topic Re: NFCU: Anyone else get $1K CL on first card? in Credit Cards

NFCU: Anyone else get $1K CL on first card?

Wavester64 — Sun, 19 Apr 2020 14:17:59 GMT

Don't get me wrong, I am glad to be a member of NFCU with all the positive things said about them on here.

And no, I wasn't expecting a $15K CL or a $25K CL.

But with my numbers I wasn't expecting $1K CL either.

At @Anonymous 's suggestion to another, I did send a SM to see if they can up the CL to take advantage of a BT. (still awaiting a reply)

Was wondering if anyone else's first go round with NFCU got them a $1K CL and if so, were you surprised about it being that low?

Re: NFCU: Anyone else get $1K CL on first card?

mrfufoppss — Sun, 19 Apr 2020 14:19:53 GMT

my first card (Cash Rewards) started with 1k and 91/3 later my 2nd Card 20k

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Mon, 20 Apr 2020 00:51:13 GMT

Ha! My 1st NFCU card was 700. No, I wasn't really surprised, as I had done my research here and knew they are big on relationships. My 91/3 is next month so we'll see what happens.

Re: NFCU: Anyone else get $1K CL on first card?

tcbofade — Sun, 19 Apr 2020 14:28:43 GMT

Didn't happen to me, but DID happen to DW.

Her first NFCU card was a $500 platinum.

That was January of 2018.

...currently, it's CL is $16,500. Her Cash Rewards is now at $21,000 and her Flagship is at $24,500.

Be patient. Pay your bill on time.

It'll grow.

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Sun, 19 Apr 2020 14:32:30 GMT

My first card cash rewards was 1k, then at my 91/3 mark I got my second card flagship at 24.5k. Also upped the cli to 3k for cash rewards.

Re: NFCU: Anyone else get $1K CL on first card?

Brian_Earl_Spilner — Sun, 19 Apr 2020 14:41:33 GMT

My cash rewards was $500. I was surprised they approved me at all.

Re: NFCU: Anyone else get $1K CL on first card?

AverageJoesCredit — Sun, 19 Apr 2020 14:45:36 GMT

$500 CR and no room for growth

Re: NFCU: Anyone else get $1K CL on first card?

Shooting-For-800 — Sun, 19 Apr 2020 15:29:11 GMT

I got $1k and boy was I pissed.

Everyone calmed me down and they were right about growth.

within a year I ended up with almost $50k total CL!

Hang In there, relationship matters...

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Sun, 19 Apr 2020 16:25:41 GMT

I only started with $500 on a Cash Rewards. DW started with $700 on a Cash Rewards. Having said that, I opened a savings and checking account there and am slowly building savings up. I've switched one of our direct deposits to go there. 91/3 comes up for me in about 45 days. So fingers crossed that I'll get some of the love others on here get. I will say that I think a problem for me is that my highest limit at that time was $3100 on a Cap One Venture One. I've since obtained a $6500 SL on a Visa Signature card from my current long term bank, Wells Fargo. It hasn't reported yet, but I'm hopeful when it does, my SL in the future will grow to more mature levels.

Re: NFCU: Anyone else get $1K CL on first card?

pt91978 — Mon, 20 Apr 2020 00:40:47 GMT

1st card: Secured nRewards 1K limit. (6th statement just cut yesterday) hopefully it'll graduate soon, keeping my fingers crossed.

2nd card: Go Rewards approved 15K on 3.19.20 and I sent a SM a couple days ago to PC the card to More Rewards. Said I will receive the new card in 7-10 business days, however, I can start earning rewards as a More Rewards card immediately. Don't have to wait until I physically have the card in hand.

Hang in there for a few months, it'll grow, especially with the second+ card.

Re: NFCU: Anyone else get $1K CL on first card?

Wavester64 — Mon, 20 Apr 2020 00:48:30 GMT

@Anonymous wrote:
My first card cash rewards was 1k, then at my 91/3 mark I got my second card flagship at 24.5k. Also upped the cli to 3k for cash rewards.

What's the recommended order come 91/3: is it request CLI on CC#1 and then apply for CC#2 or vice versa?

Re: NFCU: Anyone else get $1K CL on first card?

Mv350 — Mon, 20 Apr 2020 01:09:35 GMT

@Wavester64 wrote:
Don't get me wrong, I am glad to be a member of NFCU with all the positive things said about them on here.

And no, I wasn't expecting a $15K CL or a $25K CL.

But with my numbers I wasn't expecting $1K CL either.

At @Anonymous 's suggestion to another, I did send a SM to see if they can up the CL to take advantage of a BT. (still awaiting a reply)

Was wondering if anyone else's first go round with NFCU got them a $1K CL and if so, were you surprised about it being that low?

I was given a 1k SL I also sent a SM to try for recon to take advantage of the BT intro period. I was denied, but they said try for an increase after 91 days. I am currently impatiently waiting.

Re: NFCU: Anyone else get $1K CL on first card?

Mv350 — Mon, 20 Apr 2020 01:11:00 GMT

@tcbofade wrote:
Didn't happen to me, but DID happen to DW.

Her first NFCU card was a $500 platinum.

That was January of 2018.

...currently, it's CL is $16,500. Her Cash Rewards is now at $21,000 and her Flagship is at $24,500.

Be patient. Pay your bill on time.

It'll grow.

Boss lady also got 500, she wasn't happy. I told her in the future it'll grow.

Re: NFCU: Anyone else get $1K CL on first card?

sladesurfer — Mon, 20 Apr 2020 01:13:53 GMT

@Wavester64 wrote:
Don't get me wrong, I am glad to be a member of NFCU with all the positive things said about them on here.

And no, I wasn't expecting a $15K CL or a $25K CL.

But with my numbers I wasn't expecting $1K CL either.

At @Anonymous 's suggestion to another, I did send a SM to see if they can up the CL to take advantage of a BT. (still awaiting a reply)

Was wondering if anyone else's first go round with NFCU got them a $1K CL and if so, were you surprised about it being that low?

My Platinum card is $5500 with 680 score when i got it...

Re: NFCU: Anyone else get $1K CL on first card?

KJinNC — Mon, 20 Apr 2020 01:24:03 GMT

Is it typical to get higher CLs for the first card if you wait a while to apply for the card after joining NFCU, or does it only matter that it's your first NFCU credit card? I know there's probably not much solid data, just looking for anecdotal info. Thanks!

Re: NFCU: Anyone else get $1K CL on first card?

recoveringfrombk7 — Mon, 20 Apr 2020 01:49:42 GMT

@KJinNC wrote:
Is it typical to get higher CLs for the first card if you wait a while to apply for the card after joining NFCU, or does it only matter that it's your first NFCU credit card? I know there's probably not much solid data, just looking for anecdotal info. Thanks!

I joined and apped 2 or 3 days later over the phone. Got 3900$ and just above the lowest APR for the cash rewards card. 1 year post discharge. TU8 around 670.

Edit to add:

Income 92k

No housing payment

No CC debt

No auto loans

40k private student loans

175k federal student loans

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Mon, 20 Apr 2020 02:16:17 GMT

@KJinNC wrote:
Is it typical to get higher CLs for the first card if you wait a while to apply for the card after joining NFCU, or does it only matter that it's your first NFCU credit card? I know there's probably not much solid data, just looking for anecdotal info. Thanks!

When I joined 9/2018 I applied for membership and cashRewards at the same time. I was approved for $3K @ 11.4% (lowest APR at the time) with 647 TU8.

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Mon, 20 Apr 2020 02:30:10 GMT

@Wavester64 wrote:
Don't get me wrong, I am glad to be a member of NFCU with all the positive things said about them on here.

And no, I wasn't expecting a $15K CL or a $25K CL.

But with my numbers I wasn't expecting $1K CL either.

At @Anonymous 's suggestion to another, I did send a SM to see if they can up the CL to take advantage of a BT. (still awaiting a reply)

Was wondering if anyone else's first go round with NFCU got them a $1K CL and if so, were you surprised about it being that low?

It happens; and when it does its usually because lenders are sending you a message. In my case I was approved for $1,000 for a NFCU Cash Rewards card which was my 15th approval in a 9-month period. Judging by your recent denial for an unsecured BofA card and now a low SL from Navy its probably time to garden. Also, the variance between your "numbers" suggests that you have some sort of derogatory on your credit report and that affected your approval by Navy.

Re: NFCU: Anyone else get $1K CL on first card?

Anonymous — Mon, 20 Apr 2020 02:35:14 GMT

First card: cashRewards $1k

Second card: Flagship $15k, 91 days later

Third card: Platinum $25k, 94 days later

Don't worry too much about your first card limit! They will reward you mightily in 3 months!

Re: NFCU: Anyone else get $1K CL on first card?

MrZero — Mon, 20 Apr 2020 05:09:02 GMT

I applied and was approved earlier this month with a $1,000 SL with 14.49% APR on my first card (also Cash Rewards) and was more surprised that it was that high because cause it's more than twice the combined limit of my two secured cards currently, I've only started building my own credit last December, my income isn't particularly high either at $25,000 currently. That said, my TU FICO8 as stated in my sig was 835 when I applied thanks to the history of an old AU on a now closed account that padded it to be around 700 and being added as an AU to one of my mother's cards a couple months ago as well as the SSL I got with NFCU a little over a week prior on March 24 (and immediately brought down to 8%) and was reported at the end of the month or start of April. I applied as soon as I knew my TU CR was updated and was suprised at how much it jumped in such a short time.

The the 91/3 CLI request and especially second card app is going to be really interesting with what the state of things could be by July. I'll be legit shocked if they break five figures with it for me.