Well, I figured why not. Online application and so simple. I was not too sure on what report they use. I have had trouble the last couple of weeks getting a new card. Applied for ShopNBC-WFFNB card. Letter stated unable to issue card do to excessive inquiries. I still do not know what report they used. I am about a 680-705 depending on CRA. Target approved me but with a very high interest rate of 15.9% and a CL of 11,000- very generous. Has anyone had sucess lowering rate? I know that card is fairly new. Also, I have read the caveats of having the new card declined after approval. Has anyone worked that out? Further, did anyone have problems using the temp 250 LOC at Target.com with the 10% discount? Oh, I had a regular Target Card in July with an initial CL of $700. I closed it in October.
When you activate your card, speak to the rep. about the high interest rate. I beleive that they have the power to reduce the interest rate one tier. Good Luck
I wrote to Target via Planetfeedback and asked for a reduction in my interest rate. I heard nothing back from them but when I got mext month's statement, it had been lowered, APR from 18.9 to 12.9 and Cash from 21.9 to 15.9.
