New Member...Just thought I would share!

[C7LT1]

Hello all,

I just started reading this forum about a month ago. My credit history went from none-to-good-to-bad and back to decent over the last 9 years.
I have not had a credit card in 6 years. After reading all the good stuff about NFCU and PenFed I decided to start a relationship with both. I have been with USAA for the past 7 years and will continue to use them as my main bank. Their customer sevice and website is the best IMO.

NCFU

-Opened a checking and savings account on 5/10

-Apped for a Visa Cash rewards on 5/17 approved for 14k CL.

PenFed

Opened a saving account on 5/12

Apped for a AmEx Defender card on 5/12 approved for 5K

Apped for a Platuim reward card on 5/21 approved for 1.5K

Eq Fico was 687 at the time with 3 open installment loans (Car, Motorcycle and Student loan) totalling 24k and AU on one CC with 50% untilzation ($2500 balance should be paid off in 2 months. I have 3 baddies on my report one will drop this year, one next year and the last one will be 2016. I have already started GWing.

The reason I started these these relationships is because I improve my score by having a good mix of credit and in 2015 I plan of taking out a $50k car loan and they same to have the best interest rates and I found threads from 2008 that said the same thing.

[myjourney]

Congrats and continued success

[asphaltcowboy]

Congrats on all your recent success and welcome to the forum!!

[C7LT1]

Thank you, Thank you!

[BearsAndTurtlesRtheBest]

Your on a roll! Excellent work!

[FocusedAndDetermined]

Fabulous turnaround - congrats.  ...and welome to the forums.

[ccnewcc]

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@C7LT1 wrote:

Hello all,

I just started reading this forum about a month ago. My credit history went from none-to-good-to-bad and back to decent over the last 9 years.
I have not had a credit card in 6 years. After reading all the good stuff about NFCU and PenFed I decided to start a relationship with both. I have been with USAA for the past 7 years and will continue to use them as my main bank. Their customer sevice and website is the best IMO.

NCFU

-Opened a checking and savings account on 5/10

-Apped for a Visa Cash rewards on 5/17 approved for 14k CL.

PenFed

Opened a saving account on 5/12

Apped for a AmEx Defender card on 5/12 approved for 5K

Apped for a Platuim reward card on 5/21 approved for 1.5K

Eq Fico was 687 at the time with 3 open installment loans (Car, Motorcycle and Student loan) totalling 24k and AU on one CC with 50% untilzation ($2500 balance should be paid off in 2 months. I have 3 baddies on my report one will drop this year, one next year and the last one will be 2016. I have already started GWing.

The reason I started these these relationships is because I improve my score by having a good mix of credit and in 2015 I plan of taking out a $50k car loan and they same to have the best interest rates and I found threads from 2008 that said the same thing.

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Having been a member of USAA for roughly 2 decades, I would question why someone would want to keep them as their main bank. 

Food for thought:  If you have a savings account with USAA you are only earning 0.2% if you have 10k or more in your account.  If you have USAA's performance first savings account, you are only earning 0.3% if you have 50k or more in your account.

Whereas with NFCU:  You earn 0.25% in a regular share savings account.  And with a MMSA, you can earn 0.4% to 0.55% on 50k or more.  And checking earns 0.05% compared to USAA's 0.01% 

You can put your money to work more with NFCU than with USAA.

[09Lexie]

Congrats!

[ccnewcc]

Oops, unintentional post

[crunching_numbers]

Welcome to the forums, thanks for sharing, and keep up the good work.