I joined NFCU and got approved for my Cash Rewards VS on Oct. 13 of last year. Today I put in for a 90 day CLI--asked to go from the $5K SL to $20K--knowing I probably won't get the full amount but a counter offer if anything at all. It went to 24 hr. review. Is there a possibility I tried just a tad too soon? My score with them just went from 719 to 725 on Jan. 5th so I figured they did their quarterly review and I got a score boost and hopefully that would increase my chances. Also would they HP for that request? If they did I probably wouldn't know for sure until tomorrow anyway. Thoughts or opinions?
EDIT: Approved this morning--went from $5K to $12K. I'm good with that as I was fully expecting a counter anyway + if it was a HP I got something for it! Not sure which bureau was pulled yet if any-will come back and update with more info when I know for sure. MODS: If you'd like please move this to Approvals-Thank you.
BUSINESS 
You should wait the 90 days plus 3 statements. So you may end up waiting more than 90 days. if you join the main thread, you will find out lots of good tips for cli's and new cards.
@Credit-hoarder wrote:I joined NFCU and got approved for my Cash Rewards VS on Oct. 13 of last year. Today I put in for a 90 day CLI--asked to go from the $5K SL to $20K--knowing I probably won't get the full amount but a counter offer if anything at all. It went to 24 hr. review. Is there a possibility I tried just a tad too soon? My score with them just went from 719 to 725 on Jan. 5th so I figured they did their quarterly review and I got a score boost and hopefully that would increase my chances. Also would they HP for that request? If they did I probably wouldn't know for sure until tomorrow anyway. Thoughts or opinions?
@FinStar wrote:Based on what I've read recently on the Navy CLI pipeline, things have definitely changed quite a bit. It appears most folks tend to get approved for a 2nd CC than the CLI, but I definitely don't recommend such strategy unless a 2nd CC is really needed or fits that persons goals/profile. My first card with Navy was approved on 9/11 and just waited it out until 12/23 for the 2nd CC and was approved. I didn't need the CLI on the 1st one.
I probably won't be using the 2nd card strategy-but I have heard about it before. One card from them is all I need and care to have for the time being. Going forward that's what I do with most lenders now--get one card and if I decide to grow it as much as possible. If they don't approve the CLI no biggie-I'll just move the next try up to a later date like sometime in March or April...just hoping this didn't trigger a HP.
