topic Re: Benefits of NFCU and USAA in Credit Cards

Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 05:38:50 GMT

What is the draw to credit cards from NFCU and USAA. They do not seem to offer very good rewards or intro bonuses. I am full members of both organizations, but have yet to get a card from them. It seems like the cards I have now offer better rewards.

Is the only benefit the chance at a higher limit?

Re: Benefits of NFCU and USAA

E150GT — Mon, 07 Jan 2013 05:45:22 GMT

I have no experience with NFCU but I am a full USAA member. I dont get much in the rewards but I just like their customer service and their website. It makes my bill easy to pay and view. They were also the first ones to offer me a credit card after my credit started to get better and thet gave me a decent limit. Those are probably the only reasons to get one.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 05:51:31 GMT

@E150GT wrote:
I have no experience with NFCU but I am a full USAA member. I dont get much in the rewards but I just like their customer service and their website. It makes my bill easy to pay and view. They were also the first ones to offer me a credit card after my credit started to get better and thet gave me a decent limit. Those are probably the only reasons to get one.

Good service goes a long way. I am thinking about getting in with both banks just to start a good credit relathionship. Maybe someday they will offer top notch rewards.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 06:58:58 GMT

Average rewards but double the credit line of most cards.

Re: Benefits of NFCU and USAA

Swapmeet — Mon, 07 Jan 2013 07:04:14 GMT

The best thing about both of these places is their lenient qualifying and large initial credit limits and clis. Judging solely by your siggy, you don't need these guys. Stick with the card that has the best of the rewards that you want.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 07:14:25 GMT

@Swapmeet wrote:
The best thing about both of these places is their lenient qualifying and large initial credit limits and clis. Judging solely by your siggy, you don't need these guys. Stick with the card that has the best of the rewards that you want.

Yeah, US Bank has been very lenient with me. That made other banks more trusting.

Although, I logged into my USAA account and they have me pre approved for an auto loan. US Bank didn't seem to want to offer me one. So, that is good news. If I need an auto loan, I know where to go.

Re: Benefits of NFCU and USAA

Swapmeet — Mon, 07 Jan 2013 07:18:03 GMT

insurance with them is pretty decent too. I am starting to look into their mortgages.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 07:23:34 GMT

@Swapmeet wrote:
insurance with them is pretty decent too. I am starting to look into their mortgages.

I am looking at switching all of my accounts over to them. Going to run quotes tomorrow.

Re: Benefits of NFCU and USAA

Cageym — Mon, 07 Jan 2013 07:35:57 GMT

I got a decent deal bundling my auto & home insurance with USAA.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 07:40:17 GMT

@Cageym wrote:
I got a decent deal bundling my auto & home insurance with USAA.

Nice, I'm for sure going to look into. So far nobody has been able to touch the rates and service I have been getting from Safeco.

Re: Benefits of NFCU and USAA

Cageym — Mon, 07 Jan 2013 10:03:10 GMT

Insurance varies so much for everyone it's hard to say how you'll come out but my total bill is about $1260 a year. I'm a full USAA member that's had insurance with them for a while though.

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 10:53:35 GMT

I agree insurance has huge amount of variance. USAA is $1400 more a month than Gieco for me.

Re: Benefits of NFCU and USAA

dabrian — Mon, 07 Jan 2013 12:38:23 GMT

Damn $1400 a month? Do you have a Lambo and a Ferrari in the garage?

Re: Benefits of NFCU and USAA

Anonymous — Mon, 07 Jan 2013 14:48:49 GMT

I'm a member of NFCU and PenFed...I recommend PenFed all the way...the others just don't compare...and I have some good cards to compare with.

Re: Benefits of NFCU and USAA

Anonymous — Tue, 08 Jan 2013 06:41:03 GMT

Just ran quotes with USAA, they seem to be pretty good rates.

They only give a discount for one banking product. So, I opened a savings account. If I would have gotten an additional discount for a credit card I would have opened one too.

Re: Benefits of NFCU and USAA

Swapmeet — Tue, 08 Jan 2013 06:50:56 GMT

@Anonymous wrote:
I'm a member of NFCU and PenFed...I recommend PenFed all the way...the others just don't compare...and I have some good cards to compare with.

Random.....

Re: Benefits of NFCU and USAA

drewrico — Tue, 08 Jan 2013 07:17:10 GMT

I joined Penfed and USAA, denied credit cards for both of them... oh well..

Re: Benefits of NFCU and USAA

Anonymous — Tue, 08 Jan 2013 07:37:02 GMT

@drewrico wrote:
I joined Penfed and USAA, denied credit cards for both of them... oh well..

I was denied a loan from Penfed even with a very qualified cosigner. I was a little shocked. I was still working on my credit, score was in the mid 600's with a cosigner over 750. It took them over a week to tell me no, and they couldn't tell me why it was declined. It was very sloppy they lost some paperwork I faxed them as well. They caused some delays on me picking the car up which I had to fly to get.

After this I applied with NFCU and basically got a quick approval without a cosigner. I put the cosigner on the initial online application because I as expecting it would be needed especially after the PenFed decline. When I talked to the first Loan Officer he couldn't tell me whether I was accepted or declined, just that the co-applicant needed to be an NFCU member, I said that won't be a problem but I'm not going to go through the trouble of making them a member for you to say no. They pulled the credit reports already I would have been very angry to make them a member to find out after that it was already pre-declined. Needless to say he put me on the line with a more qualified LO who asked me why I even put the cosigner on there, and that I didn't need to, I qualified just fine on my own. I've been working with NFCU ever since. I've gotten another loan, and a CC since then. I'm going to finance another car for my wife next month hopefully.

The best benefit for me so far with NFCU has been the lenient credit requirements, which has really helped improve my credit over the last couple years.

Re: Benefits of NFCU and USAA

Anonymous — Tue, 08 Jan 2013 07:45:15 GMT

@Anonymous wrote:
@drewrico wrote:
I joined Penfed and USAA, denied credit cards for both of them... oh well..
I was denied a loan from Penfed even with a very qualified cosigner. I was a little shocked. I was still working on my credit, score was in the mid 600's with a cosigner over 750. It took them over a week to tell me no, and they couldn't tell me why it was declined. It was very sloppy they lost some paperwork I faxed them as well. They caused some delays on me picking the car up which I had to fly to get.

After this I applied with NFCU and basically got a quick approval without a cosigner. I put the cosigner on the initial online application because I as expecting it would be needed especially after the PenFed decline. When I talked to the first Loan Officer he couldn't tell me whether I was accepted or declined, just that the co-applicant needed to be an NFCU member, I said that won't be a problem but I'm not going to go through the trouble of making them a member for you to say no. They pulled the credit reports already I would have been very angry to make them a member to find out after that it was already pre-declined. Needless to say he put me on the line with a more qualified LO who asked me why I even put the cosigner on there, and that I didn't need to, I qualified just fine on my own. I've been working with NFCU ever since. I've gotten another loan, and a CC since then. I'm going to finance another car for my wife next month hopefully.

The best benefit for me so far with NFCU has been the lenient credit requirements, which has really helped improve my credit over the last couple years.

Sounds like it is time for you to ditch first premier.

Congrats on the succesful credit journey.

Re: Benefits of NFCU and USAA

drewrico — Tue, 08 Jan 2013 08:01:26 GMT

@Anonymous wrote:
@drewrico wrote:
I joined Penfed and USAA, denied credit cards for both of them... oh well..
I was denied a loan from Penfed even with a very qualified cosigner. I was a little shocked. I was still working on my credit, score was in the mid 600's with a cosigner over 750. It took them over a week to tell me no, and they couldn't tell me why it was declined. It was very sloppy they lost some paperwork I faxed them as well. They caused some delays on me picking the car up which I had to fly to get.

After this I applied with NFCU and basically got a quick approval without a cosigner. I put the cosigner on the initial online application because I as expecting it would be needed especially after the PenFed decline. When I talked to the first Loan Officer he couldn't tell me whether I was accepted or declined, just that the co-applicant needed to be an NFCU member, I said that won't be a problem but I'm not going to go through the trouble of making them a member for you to say no. They pulled the credit reports already I would have been very angry to make them a member to find out after that it was already pre-declined. Needless to say he put me on the line with a more qualified LO who asked me why I even put the cosigner on there, and that I didn't need to, I qualified just fine on my own. I've been working with NFCU ever since. I've gotten another loan, and a CC since then. I'm going to finance another car for my wife next month hopefully.

The best benefit for me so far with NFCU has been the lenient credit requirements, which has really helped improve my credit over the last couple years.

See, I cant join NFCU so cant take advantage of the oppurtunities there.