@RobynJ wrote:Does anyone know if when graduating from nrewards to cash rewards does that count as a new card? So would it be 3/90 or 6/180 for a CLI?
While graduating does change it from a nRewards to a cashRewards, I don't think it counts as a new account. Therefore you'd have to wait 181 days/6 statements.
@GZG wrote:Does anybody else have their pending transactions disappear and then reappear when they are posted? Is this just a Navy thing or a nRewards thing?
The available credit seems to be correct, but the transactions do this thing where they disappear after they've been pending and reappear as posted transactions after a little while.
Yes, it's a Navy Fed thing. It clears up after the next nightly batch processing is finished, which happens on Monday through Thursday nights, except on holidays. I've seen this happen on my nRewards, cashRewards, and MoreRewards CCs.
@RobynJ wrote:Does anyone know if when graduating from nrewards to cash rewards does that count as a new card? So would it be 3/90 or 6/180 for a CLI?
It doesn't count as a new card. In 2018, 2019, and early 2020, most nRewards secured CCs graduated with a CL at $2,000 (or the same as their secured CL if higher). Many new graduates immediately sent a secure message to Navy Fed requesting a higher CLI. In that era, if the credit profile warranted it, the CL could be increased above $2,000. If not, then the new graduate got the "No CLI approved due to recent change" message. In the last 2 years, I haven't seen any reports of new graduates getting a higher CL than $2,000, unless they had an nRewards secured CC with an already higher CL.
Since you just graduated, I recommend asking for a CLI via online message, explaining your perfect payment history, $0 balances, monthly payments in full, high income, low debt, etc. (List all the reasons you deserve and can handle a larger CL.) Hope for the best but expect that you'll probably have to wait 6 full billing cycles and 6 months + 1 day to get approved for the $6,000 CL on your new cashRewards CC.
(got no traction in the business sub)
I was told by Navy that my self-employment payments into my checking don't qualify as direct deposit because they aren't coded as direct deposit from an employer.
Has anybody created a business checking account, had their payments from self-employment sent to their business checking account and then have your account marked as having direct deposit w/Navy? This is what support told me to do on the phone. I tried recon'ing their decision in secure message and they were firm that DD needs to come from an employer
Every other bank has classifed my ACH self-employment payments as direct deposit (BOA, chase checking SUB), but not Navy.
@zac6263 wrote:So I became a NFCU member in late July and got a $200 secured card at the same time. In August I got a $3001 pledge loan as well.
I applied for the Go Rewards card on Sep 18 and got denied. Waited 1 day used the same HP to apply for the Platinum card got denied as well. Received my denial letter today, it says "You've reached navy federal's maximum unsecured credit limit". My understanding is it means I am not eligible to get an unsecured card right now, but when I should try again? Are there anything I can do to imporve my odds of approval next time?My FICO 9 TU is 681, and the internal NFCU internal score is 236. Thanks.
time, direct deposit, flagship checking, keeping money in your accounts
@GZG wrote:
@zac6263 wrote:So I became a NFCU member in late July and got a $200 secured card at the same time. In August I got a $3001 pledge loan as well.
I applied for the Go Rewards card on Sep 18 and got denied. Waited 1 day used the same HP to apply for the Platinum card got denied as well. Received my denial letter today, it says "You've reached navy federal's maximum unsecured credit limit". My understanding is it means I am not eligible to get an unsecured card right now, but when I should try again? Are there anything I can do to imporve my odds of approval next time?My FICO 9 TU is 681, and the internal NFCU internal score is 236. Thanks.
"time, direct deposit, flagship checking, keeping money in your accounts"
I am not sure any of the Bolded blue^^^ really helps? , also seeing if @Jnbmom could chime in on that?
I have not had (1) direct deposit since joining May 2019, No Flagship checking,
and usually keep less than $100 in combined regular Checking / Savings.
Never a mortgage or car loan with them.
I guess I have some time, but since 2019 ..that is not long.
I have had (1) PL that I paid off realtively fast. (three months),
Balance details
Paid off-
Balance-
Balance updated Jun 30, 2020
Original balance $10,000
Account info
Account number 4300XXXXXXX
Open/closed Closed
Date opened Mar 30, 2020
Account type Unsecured Loan
Had one open $3010 SSL for less than one year;
Balance details
Paid off-
Balance-
Balance updated Apr 30, 2020
Original balance $3,010
Account info 
(Click image to enlarge)
(Click image to enlarge)
Account number 4300XXXXXXX
Open/closed Closed
Date opened Jun 20, 2019
Account type Secured Loan
ETA: Also a $15K CLOC -> that I never use.
DTI is less than 1%
Used to hold three CC's at one time, now only hold The Flagship.
EQ F9 Score never above 800
(Click image to enlarge)
(Click image to enlarge)
@zac6263 wrote:My FICO 9 TU is 681, and the internal NFCU internal score is 236.
@M_Smart007 wrote:
@GZG wrote:
@zac6263 wrote:So I became a NFCU member in late July and got a $200 secured card at the same time. In August I got a $3001 pledge loan as well.
I applied for the Go Rewards card on Sep 18 and got denied. Waited 1 day used the same HP to apply for the Platinum card got denied as well. Received my denial letter today, it says "You've reached navy federal's maximum unsecured credit limit". My understanding is it means I am not eligible to get an unsecured card right now, but when I should try again? Are there anything I can do to imporve my odds of approval next time?My FICO 9 TU is 681, and the internal NFCU internal score is 236. Thanks.
"time, direct deposit, flagship checking, keeping money in your accounts"
I am not sure any of the Bolded blue^^^ really helps? , also seeing if @Jnbmom could chime in on that?
I have not had (1) direct deposit since joining May 2019, No Flagship checking,
and usually keep less than $100 in combined regular Checking / Savings.
Never a mortgage or car loan with them.
I guess I have some time, but since 2019 ..that is not long.
I have had (1) PL that I paid off realtively fast. (three months),
Balance detailsPaid off-Balance-Balance updated Jun 30, 2020Original balance $10,000Account infoAccount number 4300XXXXXXXOpen/closed ClosedDate opened Mar 30, 2020Account type Unsecured LoanHad one open $3010 SSL for less than one year;
Balance detailsPaid off-Balance-Balance updated Apr 30, 2020Original balance $3,010Account infoAccount number 4300XXXXXXXOpen/closed ClosedDate opened Jun 20, 2019Account type Secured LoanDTI is less than 1%Used to hold three CC's at one time, now only hold The Flagship.EQ F9 Score never above 800
I wonder if the bolded factors help the internal score (and Navy's willingness to "look past negative aspects of the FICO score/Credit Report") when the FICO score isn't high enough to support a high internal score without improving the relationship itself first.
Like a 680 FICO + well established relationship = 720 FICO with no relationship in terms of Navy UW. Making the numbers up, but something along those lines.
@M_Smart007 wrote:
@GZG wrote:
@zac6263 wrote:So I became a NFCU member in late July and got a $200 secured card at the same time. In August I got a $3001 pledge loan as well.
I applied for the Go Rewards card on Sep 18 and got denied. Waited 1 day used the same HP to apply for the Platinum card got denied as well. Received my denial letter today, it says "You've reached navy federal's maximum unsecured credit limit". My understanding is it means I am not eligible to get an unsecured card right now, but when I should try again? Are there anything I can do to imporve my odds of approval next time?My FICO 9 TU is 681, and the internal NFCU internal score is 236. Thanks.
"time, direct deposit, flagship checking, keeping money in your accounts"
I am not sure any of the Bolded blue^^^ really helps? , also seeing if @Jnbmom could chime in on that?
I have not had (1) direct deposit since joining May 2019, No Flagship checking,
and usually keep less than $100 in combined regular Checking / Savings.
Never a mortgage or car loan with them.
I guess I have some time, but since 2019 ..that is not long.
I have had (1) PL that I paid off realtively fast. (three months),
Balance detailsPaid off-Balance-Balance updated Jun 30, 2020Original balance $10,000Account infoAccount number 4300XXXXXXXOpen/closed ClosedDate opened Mar 30, 2020Account type Unsecured LoanHad one open $3010 SSL for less than one year;
Balance detailsPaid off-Balance-Balance updated Apr 30, 2020Original balance $3,010Account infoAccount number 4300XXXXXXXOpen/closed ClosedDate opened Jun 20, 2019Account type Secured LoanETA: Also a $15K CLOC -> that I never use.DTI is less than 1%Used to hold three CC's at one time, now only hold The Flagship.EQ F9 Score never above 800
Agreed. First off, I'm not sure why everyone always recommends Flagship checking. I have regular Everyday Checking and seem to be doing alright. The only other thing I have (besides the mandatory savings) is DD, but even that was only for the bonus CB on the CashRewards. As far as money with them, I've only got around $300 or so in my accounts. Still, my score is around 280ish, so as I said, I think I'm doing alright.