topic Re: Navy Federal CLI Surpassing Max Exposure in Credit Card Approvals

Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Thu, 22 Jun 2023 09:56:26 GMT

***Update: 2 days after getting my $8000 limit increase, putting me $5200 over the Navy Federal maximum exposure of $80K in personal credit, Navy Federal reduced my limit by $5200 down to $40,000. I'm still excited that in just under 3 years this card grew from $5200 to $40,000, tying my More Rewards as my highest available credit limit!😃***

Today I asked for a limit increase on my Navy Federal Flagship card. It’s been 189 since my last increase. I was pleasantly surprised to receive an $8000 increase. In the past anytime I’ve asked for a limit increase on both of my cards, the More Rewards and the Flagship, I always got the maximum amount available. I’d get $4000 back during 2020 when they reduced the maximum amount for a limit increase and then $8000 once Navy loosened back up in 2021.

So what made today’s $8000 limit increase such a big surprise is that I’ve always been told the total amount of credit Navy Federal allows on the personal side for their credit cards is a combined limit of $80,000. So based on that data point today I should’ve only been eligible for $2800. Now my total exposure is $85,200! I asked via the app and was instantly approved. I guess I’ll wait another 6 months and see if they’re willing to go even higher.

Flagship Card Journey:

August 2020 - Starting Limit $5200

November 2020 - $4000 CLI ($9200 limit)

May 2021 -$4000 CLI ($13,200 limit)

November 2021 - $8000 CLI ($21,200 limit)

June 2022 - $8000 CLI ($29,200 limit)

December 2022 - $8000 CLI ($37,200 limit)

June 2023 - $8000 CLI ($45,200 limit)

Re: Navy Federal CLI Surpassing Max Exposure

Jnbmom — Wed, 21 Jun 2023 01:24:43 GMT

Unfortunately 80k is the max, they will take that back. This has happened to several people .

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 01:39:02 GMT

@Jnbmom wrote:
Unfortunately 80k is the max, they will take that back. This has happened to several people .

@Jnbmom Oh ok! I was definitely shocked to see them approve it! Thank you for letting me know! I guess I'll be on the lookout for it! Now at least I wont be shocked/disappointed when that takes place. Lol!

Re: Navy Federal CLI Surpassing Max Exposure

CreditMagic7 — Wed, 21 Jun 2023 02:08:47 GMT

@Jnbmom wrote:
Unfortunately 80k is the max, they will take that back. This has happened to several people .

True- Still nice rounding up on your new SP CLI!

Re: Navy Federal CLI Surpassing Max Exposure

Meanmchine — Wed, 21 Jun 2023 03:39:55 GMT

Congrats on your Navy love

Re: Navy Federal CLI Surpassing Max Exposure

GZG — Wed, 21 Jun 2023 03:44:16 GMT

very nice CLI!

congrats!!

Re: Navy Federal CLI Surpassing Max Exposure

laurenjessica — Wed, 21 Jun 2023 03:52:05 GMT

Congratulations on the CLI (even though some will likely be taken away )

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 09:56:52 GMT

@CreditMagic7 wrote:
@Jnbmom wrote:
Unfortunately 80k is the max, they will take that back. This has happened to several people .
True- Still nice rounding up on your new SP CLI!

@CreditMagic7 thank you!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 09:57:16 GMT

@Meanmchine wrote:
Congrats on your Navy love

@Meanmchine thank you!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 09:57:43 GMT

@GZG wrote:
very nice CLI!

congrats!!

@GZG thank you!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 10:00:49 GMT

@laurenjessica wrote:
Congratulations on the CLI (even though some will likely be taken away )

@laurenjessica thank you! When they do it I'm glad that at least now I won't be surprised by it. Appreciative of this community for all the knowledge people share.

Re: Navy Federal CLI Surpassing Max Exposure

NoMoreDebt — Wed, 21 Jun 2023 10:07:26 GMT

congrats

Re: Navy Federal CLI Surpassing Max Exposure

M_Smart007 — Wed, 21 Jun 2023 12:52:31 GMT

Congrats? on your temporary CL above $80K max.

https://ficoforums.myfico.com/t5/Credit-Cards/Navy-FS-Visa-CLI-40k-max-met-UPDATE/m-p/6675411

UPDATE:5/10/23

Navy took it back today, LOL. darn it. Thats a stupid glitch in their system to even allow it to go over their $80K credit threshhold, and approve it. Even got the confirmation approval email a day later, LOL.. oh well. no harm, no foul

I have (1) CC with Navy, they will not let me ask above $80K

Re: Navy Federal CLI Surpassing Max Exposure

BigBS — Wed, 21 Jun 2023 13:07:40 GMT

Congrats on the CLI!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 14:18:14 GMT

Based on what everyone is telling me I guess I better enjoy this while I can.😂 Whenever they reduce it I'm contemplating calling in acting clueless and disappointed and see if they'll let me move $10K over from my More Rewards to the Flagship.I hardly ever use that card now that I have the Blue Cash Preferred for 6% on Groceries and Citi Custom Cash and Sam's Club card for 5% on gas.

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 14:25:38 GMT

@NoMoreDebt wrote:
congrats

@NoMoreDebt Thank you!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 14:27:50 GMT

@BigBS wrote:
Congrats on the CLI!

@BigBS Thank you!

Re: Navy Federal CLI Surpassing Max Exposure

Jordan23ww — Wed, 21 Jun 2023 14:28:52 GMT

@M_Smart007 wrote:

Congrats? on your temporary CL above $80K max.
https://ficoforums.myfico.com/t5/Credit-Cards/Navy-FS-Visa-CLI-40k-max-met-UPDATE/m-p/6675411
UPDATE:5/10/23
Navy took it back today, LOL. darn it. Thats a stupid glitch in their system to even allow it to go over their $80K credit threshhold, and approve it. Even got the confirmation approval email a day later, LOL.. oh well. no harm, no foul

I have (1) CC with Navy, they will not let me ask above $80K

@M_Smart007 Thank you for the info!

Re: Navy Federal CLI Surpassing Max Exposure

CreditAggie — Thu, 22 Jun 2023 04:20:56 GMT

Congratulations on your NFCU CLI!

Re: Navy Federal CLI Surpassing Max Exposure

alextercero — Thu, 22 Jun 2023 04:47:46 GMT

Congrats on the CLI