topic Navy fed approval question in Credit Card Applications

Navy fed approval question

SRT4kid93 — Wed, 30 Jul 2025 18:15:16 GMT

I got a mailer saying I was pre approved for the cash rewards plus. I know that is the name given to the 2% cash back version, as the 1.5% cash back variant is called just cash rewards.

I also know that they require a 5k limit to get the cash rewards plus version. It said u was approved for the plus version which leads me to think I would get the minimum 5k credit line needed. But the mailer also said "up to 2% cash back" which makes it sound like it's possible I won't get the 5k line.

anyone have any experience with this? Anyone applied after getting a pre approval like mine?

Re: Navy fed approval question

Zoostation1 — Tue, 05 Aug 2025 03:36:39 GMT

Preapprovals from NFCU aren't the most accurate. Navy Federal can also be relationship oriented as well (it can help to have your DD with them). I had nothing but a small certificate and about a year of membership when I applied for the card and was given $7100 CL. Also, even if they don't give you $5k from the start you'll get the bump to 2% once your CL gets to $5k (you can grow pretty quickly with NFCU).

Re: Navy fed approval question

Horseshoez — Tue, 05 Aug 2025 03:45:05 GMT

@SRT4kid93 wrote:
I got a mailer saying I was pre approved for the cash rewards plus. I know that is the name given to the 2% cash back version, as the 1.5% cash back variant is called just cash rewards.

I also know that they require a 5k limit to get the cash rewards plus version. It said u was approved for the plus version which leads me to think I would get the minimum 5k credit line needed. But the mailer also said "up to 2% cash back" which makes it sound like it's possible I won't get the 5k line.

anyone have any experience with this? Anyone applied after getting a pre approval like mine?

While not apples to apples, NFCU sent me two preapproval letters last year for their More Rewards card; when I applied I was instantly approved for a $30,000 limit. Like @Zoostation1, I had a small direct deposit with them at the time and had just opened up a small CD as well. Needless to say, I was shocked at the SL; doubly so as I'd only been a member for a few months and that was my first (and so far only) card with them.

Re: Navy fed approval question

Windchill92 — Thu, 07 Aug 2025 03:29:33 GMT

The best way to boost your chances of approval is having DD w/ them. They LOVE members w/ DD.

Re: Navy fed approval question

Yasselife — Thu, 07 Aug 2025 23:04:12 GMT

If the mailer specifically says you’re pre-approved for the Cash Rewards Plus; that usually means NFCU is confident you’ll qualify for at least the $5k limit required for that version. While nothing is 100% guaranteed until the app is processed; most people who get that exact pre-approval do end up with the Plus and the minimum line or higher. The ‘up to 2%’ language is likely just standard marketing copy; not an indicator you’d be downgraded.