Been with NFCU since around July 2020. Main account for checking and savings with them. Checking gets my DD from work twice per month. Did a prequalification with them in Sept. 2020 and they suggested the secured card. I had nothing positive reporting and a ton of negatives getting ready to hit the 7-year mark in late 2021. FICO 9 was 580 with them at the time.
3 months in with the secured card they doubled my limit from $300 to $600. FICO 9 was 623 with them as of 12/2020. At the 6-7 month mark, they moved the secured card to unsecured cashRewards card and did an auto SL increase from $600 to $2000 in April 2021. FICO 9 was 648 as of 04/21 when the card became unsecured. FICO 8 is around 620 middle score. I was paying off the balance monthly until the last 3 months. Right now on the NFCU card, the utilization is around 75%. I'll be paying it under 50% in the new few days before the due date on 07/20 and the statement date of 07/23.
While with NFCU I did add other secured cards. Greylock FCU 09/2020 $250 SL, SDFCU 10/2020 $250 SL, Andrews FCU 11/2020 $500 SL, . I also had my mother add me as an AU to her Cap1 and AMEX card, Capital One 03/2018 $4,250 SL, AMEX 03/2021 $1k SL.
Total utilization around 29% between all the cards.
AAoA is just at 1 yr now.
My questions are, since NFCU graduated my card in 04/2021 and gave a SL increase at the time, do I wait the 91/3 or 181 days before looking for a CLI on this card? My plan was to app for a new card first and then request a CLI via the app on the card. Just did a pre-qualifier for NFCU and they said I was good to apply for all of their cards. Looking at my profile right now, what would be my best bet? More Rewards or Flagship? NFCU also just approved me for a $25k auto loan that has yet to hit my report as well. I know they look at that debt differently but wanted to add the data point for clarity. Thoughts?
Makes sense. Same as any prequalification site. They dangle the carrot and then pull it back. I like the More Rewards card for myself right now as is. Flagship just always comes up as a good option when I went through the forums.
My overall focus is the CLI though. I am just apping because it makes sense to do both at the same time.
@NotRalphKramden wrote:
@MarcuzAgrippa wrote:My questions are, since NFCU graduated my card in 04/2021 and gave a SL increase at the time, do I wait the 91/3 or 181 days before looking for a CLI on this card? My plan was to app for a new card first and then request a CLI via the app on the card. Just did a pre-qualifier for NFCU and they said I was good to apply for all of their cards. Looking at my profile right now, what would be my best bet? More Rewards or Flagship? NFCU also just approved me for a $25k auto loan that has yet to hit my report as well. I know they look at that debt differently but wanted to add the data point for clarity. Thoughts?
Graduation counts as a CLI, so 181 days for another CLI. I believe you are eligible to app for a new card, but you will have to estimate your odds based on your profile. The pre-qualifier is notoriously optimistic. I haven't tried due to new accounts.
Ahhhh makes sense.
More Rewards def makes more sense as a daily driver for me than the Flagship. I may just hold off till I get past my 181 days to get a bit more with my AAoA and then app they card and request a CLI all in that order closer to 200 days to make sure my statement prints looking at the calendar.