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NFCU experience ***UPDATED***

Valued Member

NFCU experience ***UPDATED***

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
Message 1 of 12
11 REPLIES
Established Contributor

Re: NFCU experience

NavCheck is overdraft line of credit.

 

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

Current scores (FICO 8): EX-793, EQ-766, TU-760
NFCU Flagship $22K | NFCU Cashrewards $22K | Discover IT $34K | SECU Visa $10K | CSR $15K | Chase Marriott $11.5K | Chase Freedom $11.5K | Chase Amazon Visa 8.5K | AMEX SPG $23K | AMEX Hilton Surpass $15K | AMEX PRG | Aviator Red $26K | Citi TY Premier $11.6K | BoA Premium Rewards 23k | BoA Cash Rewards $15k | USAA AMEX $6K | Cap1QS $8K | BJs MC $13K | Walmart MC $5.1K | Loft MC $11,250 | Macy’s Store/Amex $10K/$4K | BR Visa $5K | JCP $7.5K | Kohl’s $3K | VS $3.2K | Home Depot $10K | Lowes $8.5K | Target $4.5k
Message 2 of 12
Senior Contributor

Re: NFCU experience

Congrats on becoming a Navy member!Smiley Happy

 

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!

Message 3 of 12
Regular Contributor

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 $4200-0, JCP 2100-0, Chase 3000-0, Chase Freedom $4500.00-0, WF $1000.00-0.00
In Use: NFCU Visa Sig $17.5k- 0.00k
I still have too MANY CARDS
Starting Score 538
Current Score Oct 30-14 701 fico Eq-- 745 Fico Tu-- 713 Fico Ex
Message 4 of 12
Regular Contributor

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 $4200-0, JCP 2100-0, Chase 3000-0, Chase Freedom $4500.00-0, WF $1000.00-0.00
In Use: NFCU Visa Sig $17.5k- 0.00k
I still have too MANY CARDS
Starting Score 538
Current Score Oct 30-14 701 fico Eq-- 745 Fico Tu-- 713 Fico Ex
Message 5 of 12
Valued Member

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
Message 6 of 12
Established Contributor

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 eyeSmiley Wink never to go over 9% Total Utilization for max scores.

 

 


(Chase)- Freedom, CSP®, United MileagePlus® Explorer, Marriott Rewards® Premier, Penfed cash+ rewards/Promise/Defender.
Amex’s- BCE, Hilton, SPG®, PRG® and Blue®, NFCU Cash Rewards, FHB Destinations World Elite.
- Amex Centurion,(Citi) Executive/Platinum® Advantage


Alaska Airlines
Message 7 of 12
Epic Contributor

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.

Message 8 of 12
Valued Contributor

Re: NFCU experience

I love NFCU as well as USAA! Smiley Very Happy
Message 9 of 12
Valued Member

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
Message 10 of 12