Back in June I Applied for Apple Card again and my offer went up to $6500. My offer expired around July 2nd, so I applied again a few days later but then stopped and realized I had a possible better card to choose from first.
I recently found I was eligible through NFCU through my grandfather and applied Wednesday for an account, now I want to apply with NFCU for their Cash Rewards card.
What kind of adverse action will that do to my open Apple offer? I know there is always a chance at closure after a FI sees your stats have changed on your credit report. But, has anyone here had any issues of accepting their Apple Card after applying for another card in between the soft pull offer and hard pull acceptance?
Also, should I be nervous applying for NFCU. I'm switching one of my direct deposits over to them in the next month or two but right now I have $10 in savings.
My stats are all updated below. I have practiced AZEO the past 3 months with my AZ card being at 2%($196/9000)
My ages are below
AoOA 1yr6month (LOC)
AAoA 8 months
AoYA 4 months (last 2 accounts opened in March)
I have a total of 1 account with a balance. 2.2% on individual utilization of All Zero card and <1% on aggregate utilization.
I have 8 tradeline, 7 credit cards (5 majors/3 closed loop).
Amex approved me for a 3X CLI @105 days on July 5th $1k>3k
Thanks for the help!
Starting Score:Early 2021 Mid 400s
My advice regarding NFCU is to establish DD, even if it's a small amount and if you can swing it also open a Shared Secured Loan (you can pay back 90%+ immediately once they release the funds back to you in a day or two; I think there are threads around here on what I'm talking about). I understand they also like to see a Flagship Checking account (maintain $1500 avg daily balance to avoid fees). NFCU is a relationship institution and those things will help you boost your internal score with them. Of course there are plenty of folks that have gotten approvals without all, or any of those things but it can only help your cause. From my personal experience (and I'm not saying that you and I are apples to apples from a credit profile perspective of course) I did all of the above with lower FICO scores than you and baddies on my report and I was approved for both the More Rewards and Cash Rewards cards with SLs of $25K each (4 months apart).
As far as your Apple situation goes, I personally prefer the NFCU Cash Rewards over the Apple card (I have both). With that said, in my humble opinion I don't believe one additional revolving account would move the needle terribly but of course I'm not familiar with your credit profile. As always, YMMV.
@keekers wrote:My advice regarding NFCU is to establish DD, even if it's a small amount and if you can swing it also open a Shared Secured Loan (you can pay back 90%+ immediately once they release the funds to you in a day or two; I think there are threads around here on what I'm talking about). I understand they also like to see a Flagship Checking account (maintain $1500 avg daily balance to avoid fees). NFCU is a relationship institution and those things will help you boost your internal score with them. Of course there are plenty of folks that have gotten approvals without all, or any of those things but it can only help your cause. From my personal experience (and I'm not saying that you and I are apples to apples from a credit profile perspective of course) I did all of the above with lower FICO scores than you and baddies on my report and I was approved for both the More Rewards and Cash Rewards cards with SLs of $25K each.
As far as your Apple situation goes, I personally prefer the NFCU Cash Rewards over the Apple card (I have both). With that said, in my humble opinion I don't believe one additional revolving account would move the needle terribly but of course I'm not familiar with your credit profile. As always, YMMV.
Very good info... thanks. I also just opened a NFCU checking but am setting up DD and boosting the internal score after getting denied on my initial app.