topic NFCU Strategy: 2nd Card or CLI? in Credit Card Applications

NFCU Strategy: 2nd Card or CLI?

ridgebackpilot — Sat, 22 Dec 2018 21:13:36 GMT

Navy experts: I recently joined NFCU and was approved for the Flagship card with SL of $10K. It's my first card with Navy.

91/3 will come around in March 2019. When the time comes, would I be better of applying for a second card or a CLI on the Flagship?

All other things being equal, I'd rather have a big CLI (to perhaps $25K SL) on the Flagship than approval for $25K SL on a second card. I don't really need a second Navy card and I'm always concerned about AAoA.

But what strategy would you recommend to achieve the highest SL?

Re: NFCU Strategy: 2nd Card or CLI?

Anonymous — Sat, 22 Dec 2018 21:17:45 GMT

There are many DP’s on this forum that suggest the 2nd card is almost a guarantee. The CLI not so much.

Re: NFCU Strategy: 2nd Card or CLI?

Anonymous — Sun, 23 Dec 2018 01:54:07 GMT

Pull the trigger on CLI first. Give them time to review it if it goes to review. If declined, app for a second card.

I have read most of the recent DPs and people are letting them go to review and then turning around and getting instant approval on a second card and then denied the CLI so it’s hard to say if they would have waited for the results what would have happened at that point.

I got my CLI on review (full ask), then my CLOC instantly, then my second card on review a few days later, which is pretty much opposite of all the DPs that suggest low credit scores don’t get CLIs at 91/3 and low incomes don’t get second cards at 91/3 - I had both conditions.

Re: NFCU Strategy: 2nd Card or CLI?

Anonymous — Sun, 23 Dec 2018 03:34:56 GMT

this summer I applied for CLI so did the wife. Went to reviews on both. I app'd for a 3rd card/her for a 2nd card- both approved. The CLI's were denied.

Re: NFCU Strategy: 2nd Card or CLI?

Pikaboo-icu — Sun, 23 Dec 2018 03:45:59 GMT

I waited almost 6 months after my first card for cli, I got what I asked for instantly.

I then immediately app'd for second card, approved, $25,000 SL.

Things is; you can ask at 91/3 but you may have a lot better results at 5-6 months.

Your choice as always..

Re: NFCU Strategy: 2nd Card or CLI?

Anonymous — Sun, 23 Dec 2018 05:19:33 GMT

@Anonymous wrote:
this summer I applied for CLI so did the wife. Went to reviews on both. I app'd for a 3rd card/her for a 2nd card- both approved. The CLI's were denied.

But did you wait to be denied for the CLIs before applying for the other cards?