topic Re: DCU Platinum vs. NFCU Platinum in Credit Cards

DCU Platinum vs. NFCU Platinum

MechEngineer — Wed, 23 Feb 2022 07:17:58 GMT

With my rewards quite rounded out and finding myself quite happy with where I'm at, I've been thinking of applying for a low APR card before I head into the garden for an extended stay. I've been considering both the NFCU Plat and the DCU Plat as my options, as both have no balance transfer fees and no cash advance fees. I currently have a preapproval offer from DCU for their Platinum card with their lowest APR, and have also seen DPs stating there is pretty regular 0% offers, which is pretty enticing. However, NFCU has a 3% lower APR compared to DCU, and I'm decently confident I can get their lowest APR. I would also like to see growth in the initial SL as I will be heavily increasing my income once I finish my degree.

Is there any consensus as to which of these cards (or any other low APR card) is best for a fee-free option in case of balance transfers or cash advances?

Re: DCU Platinum vs. NFCU Platinum

AverageJoesCredit — Wed, 23 Feb 2022 13:00:19 GMT

@MechEngineer wrote:
With my rewards quite rounded out and finding myself quite happy with where I'm at, I've been thinking of applying for a low APR card before I head into the garden for an extended stay. I've been considering both the NFCU Plat and the DCU Plat as my options, as both have no balance transfer fees and no cash advance fees. I currently have a preapproval offer from DCU for their Platinum card with their lowest APR, and have also seen DPs stating there is pretty regular 0% offers, which is pretty enticing. However, NFCU has a 3% lower APR compared to DCU, and I'm decently confident I can get their lowest APR. I would also like to see growth in the initial SL as I will be heavily increasing my income once I finish my degree.

Is there any consensus as to which of these cards (or any other low APR card) is best for a fee-free option in case of balance transfers or cash advances?

Navy Federal hands down. Better growth potential, better apr rate, and more dependable imo. DCU wont give me the time of day but honestly that doesnt colour my opinion here. Navy CA rate is 2% higher than the apr but they wont flinch on its use. Plus what i love about Navy is every month you have a balance , you will see lower minimum due amounts as time progresses. Its just a great experience imo. Im not a fan of DCU and their web experience though supposedly its changing. If you can get both fine, always good to have options but my vote is Navy first

Re: DCU Platinum vs. NFCU Platinum

SouthJamaica — Wed, 23 Feb 2022 13:35:42 GMT

@MechEngineer wrote:
With my rewards quite rounded out and finding myself quite happy with where I'm at, I've been thinking of applying for a low APR card before I head into the garden for an extended stay. I've been considering both the NFCU Plat and the DCU Plat as my options, as both have no balance transfer fees and no cash advance fees. I currently have a preapproval offer from DCU for their Platinum card with their lowest APR, and have also seen DPs stating there is pretty regular 0% offers, which is pretty enticing. However, NFCU has a 3% lower APR compared to DCU, and I'm decently confident I can get their lowest APR. I would also like to see growth in the initial SL as I will be heavily increasing my income once I finish my degree.

Is there any consensus as to which of these cards (or any other low APR card) is best for a fee-free option in case of balance transfers or cash advances?

I have, and enjoy, both cards.

NFCU typically has larger credit limits, and lower interest rates, but tacks on 2% interest if you do a cash advance rather than a balance transfer.

DCU offers the ability to link your card to your checking, so once you do that you can automatically use it as a line of credit.

DCU's checking has the 2-day early direct deposit. NFCU has only 1-day and only if you make a few phone calls to get it.

Both offer annual 0% balance transfer offers, but NFCU's extends over a longer period.

They're both good, but if I could only have one I'd pick Navy.

Re: DCU Platinum vs. NFCU Platinum

Wavester64 — Wed, 23 Feb 2022 16:51:25 GMT

@MechEngineer wrote:
With my rewards quite rounded out and finding myself quite happy with where I'm at, I've been thinking of applying for a low APR card before I head into the garden for an extended stay. I've been considering both the NFCU Plat and the DCU Plat as my options, as both have no balance transfer fees and no cash advance fees. I currently have a preapproval offer from DCU for their Platinum card with their lowest APR, and have also seen DPs stating there is pretty regular 0% offers, which is pretty enticing. However, NFCU has a 3% lower APR compared to DCU, and I'm decently confident I can get their lowest APR. I would also like to see growth in the initial SL as I will be heavily increasing my income once I finish my degree.

Is there any consensus as to which of these cards (or any other low APR card) is best for a fee-free option in case of balance transfers or cash advances?

I have both, and I would say if I had to pick one it would be DCU's card. They offered me 2xs (last January and this January) the option to transfer debt from other cards without a fee and the payback time was 6-months last year, and 7-months this year with 0% APR. Pretty good to have if after the holidays you have a lot of spending on the CB cards and now you need a place to put the charges to have some time to pay them off

Re: DCU Platinum vs. NFCU Platinum

CYBERSAM — Wed, 23 Feb 2022 17:06:20 GMT

You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!

Link would show up as pre-approved and you'll get around 10K with SP.

DCU site is changing and credit card may change soon after!

Re: DCU Platinum vs. NFCU Platinum

MechEngineer — Wed, 23 Feb 2022 19:17:00 GMT

As @SouthJamaica mentioned, Navy has a longer 0% offer than DCU. However DCU does have, as you mentioned, offers every now and then for an additional 0% APR period. Have you recieved similar offers for the Navy Platinum, and how long have you been recieving the DCU 0% offers? I don't need a 0% period at the moment with a 0% BT currently active on my Barclays View and 0% on my Citi Custom Cash, but would like to have it in the future if needed.

Re: DCU Platinum vs. NFCU Platinum

MechEngineer — Wed, 23 Feb 2022 19:26:54 GMT

I do currently have a SP pre-approved offer currently for the Platinum from DCU with a $10k SL and 8.5% APR! Do you know if there is a POI requirement with the pre-approvals? I've seen DP's for both no needed POI and required POI.

Re: DCU Platinum vs. NFCU Platinum

CYBERSAM — Wed, 23 Feb 2022 19:41:07 GMT

@MechEngineer wrote:
I do currently have a SP pre-approved offer currently for the Platinum from DCU with a $10k SL and 8.5% APR! Do you know if there is a POI requirement with the pre-approvals? I've seen DP's for both no needed POI and required POI.

As you said POI could be required, but mostly is instant approval with SP!

Can't go wrong with SP, 8.5% APR, 10K approval!

Re: DCU Platinum vs. NFCU Platinum

AverageJoesCredit — Wed, 23 Feb 2022 20:11:09 GMT

@CYBERSAM wrote:
You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!
Link would show up as pre-approved and you'll get around 10K with SP.
DCU site is changing and credit card may change soon after!

Lol, where do i find this? Ive been with them almost a year and all i get is crickets. Ill probably receive an offer about the same time i receive a PF offer. Unfortunately im not in demographic....people with money lol. I guess at least i can tell people i live in the DCU 🦸‍♂️

Re: DCU Platinum vs. NFCU Platinum

CYBERSAM — Wed, 23 Feb 2022 20:20:35 GMT

@AverageJoesCredit wrote:
@CYBERSAM wrote:
You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!
Link would show up as pre-approved and you'll get around 10K with SP.
DCU site is changing and credit card may change soon after!
Lol, where do i find this? Ive been with them almost a year and all i get is crickets. Ill probably receive an offer about the same time i receive a PF offer. Unfortunately im not in demographic....people with money lol. I guess at least i can tell people i live in the DCU 🦸‍♂️

As of now they are showing offers with gold button! That means pre-approved! You should at least have one for 2K 10% Loan. If you have that for Credit Card, it means SP. If offers are not pre-approved then it would show in Green apply button!

Re: DCU Platinum vs. NFCU Platinum

AverageJoesCredit — Wed, 23 Feb 2022 22:47:38 GMT

@CYBERSAM wrote:
@AverageJoesCredit wrote:
@CYBERSAM wrote:
You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!
Link would show up as pre-approved and you'll get around 10K with SP.
DCU site is changing and credit card may change soon after!
Lol, where do i find this? Ive been with them almost a year and all i get is crickets. Ill probably receive an offer about the same time i receive a PF offer. Unfortunately im not in demographic....people with money lol. I guess at least i can tell people i live in the DCU 🦸‍♂️
As of now they are showing offers with gold button! That means pre-approved! You should at least have one for 2K 10% Loan. If you have that for Credit Card, it means SP. If offers are not pre-approved then it would show in Green apply button!

Ill check but after being denied a cc for 2nd time ive basically given up on DCU. They are not interested in my profile Good info though Sam

Re: DCU Platinum vs. NFCU Platinum

FinStar — Wed, 23 Feb 2022 23:32:41 GMT

@AverageJoesCredit wrote:
@CYBERSAM wrote:
You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!
Link would show up as pre-approved and you'll get around 10K with SP.
DCU site is changing and credit card may change soon after!
Lol, where do i find this? Ive been with them almost a year and all i get is crickets. Ill probably receive an offer about the same time i receive a PF offer. Unfortunately im not in demographic....people with money lol. I guess at least i can tell people i live in the DCU 🦸‍♂️

Contrary to this statement, there are plenty of DCU customers with low incomes who have received and accepted CC, auto loan, personal loan offers, etc. As you stated, you're not on their radar for whatever factors may be of consideration -- potentially your income in relation to very high debt (DTI)? But, low incomes in it of themselves have not stopped DCU from yielding decent offers and/or approving folks, it's all profile-specific.

Re: DCU Platinum vs. NFCU Platinum

AverageJoesCredit — Thu, 24 Feb 2022 00:15:48 GMT

@FinStar wrote:
@AverageJoesCredit wrote:
@CYBERSAM wrote:
You can get DCU Platinum with SP once your score is high enough and you have been with them for few months!
Link would show up as pre-approved and you'll get around 10K with SP.
DCU site is changing and credit card may change soon after!
Lol, where do i find this? Ive been with them almost a year and all i get is crickets. Ill probably receive an offer about the same time i receive a PF offer. Unfortunately im not in demographic....people with money lol. I guess at least i can tell people i live in the DCU 🦸‍♂️
Contrary to this statement, there are plenty of DCU customers with low incomes who have received and accepted CC, auto loan, personal loan offers, etc. As you stated, you're not on their radar for whatever factors may be of consideration -- potentially your income in relation to very high debt (DTI)? But, low incomes in it of themselves have not stopped DCU from yielding decent offers and/or approving folks, it's all profile-specific.

This is true @FinStar . Its a bad habit of mine lol but i understand your point and sorry if it came out wrong. Definetly the dti and high debt with me. I actually just signed in and there was the quick loan option available to me though i wont take it or try due to not wanting to add more debt. Ill be sure not to bring up my income in future post as its not relevant and everone has there own journeys. Cheers.

Re: DCU Platinum vs. NFCU Platinum

MechEngineer — Mon, 28 Feb 2022 18:29:19 GMT

Did get an approval, will be posting DP's in the Approvals Board.