@Anonymous wrote:
@Anonymous wrote:BranchBoss, first off, congrats on your NFCU membership. It's a nice organization to be part of, and now that you're here, you've got a heck of a combo working for you.
I'm a member myself but haven't applied for a CC yet, so I kind of have a similar question in my head. Do you actively use the checking account/savings account? I haven't, so I suppose I'd like to ask the others here if my length of membership matters when I go to apply for a CC if I haven't been active with my accounts? I'm not sure if it applies to the OP, but it may apply to others who dont use NFCU as their primary bank. Thanks
While most banks will give you more consideration for approving a credit card if you have a considerable amounts of money with them, in general your activity with your accounts means very little when it comes to whether you'll be approved or not. I certainly wouldn't let it hold up any credit card application. They are focused on your credit scores/reports. The vast majority of posters on this forum that have applied for and been approved for their credit cards do not use NFCU as their primary bank.
Thanks Irish. I was kind of going along with the OP's question about waiting, but then I realized they were maybe asking about waiting in terms of scores vs membership length. I'm kind of curious if it's possible I might get better terms for being a member of NFCU for let's say a year vs a day when I apply? I'm guessing the answer may be a no from your first reply, but figure it couldnt hurt to ask. I have other reasons to wait(wanting to get a higher SL once maybe 8 of 10 CC's hit the 2 yr mark vs trying now at 18 months...and part of that reason vs getting now and going for a CLI is that I want to avoid the hassle of a possible POI request, which I guess are more prevalent in CLI requests than initial apps?). I also planned to make it part of a spree, which included the 3 cards I IIBed, and I just applied for 2 cards very recently. So as you can see, I'm weighing many different things, and maybe just wanted to have maybe one more reason to wait until around the new year instead of pulling the trigger now. Much to consider, but I dont want to hijack this member's thread. 
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:BranchBoss, first off, congrats on your NFCU membership. It's a nice organization to be part of, and now that you're here, you've got a heck of a combo working for you.
I'm a member myself but haven't applied for a CC yet, so I kind of have a similar question in my head. Do you actively use the checking account/savings account? I haven't, so I suppose I'd like to ask the others here if my length of membership matters when I go to apply for a CC if I haven't been active with my accounts? I'm not sure if it applies to the OP, but it may apply to others who dont use NFCU as their primary bank. Thanks
While most banks will give you more consideration for approving a credit card if you have a considerable amounts of money with them, in general your activity with your accounts means very little when it comes to whether you'll be approved or not. I certainly wouldn't let it hold up any credit card application. They are focused on your credit scores/reports. The vast majority of posters on this forum that have applied for and been approved for their credit cards do not use NFCU as their primary bank.
Thanks Irish. I was kind of going along with the OP's question about waiting, but then I realized they were maybe asking about waiting in terms of scores vs membership length. I'm kind of curious if it's possible I might get better terms for being a member of NFCU for let's say a year vs a day when I apply? I'm guessing the answer may be a no from your first reply, but figure it couldnt hurt to ask. I have other reasons to wait(wanting to get a higher SL once maybe 8 of 10 CC's hit the 2 yr mark vs trying now at 18 months...and part of that reason vs getting now and going for a CLI is that I want to avoid the hassle of a possible POI request, which I guess are more prevalent in CLI requests than initial apps?). I also planned to make it part of a spree, which included the 3 cards I IIBed, and I just applied for 2 cards very recently. So as you can see, I'm weighing many different things, and maybe just wanted to have maybe one more reason to wait until around the new year instead of pulling the trigger now. Much to consider, but I dont want to hijack this member's thread.
@Anonymous
I moved this to its own thread so we don't hijack the other one.
I really don't think length of membership plays much of a role in their credit card approval process. Certainly as your scores go higher the chances of getting approved/higher limits goes up correspondingly. Nonetheless plenty of posters here have received decent limits and increases with average or even below average credit scores. As for POI, I don't think there is any difference in regards to initial application or CLI requests as to when they request one. Some people will get asked for them but most others never have to provide the POI. As for waiting unless there is some pressing need to have a NFCU card now I'd suggest, based on your hesitation, to just wait. They'll be here come 2018. Good luck whenever you do decide to apply.
Hey Captain J, if you like and are comfortable, please give us your data points so that those of us who have gotten approved can share our experience in getting our credit card. You just may find with a little bit of similarity, youll be comfortable to pull the trigger early
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For what its worth, i wouldnt really worry about POI unless you are hiding something or overinflating. Also, the absolute great thing about Navy is you could start with a low credit limit and in only 3-4 months can see a jump worthy of Superman.
.For what its worth, i wouldnt really worry about POI unless you are hiding something or overinflating. Also, the absolute great thing about Navy is you could start with a low credit limit and in only 3-4 months can see a jump worthy of Superman.
Well the good thing is you are thinking this out which is really good as you want to present yourself at your best. I admire that. Though low inquiries can be nice , dont let 2 or 3 hps ,recent or not, hold you back from going for something you want. Even though your 6k cards aren't the 9k card you want to march, they are in general area together so thats good. Im sure when you actually do decide to app dpree youll have alot of success, best of luck
@AverageJoesCredit wrote:
Well the good thing is you are thinking this out which is really good as you want to present yourself at your best. I admire that. Though low inquiries can be nice , dont let 2 or 3 hps ,recent or not, hold you back from going for something you want. Even though your 6k cards aren't the 9k card you want to march, they are in general area together so thats good. Im sure when you actually do decide to app dpree youll have alot of success, best of luck
Thanks AJC!! I really appreciate the encouragement. Along with NFCU and Blispay(possibly Cap 1 Venture for a nice SL...and to actually use, I want to app my 3 dragons:
BOA, Chase, and Discover....all IIB, 2 of them for very large sums. Very large(BOA and Discover). Chase was just "fairly large", well, when compared to the other 2. I tried for YEARS to pay them off, my minimums were around the same price as my RENT! Maybe even higher, I dont recall at the moment,
Do you or anyone have a feeling how I might do 6 years post discharge, and 2 years after my first rebuild spree as my hatchling accounts graduate to mature status?
I am drawn to Blispay NOW....and i want to believe what you said about Chase hopefully not caring about 3 6 month old pulls(not accounts, because blispay is hidden, although with manual review, Im guessing they'd know there's a likelihood I was approved, as Id imagine theyd be familiar with Blispay. Thats not important, I was just kind of thinking out loud to see if anyone cared to comment.
My other deal with Blispay is the NO cli! So like with Chase, I want to present my best self(ok, not quite as necessary...but i still want to look good), because it's a one and done with them! ha... I really appreciate your encouragement, but am so torn and already ticked that Citi went with EX instead of the EQ I read they would. I was planning on chase only seeing ONE inquiry, sitting at a bit over 6 months. I do suppose I can be grateful, as long as the other 2 dont pull EX. I think Chase, whom I originally feared the most, may be the easiest of those three...Either Freedom or Amazon...probably with epic recons like I read from Pizza1 and Bella007 ....but the Southwest would probably be far more useful...although the underwriting may be much more difficult for someone who IIBed Chase. EX currently at 747, should get my 4 points or so back once I pay down the balance.
No idea if the 2 new $6000 cards will help my scores or hurt them initially, but I am very eager to find out. Now once again, I face a trial of patience, waiting for them to report(and arrive lol). Thanks again, I am grateful!