you guys know so hopefully it could help someone out there looking for the same thing I was.....
Good information. Which GE account you feel is the easiest to get when starting out? Lowes (Net 30), Amazon?
Congrats on the CL increase. As far as Amazon, I would pay down the balance entirely and then request a line increase. That should do it. Good luck.
#3
Posted 17 March 2012 - 09:59 PM
I Originally got both lowes accounts about 6 or 7 months ago. Both cards started out at 1500.00. I applied for an increase about 2 months ago on the business revolving and was shot down. Called in for a recon and was shot down. I tried again today for the same account and asked for a total line of 5000. Approved! I asked if I could apply for an increase for the net 30 account... Asked for a total of 7000 (Since I had just been approved for a total of 5 with the other card) and receved a counter offer of 3500 total credit line.
Called into amazon revolving next. Only had the account for 5 months. Current line of 5000.00. Asked for 10000. Denied. She was very nice and basicly said since I was revolving the account and not paying at least 75% of the balance every time that it would be harder to get the increase I was looking for even though I had been making way over the minimum payment (600 on a 2600 balance)
Figured I'd let you guys know so hopefully it could help someone out there looking for the same thing I was.....
Good information. Which GE account you feel is the easiest to get when starting out? Lowes (Net 30), Amazon?
Congrats on the CL increase. As far as Amazon, I would pay down the balance entirely and then request a line increase. That should do it. Good luck.
I feel that the Amazon account is easier. I don't really have a reason though so I don't think my opinion will hold much weight.........lol. The balance on the amazon account is paid off finially, But i'm not sure if I can re-Apply for a CLI so soon. I think I may have to weight another 4-6 months. I think I will just wait. With the CLI's from GE it seems that a cli was no problem with them with only small purchases (Usually the balance was under 100.00 on the statements) but CITI had a lot more questions as to why I needed a cli. GE was just like ok we got that approved.
#4
Posted 06 April 2012 - 08:36 AM
Requested again from Amazon GEcrb and was denied. It was stated that I was at the max already for a non pg'd account. Kind of finding this hard to belive.,
#5
Posted 27 April 2012 - 12:24 AM
I love GE !!!!!!!!!!! they never deny me for any card , its crazy even when ive had like 15+ inquiries
just recently got my paypal mastercard from 2500 to 4600 in a little over 3 months
and my chevron from 550 to 750 ( hey ill take it lol)
i think if you pay ge on time and ever month pay the whole balance , they actually show more love than all other major banks/companies
just recently got my paypal mastercard from 2500 to 4600 in a little over 3 months
and my chevron from 550 to 750 ( hey ill take it lol)
i think if you pay ge on time and ever month pay the whole balance , they actually show more love than all other major banks/companies
#6
Posted 27 April 2012 - 06:00 AM
Requested again from Amazon GEcrb and was denied. It was stated that I was at the max already for a non pg'd account. Kind of finding this hard to belive.,
Did you PG your SAMS club revolving?
#7
Posted 27 April 2012 - 06:01 AM
I love GE !!!!!!!!!!! they never deny me for any card , its crazy even when ive had like 15+ inquiries
just recently got my paypal mastercard from 2500 to 4600 in a little over 3 months
and my chevron from 550 to 750 ( hey ill take it lol)
i think if you pay ge on time and ever month pay the whole balance , they actually show more love than all other major banks/companies
GE never denies you. That's awesome. You should apply for Sams Club and Walmart.
#8
Posted 27 April 2012 - 08:37 AM
She was very nice and basicly said since I was revolving the account and not paying at least 75% of the balance every time that it would be harder to get the increase I was looking for even though I had been making way over the minimum payment (600 on a 2600 balance)
In their mind balances that are paid off quickly are less likely to default and in these tough economy, creditors are looking for ways to minimize their risks.
I think it is great you are paying far more than the minimum payment.
#9
Posted 27 April 2012 - 02:20 PM
Good Job buddy!!!
#10
Posted 24 May 2012 - 09:59 AM
Applied for a CLI on the revolving account and was denied instantly. She did not even put me on hold. Last CLI was a cupple days short of 4 months. Knew I should not have pushed it. I'll wait another two months and try it again giving me a total of 6 months betwen actual cli's. Thats what the rep said to do. Figured i'd give it a shot.
#11
Posted 24 May 2012 - 10:10 AM
GE declined me for their Sams Club in store credit account. Not sure why, I'm waiting for the denial letter. My credit files are pretty solid with 10+ trades showing on all. high trades of 10k and up. High credit scores across the board. However, GE did just approve me for the Lowes Commercial billing account ($2,400 CL) a couple of weeks ago. I already have Amazon revolving 5k CL.
#12
Posted 24 May 2012 - 09:04 PM
GE declined me for their Sams Club in store credit account. Not sure why, I'm waiting for the denial letter. My credit files are pretty solid with 10+ trades showing on all. high trades of 10k and up. High credit scores across the board. However, GE did just approve me for the Lowes Commercial billing account ($2,400 CL) a couple of weeks ago. I already have Amazon revolving 5k CL.
The Walmart cards have always been tough to get for some reason.
#13
Posted 24 May 2012 - 09:40 PM
GE declined me for their Sams Club in store credit account. Not sure why, I'm waiting for the denial letter. My credit files are pretty solid with 10+ trades showing on all. high trades of 10k and up. High credit scores across the board. However, GE did just approve me for the Lowes Commercial billing account ($2,400 CL) a couple of weeks ago. I already have Amazon revolving 5k CL.
The Walmart cards have always been tough to get for some reason.
Oh, I forgot 1. I also have JC Penny which is underwritten by GE too. Once I get Sams Club & Walmart I'll be all in with GE.
#14
Posted 09 July 2012 - 11:44 AM
Just got an approved cli on some of my accounts.
Sams - 2000-5000
Lowes A/R - 3500-5000
Lowes B/A - 5000-5500
Never carry balances. Monthly purchases with these are around 600-900. Which is why i seem to be stuck at around 5000 with GE.
Sams - 2000-5000
Lowes A/R - 3500-5000
Lowes B/A - 5000-5500
Never carry balances. Monthly purchases with these are around 600-900. Which is why i seem to be stuck at around 5000 with GE.
#15
Posted 09 July 2012 - 01:29 PM
Hummm... I haven't tried for any increase but I might shortly. I do carry large balance so I will see how much I can get.
#16
Posted 10 July 2012 - 09:12 PM
Side note.. Very important to make sure your phone number is easily found every where.. This is a big thing for GE and they will deny if they can't find it.
#17
Posted 11 July 2012 - 02:42 PM
Great job on the CLI
#18
Posted 12 July 2012 - 01:18 PM
Just got an approved cli on some of my accounts.
Sams - 2000-5000
Lowes A/R - 3500-5000
Lowes B/A - 5000-5500
Never carry balances. Monthly purchases with these are around 600-900. Which is why i seem to be stuck at around 5000 with GE.
What up Stroke? I see you getting it in. lol! Good stuff. Consistent usage and no balance will usually get you Credit lines increase. Good stuff. You might want to apply for the Sam's Discover.
#19
Posted 13 July 2012 - 06:37 AM
Just got an approved cli on some of my accounts.
Sams - 2000-5000
Lowes A/R - 3500-5000
Lowes B/A - 5000-5500
Never carry balances. Monthly purchases with these are around 600-900. Which is why i seem to be stuck at around 5000 with GE.
This is very impressive Stroke. Keep up the good work
#20
Posted 13 July 2012 - 04:03 PM
Once your in with GE and you use and pay for the credit your good to go with them.
#21
Posted 13 July 2012 - 09:12 PM
Thanks everyone. It seems as though I have hit some kind of cap with them. For instance I have Never gotten an increase on my amazon account. The last reason they gave me was because they were currently my highest line. Anyway it seems they like to see heavy usage and pif. And I think since I am not utilizing close to or over 50% of my line that cli are goin to be very small or just not happen. Which is completely understandable.
#22
Posted 16 July 2012 - 02:24 PM
I want to give you guys a FYI.. Watch with GE! They are cutting back. If you get flagged with ONE account! Then they will block ALL of your accounts! I have a friend who is going thru this as we speak!
She got an increase on lowes. She then applied for Sams they couldn't verify info in stores. GE called her asking for addition info (articles of corp and her lease.) While in this process THEY BLOCKED all of her GE CARDS until futher notice!!! She has sent in her info.. who know what they are going to do!
WANTED to give a HEAD UP!!!!!!!
She got an increase on lowes. She then applied for Sams they couldn't verify info in stores. GE called her asking for addition info (articles of corp and her lease.) While in this process THEY BLOCKED all of her GE CARDS until futher notice!!! She has sent in her info.. who know what they are going to do!
WANTED to give a HEAD UP!!!!!!!
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