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Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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T-Minus 5 weeks (NFCU is coming!) + Questions

In exactly 5 weeks, I will be eligible for NFCU!!!  Its a good day.  I do have a question.  When I apply for NFCU (even if just for a savings) it would be a hard pull? So when I open account I need to also app for CC?  If so, should I wait till November to app?  November will be 6 month history with new credit cards (my only open CC accounts).  Also, I was thinking of mini app spree in November. 

 

Wanted to target these cards in this order:  1. Zync, 2. NFCU rewards and 3. TU pull (Barclay, Amazon, Walmart, etc.) There maybe a 4th card (Chase Freedom but I think that's a long shot with my payment history).

 

Thoughts?

 

Duncan



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Epic Contributor
Posts: 23,716
Registered: ‎10-23-2007
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions


Duncanrr wrote:

In exactly 5 weeks, I will be eligible for NFCU!!!  Its a good day.  I do have a question.  When I apply for NFCU (even if just for a savings) it would be a hard pull? So when I open account I need to also app for CC?  If so, should I wait till November to app?  November will be 6 month history with new credit cards (my only open CC accounts).  Also, I was thinking of mini app spree in November. 

 

Wanted to target these cards in this order:  1. Zync, 2. NFCU rewards and 3. TU pull (Barclay, Amazon, Walmart, etc.) There maybe a 4th card (Chase Freedom but I think that's a long shot with my payment history).

 

Thoughts?

 

Duncan


Navy HP for ALL APPS!

I would do Zync and Navy then wait for those 2 accounts to show on credit and then hit up Amazon,Walmart,Barclay 1st!, skip Chase until next year if I was you... like April 2013 so all apps will be over 6 months

Fico Scores: EQ- 662., TU 684 Barclay, EX 700 (3/21/15)

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
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Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

Nfcu will be one pull to join.  Another pull for card maybe two.  Any remember 6 statements/months reporting, not just six months.

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Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

[ Edited ]

Duncanrr wrote:

In exactly 5 weeks, I will be eligible for NFCU!!!  Its a good day.  I do have a question.  When I apply for NFCU (even if just for a savings) it would be a hard pull? So when I open account I need to also app for CC? 

Yes, practially everthing with NFCU is a HP

 

If so, should I wait till November to app?  November will be 6 month history with new credit cards (my only open CC accounts).  Also, I was thinking of mini app spree in November. 

 

Wanted to target these cards in this order:  1. Zync, 2. NFCU rewards and 3. TU pull (Barclay, Amazon, Walmart, etc.) There maybe a 4th card (Chase Freedom but I think that's a long shot with my payment history).

If you are interested in Zync and Freedom, you should app in this order (I don't think its a long shot):

Chase Freedom

Amex Zync

GE Backed Card

NFCU Membership

NFCU Credit Card

 

Thoughts?

 

Duncan


See above :smileyhappy:

 

I know you're excited, with good reason.  Save NFCU for last if you want to app for Chase and Amex. 

Edit:  after reading LS's post, I have changed my mind...  Save Freedom for next year :smileyvery-happy:  Amex and NFCU will get you by until then.  Unless you actually shop at the store a lot and want the 0% interest, I would skip the GE backed card.


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

Not sure about that.  Nfcu likely to report high cl compared to existing cards.  Might want that to report before apping to other cards.

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Valued Contributor
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Registered: ‎01-26-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

[ Edited ]

NO need to worry about Amex and nfcu.  Nfcu basically doesn't pull experian and Amex charge cards almost always pull experian.

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Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

Thanks for advice.  Its appreciated.  I will postpone my NFCU membership another month until November.  It would be late Novemember as my statements cut the second half of the month.  That would put current cards at 6 months old and 6 statements prior to new cc apps.

 

I think Ive settled on the order:

1. Zync, 2. NFCU (membership+rewards card); and 3. TU card

 

(Note: Cashem brings up interesting point about difference in pulls - Ive actually targets these cards to spread out inquiries and not have too many inquiries generated on one CRA.  My concern is having a new CC report on CR's 1 month prior to apping for Zync.  Do you think the new credit would hurt Zync app?  I have 2 old closed cards still reporting on EX and they give me ok AAoA on revolving cards on EX.  The addition of another card on EX may lower that.)

 

Duncan



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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Valued Contributor
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Registered: ‎01-26-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

App for nfcu and zync at same time.  Limit for nfcu won't help zync since it is charge card.  Tu card you have to decide.  Possibility of higher limit from nfcu reporting vs lower possibilityfor approval from having new card.

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Valued Contributor
Posts: 2,857
Registered: ‎06-08-2012
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Re: T-Minus 5 weeks (NFCU is coming!) + Questions

[ Edited ]

Crashem wrote:

App for nfcu and zync at same time.  Limit for nfcu won't help zync since it is charge card.  Tu card you have to decide.  Possibility of higher limit from nfcu reporting vs lower possibilityfor approval from having new card.


Im not too concerned about TU card as the ones I've selected typically grow fairly well and I dont need the avialable credit.  I just need the trade line.  I may throw a Chase Freedom app at the very end just to test the waters and get on their radar.



Starting Score: EQ 551 TU 548 CK 607on 6/8/12, EX 542(AMEX pull 3/4/12)
Current Score: EQ 710 TU 727 EX 704 CK 719(FAKO-EX 697, EQ 697, TU 697)
Goal Score: 750

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