topic Re: Another NFCU auto-CLI in Credit Card Approvals

Another NFCU auto-CLI

Anonymous — Tue, 27 Mar 2012 12:17:29 GMT

Very thankful I found NFCU based on this board's input. Was lucky enough to qualify, and I couldn't be happier with them.

Opened 10/7/09 with a $14K CL (highest at the time). Since then I have not requested any increases, and I have gone 14K->16.5K->19.8K->23.8K as of my March 2012 statement. It has been on roughly the anniversary or half anniversary each time, with a miss at 6 and 24 months.

Just thought I'd share since a lot of posts lately have been asking about auto-CLI's from NFCU. I have seen many others with the exact same starting limit and the same incremental increases, so maybe their credit tiers have pre-destined CLI's programmed in. To save people from doing the math, each of these increases is right around 20% of the existing CL.

Hoping to get a mortgage through them soon. They denied me last year due to a BK7 filed 12/04, discharged 3/05... Wouldn't budge on a "7 years from discharge" stance.... Tomorrow is 7 years exactly, and I will be re-applying on friday with my fingers crossed! :-)

Re: Another NFCU auto-CLI

Anonymous — Tue, 27 Mar 2012 12:20:49 GMT

@Anonymous wrote:
Very thankful I found NFCU based on this board's input. Was lucky enough to qualify, and I couldn't be happier with them.
Opened 10/7/09 with a $14K CL (highest at the time). Since then I have not requested any increases, and I have gone 14K->16.5K->19.8K->23.8K as of my March 2012 statement. It has been on roughly the anniversary or half anniversary each time, with a miss at 6 and 24 months.

Wow nice! Very jealous...

I hate all the NFCU threads. I really need to figure out a way to join.

Re: Another NFCU auto-CLI

Repo-ed — Tue, 27 Mar 2012 12:22:43 GMT

That is reallly really awesome!

Re: Another NFCU auto-CLI

pizzadude — Tue, 27 Mar 2012 14:13:23 GMT

Congrats on the auto~CLIs ! NFCU approvals and CLIs are among the best !

Re: Another NFCU auto-CLI

IOBA — Tue, 27 Mar 2012 14:17:49 GMT

jausanka - at 6 month and 24 month miss dates - were you carrying a balance on the card? Just curious!

Re: Another NFCU auto-CLI

Anonymous — Tue, 27 Mar 2012 15:43:39 GMT

@IOBA wrote:
jausanka - at 6 month and 24 month miss dates - were you carrying a balance on the card? Just curious!

Sorry, I meant to post more details but I had to do this "work" thing my boss keeps harping about ;-)

Just about the entire time I have had the NFCU card, I have carried somewhere between a significant balance and a ridiculous balance. Typically, I have loaded up the card when the 0% BT offer comes up, pay about $500 per month, then transfer more (I have plenty of existing debt to support that habit, unfortunately). When I first got it, I think I transferred about 8k, but immediately made a big payment so I wouldn't report above 50% util on the statement... I have typically carried between $4k and $7k since, never exceeding 50% util, always paying $250-$500 per month (I just have $250 per bi-weekly paycheck direct deposited to Navy and use it as my payment)... I used the card intermittently throughout the year for a couple of decent sized purchases I didn't want to pay in full, but the $500 per month payments quickly took care of those balances since they were at the purchase APR and got paid off before the 0%.

I highlighted "direct deposit", since I agree with others who have posited that DD affects your overall relationship with NFCU.

Re: Another NFCU auto-CLI

LS2982 — Tue, 27 Mar 2012 15:46:06 GMT

@Anonymous wrote:
Very thankful I found NFCU based on this board's input. Was lucky enough to qualify, and I couldn't be happier with them.
Opened 10/7/09 with a $14K CL (highest at the time). Since then I have not requested any increases, and I have gone 14K->16.5K->19.8K->23.8K as of my March 2012 statement. It has been on roughly the anniversary or half anniversary each time, with a miss at 6 and 24 months.

Just thought I'd share since a lot of posts lately have been asking about auto-CLI's from NFCU. I have seen many others with the exact same starting limit and the same incremental increases, so maybe their credit tiers have pre-destined CLI's programmed in. To save people from doing the math, each of these increases is right around 20% of the existing CL.

Hoping to get a mortgage through them soon. They denied me last year due to a BK7 filed 12/04, discharged 3/05... Wouldn't budge on a "7 years from discharge" stance.... Tomorrow is 7 years exactly, and I will be re-applying on friday with my fingers crossed! :-)

Congrats!!!!

Re: Another NFCU auto-CLI

Anonymous — Tue, 27 Mar 2012 16:08:40 GMT

My NFCU Platinum Visa just took the leap from 19.8K to 23.8K on the March statement also. It is about 3 months shy of my 24 month anniversary. Just got the raise to 19.8K in December. My CL progress has been an exact copy of the OP's. I got the first increase at 6 months and then an increase at 1 year. All have been auto CLI's, no request on my part. I have carried a balance the whole time. Transferred about 4K over during one of their periodic 0% offers. Currently have a 6.5K balance.

I also have direct deposit with NFCU for my payroll along with a small savings account. I have NAVCHEK which I apped for a couple years ago. Started at 5K and late last year asked for and received an increase to 15k. I don't use that account other than to balance utilization on my CR's. I NFCU!!!

Re: Another NFCU auto-CLI

bichonmom — Tue, 27 Mar 2012 16:27:13 GMT

Congrats!

Did they send you an email, or you just saw the increase when they mailed you your statement? I'm very much hoping for an auto-CLI and saw that they did soft me at the end of last month.

Re: Another NFCU auto-CLI

MsLadyRover — Tue, 27 Mar 2012 16:31:43 GMT

Congratulations! I'm keeping my fingers crossed for a nice CLI at my 6 month mark

Re: Another NFCU auto-CLI

frio — Tue, 27 Mar 2012 17:03:40 GMT

Entering my 1yr mark with NFCU and have yet to have a auto-cli. It will be 1yr in April. Never late and carry a balance as well

Re: Another NFCU auto-CLI

bichonmom — Tue, 27 Mar 2012 17:07:03 GMT

@frio wrote:
Entering my 1yr mark with NFCU and have yet to have a auto-cli. It will be 1yr in April. Never late and carry a balance as well

@They are a hard one to figure out. I've seen people with worse credit history than me getting 5-digit CLs and they gave me a piddly $2k limit. They claim to have algorigthms to prevent discrimination, but God only knows how they work if that's the case. Hope you get a CLI @ 6 mos!

Re: Another NFCU auto-CLI

frio — Wed, 28 Mar 2012 13:35:47 GMT

@bichonmom wrote:
@frio wrote:
Entering my 1yr mark with NFCU and have yet to have a auto-cli. It will be 1yr in April. Never late and carry a balance as well
@They are a hard one to figure out. I've seen people with worse credit history than me getting 5-digit CLs and they gave me a piddly $2k limit. They claim to have algorigthms to prevent discrimination, but God only knows how they work if that's the case. Hope you get a CLI @ 6 mos!

Yeah i had to ask for a cli and got a 1k CLI. Im thinking about doing one today maybe since im 3 days from my 1yr anniversary

Re: Another NFCU auto-CLI

Anonymous — Wed, 28 Mar 2012 14:45:14 GMT

Why wouldn't you wait till after your 12th statement and not take the HP unless necessary?

Re: Another NFCU auto-CLI

frio — Wed, 28 Mar 2012 14:58:12 GMT

@Anonymous wrote:
Why wouldn't you wait till after your 12th statement and not take the HP unless necessary?

Not sure how valid this is but, I was talking to a CSR at NFCU and because I requested a CLI 3 months ago they might not do an automatic CLI at my 12th statement.

Re: Another NFCU auto-CLI

MidnightOwl — Thu, 27 Jun 2013 00:03:12 GMT

I've been getting $ 1600 auto cli every 5 months since 2010. I've only requested 1 increase 6 months after i got my Rewards visa card & now I get them automatic. I started off at $1500 in 2010.