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Frequent Contributor
CreditJunkie917
Posts: 403
Registered: ‎01-08-2013
0

NFCU CLI question

I understand from many threads on here the 4 month standard wait for a cli. I want to go for the $25k at some point this year, but I don't want to over extend myself for future cards. Plus im not sure if they would do so based on my income. My income is $54k. Should I stick with my current limit, and go for future cards, and take the chance with asking for the max(I understand I may get a counter offer) or work on getting future cards with good CL's?
Amex Plat.(NPSL) Amex PRG(NPSL), Amex BCE($6K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($16.6K), USAA Amex($7K), USAA World MC($7K), CSP($5K), Chase Marriott($5K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200)
Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567
Current Scores(October 8, 2014): FICO EQ: 679, TU: 703, EX: 696
In the Garden FOR-EV-ER!!!!! Cards and goals achieved! Let's grow and mature these babies!!!



Valued Contributor
rootpooty
Posts: 1,772
Registered: ‎10-28-2011
0

Re: NFCU CLI question

I seriously doubt they will give you 25k.  I'd use the HP's to get other cards that have better rewards that justify your everyday spending.

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Frequent Contributor
hutchj
Posts: 387
Registered: ‎06-15-2013
0

Re: NFCU CLI question


rootpooty wrote:

I seriously doubt they will give you 25k.  I'd use the HP's to get other cards that have better rewards that justify your everyday spending.


+1

 

Good luck on getting Cap1 to even give you $500, that's not a slight at you, but at Cap1, from my experience and from what I've heard from others they are terrible at giving increases. I had the card for 7 years, and the would not once give me a increase which is why I gave it the axe (even though it was my oldest card). 

AMEX BCE: 5k; Barclay Apple: 2.5k; BoA CB: 3k; BoA BBR 4.2k; BoA Travel: 8k; Chase Sapphire: 5k; Chase Freedom: 6k; Citi Diamond: 3k; Discover IT: 9k

June 2013 FICOs: TU: 763; EX: 754; EQ: 764 (was 747 9/2012). Last app 2/20/2014 Garden until 3/2015
Epic Contributor
Creditaddict
Posts: 21,724
Registered: ‎10-23-2007
0

Re: NFCU CLI question


CreditJunkie917 wrote:
I understand from many threads on here the 4 month standard wait for a cli. I want to go for the $25k at some point this year, but I don't want to over extend myself for future cards. Plus im not sure if they would do so based on my income. My income is $54k. Should I stick with my current limit, and go for future cards, and take the chance with asking for the max(I understand I may get a counter offer) or work on getting future cards with good CL's?

futre Credit Lines from Navy or from other banks???

WHO CARES... Looking at your other cards the only people you should be concerned about are over at Navy!! CLI CLI CLI AWAY!

maybe at 4-6 months look at adding a $15k NavCheck

and maybe Citi, Chase or Discover if you can get a Pre-Qual off any of their sites...

Fico Scores: EQ- 653 Cap1., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
65 Cards and Counting :smileytongue:
Valued Member
civilitermortuse
Posts: 46
Registered: ‎04-16-2012
0

Re: NFCU CLI question

I agree with Creditaddict - read my post about the Auto Loan and NavCheck to 15k that I just posted, just go for it Navy is on a whole other level. 

Established Contributor
CashOnDelivery
Posts: 502
Registered: ‎04-17-2013
0

Re: NFCU CLI question

[ Edited ]
I agree w/ Creditaddict and civilitermortuse. I don't know how Cap1 came into the mix...

Why wouldn't he go for 25K? It's going to be a HP anyway and NFCU will counter. If not they will probably ask for income docs (LES, pay stubs, etc) for further review.

2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

Take the myFICO Fitness Challenge
Frequent Contributor
CreditJunkie917
Posts: 403
Registered: ‎01-08-2013
0

Re: NFCU CLI question

Thanks guys! I'm gonna do myself a solid and wait till the scores go up and the acct ages a little. And yes, NFCU has been nothing short of amazing!! Love them!
Amex Plat.(NPSL) Amex PRG(NPSL), Amex BCE($6K), Amex Hilton($1K), NavCheck ($15K), NFCU CR Siggy($16.6K), USAA Amex($7K), USAA World MC($7K), CSP($5K), Chase Marriott($5K), Care Credit($2.5K), Cap1 QS($3.5K), VS($500), Cap1 Secure($200)
Starting Scores(Jan 2013): FICO EQ: 643, TU: 552, EX: 567
Current Scores(October 8, 2014): FICO EQ: 679, TU: 703, EX: 696
In the Garden FOR-EV-ER!!!!! Cards and goals achieved! Let's grow and mature these babies!!!



Established Contributor
CashOnDelivery
Posts: 502
Registered: ‎04-17-2013
0

Re: NFCU CLI question


CreditJunkie917 wrote:
Thanks guys! I'm gonna do myself a solid and wait till the scores go up and the acct ages a little. And yes, NFCU has been nothing short of amazing!! Love them!

Sounds like a solid plan! The CLI isn't going anywhere anytime soon....and yes NFCU is awesome! I opened an account last year and never knew of the love they have been giving to their members. :smileyhappy:


2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

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