topic Re: Navy Federal Shocker! in Credit Card Approvals

Navy Federal Shocker!

Anonymous — Fri, 22 Mar 2019 20:47:54 GMT

I applied for a NFCU Go Rewards cats over 3 months ago and was approved with a 1000. Starting limit. I tried for an increase today and was given a bump to 3000. I decided to try and apply for the Cash Rewards and was approved with a 20K limit. I have to keep rechecking my email because I don’t believe it. My current TU is 695. It wasn’t that long ago that I couldn’t get anything besides store cards. The advice from this group has been invaluable and I am sooooo excited that all of my hard work is finally paying off.

Re: Navy Federal Shocker!

Anonymous — Fri, 22 Mar 2019 20:48:54 GMT

That’s a great result and a killer SL - congrats!

Re: Navy Federal Shocker!

Anonymous — Fri, 22 Mar 2019 20:57:54 GMT

Congrats on your approval and Monster SL !!!!!

Navy Strikes again

Re: Navy Federal Shocker!

Anonymous — Fri, 22 Mar 2019 22:00:08 GMT

This is such awesome news!!! You killed it! Congratulations!

Re: Navy Federal Shocker!

pinkandgrey — Fri, 22 Mar 2019 22:28:29 GMT

And here we have another heart attack brought to you by NFCU lol. They love shocking people with those astronomical limits. Congrats!

Re: Navy Federal Shocker!

RickNATL — Sat, 23 Mar 2019 01:25:17 GMT

Nice job. I hate I am at the max for NFCU CCs now....

Re: Navy Federal Shocker!

Marz2002 — Sat, 23 Mar 2019 01:56:12 GMT

YOU...

CONGRATS on the CLI, the Approval, and the LEGENDARY SL!!!

Re: Navy Federal Shocker!

19eighty5 — Sat, 23 Mar 2019 05:20:10 GMT

Congratulations!

Re: Navy Federal Shocker!

Anonymous — Sat, 23 Mar 2019 12:10:39 GMT

That is awesome! I’m slowly working towards being in your shoes one day

Re: Navy Federal Shocker!

Cred4All — Sat, 23 Mar 2019 12:16:01 GMT

Congrats on the great approval and SL!

Re: Navy Federal Shocker!

Anonymous — Sat, 23 Mar 2019 17:03:21 GMT

Congrats on both your approvals! I absolutely LOVE Navy!!

Re: Navy Federal Shocker!

Anonymous — Sat, 23 Mar 2019 17:14:56 GMT

Congrats,

I still don't get it how some peeps get high SL with NFCU, when I have and keep excellent credit scores, payments, AAoA etc etc... I've been with NFCU 2+ years, and when I apped for the Plat Visa, my SL was only $5600.?? I see stories like this all the time here, where peeps with collections, low scores, bankruptcies, and all kind of problems, and they get 3-4x the SL I and some others did from Navy ??? I just don't understand the underwriters with Navy sometimes... Not that you have any or all these type problems, etc, But smh, and again Congrats to you tho...!!!

Re: Navy Federal Shocker!

Brian_Earl_Spilner — Sat, 23 Mar 2019 17:18:55 GMT

@Anonymous those high limits are usually the second card. Your SL is very good for a first card.

Re: Navy Federal Shocker!

Anonymous — Sat, 23 Mar 2019 18:16:46 GMT

I used to have a lot of problems tht I have spent quite a bit of time cleaning up. I don’t have any collections or late payments. I have two closed/paid collections that are two months from disappearing but I also have high income and I pay everything in full every month so my DTI is low. Maybe that’s the combination?

Re: Navy Federal Shocker!

sports1965 — Sat, 23 Mar 2019 19:15:12 GMT

They gave me as secured card with a 9 year old BK 7 and a 9 month old BK13!

Re: Navy Federal Shocker!

ridgebackpilot — Sat, 23 Mar 2019 20:14:24 GMT

@Anonymous wrote:
Congrats,
I still don't get it how some peeps get high SL with NFCU, when I have and keep excellent credit scores, payments, AAoA etc etc... I've been with NFCU 2+ years, and when I apped for the Plat Visa, my SL was only $5600.?? I see stories like this all the time here, where peeps with collections, low scores, bankruptcies, and all kind of problems, and they get 3-4x the SL I and some others did from Navy ??? I just don't understand the underwriters with Navy sometimes... Not that you have any or all these type problems, etc, But smh, and again Congrats to you tho...!!!

If it makes you feel any better, I had exactly the same experience. Joined NFCU, got approved for the Flagship card with only a $10K SL, and was approved at 91/3 for a CLI to $18K. No $25K limit even though my scores and income are high and my UTIL and DTI are very low!

I guess the take-home message is that if you want a high SL with Navy, apply for a second card instead of a CLI...

Re: Navy Federal Shocker!

Anonymous — Sat, 23 Mar 2019 21:46:36 GMT

@Anonymous wrote:
Congrats,
I still don't get it how some peeps get high SL with NFCU, when I have and keep excellent credit scores, payments, AAoA etc etc... I've been with NFCU 2+ years, and when I apped for the Plat Visa, my SL was only $5600.?? I see stories like this all the time here, where peeps with collections, low scores, bankruptcies, and all kind of problems, and they get 3-4x the SL I and some others did from Navy ??? I just don't understand the underwriters with Navy sometimes... Not that you have any or all these type problems, etc, But smh, and again Congrats to you tho...!!!

If somone posts about a 10k SL with Chase or even a 5600...they are celebrated! Yet here we are expecting 25k approvals...

$5600 is a good SL.

Check out the Navy additional card and cli thread with 900+ pages of data and see where you line up.. might put things into perspective.

Re: Navy Federal Shocker!

Brian_Earl_Spilner — Sat, 23 Mar 2019 21:51:35 GMT

@ridgebackpilot wrote:
@Anonymous wrote:
Congrats,
I still don't get it how some peeps get high SL with NFCU, when I have and keep excellent credit scores, payments, AAoA etc etc... I've been with NFCU 2+ years, and when I apped for the Plat Visa, my SL was only $5600.?? I see stories like this all the time here, where peeps with collections, low scores, bankruptcies, and all kind of problems, and they get 3-4x the SL I and some others did from Navy ??? I just don't understand the underwriters with Navy sometimes... Not that you have any or all these type problems, etc, But smh, and again Congrats to you tho...!!!
If it makes you feel any better, I had exactly the same experience. Joined NFCU, got approved for the Flagship card with only a $10K SL, and was approved at 91/3 for a CLI to $18K. No $25K limit even though my scores and income are high and my UTIL and DTI are very low!

I guess the take-home message is that if you want a high SL with Navy, apply for a second card instead of a CLI...

That's the consensus here based on the data points. Don't apply for the card you want the most first. It won't grow like the second one.

Re: Navy Federal Shocker!

Anonymous — Mon, 25 Mar 2019 19:29:59 GMT

Congrats, I just joined a week ago and was approved for a Checking/Savings account I am excited, my next step is to get the secured credit card. Having a recently discharged CH7 had me hesitant to apply. This forum is priceless, I'm very appreciative as well.

Re: Navy Federal Shocker!

Anonymous — Mon, 25 Mar 2019 21:17:35 GMT

@prosperity66

Good deal, Not sure if your aware or not, but NFCU DOES NOT do a HP for membership any more..!!! But you will love it @ NFCU, you'll (if like me) NEVER go back to any other bank, especially like BOA, Wells Fargo, etc... I personally think NFCU has way better rates (higher in savings, certificates, IRA'S , and lower APR's for auto loans, mortgage rates, etc, even better than USAA...!!! Enjoy...!!!