topic Re: NFCU Approved me in Credit Cards

NFCU Approved me

Anonymous — Sat, 01 Aug 2009 20:20:19 GMT

Joined the other day and was hoping to get approved for a card. App'ed for the N rewards card.

interest rate is at 17 with a 1000 CL. better that nothing.

EQ 635 TU 642 EX 624

Re: NFCU Approved me

Anonymous — Sat, 01 Aug 2009 21:29:12 GMT

Congratulations!

Welcome to the NFCU family!

Re: NFCU Approved me

Anonymous — Sat, 01 Aug 2009 21:50:47 GMT

Welcome to the club. If you treat the card right, it will grow with you.

IMO, one of the better cards out there. Great customer service too!

Re: NFCU Approved me

Anonymous — Sat, 01 Aug 2009 23:38:56 GMT

Overall, I consider NFCU the best card out there (for me anyway).

- Nice CL's

- Competitive rates (as low as 7.9 fixed)

- Great customer service

- NO FEES (not for BT, not for cash, not for transfer)

- Can BT for anything - not restricted to other CC's

- Fast crediting of payments

- Convenience Checks & BT same rate as purchase

- Real Time rewards (accrue balance as purchases post - can transfer to any account $20 min)

Re: NFCU Approved me

Anonymous — Sat, 01 Aug 2009 23:45:56 GMT

Did you have to fax in any documents?

Re: NFCU Approved me

Anonymous — Sat, 01 Aug 2009 23:47:56 GMT

My daughter got an instant approval for $8000, no verification requests. So it happens sometimes, not for me though.

I had to wait for review and fax in 2 pay stubs....gave me $25,000. Took about a week for final approval and CL. Another 7-8 days to get the card.

Re: NFCU Approved me

Anonymous — Sun, 02 Aug 2009 01:06:11 GMT

I didn't get instant approval either took almost 3 weeks. Part because they couldn't read my original fax & to verify my identity b/c of fraud alert. Didn't take long to get the card once it was approved. I got 10k. Had I been thinking, I would've apped for another of their Visa's or MC's, but I can wait for some of my inq's to fall off.

I love NFCU!

They didn't give DH instant approval either he had to send in paystubs. They only gave him 1k to start but hopefully it will grow. If only I could get him to use it. He's got a charge-off from 2007 for BOA, but at least they gave him something. He's had the same 1k limit with Discover since 2000.

I only wish there was a branch close by or they had the online deposit feature like Alliant.

Guess I can't have it all.

Re: NFCU Approved me

Anonymous — Sun, 02 Aug 2009 01:23:19 GMT

@Anonymous wrote:
I didn't get instant approval either took almost 3 weeks. Part because they couldn't read my original fax & to verify my identity b/c of fraud alert. Didn't take long to get the card once it was approved. I got 10k. Had I been thinking, I would've apped for another of their Visa's or MC's, but I can wait for some of my inq's to fall off.

I love NFCU!

They didn't give DH instant approval either he had to send in paystubs. They only gave him 1k to start but hopefully it will grow. If only I could get him to use it. He's got a charge-off from 2007 for BOA, but at least they gave him something. He's had the same 1k limit with Discover since 2000.

I only wish there was a branch close by or they had the online deposit feature like Alliant.

Guess I can't have it all.

You can do the 2 hop method.

1. eDeposit to Alliant

2. ACH to NFCU

Re: NFCU Approved me

mt2va — Sun, 02 Aug 2009 14:05:39 GMT

Congrats on the NFCU approval. I started out about the same with them in May. Mine was before they offered the secured card so I'm kind of glad I didn't have to go that route.

So does anyone know how they are about CLI? In the past I've always waited on the CC to issue one if they were inclined but from hanging out here it seems to be that most people request themselves.

Also regarding the comment about they don't have edeposits they will send you postage paid envelopes to mail in deposits. That's the main thing that has kept them from switching my main banking to them. I like having a local bank available. And unfortunately I'm not near any of the ATM's that accept deposits at the ATM either.

Re: NFCU Approved me

Anonymous — Sun, 02 Aug 2009 14:14:10 GMT

I would ask for one at 6 months if you have made regular use and your your overall credit has improved and reported uti is good.

They may want a year first.

What's the soonest from issue to CLI anyone has gotten?

Re: NFCU Approved me

virgoprincess823 — Mon, 03 Aug 2009 14:22:35 GMT

In regards to CLI, I was declined an increase at the 6 month mark (nRewards) but was approved for a Platinum (very low amount, but still approved) so I'm not sure why they didn't honor both requests). I've paid more than the minimum each month and on time. I guess I'll wait to see what happens in December at the one year mark.

I just signed my father up w/NFCU, minimum savings account deposit. I can't remember what his scores are and he's retired. Within the same month of being accepted into NFCU I told him to apply for a CC. They gave him an instant approval $7500. Funny thing is I bring home way more money in then him. So I'm not sure what the deal is with Navy. Low scores, high scores, high income, low income, utilization...yadda yadda, I just know for sure I will only apply for credit with this bank.

I agree I wish they had more branches as I don't want to send deposits through the mail. Excellent customer service.

Re: NFCU Approved me

wndrwmn78 — Mon, 03 Aug 2009 14:40:20 GMT

@virgoprincess823 wrote:
In regards to CLI, I was declined an increase at the 6 month mark (nRewards) but was approved for a Platinum (very low amount, but still approved) so I'm not sure why they didn't honor both requests). I've paid more than the minimum each month and on time. I guess I'll wait to see what happens in December at the one year mark.

I just signed my father up w/NFCU, minimum savings account deposit. I can't remember what his scores are and he's retired. Within the same month of being accepted into NFCU I told him to apply for a CC. They gave him an instant approval $7500. Funny thing is I bring home way more money in then him. So I'm not sure what the deal is with Navy. Low scores, high scores, high income, low income, utilization...yadda yadda, I just know for sure I will only apply for credit with this bank.

I agree I wish they had more branches as I don't want to send deposits through the mail. Excellent customer service.

An easy trick is to use PayPal...set up your account with both your local checking and your NFCU checking accounts. "Add" money to your Paypal account from your local checking, and after it has posted, "withdraw" the money to your NFCU checking. It might take a few days, but it's an option if you don't feel safe sending it through the mail (and would probably actually be faster than mail, and is very similar to txjohn's previous suggestion).

I have used PayPal in the past to balance transfer from a credit card that wouldn't allow me to do it online (they wanted to send me a "check" to use). I used that credit card to send a monetary gift to my DH's PayPal account, and then he withdrew the money into our joint checking. From that joint checking I paid the other credit card off. Took a few days for the money to hit the checking account, but it was very easy, and with no fees!