Navy Federal Credit Union Application for Flagship

[Anonymous]

UPDATE: approved for $15,000. And I refinanced my car loan at 6%, down from 17.5% with evil Bridgecrest. I app’ed for a Delta Skymiles Amex and Uber Visa same day. Denied for both. Too greedy. I’ll be in the garden until this time next year. Thanks for all the advice!


I need the advice of the brain trust. I have a NFCU Cash Rewards card: $3,200 limit. Fourth statement just cut. I would like to apply for the Flagship card but don’t want to waste a hardpull if I can help it.

AAoA is 2yr 6mo
TU Fico 8 is 640
30% Utilization
10 inquires in the last year.

Just bought a house and new car three months ago.

[AllZero]

Personally, I'd optimize my score by reducing aggregate and individual utilization to 8.9% or below. Get your score card the boost with those FICO points. Then, pull the trigger once everything updates. Navy has been known to be generous with their 2nd card.

[CreditInspired]

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@Anonymous wrote:
I need the advice of the brain trust. I have a NFCU Cash Rewards card: $3,200 limit. Fourth statement just cut. I would like to apply for the Flagship card but don’t want to waste a hardpull if I can help it.

AAoA is 2yr 6mo
TU Fico 8 is 640
30% Utilization
10 inquires in the last year.

Just bought a house and new car three months ago.

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NFCU is known for giving out monster limits on 2nd cards, but if you fear a HP for naught, then follow your instincts.

Also, are your mortgage and auto loan with NFCU? If yes or no, I would wait until those things turn 6 months old and CC UT is less than 28.9%.

[tussking]

NFCU is the BEST Bank/CU available!

Treat them right and they will reward you greatly!

Four months is not enough time before asking for a 2nd card.

I had my Cash rewards for 24 months and built it from $500 to $25,000 before I applied for their AMEX and was approved for $17.5.

It wasn't until 48 months that I asked for a third card. 

Mind you I had great utilization and always used the cards and paid them in full.

Try for a CLOC first IMHO at the 12-month mark. 

Asking for too much too quickly raises red flags with NFCU.

Treat them well and you will be rewarded for life.

[Trich9211]

Hi...how often did NFCU give CLI? Automated or requested?