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Navy Federal Credit Increasement Guild line

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Anonymous
Not applicable

Navy Federal Credit Increasement Guild line

I've been a Navy Federal Member since Nov 5,2014 i have a nrewards visa with a $6k limit is it a good idea to request an increase so that (my usage will be decreased).  on my 6 month anniversary or wait until my one year(i haven't been late or missed any payments)

Message 1 of 7
6 REPLIES 6
Scupra
Super Contributor

Re: Navy Federal Credit Increasement Guild line


@Anonymous wrote:

I've been a Navy Federal Member since Nov 5,2014 i have a nrewards visa with a $6k limit is it a good idea to request an increase so that (my usage will be decreased).  on my 6 month anniversary or wait until my one year(i haven't been late or missed any payments)


Most of us only wait 3 statements after opening Smiley Happy I would ask now if you want to, always ask for $25k. I know it seems like a lot but they will counter offer. GL

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 2 of 7
Anonymous
Not applicable

Re: Navy Federal Credit Increasement Guild line

Message 3 of 7
orionsshadow
Established Member

Re: Navy Federal Credit Increasement Guild line

Do you wait 3 statements or 90 days? 

Message 4 of 7
Scupra
Super Contributor

Re: Navy Federal Credit Increasement Guild line


@orionsshadow wrote:

Do you wait 3 statements or 90 days? 


3 statements

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 5 of 7
Creditaddict
Legendary Contributor

Re: Navy Federal Credit Increasement Guild line


@Anonymous wrote:

I've been a Navy Federal Member since Nov 5,2014 i have a nrewards visa with a $6k limit is it a good idea to request an increase so that (my usage will be decreased).  on my 6 month anniversary or wait until my one year(i haven't been late or missed any payments)


I would ask for $25k now and accept the instant counter that you more than likely will get.

 

Message 6 of 7
sobeone1
Regular Contributor

Re: Navy Federal Credit Increasement Guild line

I didnt even wait 2 statements, maybe thats why I only went from 14k to 17.5 k

credit karma has my scores at T.U 637 Equifax 668 but all of my Major cards have my score between 710-730 fico AAoA 7months with 16 inquires T.U & Eq 12 inquires.

Fingerhut $1200 my first credit. Discover it 4.5k, Paypal extras 7.8k, Barclays 2.2k, Walmart 6k, Lowes 25k, Amazon 6.5k Cap1 Q.S 4k, Venture 10k, Voice 10k, Chase freedom 2k Slate 3.5k, 5th 3rd 10k, overstock2.9k, Kingsize 1k. Nasa 20k, NFCU 14k, loc 10k, BBVA 14k, Amex ED 10k, income 76k (I put them in order of receiving them)
Message 7 of 7
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