topic Re: NFCU CLI or Apply for 2nd card in Credit Cards

NFCU CLI or Apply for 2nd card

falcon7xx — Sun, 04 Aug 2019 01:39:45 GMT

My NFCU card is approaching the 91/3 in the next few days. My current limit is $700 and the card has been PIF every time. Do I apply for a CLI or a 2nd card. I have seen people only get limited increases with a CLI, but have got a $25k limit on a 2nd card. Looking for some suggestions on what I should do and what card I should go for if that is the route I should take.

Re: NFCU CLI or Apply for 2nd card

Anonymous — Sun, 04 Aug 2019 01:45:08 GMT

You can do both if you have an inquiry to spare. Ask for a CLI then apply for a 2nd card. The 2nd card will likely yield a higher limit than the CLI. Go for the card that fit your spending habit. Good luck!

Re: NFCU CLI or Apply for 2nd card

Anonymous — Sun, 04 Aug 2019 02:43:37 GMT

@Anonymous wrote:
You can do both if you have an inquiry to spare. Ask for a CLI then apply for a 2nd card. The 2nd card will likely yield a higher limit than the CLI. Go for the card that fit your spending habit. Good luck!

+1 Agree!
I did both and got a CLI on one to 40k and another card at 20k. Each was a hp- CLI from EQ and new card from TU. Good Luck with whatever you decide!

Re: NFCU CLI or Apply for 2nd card

CreditInspired — Sun, 04 Aug 2019 12:18:59 GMT

@falcon7xx wrote:
My NFCU card is approaching the 91/3 in the next few days. My current limit is $700 and the card has been PIF every time. Do I apply for a CLI or a 2nd card. I have seen people only get limited increases with a CLI, but have got a $25k limit on a 2nd card. Looking for some suggestions on what I should do and what card I should go for if that is the route I should take.

Hmmm. IDK. What are your DPs? That’s a toy limit on the NFCU card and it makes me wonder why.

Re: NFCU CLI or Apply for 2nd card

AverageJoesCredit — Sun, 04 Aug 2019 13:09:26 GMT

You can do both but just remember not everyone gets 25k limits. Most of the time those are given to people with really high income and of course your dti snd overall profile come into play. Ive always dreamed of those big limit cards or cli but when i dont even make 25k i know it isnt even possible.

Re: NFCU CLI or Apply for 2nd card

falcon7xx — Sun, 04 Aug 2019 14:03:13 GMT

What DP's are you looking for?

I had some CO's a few years ago when I went through a tough financial time. I think the limit was low for my NFCU card because it was my first unsecured card since then. My DTI is 13% and I make over $100k currently. I was thinking since its been over a year of good payments with my car loan and Credit Cards that NFCU would give me a decent limit on another card. Also what is the HP limit that another poster commented on above?

Re: NFCU CLI or Apply for 2nd card

CreditInspired — Sun, 04 Aug 2019 14:11:30 GMT

@falcon7xx wrote:
What DP's are you looking for?

I had some CO's a few years ago when I went through a tough financial time. I think the limit was low for my NFCU card because it was my first unsecured card since then. My DTI is 13% and I make over $100k currently. I was thinking since its been over a year of good payments with my car loan and Credit Cards that NFCU would give me a decent limit on another card. Also what is the HP limit that another poster commented on above?

Are the COs still showing on CRs?

AAOA and AoYA

Individual UT and aggregate UT

Just always assume that every single application for a NFCU credit product is a HP, including a CLI request, and be thankful if they do a SP.

Re: NFCU CLI or Apply for 2nd card

IodineNightSky — Sun, 04 Aug 2019 14:14:12 GMT

My scores were low and about a year ago I squeaked in with navy and got a 500$ cash rewards. I charged tons on it and always PIF. At my 91/3 I requested a cli and got denied altogether. A day after that I appd for a flagship on the encouragement of people here and got a 15k limit. I then transferred 5k of the 15k limit to the CR card to make it 5.5k and the flag 10k.

About six month after that (and more turbo charging and PIF both cards), I applied for a third card and got a 20k nfcu Amex. I also asked for CLIs on my 5.5k CR and 10k flag and got denied for both CLIs.

So, in sum, I’ve never received a single CLI from navy, but now have 5.5k CR, 10k flag and 20k Amex.

I also appd and got the 15k cloc from them somewhere during all of that.

My scores are 700s now but I started out a year ago in the low 600s. From all my DPs here you can see that apping for new cards from them has been very successful and asking for CLIs has been unsuccessful. Ymmv obv tho.

Re: NFCU CLI or Apply for 2nd card

IodineNightSky — Sun, 04 Aug 2019 14:16:31 GMT

One more data point - I have nine paid charge offs on my reports from about 2015, less than 1% utilization (azeo), make 125k/year.

Re: NFCU CLI or Apply for 2nd card

falcon7xx — Sun, 04 Aug 2019 22:10:38 GMT

My CO's are still on my CR. They are from 2016/2017. I settled on those charge offs.

AAoA is 60 months.

AoYA is 3 months which is the NFCU card

All Utilization is under 10% and I do AZEO.

Re: NFCU CLI or Apply for 2nd card

CreditInspired — Sun, 04 Aug 2019 22:41:24 GMT

@falcon7xx wrote:
My CO's are still on my CR. They are from 2016/2017. I settled on those charge offs.

AAoA is 60 months.
AoYA is 3 months which is the NFCU card
All Utilization is under 10% and I do AZEO.

Thanks for the DPs. I think you would get more bang for your buck by applying for another NFCU CC vs the CLI.

GL2U

Re: NFCU CLI or Apply for 2nd card

EAJuggalo — Mon, 05 Aug 2019 00:08:57 GMT

I did nothing until I got an Auto-CLI on my CashRewards, then app'd for my Platinum. CashRewards went from 10,000 to 11,500 and the Platinum was approved for 15,000