topic Re: NFCU Frustration- When Will NREWARDS Graduate?!? in Credit Cards

NFCU Frustration- When Will NREWARDS Graduate?!?

kidink1911 — Sun, 09 Jan 2022 10:25:16 GMT

So I woke up this morning and checked my NFCU app to see if my nRewards VISA had unsecured and graduated. I've had the card for a year now with no CLIs or becoming unsecure.

In that SAME year I've been approved for the More Rewards and cashRewards Visa Signature as well as maintaining ample balances in my Flagship Checking, Savings, and certificates.

I called the CSR at NFCU and asked when will the nRewards unsecure. The CSR could hear my frustration with the amount of spend I do with the other 2 cards and PIF on both.

I just feel defeated with this nRewards card. When will it be my time for my card to graduate? (rhetorical question but I just had to vent- it's frustrating :smileymad).

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

M_Smart007 — Sun, 09 Jan 2022 10:43:02 GMT

I personally would close the card.

You have More Rewards and Cash Rewards.

After it is closed, you could always apply for a third unsecured card.

It really is not worth being frustrated over. JMHO

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

WavysMommy — Sun, 09 Jan 2022 12:28:30 GMT

@kidink1911 wrote:
So I woke up this morning and checked my NFCU app to see if my nRewards VISA had unsecured and graduated. I've had the card for a year now with no CLIs or becoming unsecure.

In that SAME year I've been approved for the More Rewards and cashRewards Visa Signature as well as maintaining ample balances in my Flagship Checking, Savings, and certificates.

I called the CSR at NFCU and asked when will the nRewards unsecure. The CSR could hear my frustration with the amount of spend I do with the other 2 cards and PIF on both.

I just feel defeated with this nRewards card. When will it be my time for my card to graduate? (rhetorical question but I just had to vent- it's frustrating :smileymad).

My NRewards graduated shortly after my Go Rewards approval. I know it can be frustrating but it will happen. I was almost at a year when it finally graduated. Not sure what triggers it but I would say just be patient a little longer. It would be a waste of a pull to close it out of frustration.

When was you last NavyFed approval? And how many other cards in the last 12 months?

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

Lou-natic — Sun, 09 Jan 2022 14:08:31 GMT

What does the nRewards graduate to? ~~Does it stay at 1 point per dollar but you just get your deposit back or does it graduate to a different card?~~ I see now...

"Then, at 6 months, we’ll review your account monthly to see if you’re eligible to have your hold removed and be upgraded to a cashRewards unsecured card."

Since you already have a cash rewards card I would close the secured card.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

kidink1911 — Sun, 09 Jan 2022 14:07:55 GMT

My last NFCU approval was in November with my cashRewards Visa Signature card and I was approved in April 2021 for the More Rewards card. I did get approved for 2 other cards in the last year.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

BearsCubsOtters — Sun, 09 Jan 2022 16:01:56 GMT

@kidink1911 wrote:
So I woke up this morning and checked my NFCU app to see if my nRewards VISA had unsecured and graduated. I've had the card for a year now with no CLIs or becoming unsecure.

In that SAME year I've been approved for the More Rewards and cashRewards Visa Signature as well as maintaining ample balances in my Flagship Checking, Savings, and certificates.

I called the CSR at NFCU and asked when will the nRewards unsecure. The CSR could hear my frustration with the amount of spend I do with the other 2 cards and PIF on both.

I just feel defeated with this nRewards card. When will it be my time for my card to graduate? (rhetorical question but I just had to vent- it's frustrating :smileymad).

It does not seem to make sense does it? Giving you two other cards but not unsecuring the secured card.

However, in reviewing your other cards, you have very low credit lines across the board. In fact, NFCU has given you your current highest limit. My theory is that you may have reached the internal threshold of available credit that NFCU is willing to lend to you at this time. Therefore, they cannot unsecure the nRewards card until your credit profile qualifies for more credit. This could be as little as six months away (as long as you resist requesting CLIs on the other two cards).

As others have said, it does not seem worth getting upset about. You could close the account and move on, or accept it the way it is and keep it for age and eventually see it become unsecured.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

AverageJoesCredit — Sun, 09 Jan 2022 16:17:57 GMT

Given how many good cards you currently have i wouldnt think twice about closing a secured card, Navy or not. The purpose of a secured card is to get to the next step in procuring ynsecured credit cards which you have done. You are well on yiur way to establishibg history with Navy with your other two. Jmho

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

Anonymous — Sun, 09 Jan 2022 20:34:06 GMT

It took about a year and a half for my card to get unsecured. It can be frustrating while you wait, but it will happen eventually!

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

OmarGB9 — Mon, 10 Jan 2022 00:04:16 GMT

@AverageJoesCredit wrote:
Given how many good cards you currently have i wouldnt think twice about closing a secured card, Navy or not. The purpose of a secured card is to get to the next step in procuring ynsecured credit cards which you have done. You are well on yiur way to establishibg history with Navy with your other two. Jmho

I agree with this.

Just for reference though, my secured card took 13 months to graduate.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

CreditInspired — Mon, 10 Jan 2022 00:34:43 GMT

@M_Smart007 wrote:
I personally would close the card.
You have More Rewards and Cash Rewards.
After it is closed, you could always apply for a third unsecured card.
It really is not worth being frustrated over. JMHO

+100

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

SN1209 — Thu, 20 Jan 2022 03:05:22 GMT

Mine finally graduated after 20 months, zero late pays, running thousands through the card etc. I was just approved for am Amex platinum, and plan to make that the daily driver. I could not for the life of me understand why they didn't graduate until right now but it is what it is and it's finally done. Just be patient. Or, as others have said just cancel it out. You seem to have multiple other great cards

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

jmw1 — Thu, 20 Jan 2022 04:27:25 GMT

I'm just guessing here, but maybe you are at the unsecured max for Navy given your credit profile so the computer can't unsecure the card, which would be like giving you a CLI beyond the max. My nRewards with the $200 minimum secured graduated in 6 months at $2k with partial graduation of $600 at month 2. I did not try to apply for any other credit products from Navy.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

Santaclausthereal — Thu, 20 Jan 2022 16:30:35 GMT

I would personally just hang in there i was in the same boat as you I have 3 navy federal secured cards with 5,000 secured line one has been open going on a year as of february the other 2 are 9 months old i have the max amount of navy cc for my profile at this time ive been waiting on graduation and they just graduated one of my cards 2 days ago funny thing is they graduated one of the cards that was 9 months old and not the oldest one i guess cause that one cycled out first and they review on cycle close date Im still waiting on the other 2 to unsecure they also didnt increase credit line on the one that graduated it stayed at $5000 im assuming because I put the max amount on secured credits cards i could they decided to not give me an increase cause my limit is already high. Also as a side note i have 4 chargeoff on my experian and transunion credit report and 1 on my equifax with my fico 8 scores sitting at equifax 574 transunion 630 and experian 625

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

TryItAgain — Thu, 20 Jan 2022 18:28:57 GMT

I would not worry, here is how my NF secured card and overall relationship played out..

I opened my secured NFCU NRewards with $1000 SL on 5-2014, my 1st NF credit product after 12-2012 BK7. Just 1 Month later I was approved for a NF CashRewards 5k SL + NavCheck $8k SL after reading this forum (TYVM all). Jump forward to 3-2015 requested CLI on Navcheck (again after reading forum) to 15K max and was approved. Then 9-2015 approved for 3rd NF card, the Flapship with 5k SL.

So at this point I still had the lowly $1k CL NRewards secured. Yet on 11-2015 they unsecured it automatically & changed it it to More Rewards, I immediately requested CLI and it added $9k for a now $10k Limit un-secured.

Jump to today and along the way I have requested a few CLI's and pc'd that More rewards into the Amex More Rew (25k limit), Flagship (25k limit), Cash Rew (22k limit), and the $15k Navcheck LOC + plus numerous auto loans and personal loans received and payed off in that time (weee Tesla).

Moral of the story is, treat Navy Federal right, and they will treat you right. Do NOT be concerned if it's not the exact month as others, it will happen if you use it, pay it and manage all your credit appropriately.

Just remember... "Pain heals, chicks dig scars, glory lasts forever!" Hang in there!

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

collics — Thu, 20 Jan 2022 20:56:25 GMT

Wow the internal limit reach reason makes so much sense. I haven't seen anyone explain that for secured until this thread.

And since it's not an app/hard pull, you wouldn't really know since it's no denial letter involved.

So the best option for those that were approved for other Navy cards would be to close the secured and get their deposit back.

Otherwise they would be waiting for an indeterminate amount of time for Navy to increase their internal limit.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

pip3man — Thu, 20 Jan 2022 23:46:37 GMT

If this makes you feel any better, I've had my nRewards going on 1 year & 4 months and it still hasn't unsecured. Got it the following month after my BK7 discharge with the maximum $5k deposit. I've called customer service countless times to find answers why but none has yielded any tangible reason. So at this point I've given up hopes of getting unsecured. Funny enough I was just approved last month for a $1k More Rewards AMEX after being declined several times for reaching maximum unsecured limit even though I don't have any unsecured credit with Navy besides the nRewards.

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

Santaclausthereal — Thu, 27 Jan 2022 00:48:37 GMT

just an update they just unsecured another one of my secured cards again this month cycle closed on the 22nd of this month they graduated me today on the 26th no credit line increase tho I had 3 5k secured so 2 have become unsecured the last secured card cycled out on 01/25 i think they may unsecure this one too seeing they just unsecured the 2 from what i see it takes about 3 to 4 days from cycle close to find out if you are upgraded by signing in and seeing ill keep you all informed about the 3rd secured card which is the longest ive had opened i think they are going to unsecured i should know by monday of next week

Re: NFCU Frustration- When Will NREWARDS Graduate?!?

pip3man — Mon, 31 Jan 2022 23:26:30 GMT

@Santaclausthereal good luck and hope you get unsecured. Mine just graduated 2 days ago after 1.5yrs, feels good to finally see it happen. Let us know the outcome