Hi, everyone. I certainly don't want to appear ungrateful -- having just pulled off an unexpected one-hard-pull-only "Triple Play" earlier this week -- but I do have an underwriting question that perhaps some of the NFCU experts here can answer. Specifically, what is the logic behind, in my case, denying a request to increase the credit limit on my first card from $2,500 to $10,000 (counter-offered with $5,000, which was accepted without recon), only to approve me, literally moments later, for a second card with a whopping $25,000 SL? In order to preserve my Average Age of Accounts, my strategy was simply to get my first card's (cashRewards) limit above the $5,000 threshold and then convert that to the Flagship card. But had I not pored over this thread for months, NFCU's decision to give me only 1/3 of the amount I requested would've disheartened me and made me think that perhaps I was asking for too much too soon -- or that I'd hit my "internal limit" with them. So instead of taking their counteroffer as a rejection, I decided to throw caution to the wind and just apply for the Flagship, which I was thankfully granted. But why? I mean, if I don't deserve an additional $7,500 on a card that they have 13 month's of history on, why would the underwriters turn around and give me $25,000 on a second card? Not that I'm angry, mind you . . . . 
I'm curious, does NFCU allow you to reallocate part of one credit card's limit to another card?
@ZenMan wrote:Hi, everyone. I certainly don't want to appear ungrateful -- having just pulled off an unexpected one-hard-pull-only "Triple Play" earlier this week -- but I do have an underwriting question that perhaps some of the NFCU experts here can answer. Specifically, what is the logic behind, in my case, denying a request to increase the credit limit on my first card from $2,500 to $10,000 (counter-offered with $5,000, which was accepted without recon), only to approve me, literally moments later, for a second card with a whopping $25,000 SL? In order to preserve my Average Age of Accounts, my strategy was simply to get my first card's (cashRewards) limit above the $5,000 threshold and then convert that to the Flagship card. But had I not pored over this thread for months, NFCU's decision to give me only 1/3 of the amount I requested would've disheartened me and made me think that perhaps I was asking for too much too soon -- or that I'd hit my "internal limit" with them. So instead of taking their counteroffer as a rejection, I decided to throw caution to the wind and just apply for the Flagship, which I was thankfully granted. But why? I mean, if I don't deserve an additional $7,500 on a card that they have 13 month's of history on, why would the underwriters turn around and give me $25,000 on a second card? Not that I'm angry, mind you . . . .
I'm curious, does NFCU allow you to reallocate part of one credit card's limit to another card?
Yes, but I'm not sure how soon after you get the card that it can be done.
@IodineNightSky wrote:
i sent them a message the next day (before i had the flag in hand) and asked them to reallocate 5k from flag to CR. my reason stated was somethign like "i can't really buy anything substantial on teh CR so can i please move 5k of the flag limit to the CR?" they did so the same day and that left me with a 5.5k CR and 10k flag.
again, that was 6-7 months ago. i assume they still reallocate but havent tried it since 6-7 months ago.
Excellent datapoint, @IodineNightsky. Thank you for sharing!
My 91st day came today.
After my ridiculous denial for Flagship and approval for $1k Cash Rewards, I decided to listen to everyone and wait 91 days.
Backstory: had 745 Fico, 333 NFCU internal score, six figure income, multiple $10k - $30k credit cards, under 17% util, etc.
Yep, 745 gets $1k while 550-650 Ficos are getting $25k. Bizarro world.
Today, 91 days later, I was instantly approved for $20k Flagship. Little disappointed it was not $25k, but still happy.
I was also approved for $2k cli making my first card $3k CL which I believe is the most possible since my SL was $1k.
Ironically, my Fico was 740, I opened 3 new cards in the last 90 days, more inquiries, etc.
My new Flagship will be my go to card now especially for the next 90 days.
Hopefully I can grow it and my relationship with NFCU.
@Anonymous wrote:
@Shooting-For-800 wrote:My 91st day came today.
After my ridiculous denial for Flagship and approval for $1k Cash Rewards, I decided to listen to everyone and wait 91 days.
Backstory: had 745 Fico, 333 NFCU internal score, multiple $10k - $30k credit cards, under 17% util, etc.
Yep, 745 gets $1k while 550-650 Ficos are getting $25k. Bizarro world.
Today, 91 days later, I was instantly approved for $20k Flagship. Little disappointed it was not $25k, but still happy.
I was also approved for $2k cli making my first card $3k CL which I believe is the most possible since my SL was $1k.
Ironically, my Fico was 740, I opened 3 new cards in the last 90 days, more inquiries, etc.
My new Flagship will be my go to card now especially for the next 90 days.
Hopefully I can grow it and my relationship with NFCU.
Congrats, although I have to be honest & say I will miss scrolling over your CR card image & seeing “$1K- yep, $1K!” LOL!
LOL! It was bitter sweet, but decided to retire it for now.
I spent like $5k or $6k on a $1k card in 3 months. LOL!
@Shooting-For-800 wrote:My 91st day came today.
After my ridiculous denial for Flagship and approval for $1k Cash Rewards, I decided to listen to everyone and wait 91 days.
Backstory: had 745 Fico, 333 NFCU internal score, six figure income, multiple $10k - $30k credit cards, under 17% util, etc.
Yep, 745 gets $1k while 550-650 Ficos are getting $25k. Bizarro world.
Today, 91 days later, I was instantly approved for $20k Flagship. Little disappointed it was not $25k, but still happy.
I was also approved for $2k cli making my first card $3k CL which I believe is the most possible since my SL was $1k.
Ironically, my Fico was 740, I opened 3 new cards in the last 90 days, more inquiries, etc.
My new Flagship will be my go to card now especially for the next 90 days.
Hopefully I can grow it and my relationship with NFCU.
Congrats!
You treated Navy right and they rewarded you, enjoy! 