topic Re: Nfcu 91/3 2nd card big limit not true for me in Credit Card Approvals

Nfcu 91/3 2nd card big limit not true for me

MeN5 — Fri, 24 Apr 2020 11:55:38 GMT

So I read my fico just about daily so I was very excited about the 91/3 which for me is today. My first card cash rewards went from 500 to 1400 which is a little odd 🤔 because everyone who gets a cli reports 3xs the sl. The big one for me was reading about this 2nd card and how thats when Navy really let loose well Navy didnt let loose on me at all they gave me the ole 500 special again I treated navy right and they laughed at me and gave me 500 for my second card. My scores are up dti is down since first card so this really hurt. I did a reconsideration of the sl so im just waiting to hear back if they refuse to change sl to something more reasonable I will just close it and focus on the cash rewards card. Ive read sooo many post on how the 2nd card was the one now im feeling like I wasted a hp. Off to the garden for me Im done for a looong time. **UPDATE I GOT THE 500 LIMIT MOVED TO CASH REWARDS AND CLOSED THE AMEX SO IM VERY MUCH HAPPY WITH THE OUTCOME. I will grow this card and maybe try for another card in 2022 once Ive worked on TU and some things have fallen off and Ive thinned the heard some.**

Re: Nfcu 91/3 2nd card big limit not true for me

snickerpedia — Tue, 21 Apr 2020 13:39:58 GMT

What is your TU fico score? There must be something in your profile that they do not like - They also stuck you with the highest APR so I am guessing you have derrogatory items littered in your report?

Re: Nfcu 91/3 2nd card big limit not true for me

CreditAggie — Tue, 21 Apr 2020 13:43:49 GMT

Congratulations on your NFCU More Rewards approval!

Re: Nfcu 91/3 2nd card big limit not true for me

HOODLUMZ007 — Tue, 21 Apr 2020 13:45:11 GMT

Why did you pick Amex instead of more rewards?

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 13:48:43 GMT

My Tu fico is around 640 and yes I do have baddies but I went off of so many others who has baddies some worst than me some with lower scores than me who got massive limits. I definitely learned my lesson today and will never base my results on others approvals. Now based on the result of the reconsideration I may be closing my 2nd Navy card and just sticking with the one.

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 13:50:28 GMT

@HOODLUMZ007 I picked amex because the rewards seemed to be better. I honestly went back and forward between the two.

Re: Nfcu 91/3 2nd card big limit not true for me

Brian_Earl_Spilner — Tue, 21 Apr 2020 13:54:43 GMT

Unfortunately, people love to hype things up on here like the 91/3 or amex 61/3. While there are many successes, the reality is it's dependant on the profile. It took over a year for me to get a CLI on my CR and I still have not been approved for a 2nd product despite having a low uti , DTI of 17%, and owning my home outright. My profile is stronger than many that get $15-25k lines. Even though I treated them right, they didn't like how I was handling other lender's accounts. Specific reasons were things like I wasn't making large enough payments on those other cards. At this point I've put them on the back burner.

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 14:03:41 GMT

@Brian_Earl_Spilner yeah thats true I learned the hard way unfortunately now im just waiting on the reconsideration results honestly I may not have a second nfcu card.

Re: Nfcu 91/3 2nd card big limit not true for me

Brian_Earl_Spilner — Tue, 21 Apr 2020 14:07:25 GMT

@MeN5 wrote:
@Brian_Earl_Spilner yeah thats true I learned the hard way unfortunately now im just waiting on the reconsideration results honestly I may not have a second nfcu card.

At least you learned quick. It took me about 5 tries for CLIs and 5 new apps before I learned they're not keen on me. Thankfully all those inquiries start to fall off next month. I let everyone hype me up instead of listening to my gut.

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 14:35:31 GMT

@Brian_Earl_Spilner Me too dont believe the hype Ill keep you posted on the reconsideration. Besides this myfico forums had me join dcu and apply for that card lol 😆 nope not approved with a 681 score to many accounts after bk but said i qualify for 3% interest on an auto loan which is lovely if i was looking to get a new vehicle 😆

Re: Nfcu 91/3 2nd card big limit not true for me

Anonymous — Tue, 21 Apr 2020 14:46:50 GMT

Do you have a lower income maybe? This was the case for my mom, she applied for a 2nd NFCU card and the CL was actually lower than her first. Her first card she had a $1,900 limit but her 2nd card they gave her $1,700. Her score was about 680 but her income is only ~ $20k.

Congrats on your approval though.. just give it more time i'm sure they will eventually give you more through CLI's.

Re: Nfcu 91/3 2nd card big limit not true for me

Eagered2succeed — Tue, 21 Apr 2020 14:52:47 GMT

@MeN5 wrote:
My Tu fico is around 640 and yes I do have baddies but I went off of so many others who has baddies some worst than me some with lower scores than me who got massive limits. I definitely learned my lesson today and will never base my results on others approvals. Now based on the result of the reconsideration I may be closing my 2nd Navy card and just sticking with the one.

Remember no 2 credit profiles are the same no matter the same score. Also remember dti income and other credit obligations are factored in ad well. At least it was an approval and not denial. Give it 91 days make sure you have no new baddies and I'm sure navy will take care of you.

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 14:56:22 GMT

@Anonymous Its 53000 overall uti is about 16

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 15:01:58 GMT

@Eagered2succeed yeah im honestly thinking of closing it based on reconsideration decision im still waiting for a response. I was under the notion that navy would take care of me this go around lol 😆 im hoping for a favorable outcome.

Re: Nfcu 91/3 2nd card big limit not true for me

Eagered2succeed — Tue, 21 Apr 2020 15:18:53 GMT

@MeN5
How are you treating the other card? Are you doing heavy spend and not carrying a balance?

Re: Nfcu 91/3 2nd card big limit not true for me

MeN5 — Tue, 21 Apr 2020 15:21:39 GMT

@Eagered2succeed yes i spend at least 30% monthly and always pif never let a balance report yet. But always pay the interest or fees balance within a day or two.

Re: Nfcu 91/3 2nd card big limit not true for me

AverageJoesCredit — Tue, 21 Apr 2020 15:35:19 GMT

@MeN5 wrote:
So I read my fico just about daily so I was very excited about the 91/3 which for me is today. My first card cash rewards went from 500 to 1400 which is a little odd 🤔 because everyone who gets a cli reports 3xs the sl. The big one for me was reading about this 2nd card and how thats when Navy really let loose well Navy didnt let loose on me at all they gave me the ole 500 special again I treated navy right and they laughed at me and gave me 500 for my second card. My scores are up dti is down since first card so this really hurt. I did a reconsideration of the sl so im just waiting to hear back if they refuse to change sl to something more reasonable I will just close it and focus on the cash rewards card. Ive read sooo many post on how the 2nd card was the one now im feeling like I wasted a hp. Off to the garden for me Im done for a looong time.

Im sorry for your disappointment. Too many times, people stress the second card as the second coming but it doesnt always happen for all of us and those who often get huge limits on second card often have big incomes, so in a way another misleading dp when glanced over. We see these big limits and assume we all will get one. Unfortunately all of hsve different profiles and at times Navy does actually adhere to what our profiles offer.

In my humble opinion i would not close the second card yet. Just give it time, you already took the ding to your score. Look on bright side, Navy gave you a second card after only 3 months. Not all lenders do that. Congrats on your approval big or small, thanks for sharing

Re: Nfcu 91/3 2nd card big limit not true for me

M_Smart007 — Tue, 21 Apr 2020 15:36:29 GMT

Congrats! ,, they seen something they did not like.

Not normal for a second card's SL to be that low.

Re: Nfcu 91/3 2nd card big limit not true for me

AverageJoesCredit — Tue, 21 Apr 2020 15:37:56 GMT

@MeN5 wrote:
@Brian_Earl_Spilner Me too dont believe the hype Ill keep you posted on the reconsideration. Besides this myfico forums had me join dcu and apply for that card lol 😆 nope not approved with a 681 score to many accounts after bk but said i qualify for 3% interest on an auto loan which is lovely if i was looking to get a new vehicle 😆

Sorry again, its the myfico effect, but lol, we did not have you join anything you didnt want to try.

Re: Nfcu 91/3 2nd card big limit not true for me

AverageJoesCredit — Tue, 21 Apr 2020 15:39:06 GMT

@Anonymous wrote:
Do you have a lower income maybe? This was the case for my mom, she applied for a 2nd NFCU card and the CL was actually lower than her first. Her first card she had a $1,900 limit but her 2nd card they gave her $1,700. Her score was about 680 but her income is only ~ $20k.

Congrats on your approval though.. just give it more time i'm sure they will eventually give you more through CLI's.

Low income can hurt but it isnt a show stopper with Navy. Ask me how i lnow