topic NFCU is the bomb! in Credit Cards

NFCU is the bomb!

mporter13 — Mon, 04 May 2009 03:28:16 GMT

I decided to take the plunge and apply for a Visa Platinum Card with NFCU. I was hoping for a CL in the 5K - 7.5K range. To my suprise, I was approved with a credit limit of 20K. I love this credit union.

Congratulations! Based on your creditworthiness, you have been approved for a Platinum Visa credit card. Your new credit line will be $20,000.00. Your APR will be 10.9%. You should receive your new card(s) in 7-10 normal mail delivery days.

Re: NFCU is the bomb!

Anonymous — Mon, 04 May 2009 03:46:18 GMT

Congrats!

If you wouldn't mind sharing, was this an instant approval or how long did the decision take? What was your FICO and what was your income? Did they require any documents or income verification?

Message Edited by txjohn on 05-03-2009 08:46 PM

Re: NFCU is the bomb!

mporter13 — Mon, 04 May 2009 11:47:39 GMT

This was an instant approval (took approx 20 seconds). My annual Salary is 92K and they did not require any additional documentation or income verification. My current FICO scores are below including my EX FAKO pulled from the EX site.

Re: NFCU is the bomb!

Anonymous — Fri, 08 May 2009 03:48:21 GMT

Hi,

Just wondering are you a member of this CU?

Fico 5/7/09

TU 714

EQ 702

Re: NFCU is the bomb!

mporter13 — Fri, 08 May 2009 04:03:47 GMT

Yes I am a member of NFCU. I've been a member for a little over a week.

Re: NFCU is the bomb!

Anonymous — Fri, 08 May 2009 11:02:27 GMT

I appreciate your OP. I took the plunge and app'ed, got approved for $25k cash rewards visa.

Re: NFCU is the bomb!

mporter13 — Fri, 08 May 2009 13:22:58 GMT

That's awesome. I plan on being with them for a long time.

Re: NFCU is the bomb!

Anonymous — Sat, 09 May 2009 04:38:23 GMT

My bro-in-law is retired Navy and a member of NFCU. So I can join because of him correct? One other question too all posters who have joined NFCU. Is everyone in an area where they have access to an actual branch or is it mostly online transactions? My sis and he said they have two cards with them one for 11k and one for 10k and their credit is not the greatest so that's inspiring somewhat.

Re: NFCU is the bomb!

smallfry — Sat, 09 May 2009 09:50:42 GMT

@Anonymous wrote:
My bro-in-law is retired Navy and a member of NFCU. So I can join because of him correct? One other question too all posters who have joined NFCU. Is everyone in an area where they have access to an actual branch or is it mostly online transactions? My sis and he said they have two cards with them one for 11k and one for 10k and their credit is not the greatest so that's inspiring somewhat.

Not positive about the brother in law qualification but if your sister becomes a member that should qualify you.

Re: NFCU is the bomb!

Anonymous — Sat, 09 May 2009 09:55:01 GMT

They are both members I meant to put that in my post but omitted it.

Re: NFCU is the bomb!

Anonymous — Sat, 09 May 2009 11:06:13 GMT

Just applied for the Cash Rewards Visa after being a member of Navy Fed for a little over two weeks. Instant approval with a $7500 CL!!! I'm very happy with this considering my highest CL was only $1400 prior.

My EQ Fico was 707.

NFCU is the bomb!!

Re: NFCU is the bomb!

smallfry — Sat, 09 May 2009 14:24:41 GMT

Excellent.

Re: NFCU is the bomb!

Anonymous — Sat, 09 May 2009 16:10:37 GMT

Congrats! NFCU is a real gem, IF you can get in.

Re: NFCU is the bomb!

virgoprincess823 — Tue, 16 Jun 2009 14:57:55 GMT

MikeyH

I'm with NFCU and I applied for a Visa Rewards CC but I only received a CL of $3500, do you thin kits because I have a previous BK?

Re: NFCU is the bomb!

Anonymous — Tue, 16 Jun 2009 20:21:25 GMT

virgoprincess,

I have a bk from 11/01 and I rec'd 10k limit. It's not just scores or income. But other than the bk, I have no other lates. I did have a CO from 2004.

But my DH's score was 650-ish and he got only $1k limit. No bk for him, but his CO is with BOA less than 2 yrs ago.

Re: NFCU is the bomb!

HindSight_20_20 — Wed, 17 Jun 2009 00:18:51 GMT

Said it before and i'll say it again, NFCU all day long babyyyyyy! (Secured Card approved two days ago) I'll ride it until my baddies fall off and I hit at least 660-680 accross the board and then apply for the unsecured! By that time by ch7 will be around 6 years old.

I'll keep you posted!

6/04/09

TU 504

EX 610

EQ 536

Re: NFCU is the bomb!

Anonymous — Wed, 17 Jun 2009 04:03:05 GMT

virgoprincess823 ,

Not sure what NFCU looks at to determine CL's, but i'll list what I had at the time of approval.

EQ 707 (told NFCU only uses EQ)

No serious delinquencies, a few 30 day lates from over three years ago

Only 1 inquiry on my CR from the past year

Gross Income of $35,000

Utilization below 10%

Also, I've set up direct deposit with NFCU and have made them my primary bank now. Don't know if they take that into consideration.

That said, i applied for the Cash Rewards visa and got instant approval for a $7500 CL

Last week, I applied for their Platinum Mastercard, only change was EQ was 724 at time of app. I didn't get instant approval that time (required review) but took only two days and i got approved for $8,000 CL

Message Edited by MikeyH on 06-16-2009 09:03 PM

Re: NFCU is the bomb!

virgoprincess823 — Wed, 17 Jun 2009 15:54:45 GMT

MikeyH-

Well I'm in the process of trying to buy a home, so I don't think it would be a good idea to apply for any new credit, but I don't know if having a new mortgage reporting on my credit will be any better, I'd liketo apply for the platinum in case of emergencies with the new home.