topic Re: Approval for NFCU Cash Rewards in Credit Card Approvals

Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 01:17:05 GMT

Hi everyone, I've been lurking for a few months and decided to create a profile.

I joined Navy Federal last week and called a couple of days later to see if I was prequalified for anything.

The rep said all unsecured cards, so I went with the cash rewards and got $600.

I also have the following:

Discover secured - CL $300 // 4 statements so far

Capital One unsecured - CL $1500 // 3 statements so far, app says will get CLI to $2k in Feb 2020

BMW Financial - $59,000 // opened September 2016 (traded it in)

BMW Financial - $62,000 // opened July 2019

Authorized user

Wells Fargo - CL $8,500 // opened June 2013 (DH)

Capital One - CL $6500 // opened August 2013 (DH)

I had a major financial setback in 2009 after the economy crashed. I burned AMEX & CITI business cards during that time and my SSN was attached. Everything recently fell off my credit reports back in May. I did not file a BK.

I want to increase the limit on the Navy Fed Cash Rewards and apply for my second one then put the other 2 in the sock drawer. Any advice?

Thanks!!

Re: Approval for NFCU Cash Rewards

AllZero — Sat, 09 Nov 2019 01:22:11 GMT

Congratulations on your approval!

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 01:25:50 GMT

Thank you @allzero!!

Re: Approval for NFCU Cash Rewards

AllZero — Sat, 09 Nov 2019 01:25:26 GMT

You're eligible for CLI or 2nd card at 91 days and 3 statements from last approval.

With your starting limit, I would recommend waiting 6 months to strengthen your relationship with Navy.

Re: Approval for NFCU Cash Rewards

AllZero — Sat, 09 Nov 2019 01:38:22 GMT

Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 01:41:08 GMT

I have a quicksilver one.

@AllZero wrote:
Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

Re: Approval for NFCU Cash Rewards

AllZero — Sat, 09 Nov 2019 01:44:16 GMT

^ Try the upgrade occasionally to get you out of the annual fee of the QS1.

Re: Approval for NFCU Cash Rewards

snickerpedia — Sat, 09 Nov 2019 01:44:50 GMT

I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 01:48:00 GMT

@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!

Hi, and thank you!! I don't know what their flagship is, eeek!

I was thinking I wouldn't get approved for AMEX since my SSN is attached to a defaulted business card.

Re: Approval for NFCU Cash Rewards

Jnbmom — Sat, 09 Nov 2019 01:53:06 GMT

@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!

I highly doubt they would get the Flagship since their starting line is 600.

Re: Approval for NFCU Cash Rewards

snickerpedia — Sat, 09 Nov 2019 01:58:23 GMT

@Jnbmom wrote:
@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!
I highly doubt they would get the Flagship since their starting line is 600.

Well I’m just saying cause they were preapproved for all unsecured cards.

Re: Approval for NFCU Cash Rewards

snickerpedia — Sat, 09 Nov 2019 02:00:56 GMT

@happyelle wrote:

@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!
Hi, and thank you!! I don't know what their flagship is, eeek!I was thinking I wouldn't get approved for AMEX since my SSN is attached to a defaulted business card.

The nfcu Amex is not tied to a defaulted amex that you were on/had.

Re: Approval for NFCU Cash Rewards

CramEiko — Sat, 09 Nov 2019 01:57:40 GMT

@happyelle wrote:
I have a quicksilver one.

@AllZero wrote:
Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

You can also get them to get you into the Quicksiver card to avoid the AF. I did eventually. Everything else remains the same and you'll still be on their Platinum card system.

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 02:02:58 GMT

@CramEiko wrote:
@happyelle wrote:
I have a quicksilver one.

@AllZero wrote:
Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

You can also get them to get you into the Quicksiver card to avoid the AF. I did eventually. Everything else remains the same and you'll still be on their Platinum card system.

Yes, that is what I was just reading in the thread. For now, the link isn't working for me but I'll keep trying. When I log in after clicking the link it just says 2 more statements and I'll get a CLI to $2,000.

Thanks!!

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 02:06:33 GMT

@snickerpedia wrote:
@happyelle wrote:
@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!
Hi, and thank you!! I don't know what their flagship is, eeek!I was thinking I wouldn't get approved for AMEX since my SSN is attached to a defaulted business card.

The nfcu Amex is not tied to a defaulted amex that you were on/had.

Really? I didn't know that. I thought all Amex cards were connected to the Amerian Express company.

Re: Approval for NFCU Cash Rewards

CramEiko — Sat, 09 Nov 2019 02:08:29 GMT

@happyelle wrote:
@CramEiko wrote:
@happyelle wrote:
I have a quicksilver one.

@AllZero wrote:
Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

You can also get them to get you into the Quicksiver card to avoid the AF. I did eventually. Everything else remains the same and you'll still be on their Platinum card system.
Yes, that is what I was just reading in the thread. For now, the link isn't working for me but I'll keep trying. When I log in after clicking the link it just says 2 more statements and I'll get a CLI to $2,000.

Thanks!!

I didn't use no stink'n link. I called and said that I would like to PC to the NO AF QS card. It took me a few calls to finally reach somone that cared enough to make the switch. It was pretty easy to do and over all the process didn't take that long once I had the right person.

IMHO - The link is too impersonal and maybe something else is available for your card. Like a temporary 7 month APR% reduction. Not sure if an algorithm could or would pick up on that.

Good Luck!

Re: Approval for NFCU Cash Rewards

Jnbmom — Sat, 09 Nov 2019 02:10:29 GMT

@happyelle wrote:
@snickerpedia wrote:
@happyelle wrote:
@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!
Hi, and thank you!! I don't know what their flagship is, eeek!I was thinking I wouldn't get approved for AMEX since my SSN is attached to a defaulted business card.

The nfcu Amex is not tied to a defaulted amex that you were on/had.
Really? I didn't know that. I thought all Amex cards were connected to the Amerian Express company.

No only american express cards issued directly through them (centurion bank) are truly amex cards.

Re: Approval for NFCU Cash Rewards

Jnbmom — Sat, 09 Nov 2019 02:12:48 GMT

@snickerpedia wrote:
@Jnbmom wrote:
@snickerpedia wrote:
I am wondering if you should have selected the flagship if you were looking for a higher SL. The rep said you were approved for all unsecured and the flagship min is 5k (correct me if I'm wrong)

Congrats your new card !!!
I highly doubt they would get the Flagship since their starting line is 600.

Well I’m just saying cause they were preapproved for all unsecured cards.

Although I love navy sometimes their reps can be misinformed. With flagship min being 5K and the OP getting a starting line of 600 I don't believe they would qualify.

Re: Approval for NFCU Cash Rewards

happyelle — Sat, 09 Nov 2019 02:13:00 GMT

@CramEiko wrote:
@happyelle wrote:
@CramEiko wrote:
@happyelle wrote:
I have a quicksilver one.

@AllZero wrote:
Do you have the Capital One platinum? If so, you can request upgrade to quicksilver: https://ficoforums.myfico.com/t5/Credit-Cards/Capital-One-check-for-upgrade-link/td-p/4934733

You can also get them to get you into the Quicksiver card to avoid the AF. I did eventually. Everything else remains the same and you'll still be on their Platinum card system.
Yes, that is what I was just reading in the thread. For now, the link isn't working for me but I'll keep trying. When I log in after clicking the link it just says 2 more statements and I'll get a CLI to $2,000.

Thanks!!
I didn't use no stink'n link. I called and said that I would like to PC to the NO AF QS card. It took me a few calls to finally reach somone that cared enough to make the switch. It was pretty easy to do and over all the process didn't take that long once I had the right person.

IMHO - The link is too impersonal and maybe something else is available for your card. Like a temporary 7 month APR% reduction. Not sure if an algorithm could or would pick up on that.

Good Luck!

Thank you, I will call them on Monday!

Re: Approval for NFCU Cash Rewards

M_Smart007 — Sat, 09 Nov 2019 03:37:13 GMT

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