topic Re: NFCU CLI Question in Credit Cards

NFCU CLI Question

kbrann72 — Thu, 03 Jul 2014 16:21:06 GMT

I was approved for my cash rewards Visa in April of 2013 with a limit of $20K, received an increase to $25K after 3 months with a SP. My question is should i try for another increase on the card or apply for a different card like the Flagship?

Re: NFCU CLI Question

leegreen — Thu, 03 Jul 2014 19:08:35 GMT

I like having both the cashRewards and nRewards cards. Also it is a guaranteed HP when you attempt a CL greater than 25000. The flagship is only worth it if you will use the rewards for airfare and will spend more than 10000 a year on it, otherwise use your cashRewards. I find the member mall bonuses better through my nRewards so I use it online and use the cash in person.

Re: NFCU CLI Question

Creditaddict — Thu, 03 Jul 2014 21:57:46 GMT

@leegreen wrote:
I like having both the cashRewards and nRewards cards. Also it is a guaranteed HP when you attempt a CL greater than 25000. The flagship is only worth it if you will use the rewards for airfare and will spend more than 10000 a year on it, otherwise use your cashRewards. I find the member mall bonuses better through my nRewards so I use it online and use the cash in person.

The advantage to apply for a 2nd card is until you hit $25k you could potentially ask for CLI again that "may" be SP otherwise I would just hit the CLI on your current card and go for the full $50k... it will be manual review and if they don't have paychecks on file I would bet they will want 2 most recent... if you do the request and add the paystubs in the secure message you are 1 up and they seem to really like the "show before being asked" and will counter back in usually just a couple hours.

Re: NFCU CLI Question

kbrann72 — Fri, 04 Jul 2014 00:22:52 GMT

@Creditaddict wrote:
@leegreen wrote:
I like having both the cashRewards and nRewards cards. Also it is a guaranteed HP when you attempt a CL greater than 25000. The flagship is only worth it if you will use the rewards for airfare and will spend more than 10000 a year on it, otherwise use your cashRewards. I find the member mall bonuses better through my nRewards so I use it online and use the cash in person.
+1

The advantage to apply for a 2nd card is until you hit $25k you could potentially ask for CLI again that "may" be SP otherwise I would just hit the CLI on your current card and go for the full $50k... it will be manual review and if they don't have paychecks on file I would bet they will want 2 most recent... if you do the request and add the paystubs in the secure message you are 1 up and they seem to really like the "show before being asked" and will counter back in usually just a couple hours.

Thanks for the advice. I will send in my paystubs and go for the $50K and see what happens.

Re: NFCU CLI Question

leegreen — Fri, 04 Jul 2014 01:08:23 GMT

Good luck! Let us know how it goes.