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Valued Member
Kysmet10
Posts: 31
Registered: ‎02-18-2013

NFCU experience ***UPDATED***

[ Edited ]

So I decided yesterday to call NFCU to determine if I was eligible to become a member.  I didn't think I was (never had proof) but I talked to the rep and since my father was active military when he passed away the rep stated that I was eligible.  She went ahead with setting me up with a checking and savings account.  The rep the warn me that there may be a request for verification paperwork so I'm stressing over that a little.  I have whatever they need.  I just dont like that they can freeze my account after I was told that I'm eligible (there really should be a better checks and balance process for this).

 

The rep provided me with my account ID , set me up with online access, and ordered me a debit card and mini card.  I asked her about the credit cards which she explained and I decided to wait on applying.  After talking to her, I checked this site, decided to take a chance, and applied for the cashRewards Visa. I received the application under review message and called back to speak with a credit app specialist.  I was told that the app was under review and that I could log on and check this morning. 

 

When I logged on, the first thing I see is a new account for a Signature Visa with a $5000 balance!  If this means I'm approved this is my second signature card.  The status still says app under review but geeze, I still dont know which to believe.  I'd really like to get over $5000 balance but I can be patient! 

 

UPDATE!

 

I got the official approval for cashRewards this morning.  Signature Visa at $5K and  APR prime plus 11.99%.  With this and the AMEX  apps (green approved; BCE pending) I'm done!  Garden Garden Garden!

 

Also, Can someone please explain what Navcheck is?  Yes I searched the forums and only came up with threads on app results.  Also, do people typically apply for the nRewards right after being approved for cashRewards?

 

I really hope my account and cc are straight with NFCU and I dont get the okie doke.

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Tending to my garden for six (6) months October 2013 - April 2014
Regular Contributor
sunkissed
Posts: 180
Registered: ‎09-19-2013

Re: NFCU experience

NavCheck is overdraft line of credit.

 

Best of luck to you with your new NavyFed accounts.  Congrats on the great card!

Starting score: Apr2012 – 635 EX
Current scores (USAA): EX-700, EQ-736, TU-687 (Walmart/Discover) TU-708
NFCU Flagship $22,000 | DiscoverIT $19,500 | SECU Visa $10,000 | CSP $5,000 | Chase Marriott $6,500 | Chase SW $15,000 | Chase Freedom $7,500 | AMEX SPG $11,000 | AMEX Hilton Surpass $5,000 | USAA AMEX $6,000 | Cap1QS $5,000 | Fuel Rewards $6,000 | BofA Visa $400 | JCP $3,600 | Lord&Taylor $4,000 | Walmart $5,000 | Kohl’s $1,500 | VS $1,230 | Lowes $4,800 | Loft MC $5,750 | Macy’s $2,500 | BR $5,000 | Target $300
Senior Contributor
bichonmom
Posts: 3,318
Registered: ‎05-05-2011

Re: NFCU experience

Congrats on becoming a Navy member!:smileyhappy:

 

Navchek is their LOC. Max CL is $15k, which is based on your credit-worthiness. The interest rate is the same for everyone. I believe it's 13.something %.

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Regular Contributor
KoolDev
Posts: 215
Registered: ‎09-26-2013

Re: NFCU experience

Its a LOC. I just joined myself, but I have been super disappointed in their loan officers. I am going to use them for the rewards card I got but that's just ME and the branch I have joined. Its a good bank !
My Sock Drawer: Care Credit $4200-371, Cap 1 $1000-0. Cap1 $750-0, Ge Retail $1000-0, JCP 600-0, Amazon 3000-0, First Flight 1500-0
In Use: NFCU Visa Sig $17.5k-4024.00, Chase Freedom $4500.00-1900.00, WF $1000.00-0.00

Starting Score 538
Current Score 687 Nov 1- 693 Nov 21 Fico TU 733 Nov 21
Goal 700 by November---Reporting dates will put goal off until Nov 30 UGHH
Regular Contributor
KoolDev
Posts: 215
Registered: ‎09-26-2013

Re: NFCU experience

Remember, don't use over 500 of that limit unless you pay it off quick. ( To keep utilization down ). Good luck ! I have not looked at mine lately to see if it was 0 percent interest on purchases. Just applied and got it last Tuesday night
My Sock Drawer: Care Credit $4200-371, Cap 1 $1000-0. Cap1 $750-0, Ge Retail $1000-0, JCP 600-0, Amazon 3000-0, First Flight 1500-0
In Use: NFCU Visa Sig $17.5k-4024.00, Chase Freedom $4500.00-1900.00, WF $1000.00-0.00

Starting Score 538
Current Score 687 Nov 1- 693 Nov 21 Fico TU 733 Nov 21
Goal 700 by November---Reporting dates will put goal off until Nov 30 UGHH
Valued Member
Kysmet10
Posts: 31
Registered: ‎02-18-2013

Re: NFCU experience

Thanks for the info and thanks for the reminder re: 500 or less.

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Tending to my garden for six (6) months October 2013 - April 2014
Established Contributor
hot4u
Posts: 744
Registered: ‎04-21-2013

Re: NFCU experience

Navcheck- Mostly people get this because it shows as a cc account on report.

They usually will ask for last two pay stubs and if approved will send papers for you to sign.

Example they gave me $15,000.00  Instantly .

this will help keep my  Total Utilization lower ''

Always keeping an eye:smileywink: never to go over 9% Total Utilization for max scores.

 

 


(Chase)- Freedom, CSP®, United MileagePlus® Explorer, Penfed cash+ rewards/Promise.
Amex’s- BCE, Hilton and SPG®, NFCU Flagship Rewards, FHB Destinations World Elite.
(Citi)- Dividends Platinum Select, AAdvantage® platinum Visa signature,Hawaiian Airlines World Elite


Mega Contributor
Creditaddict
Posts: 18,854
Registered: ‎10-23-2007

Re: NFCU experience

i wouldn't worry about the $500 spend only... unless you are about to apply for something else, just pay each month.

 

it won't be 0%, they just ran that last month.... usually 1 maybe 2 a year they run a  0% offer for 12 months.

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
DigitalArk
Posts: 1,036
Registered: ‎07-07-2013

Re: NFCU experience

I love NFCU as well as USAA! :smileyvery-happy:

Valued Member
Kysmet10
Posts: 31
Registered: ‎02-18-2013

Re: NFCU experience

@hot4u that really put things in perspective thank you!  Now im kinda interested in Navcheck ...

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Tending to my garden for six (6) months October 2013 - April 2014

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