topic Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval in Credit Card Approvals

Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 07:18:27 GMT

The credit story rebirth began...

Two years ago exactly today (30 minutes ago to be exact) I stumbled onto two different credit forums MyFico.com and CB.com that forever changed all my businesses and my life.

When I first joined the word on the credit forum street was all about how amazing the three credit union horsemen who were known as...

- Navy Federal Credit Union (NFCU)

- Pentagon Federal Credit Union (PenFed)

- NASA Federal Credit Union

I knew I would never be able to get into NFCU since I'm not related to anyone in the military, which is heralded as the Mount Olympus of credit unions. I thought maybe I could get into PenFed and NASA. Skip forward two years later and after pulling my TU FICO 08 from MyFico I was poised to apply online for an NFCU Flagship Signature Visa.

*Another additional data point = UTI was 7% and 3 total TU inquiries at time of application.

As the credit gods would have it I tried to apply online, but the submit button for the disclosures had a glitch and after trying two different browsers and computers I decided to apply online on my S7 phone. Not a good omen I thought.

Another curveball was thrown at me when I saw this pop up below on the Navy website. Mama didn't raise a CreditLuv dummy, so I decided to apply for the CashRewards for my first card rather than the Flagship.

As the timeless Ferris Buehler once said, "Life (credit life) moves pretty fast. If you don't stop and look around once in a while, you could miss it."

Then in a matter of seconds, I was instantly approved for this amount and interest with no POI.

To top things off I will get the shiny new card by noon tomorrow via FedEx.

I could ask and get a bigger credit line if I would be willing to show POI or get the $15K NavCheck. But my plan has always been to wait three months after I get approved for an NFCU CC and then show one of my businesses bank statements for the NavCheck approval and then ask for a CLI at that time. I'll also pick @creditaddict brain and hopefully some of his NFCU credit voodoo tricks and strategies still work.

For all of the newbies on here or people with several years left before baddies fall off and you see the good to great credit light. Two years flys by in a flash but someday's and even months feel like you're trying to crawl through a puddle of credit sewage (think the iconic Andy Dufresne crawling through sewage scene in The Shawshank Redemption).

One of the best quotes from Bill Gates is, "Most people overestimate what they can do in one year and underestimate what they can do in ten years."

Credit prison only lasts a maximum of 7 years, so don't look at one year look at what you can do within 2-3 years.

May The Credit Force Be With You Always.

CreditLuv

P.S. NASA blows super huge chunks (that intel and tragic story will be told this weekend so stay tuned). @Captool was right about them.

P.P.S Thanks, Senorita Baller for the one post I saw from you that led me to learn how to get into NFCU easily and properly.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

NYFan63 — Fri, 02 Sep 2016 06:40:19 GMT

Congrats CreditLuv. Awesome SL and GREAT rate! Thanks for sharing.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

UncleB — Fri, 02 Sep 2016 06:53:59 GMT

Huge congrats on an awesome approval!

I can't say I'm surprised, though... I had a feeling things would go well for you!

P.S. Thanks for the data points!

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Aduke1122 — Fri, 02 Sep 2016 07:03:54 GMT

Congrats CreditLuv this is amazing ! I'm glad you got what you.wanted and hoped for.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 07:10:50 GMT

What I wanted and hoped for was a Playboy Playmate from Santa Claus, but I'll take high credit limits with low-interest rates as modest consolation prizes.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 07:13:31 GMT

@UncleB

From our talks when NFCU asked on the application about employment I put down private employer full-time instead of choosing self-employed. Those were the only two options that applied to me.

Hopefully, when I app PenFed in December they will be at least 80% as kind on my credit card application.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

DoroLucky — Fri, 02 Sep 2016 08:23:12 GMT

I love reading your approval threads lol....congrats!!

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

DoroLucky — Fri, 02 Sep 2016 08:23:35 GMT

You're a good story teller 😃

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

baller4life — Fri, 02 Sep 2016 11:06:03 GMT

Awesome sauce!! I knew you would do very well with Navy Fed!! I also told you to be leary of NASA. They are the worse CU I have dealt with. Can't wait to read about your experience. 😩

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 12:22:58 GMT

I just love your approval stories Congrats!

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

YellowBanana — Fri, 02 Sep 2016 13:41:45 GMT

That is so awesome CREDITLUV!!! Congratulations! You have my dream score of 777!!

Show me the way!! show me the way!! lol

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

ddemari — Fri, 02 Sep 2016 15:19:22 GMT

big congrats to you! stellar approval! glad you got the card with that amazing limit and low apr. Enjoy.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 16:04:02 GMT

Congratulations!! I envy you on APR

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 18:55:13 GMT

Wow! Congrats Credit! That's a great SL and APR. I'm still waiting approval for my membership from them about 2+ weeks now

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

baller4life — Fri, 02 Sep 2016 18:58:04 GMT

@Anonymous wrote:
Wow! Congrats Credit! That's a great SL and APR. I'm still waiting approval for my membership from them about 2+ weeks now

Oh you should call. They can locate your app and approve you while you are on the phone. It doesn't take that long anymore since they got caught up!

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 20:51:20 GMT

Thanks Baller . I have been caling them every week and they always say it's still Pending and instructed to call them back a week after

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Fri, 02 Sep 2016 20:58:48 GMT

I posted on June 22nd that I walked into an NFCU branch (drove almost 2 1/2 hours RT) and walked out in 28 minutes with membership approval, savings account, checking account, and working NFCU debit card w/chip card in 28 minutes flat using the Navy League method.

I used my timer app on my phone to clock the time I spent setting everything up.

Then I applied yesterday late afternoon for my first CC with NFCU and in LESS than 24 HOURS from the time I applied via their mobile app I was approved for a $25K CC @9.9% + $200 bonus ($3K spend in 3 months) in my hands, activated, ATM pin setup and I used the card twice for gas and oil change.

YMMV with NFCU Navy League access is an understatement, to say the least from person to person!

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Sat, 03 Sep 2016 00:51:24 GMT

Did you freeze your EQ before you applied?

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

Anonymous — Sat, 03 Sep 2016 02:43:20 GMT

Yep, I popsicled my EQ before I applied for the CC just in case NFCU tried to get cute with me.

Re: Navy Federal (NFCU) CashRewards $25,000 @9.9% + $200 Bonus Instant Approval

credit_endurance — Sat, 03 Sep 2016 06:04:58 GMT

Congrat CreditLuv! I just knew you would get a good SL and great APR. 9.99 now that's what im talking about