cancel
Showing results for 
Search instead for 
Did you mean: 

NFCU Cash Advance limit

tag
12njoy
Super Contributor

NFCU Cash Advance limit

Not that I've ever used it or would use it, but I noticed that my cash advance limit on my two NFCU cards is now $12,500 on each which is half of the limit.  I believe that it had always been the full 25k previously.  Has anyone else noticed this?  Maybe I misread it before but I'm pretty sure it used to be the full credit limit.

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 1 of 10
9 REPLIES 9
12njoy
Super Contributor

Re: NFCU Cash Advance limit

Hmmmmm.  I was worried for a minute.  Just called NFCU and they said that effective November 2, 2015 they made a change that the cash advance limit would only be 50% of the available credit limit on all credit cards.  Whew.  My first sign of AA (I thought).

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 2 of 10
Anonymous
Not applicable

Re: NFCU Cash Advance limit

It's been discussed in a few threads before.  Guess you missed them 

Message 3 of 10
12njoy
Super Contributor

Re: NFCU Cash Advance limit


@Anonymous wrote:

It's been discussed in a few threads before.  Guess you missed them 


Totally missed it.

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 4 of 10
datrucking210
Established Contributor

Re: NFCU Cash Advance limit

My cash advance limit is only 30% of my CL but it has been than way since I opened my account in the middle of last month. I guess they started me early than Nov. 2. Smiley Sad

Mid 500's Spring 2014 As of 06/07/16 EQ-700^ TU-738^ EX-697v In the Garden 5/28/16! Goals 750 across the board end of 2016
AU:
Message 5 of 10
12njoy
Super Contributor

Re: NFCU Cash Advance limit


@datrucking210 wrote:

My cash advance limit is only 30% of my CL but it has been than way since I opened my account in the middle of last month. I guess they started me early than Nov. 2. Smiley Sad


Sorry to hear of your 30%.  That's still more than most cards give you in cash advance limit. 

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 6 of 10
12njoy
Super Contributor

Re: NFCU Cash Advance limit

Card companies really don't like you to use the cash advance feature anyway IMO.  they tend to think you're living off the card when you continually do that. 

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 7 of 10
Anonymous
Not applicable

Re: NFCU Cash Advance limit

i have a post about this with details just from earlier today...
Message 8 of 10
12njoy
Super Contributor

Re: NFCU Cash Advance limit


@Anonymous wrote:
i have a post about this with details just from earlier today...

Thanks wil check it out

(Formerly known as: Credit is my hobby/TCL objective)
___________ 12Njoy
FICO - EX 810; EQ 797; TU 804 I'm climbing back to 800+
Message 9 of 10
datrucking210
Established Contributor

Re: NFCU Cash Advance limit


@12njoy wrote:

@datrucking210 wrote:

My cash advance limit is only 30% of my CL but it has been than way since I opened my account in the middle of last month. I guess they started me early than Nov. 2. Smiley Sad


Sorry to hear of your 30%.  That's still more than most cards give you in cash advance limit. 


Yeah I'm not really sweating it but I should have a 50% advance limit too. I sent them a message earlier this morning I'll report back when I hear from them.

Mid 500's Spring 2014 As of 06/07/16 EQ-700^ TU-738^ EX-697v In the Garden 5/28/16! Goals 750 across the board end of 2016
AU:
Message 10 of 10
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.