i got this card with a $500 CL, over six months later i had no increase in my limit. so i hit the request credit line increase button and was approved for a $900 limit. i thought that was low as i have been making my payments on time every month, never paid it off. so i did some research online and i guess you have to call the automatic number to request an increase and youll get more. i called a week later, and asked for $2000, this gave me $2500 credit line. I m very happy no complaints here.
Most Helpful Positive Review
Most Helpful Negative Review
Got approved for card in January. I always paid all payments several days early and even added an extra $15-20 to minimum amount due. My total account balance in April was $44 with a payment due of $25 so I chose to pay the entire remaining balance of $44. Two weeks after paying Walmart the remains amount in my account, walmart closed my account. I had never been late, as I said always paid several days prior to the due date, I never missed a payment nor asked for an extension, and I always paid more than the minimum amount due so there was no reason to close my account. Then they reported to the credit bureau that they closed it which I totally understand but then a couple days later the reported a second time adding that they were the ones who closed the account which dropped my credit score a ton. Them closing my account after only 4 months of opening it and then reporting they closed it rather than account was just closed dropped my score even further. Due to a car accident several years prior, I only had a 580 credit score when opening the card in January however I had increased that credit score to 648 because of good credit history just since January, but by them closing the card and reporting it the way they did my credit score is lower now than when I opened the card. So they gave me the card with a lowcredit score but then close the card when my credit score was almost 70 points higher and ruining all my hard work to build up my credit. Upon contacting Walmart to find out the reason they closed my account/card Walmart stated they closed my account due to poor credit history and poor credit score. Makes no sense why they would give me the card with a low score and then take away when score greatly improved as well as was a great account holder. I also want to mention that the first 2 months of having this account I spent several days a week on the phone dealing with an issue of them putting the wrong social security number on my account after opening the account. So while I was approved and account was open with my social security number, somewhere along the way the removed my social security number and entered someone else’s. Walmart opened an investigation and made me send verification of my birth certificate, drivers license, and social security card to prove who I was. After verification they correctEd my account with the proper social security number which i again would like to mention was the number I was approved with. So that issue had nothing to do with them closing my account none the less it still shows how screwed up this Walmart Credit Card is, and why I would think twice on applying for it because it’s a large possibility they will ruin your credit that you’ve worked to build.
See Your Approval Odds Before You Apply
Sign up for a free membership, and Credit Karma can estimate your chances of approval based on your credit profile. You’ll also get:
- Credit scores and reports
- Credit monitoring
- Personalized recommendations