topic Re: NFCU Approval + Recon Limit Increase in Credit Card Approvals

NFCU Approval + Recon Limit Increase

Anonymous — Tue, 04 May 2021 22:49:38 GMT

Normally wouldn't post or share after an approval, but I've gotten so much value from this forum hopefully my DPs can help other members as well. I signed up for NFCU on 4/15 and wasn't sure if I should wait to apply for a credit card right away, or let the account age a bit. I also floated the idea of starting to deposit funds every week, but ultimately decided to just apply for a card.

On Friday 4/30 I decided to pull the trigger on the NFCU Cash Rewards card, unsure of whether I should expect a $1000 limit that I've seen some newer members get, or the $20k limit others have received. After submitting the application, I was instantly approved for a $5000 SL.

Somewhat satisfied but feeling like I left some on the table, I sent a secure message outlining the stronger areas of my profile and requesting reconsideration for a higher limit. This morning, I received the following message from NFCU:

Thank you for your message. Every member of Navy Federal is important to us and we value your membership. We conducted a second review of your application for reconsideration.

Upon further review, we have reversed our decision. The new credit line on cashRewards Visa account is $23,100. If we can be of any further assistance, please let us know.

This is the first time I've used the reconsideration line for any bank application, and I wouldn't have known to even do this if not for this forum. Big thank you to the MF fam that drops knowledge every single day and allows for things like a $5k -> $23,100 limit increase to happen without a hard pull!

DP: NFCU pulled my Transunion report with a 748 Fico 8 score -- 10 inquiries (2 in the last 12 months) -- 1% Util -- (1) 30 day late that's 2+ years old, additional 30 day lates on a few older + closed accounts. Newest account is a Discover card opened 12 months ago.

Not sure if I missed anything, but feel free to ask away!

Re: NFCU Approval + Recon Limit Increase

AllZero — Tue, 04 May 2021 22:52:35 GMT

Congratulations on your approval and reconsideration starting limit!

Re: NFCU Approval + Recon Limit Increase

krisssmmm — Tue, 04 May 2021 22:58:08 GMT

That is amazing! I opened my account 4/7 and have been dyinggggg to app. This gives me recon hope if sl is pitiful.

Re: NFCU Approval + Recon Limit Increase

Anonymous — Tue, 04 May 2021 23:08:48 GMT

Congrats @Anonymous - that's a fantastic recon result!

Re: NFCU Approval + Recon Limit Increase

Anonymous — Tue, 04 May 2021 23:13:02 GMT

Congrats! That's a crazy big recon success!

Re: NFCU Approval + Recon Limit Increase

newfossil — Tue, 04 May 2021 23:26:32 GMT

That is awesome! Congratulations!

Re: NFCU Approval + Recon Limit Increase

kittycreditmeow — Tue, 04 May 2021 23:47:46 GMT

Nice work! Congratulations on the approval! 🙂

Re: NFCU Approval + Recon Limit Increase

tbque — Wed, 05 May 2021 00:31:33 GMT

Congrats on the Navy approval and successful CL recon!

Re: NFCU Approval + Recon Limit Increase

KLEXH25 — Wed, 05 May 2021 00:56:21 GMT

Wowwwwww! That's an amazing turn around. Thanks for sharing and congratulations! What were the strong points you mentioned to them?

Re: NFCU Approval + Recon Limit Increase

rostrow416 — Wed, 05 May 2021 01:05:25 GMT

Holy cow, you killed it on recon. Congrats!

Re: NFCU Approval + Recon Limit Increase

gdale6 — Wed, 05 May 2021 01:18:54 GMT

That is an excellent recon, grats on it!

Re: NFCU Approval + Recon Limit Increase

CreditAggie — Wed, 05 May 2021 02:32:41 GMT

Congratulations on your NFCU approval and SL recon!

Re: NFCU Approval + Recon Limit Increase

TIPPY-BOB — Wed, 05 May 2021 02:39:58 GMT

Congratulations 🎉🎈🎊

Re: NFCU Approval + Recon Limit Increase

M_Smart007 — Wed, 05 May 2021 04:29:46 GMT

Congratulations on your Recon approval!

Re: NFCU Approval + Recon Limit Increase

toddc — Wed, 05 May 2021 05:17:09 GMT

that's awesome, congrats!!!!

i'm tempted to do this but the limit that they gave me is at least 3x what any other company (visa/mastercard) has given me, curious on your income? I have some derogs and my score is significantly lower than yours but i stuck 5k in the money market and didnt get an approval right out of the gate like you, i had to start with a secured card back in january. i'm scared to even ask for more, i dont want them to look too hard and say, oops we already gave you too much we're going to take some away lol when i see some people on here with similiar profiles to mine getting 500 or 1000 limits.

Re: NFCU Approval + Recon Limit Increase

Total80sKid — Wed, 05 May 2021 06:22:04 GMT

Congrats on the Navy approval and amazing CL recon! 🎉

Re: NFCU Approval + Recon Limit Increase

spiritcraft1 — Wed, 05 May 2021 12:17:22 GMT

That is excellent. I have one of those SL reconsideration requests in at the moment as well. Glad yours worked out well!

Re: NFCU Approval + Recon Limit Increase

Papa_Bear — Wed, 05 May 2021 12:54:22 GMT

That's how it's done. Congratulations!

Re: NFCU Approval + Recon Limit Increase

coreyb80 — Wed, 05 May 2021 13:05:50 GMT

Congrats on the approval and great recon work!

Re: NFCU Approval + Recon Limit Increase

toddc — Wed, 05 May 2021 16:46:09 GMT

@spiritcraft1 wrote:
That is excellent. I have one of those SL reconsideration requests in at the moment as well. Glad yours worked out well!

Let me know how yours works. I sent them one too, worst they can say is no I hope lol