just got approved for my first ever gas card - exxon mobile. any idea on a credit limit? are they usually small (ie $300)?
I don't know about Exxon Mobil, but Chevron gave me $300 to start. So did Shell and Texaco. CITGO and BP gave me $500 to start. My first-ever gas card was $200, a Texaco card. I think Monogram Bank is pretty tight with initial credit limits. I would guess your limit is $300.
Chevron didn't approve me for their Credit Card but they gave me their rebuilder card with 250 limit for 50/year. Scores in mid 500s with one Judgement. Keep in mind that if you have BK on your report, most likely you will not even get their rebuilder card. Good luck.
I just received my Chevron card today with a $300 CL. I spoke directly with their credit analyst department and their requirements were a minimum of 600 FICO and BK must be past the 5 year mark. They pull Equifax, which is my worst one at 632 FICO.
Are ALL gas cards "TOY" cards??? Just wondering because it would look bad to have a $300 card then the NEXT HIGHEST BANK card is $7,500 Not that I even would use $300 worth of gas in a month... My WAL*MART store card is even MORE than $3,000...
Yeah George, I agree they are "toy" cards. I have: Chevron $300 CL CITGO $800 CL SuperAmerica $700 CL Sunoco $1,200 CL
