Reply
Mega Contributor
Creditaddict
Posts: 18,818
Registered: ‎10-23-2007

NFCU Credit Card Approved INSTANTLY hours after Joining!!

Helped a friend Apply last night for Navy Federal CU Membership... Went through it all and scheduled the transfer from current bank to open checking and savings at Navy. This afternoon he got email that it had been approved... so couple hours later I helped get the account set up online, he had to call in and they gave the log in stuff (message online said after setting up that letter would come and couldn't do instant) so I was super happy when he called and rep did it instantly.

Once logged in it showed -$5.00 because the transfers had not gone through... Had him call back again and ask if he should wait for that to apply for credit card or if it would have any effect.  (Nope Navy Said)

5 Minutes later with online Cash Visa INSTANT $6k

Currently if I'm getting full picture outside what i saw with his other credit cards he has 3 $1k lines open and all 3 are at $950ish!!!

So $6k instant is more surprising now! can't wait to see the score they send!

 

Now secondly though is he also applied for the personal loan (is that differnt from over draft line?)

anyway instant declined?!? I told him to call tomorrow and see if they can look at it and give more info or reconsider for less amount.

He "THINKS" his Credit is 624 currently (I have NO idea who what where that came from so I will wait for his Navy Letter) Interest rate not set yet either.

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

MAN I need in with this credit union :/



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


Take the FICO Fitness Challenge
Mega Contributor
Creditaddict
Posts: 18,818
Registered: ‎10-23-2007

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!


sphinx313 wrote:

MAN I need in with this credit union :/


That's what I said for years leading up to getting in!!!

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

get a navchek account imo


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
rootpooty
Posts: 1,711
Registered: ‎10-28-2011

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

well i doubt they will approve him for a personal loan with a score that low.  my recommendation would be to pull EQ fico sold here cause NFCU uses the same model and same score.  his best bet is for him to use the card for 6 mos and build a history then app for personal loan and or LOC (navcheck)

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 3k | BOFA 123 3k |
Chase Freedom 1.5k | Amazon 1800 | Walmart 1450 | Buckle 300

On the prowl for Chase Sapphire Preferred!
Valued Contributor
rootpooty
Posts: 1,711
Registered: ‎10-28-2011

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!


sphinx313 wrote:

MAN I need in with this credit union :/


yeah they are pretty good

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 3k | BOFA 123 3k |
Chase Freedom 1.5k | Amazon 1800 | Walmart 1450 | Buckle 300

On the prowl for Chase Sapphire Preferred!
Moderator
webhopper
Posts: 7,230
Registered: ‎09-16-2011

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!


sphinx313 wrote:

MAN I need in with this credit union :/


That's what I was thinking....  early this year... I didn't know my hubby was a member, so I encouraged him to apply for membership with USAA...  anyways, there was a glitch with getting his identity verified with USAA, so we just kind of laid low for a while...   Imagine my surprise when we pulled his reports and I saw paid satisfactorily / closed personal loan accounts with NFCU back in 2000.   I asked him about it, and we called them...  low and behold his shares account was still open and he was still a member. 

The rest was history. I'm moving all of my banking over to them at the first of the year.


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Mega Contributor
Creditaddict
Posts: 18,818
Registered: ‎10-23-2007

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

Interest rate approved for is 15.24%

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Valued Contributor
Duncanrr
Posts: 2,841
Registered: ‎06-08-2012

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

Nice going. I'm enjoying my first full month with them. I've just had my second paycheck deposited into my checking account and my NFCU flagship visa generates its first statement on 12/6 so the outstanding 25k CL will be reporting by the 10th to all CRA :smileywink:


Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

Take the FICO Fitness Challenge
Regular Contributor
cowboyguy
Posts: 197
Registered: ‎07-26-2012

Re: NFCU Credit Card Approved INSTANTLY hours after Joining!!

I wanna be a member of NFCU but I don't have any association with Navy (even no association of family members). Is there anyway I could become their member & get their credit card? My FICO Equifax score is 694.

Walmart Discover $10,000... Chase SW $8,500... Freedom $7,000... CSP $6,000... Amex Delta $3,000... Amex BCP $2,000... Local CU $1,500...

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+