topic Re: First NFCU Card - More Rewards AmEx at 25k in Credit Card Approvals

First NFCU Card - More Rewards AmEx at 25k

Pizzarina_Sbarro — Tue, 18 Aug 2020 05:31:37 GMT

$25,000...and I'm actually kind of scared of it! I was going to wait a few months to app for another new card (just got a lovely Disco last month) but my car started making an expensive noise and I hated the thought of that spend not serving a higher purpose! I also had a nice pre-qual + 75k offer for an AmEx Gold, but an approval from NFCU felt like more of a safe bet, so here I am! I know most people app for their first NFCU card right away, so wanted to provide datapoints for an approval that waited for a little bit:

Score: TU was 735, but I don't know my NFCU internal score which I think was probably a factor.
Baddies: Only thing is a string of late payments (120+ days) on one student loan from 5-6 years ago. (FICO doesn't forget, but I guess NFCU is more chill).
Profile: Somewhat aged, but not thick due to closed accounts. (AAoA is ~5 years depending on CRA)
New accounts: 1/3 and 3/6. 1 INQ on TU.

I've been a member of NFCU since April with a savings account that gets a small portion of my direct deposit. I've had a SSL since June too. I know most people apply for their first card as soon as they joined NFCU, but I intentionally waited because I thought it might help get a higher starting limit. Even so, this surpassed my expectations by quite a bit! My income is not high (this card alone is about half of what I make) and my previous approvals with Chase and Disco have been pretty firmly centered around $5,000.

Re: First NFCU Card - More Rewards AmEx at 25k

AllZero — Tue, 18 Aug 2020 05:32:12 GMT

Congratulations on your approval!

Re: First NFCU Card - More Rewards AmEx at 25k

AllZero — Tue, 18 Aug 2020 05:36:40 GMT

@Pizzarina_Sbarro For your reading pleasure from @Aim_High AMEX GOLD *APPROVED* with 75K MR SUB!

Re: First NFCU Card - More Rewards AmEx at 25k

mrcraft — Tue, 18 Aug 2020 05:52:35 GMT

Congratulations on your approval!! Nice SL.

Re: First NFCU Card - More Rewards AmEx at 25k

Anonymous — Tue, 18 Aug 2020 12:22:24 GMT

That is an AWESOME SL esp as a first card! Congrats 🎉

Re: First NFCU Card - More Rewards AmEx at 25k

Credit4Growth — Tue, 18 Aug 2020 13:18:13 GMT

Wayyyy to go & CONGRATULATIONS!!

NAVY Strong......

Re: First NFCU Card - More Rewards AmEx at 25k

OmarGB9 — Tue, 18 Aug 2020 13:37:19 GMT

grats!

Re: First NFCU Card - More Rewards AmEx at 25k

gdale6 — Tue, 18 Aug 2020 13:48:55 GMT

Excellent approval, congrats on the big hit

Re: First NFCU Card - More Rewards AmEx at 25k

Credit4Growth — Tue, 18 Aug 2020 14:02:25 GMT

@Pizzarina_Sbarro wrote:
$25,000...:

I've been a member of NFCU since April with a savings account that gets a small portion of my direct deposit. I've had a SSL since June too. I know most people apply for their first card as soon as they joined NFCU, but I intentionally waited because I thought it might help get a higher starting limit. Even so, this surpassed my expectations by quite a bit! My income is not high (this card alone is about half of what I make) and my previous approvals with Chase and Disco have been pretty firmly centered around $5,000.

Thank you So Much for the data points!

IMHO,

Your score helped in conjunction with your baddies being a bit aged. I want to point out that I believe your intentional time spend waiting while beginning to build a relationship with this FI was a key factor!!! I think a lot or people with baddies or even a superb profile tend to overlook or flat out bypass that factor.

You membership and SSL began in April and June of this year, is that correct? Also for an additional DP, could you share with us, what was the amount of the SSL when you opened it? I am just thinking it may not have been for a huge amount

😦"...my car started making an expensive noise". That is definitely one way to describe it 😄

Re: First NFCU Card - More Rewards AmEx at 25k

ocheosa — Tue, 18 Aug 2020 14:10:35 GMT

Congratulations ! Woo hoo !

And to mark the achievement, a little treat -

Celebratory Cake ! Yum !

Re: First NFCU Card - More Rewards AmEx at 25k

MyFault — Tue, 18 Aug 2020 14:26:52 GMT

Congrats on your approval!

Re: First NFCU Card - More Rewards AmEx at 25k

Pizzarina_Sbarro — Tue, 18 Aug 2020 14:52:37 GMT

@AllZero wrote:
@Pizzarina_Sbarro For your reading pleasure from @Aim_High AMEX GOLD *APPROVED* with 75K MR SUB!

Too tempting! I have the same offer and I'm definitely debating if and when to apply. I'm not gardening, but I'm not trying to spree either.

Re: First NFCU Card - More Rewards AmEx at 25k

Pizzarina_Sbarro — Tue, 18 Aug 2020 14:59:43 GMT

@Credit4Growth wrote:
You membership and SSL began in April and June of this year, is that correct? Also for an additional DP, could you share with us, what was the amount of the SSL when you opened it? I am just thinking it may not have been for a huge amount

Yep, that's right it was this year. I'd intended to wait until I'd had the SSL for about three months before applying, but it seemed to work out anyways. The SSL was for $3,500.

Re: First NFCU Card - More Rewards AmEx at 25k

CreditAggie — Tue, 18 Aug 2020 15:05:09 GMT

Congratulations on your NFCU More Rewards approval!

Re: First NFCU Card - More Rewards AmEx at 25k

Heatt99 — Tue, 18 Aug 2020 17:08:23 GMT

Cingratulations. The SSL is probably what triggered the high SL. Navy loves to see how a person performs with their 1st initial account before they open the gates.

Re: First NFCU Card - More Rewards AmEx at 25k

Credit4Growth — Tue, 18 Aug 2020 17:17:57 GMT

@Pizzarina_Sbarro

I was going to guess 3K but I did not put it out there as to not look like a fool 😞 and @Heatt99 hit it one the nose as far as my thinking has been concerned, based on the Navy threads. I did the same thing except I went for the Flagship as my 1st CC.

Oh Man..., 25K and the lowest arp... I had called to do my app and when the rep gave me thw good news, I was speechless for the next 30 minutes. You did a GREAT Job and again, thanks for sharing! 👏👍👏👏

@Pizzarina_Sbarro wrote:
@Credit4Growth wrote:
You membership and SSL began in April and June of this year, is that correct? Also for an additional DP, could you share with us, what was the amount of the SSL when you opened it? I am just thinking it may not have been for a huge amount

Yep, that's right it was this year. I'd intended to wait until I'd had the SSL for about three months before applying, but it seemed to work out anyways. The SSL was for $3,500.

Re: First NFCU Card - More Rewards AmEx at 25k

cashorcharge — Tue, 18 Aug 2020 18:00:44 GMT

This is terrific! Congratulations!

Re: First NFCU Card - More Rewards AmEx at 25k

Aim_High — Wed, 19 Aug 2020 04:11:37 GMT

Congratulations on your approval @Pizzarina_Sbarro

and AWESOME starting limit on card number one

with Navy!!

*And by the way, you're pretty special to get that 75K offer from AMEX right now! Only a few of us got that one. If you have any interest, now might be a good time to take advantage since that high an offer doesn't stay around forever.

Re: First NFCU Card - More Rewards AmEx at 25k

blindambition — Wed, 19 Aug 2020 21:29:54 GMT

Congrats on your approval and stellar SL!!! 🥳

Re: First NFCU Card - More Rewards AmEx at 25k

9CLINE — Fri, 21 Aug 2020 00:22:04 GMT

Congrats.....welcome 2 the fam.!!