topic Re: Southwest card or NFCU more rewards? in Credit Cards

Southwest card or NFCU more rewards?

Learning_Tee0225 — Mon, 08 Aug 2022 00:38:06 GMT

I've got an itch to apply - Im looking to open a new account - one that is geared for rewards for traveling, flights. I'm looking at either trying 1. The Southwest rapid rewards card through Chase or 2. The Navy Federal more rewards card. I was also looking at the Go rewards simply becuse they have a 20k bonus ($200) point reward currently - but the more rewards card works better for me in reagrds to my everyday use. - is 200$ bonus worth it?

With the SouthWest card via Chase, I sit at 4/24 since my Apple card has not reported yet (its 5/24 w/ my apple card) - is it even worth it to try and apply right now before that tradeline is added? Will they just close it out if they see that card added if i happended to be approved? This is the card I'd really want because I only really fly southwest and have a lot of travel planned in the next year. Would you try for the SW card or just skip and go for the NFCU?

Current DTI is 3%

Income: 89K

No lates > 3yrs

TU: 3 inq - EQ- 1 EX- 2

F8: TU 678 EX: 654 EQ: 669

F9: TU: 619 EX: 657 EQ: 669

Re: Southwest card or NFCU more rewards?

KillingThemGingerly — Mon, 08 Aug 2022 00:52:49 GMT

I'm a huge fan of NFCU for their customer service and generous limits! However you should also consider the Wells Fargo Autograph since it has 3% on travel and a $300 bonus. Can be trickier to get approved for though and the credit limit is likely to be less generous if you are approved.

Re: Southwest card or NFCU more rewards?

Traveler101 — Mon, 08 Aug 2022 02:20:40 GMT

@Learning_Tee0225 wrote:
I've got an itch to apply - Im looking to open a new account - one that is geared for rewards for traveling, flights. I'm looking at either trying 1. The Southwest rapid rewards card through Chase or 2. The Navy Federal more rewards card. I was also looking at the Go rewards simply becuse they have a 20k bonus ($200) point reward currently - but the more rewards card works better for me in reagrds to my everyday use. - is 200$ bonus worth it?

With the SouthWest card via Chase, I sit at 4/24 since my Apple card has not reported yet (its 5/24 w/ my apple card) - is it even worth it to try and apply right now before that tradeline is added? Will they just close it out if they see that card added if i happended to be approved? This is the card I'd really want because I only really fly southwest and have a lot of travel planned in the next year. Would you try for the SW card or just skip and go for the NFCU?

Current DTI is 3%
Income: 89K
No lates > 3yrs
TU: 3 inq - EQ- 1 EX- 2
F8: TU 678 EX: 654 EQ: 669
F9: TU: 619 EX: 657 EQ: 669

I would say Navy! Get in with an outstanding lender and build up a relationship. You won't be sorry you did.

Re: Southwest card or NFCU more rewards?

Learning_Tee0225 — Mon, 08 Aug 2022 02:46:18 GMT

@KillingThemGingerly wrote:
I'm a huge fan of NFCU for their customer service and generous limits! However you should also consider the Wells Fargo Autograph since it has 3% on travel and a $300 bonus. Can be trickier to get approved for though and the credit limit is likely to be less generous if you are approved.

I'll definitely keep that in mind. I'm still in the rebuilding phase so I've been hesitant on applying with certain banks.

Re: Southwest card or NFCU more rewards?

Learning_Tee0225 — Mon, 08 Aug 2022 02:52:06 GMT

Yeah I agree Navy is the way to go. Thanks!

@Traveler101 wrote:
@Learning_Tee0225 wrote:
I've got an itch to apply - Im looking to open a new account - one that is geared for rewards for traveling, flights. I'm looking at either trying 1. The Southwest rapid rewards card through Chase or 2. The Navy Federal more rewards card. I was also looking at the Go rewards simply becuse they have a 20k bonus ($200) point reward currently - but the more rewards card works better for me in reagrds t my everyday use. - is 200$ bonus worth it?

With the SouthWest card via Chase, I sit at 4/24 since my Apple card has not reported yet (its 5/24 w/ my apple card) - is it even worth it to try and apply right now before that tradeline is added? Will they just close it out if they see that card added if i happended to be approved? This is the card I'd really want because I only really fly southwest and have a lot of travel planned in the next year. Would you try for the SW card or just skip and go for the NFCU?

Current DTI is 3%
Income: 89K
No lates > 3yrs
TU: 3 inq - EQ- 1 EX- 2
F8: TU 678 EX: 654 EQ: 669
F9: TU: 619 EX: 657 EQ: 669
I would say Navy! Get in with an outstanding lender and build up a relationship. You won't be sorry you did.

Re: Southwest card or NFCU more rewards?

OmarGB9 — Mon, 08 Aug 2022 03:54:43 GMT

There's really no telling if Chase would shut you down when the apple card reports. Chase does have good products.

On the other hand, NFCU is of course one of the best CUs, and the MR is a solid card. I have one myself and have already redeemed probably around $300 in rewards this year cause of the cashback on gas and dining (my two single highest expenses monthly due to my 100% travel job).

Re: Southwest card or NFCU more rewards?

Learning_Tee0225 — Mon, 08 Aug 2022 06:18:32 GMT

Bit the bullet and applied for NFCU - not an auto approval but also not a denial - got the:

We’ve received your application for a GO REWARDS® card and will review it as soon as possible.

Im okay with this considering I had two NFCU cards that were in collections for about two years that I paid back in FULL in April of this year - also Opted for the reward points on the Go Rewards and will attempt to swap to the More Rewards after 90 days if approved. Hope to see ya in the Credit Approvals section in 24-48

Re: Southwest card or NFCU more rewards?

OmarGB9 — Mon, 08 Aug 2022 06:29:16 GMT

Good luck!

Re: Southwest card or NFCU more rewards?

Anonymalous — Mon, 08 Aug 2022 06:29:47 GMT

The More Rewards is a great card, but it's not really a travel card. The 3% categories do include transit, but that's things like Uber or busses, not rental cars, hotels or flights. For that, you need the Flagship. Which since you're rebuilding and don't already have a card with them, probably isn't the best choice. The MR is also an Amex, which isn't as widely accepted worldwide as VISA or MC. Though it does have no foreign transaction fee, a couple of the Amex travel protections (worldwide emergency and roadside assistance, North America-only secondary collision coverage), and supposedly 25% off some car rentals (never used it). And as you noticed the SUB is pretty weak right now. Last year, it was as high as 25,000 points ($250, since it's really a cashback card). You could wait and see if it gets better toward the holiday season, or get the Go Rewards and product change it in a year (though I'd double check that Amex to VISA or MC isn't a problem). Speaking of points, they're redeemed in chunks of 5,000 ($50), which is fairly high. Though given the 3% categories are pretty broad, I find it's not that hard to hit.

It's my favorite card, and Navy has been excellent. But if your main goal is a travel card, it might not be the right one for you.

Re: Southwest card or NFCU more rewards?

Anonymalous — Mon, 08 Aug 2022 06:30:41 GMT

@Learning_Tee0225 wrote:
Bit the bullet and applied for NFCU - not an auto approval but also not a denial - got the:
We’ve received your application for a GO REWARDS® card and will review it as soon as possible.
Im okay with this considering I had two NFCU cards that were in collections for about two years that I paid back in FULL in April of this year - also Opted for the reward points on the Go Rewards and will attempt to swap to the More Rewards after 90 days if approved. Hope to see ya in the Credit Approvals section in 24-48

Looks like we cross-posted. Good luck!

Re: Southwest card or NFCU more rewards?

Traveler101 — Mon, 08 Aug 2022 10:40:54 GMT

Best of luck to you. Many have said they got back in with Navy after making good on their debts with them. Getting back in is the main objective and proving yourself over time. Let your scores climb over time. They are great with rebuilds and can overlook many things. Best of luck on your rebuild.

Re: Southwest card or NFCU more rewards?

collics — Mon, 08 Aug 2022 12:52:08 GMT

I loved My More Rewards. It was my first forreal card with a grown up limit. I wore it out haha

However I wouldn't consider it a travel card at all.

So i ended up getting PC'ing my Cash Rewards to the Flagship for general travel expenses. I haven't reached the point where I can committ to a specific airline, hotel, etc.

If you don't despise Wells Fargo, consider the Autograph as well.