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NFCU Balance transfer advice needed please

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sdsoccerdad
Established Contributor

NFCU Balance transfer advice needed please

Hi

My wife wants to take advantage of the NFCU Platinum BT offer for 0% they have going right now.  She currently has a Cash Rewards card with a CL of $18000 that was opened last November.  She applied for the Platinum card and was given a CL of $1500.  The balance transfer that she has is about $12000.00. 

 

Any help would be appreciated.

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Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 1 of 11
10 REPLIES 10
AverageJoesCredit
Legendary Contributor

Re: NFCU Balance transfer advice needed please

Might have to wait for the Plat to be increased or try using a hp and see if they give a cli now. All depends on her internal limit as well.
Message 2 of 11
sdsoccerdad
Established Contributor

Re: NFCU Balance transfer advice needed please


@AverageJoesCredit wrote:
Might have to wait for the Plat to be increased or try using a hp and see if they give a cli now. All depends on her internal limit as well.

I iwas afraid you were going to say that.  She doesn't want another HP so she may end up doing the balance transfer anyways to her other card just to get it over with.  

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Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 3 of 11
JoeLuvsHisCredit
Valued Contributor

Re: NFCU Balance transfer advice needed please

Sorry OP

One thing I would do for sure is I would call them and explain what you want to do they might surprise you Smiley Happy You wouldn't know until you try Smiley Happy maybe she could see if they move part of her other card limit over to the new card?

Sorry Op Smiley Sad

Message 4 of 11
sdsoccerdad
Established Contributor

Re: NFCU Balance transfer advice needed please

I will have her call to see if they reconsider. Thanks for the tip
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Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 5 of 11
sdsoccerdad
Established Contributor

Re: NFCU Balance transfer advice needed please

So my wife called today and they said that she would have to submit an appeal online.  For those of you that have done it, what do you say when you send a secure message?

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Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 6 of 11
AverageJoesCredit
Legendary Contributor

Re: NFCU Balance transfer advice needed please

I would just lay out your situation as truthfully and sincere as you can . Explain to them you want to really utilize Navy and hopefully they can help you out. Good suggestion, JoeSmiley Wink Good luck opSmiley Happy
Message 7 of 11
sdsoccerdad
Established Contributor

Re: NFCU Balance transfer advice needed please

Took everyone's advice and sent a message.  They responded with an increase to $6300.  Not quite the amount but halfway there.  Very thankful so she'll have to split half over two cards but st least half is 0% interest for 12 months. 

Personal Cards:


Business Cards:

Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 8 of 11
CreditInspired
Super Contributor

Re: NFCU Balance transfer advice needed please

Wow AJC and JoeLove

Your advice to sdsoccerdad was on the money. 😁 I luv when things go according to advice from MyFICOers. Kudos to both of you and also congrats to OP's wife for following through and getting an increase.

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macys $24.2K || NFCU CLOC $15K || NFCU Platinum $15K || CitiCostco $12.7K || Chase FU $12.7K || Apple Card $7K || BOA CashRewards $6K
Message 9 of 11
sdsoccerdad
Established Contributor

Re: NFCU Balance transfer advice needed please

Correction - She was given $6500 from the initial $1000 to start.  Everyone here is awesome! 

Personal Cards:


Business Cards:

Started my journey in the high 500's 10/1/2016
Current Fico: EQ:740 | TU:757 | EX:775
Message 10 of 11
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