topic Re: NFCU Flagship question in Credit Cards

NFCU Flagship question

NeverTubetheGoose — Mon, 25 Oct 2021 11:14:59 GMT

I have two questions about the Flagship card and a question about the gorewards card.

1. I know the Flagship card is a bit more difficult to get than the others. I've been with Navy for about a year and a half. Use my cashRewards card as my daily driver and never carry a balance (pay it off daily). I use my goRewards card for gas and pay it off immediately. I would like to get the FS. Can I PC over to the FS or do I have to apply? My current FICO8 is 683 and FICO9 (from Navy) is 719. Going through the rebulding over the last two years, I have about 9 HPs. I have a car loan with Navy that is about 65% paid off. I recently applied for a mortgage refi with them but was denied due to the bk. Would it be worth calling and seeing if I can PC or just apply?

2. The FS has a pretty good SUB right now. If I PC, do I still qualify for it?

3. When I look at the cash back rewards on my goRewards it gives two dollar ranges, $50-400 and $500-1000. Is there any reason they separate it like that?

Re: NFCU Flagship question

BearsCubsOtters — Mon, 25 Oct 2021 11:34:13 GMT

@NeverTubetheGoose wrote:
I have two questions about the Flagship card and a question about the gorewards card.

1. I know the Flagship card is a bit more difficult to get than the others. I've been with Navy for about a year and a half. Use my cashRewards card as my daily driver and never carry a balance (pay it off daily). I use my goRewards card for gas and pay it off immediately. I would like to get the FS. Can I PC over to the FS or do I have to apply? My current FICO8 is 683 and FICO9 (from Navy) is 719. Going through the rebulding over the last two years, I have about 9 HPs. I have a car loan with Navy that is about 65% paid off. I recently applied for a mortgage refi with them but was denied due to the bk. Would it be worth calling and seeing if I can PC or just apply? Yes, you can PC but then you lose sign-up bonus

2. The FS has a pretty good SUB right now. If I PC, do I still qualify for it? No, if you PC, you will not earn the sign-up bonus

3. When I look at the cash back rewards on my goRewards it gives two dollar ranges, $50-400 and $500-1000. Is there any reason they separate it like that? I will have to let someone else answer this. I am not familiar with the GoRewards card.

Re: NFCU Flagship question

NeverTubetheGoose — Mon, 25 Oct 2021 11:51:02 GMT

Thanks for the answers. I guess that leads to a follow up question. Does Navy allow 3 of their cards?

Re: NFCU Flagship question

5KRunner — Mon, 25 Oct 2021 12:21:51 GMT

@NeverTubetheGoose wrote:
Thanks for the answers. I guess that leads to a follow up question. Does Navy allow 3 of their cards?

Yes... I recently canceled my NFCU Platinum, but before that, I had 3 of their cards.

Re: NFCU Flagship question

coldfusion — Mon, 25 Oct 2021 12:23:27 GMT

@NeverTubetheGoose wrote:
Thanks for the answers. I guess that leads to a follow up question. Does Navy allow 3 of their cards?

Yes - 3 is the maximum and over the last several years a number of people here have reported doing it. At one point here it was kind of a running joke here to get a NFCU trifecta

Re: NFCU Flagship question

NeverTubetheGoose — Mon, 25 Oct 2021 12:27:58 GMT

Lol, I would be happy to have just the flagship card and cancel the other two. Any idea if it makes a difference that my last CLI was less than 6 months ago?

Re: NFCU Flagship question

rostrow416 — Mon, 25 Oct 2021 12:38:03 GMT

You can only product change a card thats been open at least a year.

Re: NFCU Flagship question

coldfusion — Mon, 25 Oct 2021 12:38:38 GMT

@NeverTubetheGoose wrote:
Lol, I would be happy to have just the flagship card and cancel the other two. Any idea if it makes a difference that my last CLI was less than 6 months ago?

Only in the context of their being willing to extend you at least another $5K worth of credit to meet the mininum SL for the Flagship.

Re: NFCU Flagship question

coldfusion — Mon, 25 Oct 2021 12:44:43 GMT

@rostrow416 wrote:
You can only product change a card thats been open at least a year.

The legal restriction only applies if the intended target has a higher AF than the current card, so you are correct that you can't PC to a Flagship if your current non-AF card is less than a year old. NFCU will however at least sometimes PC a just-activated non-AF card to another one and occasionally we have a member here reporting they've successfully done it.

Re: NFCU Flagship question

NeverTubetheGoose — Mon, 25 Oct 2021 13:58:13 GMT

I just pulled the trigger and got approved. $22k at 13.49% Thank you all for the information.

Re: NFCU Flagship question

gdale6 — Mon, 25 Oct 2021 16:29:03 GMT

As OP has now been approved this thread is closed to further comment. OP is free to create an approval thread if so desired.