topic Re: Navy Federal Credit Union Credit Card in Credit Cards

Navy Federal Credit Union Credit Card

ddiamond — Fri, 10 Sep 2010 12:45:32 GMT

I applied for a Navy Federal nRewards visa, and i'm wondering if there is a chance I may get it. My scores are currently TU: 656 EQ:619 and EX:708(i'm not sure how correct this experian score is). Does anyone know if there is a baseline credit score you must have to get appoved for a credit card with NFCU? Im trying to rebuild my credit but the credit cards that I have are low CL. Im trying to get a card with a high credit limit to help my rebuilding status.

Re: Navy Federal Credit Union Credit Card

aichjw — Fri, 10 Sep 2010 13:16:21 GMT

You should get the card, I applied and got three cards in one week with a score of EQ 652....Navy federal is really good at working with you.

Re: Navy Federal Credit Union Credit Card

Anonymous — Fri, 10 Sep 2010 13:18:27 GMT

Unless NFCU has recently changed their policy, they pull ONLY EQ. I have had my Flagship VISA and nRewards MC now for 3 years and EQ is the only report they have ever pulled. This goes for theei NAVCHECk as well

Good luck.

Re: Navy Federal Credit Union Credit Card

Anonymous — Fri, 10 Sep 2010 14:03:27 GMT

I'd say your chances are good. They usually approve anyone with a score above 600 and give them a ridiculously high credit limit to boot.

Re: Navy Federal Credit Union Credit Card

ddiamond — Fri, 10 Sep 2010 14:19:50 GMT

Thanks, I hope I get the card. Does anyone know what there credit score was when they were approved for their navy federal credit card? I'm worried that my EQ score of 619 is too low.

Re: Navy Federal Credit Union Credit Card

Anonymous — Fri, 10 Sep 2010 14:22:08 GMT

650 and approved for $7k

you might get a lower limit, I'd say $2.5k

Re: Navy Federal Credit Union Credit Card

ShootingStar — Fri, 10 Sep 2010 15:07:30 GMT

How lenient are they with older collections or "baddies" in CR?

Re: Navy Federal Credit Union Credit Card

Anonymous — Fri, 10 Sep 2010 16:05:09 GMT

3 years ago I had a 618 when I was approved for a $3k nRewards, I had multiple med collections and 2 COs

last week I was approved for a CLI to $5k at 643 EQ

I just app'd for a CashRewards so I can BT my CapOne card, so no word yet.

I think the items they have for the nRewards really aren't all that, so I would see if you could switch over to the CashRewards one

Re: Navy Federal Credit Union Credit Card

ddiamond — Fri, 10 Sep 2010 17:03:26 GMT

After my application it says they can take up to 3 to 5 days to review your application, I just applied yesterday so I guess I should know by the end of next week. I did check to see which report they pulled, and they pulled EQ which just so happen to be my lowest,which is a 619.

Re: Navy Federal Credit Union Credit Card

Anonymous — Fri, 10 Sep 2010 17:06:11 GMT

Do you have to be a member or militay serviceman to get credit card?

Re: Navy Federal Credit Union Credit Card

ddiamond — Fri, 10 Sep 2010 17:14:37 GMT

SongBird, yes you have to be a member to apply

Re: Navy Federal Credit Union Credit Card

ddiamond — Mon, 13 Sep 2010 21:49:55 GMT

I am so shocked! Navy Federal approved me for a cashrewards visa with a credit limit of 3,500.

Re: Navy Federal Credit Union Credit Card

bakalao2k — Mon, 13 Sep 2010 21:59:44 GMT

congrats on the approval and nice limit. way to go!

Re: Navy Federal Credit Union Credit Card

Anonymous — Mon, 13 Sep 2010 22:35:48 GMT

@ddiamond wrote:
I am so shocked! Navy Federal approved me for a cashrewards visa with a credit limit of 3,500.

Congratulations!!

cashRewards VISA's rewards program is better than nRewards VISA's rewards program ... you know that?

They used had 2000 points for $20 gift card (or could be 2500 points for $25 gift card, I for got) on nRewards, but not anymore. Plus it expires in 4 years. So, I am keeping my nRewards VISA as an emergency cc alone with cashRewards VISA.

cashRewards Rewards expiration: None

nRewards Point Expiration: 4 years

Re: Navy Federal Credit Union Credit Card

anderl — Mon, 13 Sep 2010 23:07:15 GMT

NFCU is the best!!!-was instantly approved a year ago for the FlagShip Visa for 10K-then 6 mnths later was given 2.5K CL increase!- and this week was given another 2.5K! -bringing my FlagShip SIGNATURE Visa(was auto-upgraded to Signature Visa and DOES REPORT CL) to 15K in one year!

Re: Navy Federal Credit Union Credit Card

ddiamond — Tue, 14 Sep 2010 04:01:37 GMT

what is the difference in the flagship card vs. the cash rewards card? Is one better than the other? How often does Navy Federal give CLI's

Re: Navy Federal Credit Union Credit Card

Anonymous — Tue, 14 Sep 2010 07:30:41 GMT

It is good for the people who travels a lot. It depend on your life style and needs.

To me, cashRewards is better than Flagship.

Visa Signature® Flagship Rewards Superior Travel Rewards and Preferred Discounts

Annual Fee: $491

Credit Line: $5,000 minimum.

Point Redemption: Start redeeming at 10,000 points for airline tickets, hotel stays, merchandise, gift cards and cash.

Earn 1.5% cash back on net purchases of $10,000.01 and greater, or 1.0% cash back on net purchases up to $10,000.00 within the 12 month period beginning on the date your account is opened, and each succeeding year.

Point Limits: 120,000 points annually

Point Expiration: 5 years

Additional Benefits

Check at https://www.navyfcu.org/products-services/cards/creditcards/flagship.php

Re: Navy Federal Credit Union Credit Card

ddiamond — Tue, 14 Sep 2010 17:21:42 GMT

So yesterday I was approved for the Navy federal card for 3500.00. Since I was approved for their visa, I figured I would try my luck with their mastercard, to see if I could get approved from a high dollar amount. I want to have at least 2 high dollar amount cards so I can close my 2 cards with low credit limits( capital one,300 cl and credit one, 400 cl). Has anyone ever been approved for more than one navy federal credit card within days of each other? Or is it likely they wil deny me because I was just approved for one of their cards a couple days prior?

Re: Navy Federal Credit Union Credit Card

Anonymous — Tue, 14 Sep 2010 17:39:59 GMT

@ddiamond wrote:
So yesterday I was approved for the Navy federal card for 3500.00. Since I was approved for their visa, I figured I would try my luck with their mastercard, to see if I could get approved from a high dollar amount. I want to have at least 2 high dollar amount cards so I can close my 2 cards with low credit limits( capital one,300 cl and credit one, 400 cl). Has anyone ever been approved for more than one navy federal credit card within days of each other? Or is it likely they wil deny me because I was just approved for one of their cards a couple days prior?

You probably should have apped for NavChek instead. The reason being that NFCU is good with CLI every 6 months and there is a total max available credit per member (50k I think) and when you have two cards it gets split by the two making it impossible to have a really nice $50k limit card one day.

Re: Navy Federal Credit Union Credit Card

ddiamond — Tue, 14 Sep 2010 17:48:37 GMT

what is the NavChek?