topic Re: navy fed trifecta - is it worth it? in Credit Cards

navy fed trifecta - is it worth it?

mfinsmi1 — Mon, 03 Oct 2022 23:11:50 GMT

as you can see from my signature i have multiple 2% cards - but im wondering if its still worth it to get a 3rd nfcu card the cash rewards to complete my trio .. the only thing that really is pushing me to go thru with it when the time is right is the ability to get another huge SL .

do you think its a stupid idea to get a 1.75% cash back card when i have other cards with better cash back?

Re: navy fed trifecta - is it worth it?

coldfusion — Tue, 04 Oct 2022 00:09:45 GMT

Personally I'd think about instead working to grow both of your existing cards to higher limits especially with one of them being a Flagship.

Re: navy fed trifecta - is it worth it?

Anonymous — Tue, 04 Oct 2022 00:29:46 GMT

Nothing special about a trifecta. MyFico seemed to get into with Chase, and even there the definition varies AND it won't be useful for everyone. Sometimes one card from a lender is all that is needed (e.g. AOD), sometimes, for some people, four or more are needed to get good value (e.g. Amex for some).

Re: navy fed trifecta - is it worth it?

OmarGB9 — Tue, 04 Oct 2022 01:07:58 GMT

@Anonymous wrote:
Nothing special about a trifecta. MyFico seemed to get into with Chase, and even there the definition varies AND it won't be useful for everyone. Sometimes one card from a lender is all that is needed (e.g. AOD), sometimes, for some people, four or more are needed to get good value (e.g. Amex for some).

Agree with this.

Re: navy fed trifecta - is it worth it?

Lou-natic — Tue, 04 Oct 2022 01:10:10 GMT

I would pass, you'll end up never using it and it will eat into your available credit for your other cards as NFCU has a total 80k cap across all cards. I'd rather grow the ones that matter, I know I wouldn't pull out a 1.75% card if I had mutiple 2% cards. Which is why I refuse to app for a NFCU cash rewards card. If they ever make it 2% I'd at least consider it.

One of my QS cards is unused and the other still has the 0% interest promo so is being used for a small medical bill.

Re: navy fed trifecta - is it worth it?

UncleB — Tue, 04 Oct 2022 01:58:55 GMT

@mfinsmi1 wrote:
as you can see from my signature i have multiple 2% cards - but im wondering if its still worth it to get a 3rd nfcu card the cash rewards to complete my trio .. the only thing that really is pushing me to go thru with it when the time is right is the ability to get another huge SL .

do you think its a stupid idea to get a 1.75% cash back card when i have other cards with better cash back?

Whatever you decide, just keep in mind that unlike other "trifectas" you can't combine points across NFCU cards... they all earn in different buckets.

If you really just want a third NFCU card perhaps the Platinum might be one to consider. I have one myself that doesn't get swiped often but it's nice to have a low-APR option available (and the occasional after-holiday BT offer isn't bad, either).