topic Re: Oldest cards on chopping block in Credit Cards

Oldest cards on chopping block

sznthescore — Fri, 03 Mar 2023 17:09:21 GMT

My two oldest cards are on the chopping block.

nRewards - Hasn’t unsecured yet, but I was recently approved for a cashRewards $4,100 SL

I believe it’s because I’ve turned off the automatic CLI feature. I’ll call to turn it back on once I have new card in-hand.

My strategy to save the history is to give it more time. Once it graduates and I’ve acquired the minimum $5k limit, pc it to Flagship or some other card in NFCU's line-up. Just a possible thought strategy.

Unify Classic (secured) - Card never graduates. As I’m consolidating deposit accounts… I plan to close the secured card and cancel membership. Move the $1k limit over to nRewards. Unify has been great, but no Cashback cards or tap-to-pay on any of their cards (debit/credit)… 😏

Suggestions are welcomed.

Re: Oldest cards on chopping block

acreditdummy123 — Sun, 05 Mar 2023 08:31:26 GMT

just close them if you don't use it. and just get new cards.

Re: Oldest cards on chopping block

SouthJamaica — Sun, 05 Mar 2023 13:16:22 GMT

@sznthescore wrote:
My two oldest cards are on the chopping block.

nRewards - Hasn’t unsecured yet, but I was recently approved for a cashRewards $4,100 SL

I believe it’s because I’ve turned off the automatic CLI feature. I’ll call to turn it back on once I have new card in-hand.

My strategy to save the history is to give it more time. Once it graduates and I’ve acquired the minimum $5k limit, pc it to Flagship or some other card in NFCU's line-up. Just a possible thought strategy.

Unify Classic (secured) - Card never graduates. As I’m consolidating deposit accounts… I plan to close the secured card and cancel membership. Move the $1k limit over to nRewards. Unify has been great, but no Cashback cards or tap-to-pay on any of their cards (debit/credit)… 😏

Suggestions are welcomed.

My advice:

1. If I were you I would keep them open. They are needed in your profile.

2. It's no longer easy to pc or move limits with Navy.

3. Both your Unify and Navy relationships are valuable, and should be preserved.

Re: Oldest cards on chopping block

SUPERSQUID — Sun, 05 Mar 2023 13:24:12 GMT

@sznthescore wrote:
My two oldest cards are on the chopping block.

nRewards - Hasn’t unsecured yet, but I was recently approved for a cashRewards $4,100 SL

I believe it’s because I’ve turned off the automatic CLI feature. I’ll call to turn it back on once I have new card in-hand.

My strategy to save the history is to give it more time. Once it graduates and I’ve acquired the minimum $5k limit, pc it to Flagship or some other card in NFCU's line-up. Just a possible thought strategy.

Unify Classic (secured) - Card never graduates. As I’m consolidating deposit accounts… I plan to close the secured card and cancel membership. Move the $1k limit over to nRewards. Unify has been great, but no Cashback cards or tap-to-pay on any of their cards (debit/credit)… 😏

Suggestions are welcomed.

I hope I read your post right, you think by turning off the automatic cli's on one navy card it affects the other navy card?

From my personal experience I don't beleive it works that way.

I have 2 navy cards and had to request blocking the automatic cli's on each card individually, 1 request per card. ymmv

Maybe you should call them and confirm what i say

Re: Oldest cards on chopping block

Lou-natic — Sun, 05 Mar 2023 14:19:48 GMT

Dumb question but why would you want to block automatic CLIs in the first place? That's just crazy talk.

Re: Oldest cards on chopping block

sznthescore — Sun, 05 Mar 2023 18:03:51 GMT

@SUPERSQUID wrote:
@sznthescore wrote:
My two oldest cards are on the chopping block.

nRewards - Hasn’t unsecured yet, but I was recently approved for a cashRewards $4,100 SL

I believe it’s because I’ve turned off the automatic CLI feature. I’ll call to turn it back on once I have new card in-hand.

My strategy to save the history is to give it more time. Once it graduates and I’ve acquired the minimum $5k limit, pc it to Flagship or some other card in NFCU's line-up. Just a possible thought strategy.

Unify Classic (secured) - Card never graduates. As I’m consolidating deposit accounts… I plan to close the secured card and cancel membership. Move the $1k limit over to nRewards. Unify has been great, but no Cashback cards or tap-to-pay on any of their cards (debit/credit)… 😏

Suggestions are welcomed.
I hope I read your post right, you think by turning off the automatic cli's on one navy card it affects the other navy card?
From my personal experience I don't beleive it works that way.
I have 2 navy cards and had to request blocking the automatic cli's on each card individually, 1 request per card. ymmv
Maybe you should call them and confirm what i say

@SUPERSQUID It's turned off on the nRewards the card that hasn't graduated. I found out another possible reason as to why the card hasn't graduated. I'm going to just SD the card.

Re: Oldest cards on chopping block

sznthescore — Sun, 05 Mar 2023 16:08:05 GMT

@Lou-natic wrote:
Dumb question but why would you want to block automatic CLIs in the first place? That's just crazy talk.

Lol 😂 🤣.... You know what!? 🤔 You have a point. In my situation crazy for sure... as I need to be taking anything they'll give. In times past, ppl weren't getting the max possible due to the auto increases given by the system, so they wanted to be in control and just request every 6 months like clock work on their own. Requesting the max and accepting a counter offer if available.

Re: Oldest cards on chopping block

SUPERSQUID — Sun, 05 Mar 2023 17:03:40 GMT

@Lou-natic wrote:
Dumb question but why would you want to block automatic CLIs in the first place? That's just crazy talk.

Some people, me included block automatic cli's on NFCU credit cards because NFCU has been known to slip in a 2500 cli on your card when in 2 weeks or so you could have asked for and gotten 8000 and now have to wait another 6 months to ask again and they just might do the same thing again and in that span your cl would have gone up 5k instead of 16k.

Re: Oldest cards on chopping block

OmarGB9 — Sun, 05 Mar 2023 19:54:17 GMT

Blocking the automatic CLIs wouldn't be a reason for not graduating. Reasons a card won't unsecure are high (in Navy's eyes) DTI, sometimes lack of DD activity, and of course poor/irresponsible (again, in Navy's view; not saying that that is the case) of your other accounts. How old is the nRewards? Mine also didn't graduate at 6 months, but it did at 13.

Re: Oldest cards on chopping block

sznthescore — Sun, 05 Mar 2023 20:24:57 GMT

@OmarGB9 wrote:
Blocking the automatic CLIs wouldn't be a reason for not graduating. Reasons a card won't unsecure are high (in Navy's eyes) DTI, sometimes lack of DD activity, and of course poor/irresponsible (again, in Navy's view; not saying that that is the case) of your other accounts. How old is the nRewards? Mine also didn't graduate at 6 months, but it did at 13.

@OmarGB9 Its age is 1 yr 8mos. What I really dont understand is... If the account is reviewed at 3months, then 6 months, then monthly thereafter to see if eligible, why didn't it happen before my recent cold app approval? However, new card is eligible for the current SUB.

So my plan is when it graduates to pc from the cashRewards thats the standard upgrade to another product. I'll be eligible since I've had the account for over a year.

Re: Oldest cards on chopping block

OmarGB9 — Sun, 05 Mar 2023 23:09:24 GMT

@sznthescore wrote:
@OmarGB9 wrote:
Blocking the automatic CLIs wouldn't be a reason for not graduating. Reasons a card won't unsecure are high (in Navy's eyes) DTI, sometimes lack of DD activity, and of course poor/irresponsible (again, in Navy's view; not saying that that is the case) of your other accounts. How old is the nRewards? Mine also didn't graduate at 6 months, but it did at 13.
@OmarGB9 Its age is 1 yr 8mos. What I really dont understand is... If the account is reviewed at 3months, then 6 months, then monthly thereafter to see if eligible, why didn't it happen before my recent cold app approval? However, new card is eligible for the current SUB.

So my plan is when it graduates to pc from the cashRewards thats the standard upgrade to another product. I'll be eligible since I've had the account for over a year.

I have no idea. You'd have to ask Navy themselves; and even then, I doubt you'd get a straight answer. It's just the way it is sometimes. But you're far from the only one that this has happened to. In any case, it sounds like you've got a plan in place already.

Re: Oldest cards on chopping block

Lou-natic — Mon, 06 Mar 2023 00:37:52 GMT

@SUPERSQUID wrote:
@Lou-natic wrote:
Dumb question but why would you want to block automatic CLIs in the first place? That's just crazy talk.
Some people, me included block automatic cli's on NFCU credit cards because NFCU has been known to slip in a 2500 cli on your card when in 2 weeks or so you could have asked for and gotten 8000 and now have to wait another 6 months to ask again and they just might do the same thing again and in that span your cl would have gone up 5k instead of 16k.

This actually makes sense. I would probably do the same thing then.

Re: Oldest cards on chopping block

SweetCreditObsession — Mon, 06 Mar 2023 03:02:40 GMT

Unify is NOTHING like it was back in the WFCU days. I'd do the same as you and drop the secured card. I might keep the account though...I've found they manage electronic transfers to external accts faster than my primary CU.