topic Re: UPDATE: Approved but disappointed in Credit Card Approvals

Approved but disappointed

WhiteCollar — Thu, 14 Oct 2021 18:59:05 GMT

I decided to apply for the Navy Fed Platinum Visa because of the 5.99% for 12 months promo. This would be my third Navy card. My other two cards, the Flagship and CashRewards are in good standing, zero balances and CL are over $20k.

Well this time around I was approved but only for $3k. For me that's not much to work with. Now I kind of want to decline the card. And I don't think Navy allows you to move credit from one card to another anymore. Think I wasted a HP.

Re: Approved but disappointed

Steveo777 — Thu, 14 Oct 2021 19:07:03 GMT

Congratulations on the new card! Sometimes it's about max exposure they want to have. Pretty sure they might transfer that CL to one of your other accounts if you ask, as I believe I've seen others post about it. If it were me personally, I'd be picking up the phone and try to find out why the last card approved is so low and if I could not recon that, then I would ask to move the CL to one of the other cards you have with them.

Re: Approved but disappointed

M_Smart007 — Thu, 14 Oct 2021 19:10:11 GMT

Sorry about the low SL, but Congrats on a approval!

Re: Approved but disappointed

M_Smart007 — Thu, 14 Oct 2021 19:12:53 GMT

@Steveo777 wrote:
Congratulations on the new card! Sometimes it's about max exposure they want to have. Pretty sure they might transfer that CL to one of your other accounts if you ask, as I believe I've seen others post about it. If it were me personally, I'd be picking up the phone and try to find out why the last card approved is so low and if I could not recon that, then I would ask to move the CL to one of the other cards you have with them.

Just FYI, I have been denied twice for moving limits between cards/credit reallocation.

Even told them I was going to do a balance transfer. Still No soup!

Re: Approved but disappointed

Sub16610 — Thu, 14 Oct 2021 19:13:13 GMT

Congrats on your approval. Sorry about your disappointing sl.

Re: Approved but disappointed

collics — Thu, 14 Oct 2021 19:41:20 GMT

Congrats on your approval!

It just looks like approx $23k is the max they are willing to extend unsecured for you at this time. I'm in the same boat so you aren't alone.

Hopefully being in the garden for a while will help.

Re: Approved but disappointed

coldfusion — Thu, 14 Oct 2021 20:06:08 GMT

@M_Smart007 wrote:
@Steveo777 wrote:
Congratulations on the new card! Sometimes it's about max exposure they want to have. Pretty sure they might transfer that CL to one of your other accounts if you ask, as I believe I've seen others post about it. If it were me personally, I'd be picking up the phone and try to find out why the last card approved is so low and if I could not recon that, then I would ask to move the CL to one of the other cards you have with them.
Just FYI, I have been denied twice for moving limits between cards/credit reallocation.
Even told them I was going to do a balance transfer. Still No soup!

Yes, it was never officially sanctioned but they would often do it if asked, but there have been a number of reports over the last few months of requests to reallocate limits among cards being denied.

Re: Approved but disappointed

CreditAggie — Thu, 14 Oct 2021 20:13:02 GMT

Congratulations on your NFCU approval!

Re: Approved but disappointed

CreditMagic7 — Thu, 14 Oct 2021 20:25:36 GMT

Congratulations on your NFCU 3RD Card approval.

Re: Approved but disappointed

cashorcharge — Thu, 14 Oct 2021 21:07:36 GMT

In my relationship with them:

1st was small

2nd was large

3rd was small again

CLI requests at 91/3 and 6 months have never been denied or countered for less than requested

It'll happen.....

Congratulations on your NFCU approval!! 👏🏼🎉🍾

Re: Approved but disappointed

gdale6 — Thu, 14 Oct 2021 21:30:30 GMT

Grats on your new Navy card

Re: Approved but disappointed

Rebuild2019 — Thu, 14 Oct 2021 21:54:17 GMT

Congratulations 🎈🎉🎊🍾 on your approval. When I was approved for the Platinum earlier this year I was allowed to move some of my CL around so the card was useable for me. Since then NFCU has given me a CLI on the Platinum.

Re: Approved but disappointed

ChargedUp — Thu, 14 Oct 2021 23:39:49 GMT

Congrats on the new NFCU card. Give it time and it'll grow nicely!

Re: Approved but disappointed

KingRue8500 — Thu, 14 Oct 2021 23:49:44 GMT

Congrats on your NFCU Platinum Visa approval

Re: Approved but disappointed

dcp0524 — Fri, 15 Oct 2021 00:20:04 GMT

@coldfusion wrote:
@M_Smart007 wrote:
@Steveo777 wrote:
Congratulations on the new card! Sometimes it's about max exposure they want to have. Pretty sure they might transfer that CL to one of your other accounts if you ask, as I believe I've seen others post about it. If it were me personally, I'd be picking up the phone and try to find out why the last card approved is so low and if I could not recon that, then I would ask to move the CL to one of the other cards you have with them.
Just FYI, I have been denied twice for moving limits between cards/credit reallocation.
Even told them I was going to do a balance transfer. Still No soup!
Yes, it was never officially sanctioned but they would often do it if asked, but there have been a number of reports over the last few months of requests to reallocate limits among cards being denied.

I tried to move 10k of my 20k CR over to my MR and they told me the card that is losing some of its limit needs to be over a year old. I had literally just opened the CR days before I ask.

I've heard straight no from some that have ask and I've heard 1 year from others as well so take that for what it's worth. 🤷🏻🤷🏻

I won't know until July 1st 2022 I guess.

Re: Approved but disappointed

Total80sKid — Fri, 15 Oct 2021 03:40:58 GMT

Congrats on your Platinum approval 👍🏼

Re: Approved but disappointed

Anonymous — Fri, 15 Oct 2021 08:37:37 GMT

Congrats! Usually the 3rd navy card has smaller SL from what I read from here. I was lucky to be approved two navy card with large SL. However, the 3rd one is also smaller. So I keep using it for next 3 months and they auto cli for another $2000. You never know if you keep using it for another 90/91 days you can ask for a double cli if they not giving you auto cli first. Good luck!

Re: Approved but disappointed

Anonymous — Fri, 15 Oct 2021 11:11:06 GMT

Since you had the HP you should keep the card. Ask for a CLI down the road

Thanks

Mark

Re: Approved but disappointed

MyFault — Fri, 15 Oct 2021 11:47:03 GMT

Congrats on your NFCU approval!

Re: Approved but disappointed

Thammer — Fri, 15 Oct 2021 13:20:46 GMT

That's been my experience as well. First card was the cash rewards, got a 5k siggy. Second app was the Flagship and I got tripple that. Third card less than the cash rewards. I think I've just hit my internal cap with them. I've also got savings and an auto loan through them as well.