topic Re: Applied for NFCU cashrewards & got 3-5 message in Credit Cards

Applied for NFCU cashrewards & got 3-5 message

Anonymous — Tue, 09 Mar 2010 21:23:50 GMT

Does this mean a denial? It said it takes 3-5 days for a CC review

Re: Applied for NFCU cashrewards & got 3-5 message

smallfry — Tue, 09 Mar 2010 21:42:41 GMT

You could always call. I would.

Re: Applied for NFCU cashrewards & got 3-5 message

johnosonc — Tue, 09 Mar 2010 23:06:36 GMT

I don't think so. I got the same message and was approved for a $2000 limit.

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Tue, 09 Mar 2010 23:08:21 GMT

how long did it take? did they contact you or did you call them? What number did you use?

Re: Applied for NFCU cashrewards & got 3-5 message

johnosonc — Tue, 09 Mar 2010 23:09:43 GMT

It took 4 days. I called everyday before and they kept telling me to wait. Then I went to check the status in the online message center and saw the approved. Still haven't received my card though.

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Tue, 09 Mar 2010 23:43:10 GMT

thanks, I also applied for a personal loan on Sunday haven't heard anything yet on that. OK so I just called and for my loan they need to verify employment so they needed the number. The CC doesn't show anything yet. She said 3-5 days.

Message Edited by mnegron1969 on 03-09-2010 06:43 PM

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Wed, 10 Mar 2010 13:02:50 GMT

Does NFCU do instant approvals?

Re: Applied for NFCU cashrewards & got 3-5 message

johnosonc — Wed, 10 Mar 2010 13:16:15 GMT

I don't believe they do. When you call they say that all applications take 3-5 business days to approve. It's the best part about a credit union. Someone manually looks at everything.

Re: Applied for NFCU cashrewards & got 3-5 message

rom828 — Wed, 10 Mar 2010 16:00:24 GMT

The NFCU CSR advised I was eligible for Cash Rewards card when we were on phone discussing other matters......he ran the app and I did get instant approval on that card.

About a month later I apped on line for the Platinum and received the 3-5 message.

I read on this forum (I'm always learning something here!!) you can check status on line w/NFCU and that's what I did the vey next day and it showed I was approved for the card.

Just go to "Other Services" tab and then click on "Lending Services" and select "Check status of pending loan application" which shows status for all loan and/or credit card apps pending. You should see the status right there.

Let us know!!

Re: Applied for NFCU cashrewards & got 3-5 message

TangMeister — Wed, 10 Mar 2010 22:06:10 GMT

@Anonymous wrote:
Does NFCU do instant approvals?

Yes, there are still instant approvals via online apps as well as phone apps for credit cards, etc..., but they are less common the past year or so since underwriting standards tightened.

Message Edited by TangMeister on 03-10-2010 02:06 PM

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Wed, 10 Mar 2010 22:25:09 GMT

I checked status online and I seen it said voided under credit card so I called in was told they needed additional info for me to fax in so I did that today. No word yet on my loan. I will keep you updated on the outcome.

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 12:58:22 GMT

Ok checked status online yesterday and took notice my bal was $0 when I had $50 in savings, so I called in to find out I need to talk to member services and they were gone for the day. They said I am not eligible but I am, my husband was in the Navy out of high school and got honorably discharged I faxed a copy of the ceritifcate to them yesterday. Any input?

Re: Applied for NFCU cashrewards & got 3-5 message

bluewillow — Fri, 12 Mar 2010 13:22:08 GMT

If you husband was discharged from Navy and was not a member prior then no you are not eligible.

Only active military & familes, Department of Defense employees & family including retired, Department of Defense contractors & family.

My husband as well was in Navy & his DD214's are not going to make me eligible. I have to go through my Daughter in law & son as she is a Department of Defense employee.

Re: Applied for NFCU cashrewards & got 3-5 message

bluewillow — Fri, 12 Mar 2010 13:23:25 GMT

That said....I don't know why they don't open membership to veterans with an honorable discharge.

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 14:43:00 GMT

@mnegron1969 wrote:
Ok checked status online yesterday and took notice my bal was $0 when I had $50 in savings, so I called in to find out I need to talk to member services and they were gone for the day. They said I am not eligible but I am, my husband was in the Navy out of high school and got honorably discharged I faxed a copy of the ceritifcate to them yesterday. Any input?

So they gave you membership with account #, and then tell you you're not eligible after the fact? How did you apply for membership?

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 16:45:46 GMT

Yes, I would agree that you are not eligible, unless your husband joined NFCU during his active Navy time; or unless he was discharged with retirment or other pension (paid) benefits.

NFCU doesn't open membership to prior service because their main focus and mission is to "ACTIVE" duty. If you you join while active, then you maintain benefits/membership after separation....but if not, then unless you become a civilian DoD employee you are not going to get in.

I don't think NFCU will EVER open to all prior service....they are all ready the largest CU in the world.

USAA did so, but they are trying to grow their insurance business, not just banking/lending.

IMO

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 18:07:59 GMT

okay... I'm confused.... Hope this isn't a thread hijack, but....

Why do a lot of people like NFCU so much? Is it a great CU? Better than local ones?

My stepdad is retired airforce. Am I eligible? I looked at the website, but I was a little unclear.

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 18:15:58 GMT

@Anonymous wrote:
okay... I'm confused.... Hope this isn't a thread hijack, but....
Why do a lot of people like NFCU so much? Is it a great CU? Better than local ones?
My stepdad is retired airforce. Am I eligible? I looked at the website, but I was a little unclear.

Yes, it is a great CU.

If your father retired with "paid" or annuatized payments, then IF HE JOINS, then you become eligible. Eligibility of family is to MEMBERS, not because of service.

Membership is restricted to 1 of 2 scenarios: Either you are active or paid retired from military/DoD, or you are directly related to a Member of NFCU. If you family member is not a member, you are not eligible, regardless of what their military/DoD affiliations are....in order for you to join, they must first join (if they are eligible).

Re: Applied for NFCU cashrewards & got 3-5 message

Anonymous — Fri, 12 Mar 2010 18:43:41 GMT

@Anonymous wrote:
@Anonymous wrote:
okay... I'm confused.... Hope this isn't a thread hijack, but....
Why do a lot of people like NFCU so much? Is it a great CU? Better than local ones?
My stepdad is retired airforce. Am I eligible? I looked at the website, but I was a little unclear.

Yes, it is a great CU.

If your father retired with "paid" or annuatized payments, then IF HE JOINS, then you become eligible. Eligibility of family is to MEMBERS, not because of service.

Membership is restricted to 1 of 2 scenarios: Either you are active or paid retired from military/DoD, or you are directly related to a Member of NFCU. If you family member is not a member, you are not eligible, regardless of what their military/DoD affiliations are....in order for you to join, they must first join (if they are eligible).

Actually this is only partially true.

Copied from the eligibility wizard

Membership Wizard

Welcome to Navy Federal's Eligibility Wizard. Find out if you're eligible to join by simply answering a few questions.

You Selected Family Member

This includes those whose family members are currently a member of Navy Federal or eligible for membership.

Our definition of Family Member includes grandparent, parent, spouse, sibling, children (adopted, foster and step), grandchildren and household members.*

Does this describe you?

Yes No Start Over

You can join if your family member is eligible for membership. They don't actually have to join.

Re: Applied for NFCU cashrewards & got 3-5 message

haulingthescoreup — Sat, 13 Mar 2010 01:04:11 GMT

@Anonymous wrote:
...If your father retired with "paid" or annuatized payments, then IF HE JOINS, then you become eligible. Eligibility of family is to MEMBERS, not because of service.

Membership is restricted to 1 of 2 scenarios: Either you are active or paid retired from military/DoD, or you are directly related to a Member of NFCU. If you family member is not a member, you are not eligible, regardless of what their military/DoD affiliations are....in order for you to join, they must first join (if they are eligible).

I have to say that I'm an exception to this. I was able to join because my mother receives a pension based on my late father's Army service. I thought that she would have to join, but she didn't. In fact, they approved me just on my word. I gave them my father's name, but they said that they didn't need his DOB or his SSN, even though I was ready to supply them.

I'm still pretty shocked. I wasn't trying to do an end run or anything; they simply said that they didn't need these extra steps. It has been since September, and they haven't tossed me out yet.

I do think that sometimes NFCU broadens its eligibility, and then it tightens back up again. And they never have softed me, either, as best as I can tell. Mysterious!