Credit Cards

[martinkk]

Thanks guys. Without this board, I never would have even known they existed. Worked out well for me. Thank you for your insight.

[martinkk]

Visa Signature cashRewards card.

[Dustink]

Nice, congrats!

[distantarray]

what kinda credit limits do you have besides this?

[martinkk]

I have a CapOne Venture Rewards (3500)

Sam's (600)

A small Capone (500). I think it used to be Orchard Bank maybe)

A brand new Best Buy (2500)

I also have an Arvest Corporate Card (5000) but it never reports on my credit report.

[distantarray]

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martinkk wrote:

I have a CapOne Venture Rewards (3500)

Sam's (600)

A small Capone (500). I think it used to be Orchard Bank maybe)

A brand new Best Buy (2500)

I also have an Arvest Corporate Card (5000) but it never reports on my credit report.

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lol damn did you PC your Cap One? That's a big jump from your credit other credit cards.  Also I would drop Capital One Venture card since you got Navy =x Flagship Rewards is cheaper annual fee and samething with better customer service.  Flagship = 1 point per purchase but Flagship's points are worth 2x. Or better yet use the Flagship as a reason to stop doing business with Capital one and try to recon them into raising your credit limits on it to match or exceed Navy

[Epcot]

Very nice, Congrats!

[martinkk]

that is kind of what I was trying to do. I,ve had the CapOne since 08 after BK in 12/06. Started secured by 1000 for 1500 CL. About two years ago,they offered the PC and returned my deposit. I've asked for a CLI twice since with no luck. I use it excessively and often pay more than once a month so I can keep using and that one card totally controlled my credit score.  I explained this to NFCU. For a long time, (until now, actually) I made the mistake of paying in full before statement date so always reported zero, but CapOne knew I used it a lot. 

[webhopper]

Congrats!!! Agree with others that this will be a perfect opportunity to move your cap 1 business over to NFCU flagship card!

[iCoop]

Congrats OP!

I also just started with NFCU and opened a checking, savings, ira, credit card, and overdraft line of credit. I applied for and was approved for a refinance on my auto loan but they offered an interest rate of 4.99% and I currently receive 1.49% from PenFed so I withdrew my app.

The NFCU credit card I applied for was the Platinum VISA and it was approved with a $14,000 credit limit and 12.99% interest rate. The other cards that I have are:

Chase Amazon VISA ($2K limit)

Barclaycard Ring ($2K limit)

Discover IT ($1,200 limit)

Delta CU Visa ($500 limit)

Macys Store Card ($350 limit)

Kay Jewelers ($6000 limit)

As for the overdraft line of credit I requested $1000 and received that amount.

So you can see I was HIGHLY surprised when they approved the credit card for that much. Although I would have rather had a reduced APR instead of the increased CL. The Platinum NFCU card can have an APR as low as 7.99%. Thank goodness I only carry balances from time to time.