@Anonymous wrote:Do I have to wait 95 days to pull the triger on my 2nd card or I could do it after I get an auto CLI. Opened first cc back on march 29th.
@Anonymous and @Creditplz
As has been discussed extensively on the last few pages, you need to wait at least 91 days before applying for your next card after approval of the first card.
For some individuals, the requirement may be even more stringent: 91 days AND after the 3rd FULL statement. For others, you may not have to wait until the 3rd full statement cuts.
Still trying to figure out why some are able to get approved before 3 full statements and others have to wait but suspect it may have to do with whether or not you have other products besides just credit cards (ie significant direct deposit, CD, auto loan, personal loan, SSL loan, CLOC).
If your TU9 is on the low side (less than 645) it is recommended that you wait.
For CLIs, MUST BE 91 days AND 3 FULL STATEMENTS no matter what!
Also, to get new card and CLI, follow this order:
- First, apply for new card
- Then apply for CLI
@Brian_Earl_Spilner : can I suggest that you add this information to the initial post since this appears to be the most common question? Thanks in advance!!
@designated_knitter wrote:
@Anonymous wrote:Do I have to wait 95 days to pull the triger on my 2nd card or I could do it after I get an auto CLI. Opened first cc back on march 29th.
@Anonymous and @Creditplz
As has been discussed extensively on the last few pages, you need to wait at least 91 days before applying for your next card after approval of the first card.
For some individuals, the requirement may be even more stringent: 91 days AND after the 3rd FULL statement. For others, you may not have to wait until the 3rd full statement cuts.
Still trying to figure out why some are able to get approved before 3 full statements and others have to wait but suspect it may have to do with whether or not you have other products besides just credit cards (ie significant direct deposit, CD, auto loan, personal loan, SSL loan, CLOC).
If your TU9 is on the low side (less than 645) it is recommended that you wait.
For CLIs, MUST BE 91 days AND 3 FULL STATEMENTS no matter what!
Also, to get new card and CLI, follow this order:
- First, apply for new card
- Then apply for CLI
@Brian_Earl_Spilner : can I suggest that you add this information to the initial post since this appears to be the most common question? Thanks in advance!!
I wasnt going to chime in anymore but the information about 91 days , 3 full statements has been posted not only in intial post but has been a well known data point dating back to the old thread. Anyone who gets a cli before 3 full statements should be considered an outlier as most approvals are after 91 days/3 full statements. Car loans have no relation to credit decisions and should be noted that if one would like to discuss Navy and car loans they should feel free to start a thread in the auto section.
I would highly recommend everyone taking time to read intial post in rhis thread as it sums up most of what one needs to know about Navy cli and card approval/denials. For those looking to add a second card, its always best to at least have 3 full statements and 91 days, ie 3 months or so, before trying for second card. As with all things credit, one might get approved differently then another but the vast majority the data points have paved a more definable pathaway. Good luck to all those who pursue the Navy way
@AverageJoesCredit wrote:
I wasnt going to chime in anymore but the information about 91 days , 3 full statements has been posted not only in intial post but has been a well known data point dating back to the old thread. Anyone who gets a cli before 3 full statements should be considered an outlier as most approvals are after 91 days/3 full statements. Car loans have no relation to credit decisions and should be noted that if one would like to discuss Navy and car loans they should feel free to start a thread in the auto section.
I would highly recommend everyone taking time to read intial post in rhis thread as it sums up most of what one needs to know about Navy cli and card approval/denials. For those looking to add a second card, its always best to at least have 3 full statements and 91 days, ie 3 months or so, before trying for second card. As with all things credit, one might get approved differently then another but the vast majority the data points have paved a more definable pathaway. Good luck to all those who pursue the Navy way:
While I agree that most of this has been discussed extensively, the information on how long to wait for a new card is NOT in the initial post.
I'm not discussing the car loan (CD, CLOC, Personal Loan or any other product) for the purposes that others get one. I was mentioning it as a potential differentiating factor in regards to the 3 full statements before a new card app. I am certainly not advocating that someone go out and refinance their car just to potentially expedite getting an additional card by a few days or weeks.
In addition, while the 91/3 is accepted as undisputed fact, there are several datapoints that indicate that it is NOT a hard and fast rule. I was under the impression that the purpose of this thread is for the discussion of one's personal experience to add additional data points. If I was mistaken, I apologize. As with everyone on this board, I was only trying to share my own experience and additional information to help others since I have benefitted so much from the collective wisdom of those who have shared theirs.
Also, @Brian_Earl_Spilner , it might be a good idea to provide a link to the old thread in the initial post since many newer members are not going to know of its existance and all the information contained therein.
I will add the request card before CLI. I won't link to the old thread. The point of this thread is to have up to date information In an easier to find format. Linking to old data defeats that purpose. You're welcome to discuss outliers as it helps with datapoints. Being that Navy is a relationship bank, discussing other products as possibly being catalysts for credit card growth and/or approval is allowed. Anything focused on another product should be posted in the appropriate subforum as AJC stated.
As for the 91/3 rule, one of the reasons these threads need to be kept up to date and easily searchable is the constant change. When I joined, 91/3 just required 3 statements, one didn't have to be full. Navy then changed to requiring 3 full statements. Now, people are having to wait more than 91 days. The fact that some are being approved with the less stringent rules could be a sign of Navy is loosening up a bit. As such, any and all datapoints are welcome because we have no idea if it will be important down the road. Pretty sure I was the first to post here about a SP CLI approval 2 months prior to everyone posting about them. Just an example of why nothing should be dismissed.
@Brian_Earl_Spilner wrote:I will add the request card before CLI. I won't link to the old thread. The point of this thread is to have up to date information In an easier to find format. Linking to old data defeats that purpose. You're welcome to discuss outliers as it helps with datapoints. Being that Navy is a relationship bank, discussing other products as possibly being catalysts for credit card growth and/or approval is allowed. Anything focused on another product should be posted in the appropriate subforum as AJC stated.
As for the 91/3 rule, one of the reasons these threads need to be kept up to date and easily searchable is the constant change. When I joined, 91/3 just required 3 statements, one didn't have to be full. Navy then changed to requiring 3 full statements. Now, people are having to wait more than 91 days. The fact that some are being approved with the less stringent rules could be a sign of Navy is loosening up a bit. As such, any and all datapoints are welcome because we have no idea if it will be important down the road. Pretty sure I was the first to post here about a SP CLI approval 2 months prior to everyone posting about them. Just an example of why nothing should be dismissed.
Thanks @Brian_Earl_Spilner
The only reason I suggested adding the link to the old thread is if folks on this thread are going to be referring to the information in that old thread when sharing information, then knowing how to find the old thread might be useful. But I certainly agree with your reasoning.
re: having to wait more than 91 days.
Is this because the 91st day may fall on a weekend or a holiday so you have to wait until the next BUSINESS day after your 91st day? Or is it truly that 91 is now turning into 95 days regardless of what day of the week day 91 falls on?
@designated_knitter wrote:
@Brian_Earl_Spilner wrote:I will add the request card before CLI. I won't link to the old thread. The point of this thread is to have up to date information In an easier to find format. Linking to old data defeats that purpose. You're welcome to discuss outliers as it helps with datapoints. Being that Navy is a relationship bank, discussing other products as possibly being catalysts for credit card growth and/or approval is allowed. Anything focused on another product should be posted in the appropriate subforum as AJC stated.
As for the 91/3 rule, one of the reasons these threads need to be kept up to date and easily searchable is the constant change. When I joined, 91/3 just required 3 statements, one didn't have to be full. Navy then changed to requiring 3 full statements. Now, people are having to wait more than 91 days. The fact that some are being approved with the less stringent rules could be a sign of Navy is loosening up a bit. As such, any and all datapoints are welcome because we have no idea if it will be important down the road. Pretty sure I was the first to post here about a SP CLI approval 2 months prior to everyone posting about them. Just an example of why nothing should be dismissed.
Thanks @Brian_Earl_Spilner
The only reason I suggested adding the link to the old thread is if folks on this thread are going to be referring to the information in that old thread when sharing information, then knowing how to find the old thread might be useful. But I certainly agree with your reasoning.
re: having to wait more than 91 days.
Is this because the 91st day may fall on a weekend or a holiday so you have to wait until the next BUSINESS day after your 91st day? Or is it truly that 91 is now turning into 95 days regardless of what day of the week day 91 falls on?
It's regardless of day
