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Valued Member
Posts: 35
Registered: ‎02-05-2017
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NFCU Partners w/ AMEX

I was reading this article and wanted to get some thoughts. Im curious what the approval would look like for this since I cant get an AMEX for another couple of years (due to BK). -- Here's the article from business wire: http://www.businesswire.com/news/home/20170509005091/en/Rewards-Store-Navy-Federal-Members-American-...
CH7 Discharged: 11/2015 // NFCU cRewards Visa - $19,500 | NFCU CLOC #1 - $15k | NFCU CLOC #2 - $15k | Sleep Number - $5k | Lowes - $5k | Capital One QS - $3k | Capital One Platinum - $600 | Discover IT (AU) - $2,100 | USAA Secured Visa (AU) - $1,500 || TOTAL CREDIT LIMIT: $66,700 // Gardening til June 2019
Senior Contributor
Posts: 8,938
Registered: ‎04-23-2016

Re: NFCU Partners w/ AMEX

Good readSmiley Happy. Well, since its not the actual Amex with whom you are blacklisted , you will have a shot if you meet the requirements set up by Navy and UW. Im sure there will be a bunch of apps for this as a) its a new card, and b) alot of people seem to want 2 and 3 Navy cards to get the big sls. Smart move on Amex's partSmiley Happy
Valued Member
Posts: 35
Registered: ‎02-05-2017
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Re: NFCU Partners w/ AMEX

I agree with it being a smart move *smiles. Im looking forward to adding this as a 2nd card with NFCU (not looking for a 3rd with NFCU).Until then... to the garden I go!
CH7 Discharged: 11/2015 // NFCU cRewards Visa - $19,500 | NFCU CLOC #1 - $15k | NFCU CLOC #2 - $15k | Sleep Number - $5k | Lowes - $5k | Capital One QS - $3k | Capital One Platinum - $600 | Discover IT (AU) - $2,100 | USAA Secured Visa (AU) - $1,500 || TOTAL CREDIT LIMIT: $66,700 // Gardening til June 2019
Valued Contributor
Posts: 1,844
Registered: ‎10-10-2011

Re: NFCU American Express


UncleB wrote:

My other thought is that they might offer a 2.5% card similar to USAA, but of course that's just my own idle speculation... LOL.

This would be a TOTAL game changer for a lot of people!! Let's hope this is what it is. With Amex higher swipe fees, they would be in a position to do this. 

 

Excellent read!


Current Scores 3/2016 Equifax 676 Transunion 697 Experian 648 Goal Scores: 720's accross the board. Gardening Goal: 3/2017
Established Contributor
Posts: 702
Registered: ‎01-24-2008
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Re: NFCU American Express

I know they pull tu for credit cards is it possible because it's a Amex they will pull a equifax or ex?
Moderator
Posts: 17,470
Registered: ‎12-30-2011
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Re: NFCU American Express


kugel wrote:
I know they pull tu for credit cards is it possible because it's a Amex they will pull a equifax or ex?

No, this is just Amex the transaction network, not Amex Centurion Bank.  Pulls for UW this card will be the same as NFCU does anyway.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


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Moderator
Posts: 9,185
Registered: ‎08-12-2013
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Re: NFCU American Express


kugel wrote:
I know they pull tu for credit cards is it possible because it's a Amex they will pull a equifax or ex?

The payment network wouldn't have any bearing on NFCU's UW practices.   This is a credit product issued by NFCU using the AMEX payment network.   While Centurion Bank typically pulls EX, NFCU pulls TU for their CC apps.  Of course, this could change in the future, but it would likely affect all of their products.  



Start: 619 (TU08, 9/2013) | Current: 791 (TU08, 8/15/17)
Sam's Club MC $25000 | Marvel MC $25000 | Macy's AMEX $25000 | AMEX BCE $20400 | Macy's Store $20000 | Discover IT $18000 | BoA BBR #1 $17200 | Cap 1 QS WMC $16500 | NFCU CLOC $15000 | JCP $15000 | Citi DC $12600 | BofA BBR #2 $11800 | Chase Disney Visa $11500 | Care Credit $10200 | CashForward WMC $10000 | Barclay Rewards WMC $10000 | WCU Visa $10000 | Cash+ VS $9000 | Amazon Store $8000 | Blispay $7500 | Sony Card $4250 | Target MC $4000 | Costco Anywhere $3200 | ~~Gardening Since 4/5/16
Established Contributor
Posts: 588
Registered: ‎03-07-2007

Re: NFCU American Express

i wonder if navy will let us convert a current card to the amex when availible 

fico 08 08/01//2017 tu 629 eq 637
ex 611 overstock 0/2250 disc secured 0/ 300 credit one 0/450 navy c rewards 1000/3500 navy plat mc 0/2000 penfed oloc 0/500 x 2 mjc 0/5000 wally world 0/200 carecredit 0/800 eq 05 bankcard 669 if i knew who pulled it
Established Contributor
Posts: 702
Registered: ‎01-24-2008

Re: NFCU American Express

I think they pull your credit for that
Not like PenFed u can just convert
Frequent Contributor
Posts: 370
Registered: ‎05-06-2017

Re: NFCU American Express

Any update on the timeframe other than "fall 2017?" My 91 days is up in August so I had a vested interest.

Starting Scores 03/17/2017 EQ 491 TU 495 EX465 Currently 09/01/2017 EQ 569 TU 564 EX 551

$300 Open Sky/ $2K NFCU CashRewards/$5.1K NFCU Flagship Rewards

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