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Navy Federal Thread for CLI and Additional Cards

Super Contributor

Re: Navy Federal Thread for CLI and Additional Cards


@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! Smiley Happy




Message 10091 of 15,264
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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

Same scenario happened with me, I ended up closing my $3K Cash Rewards and transferring the $3K onto my Flagship. Got the Cash Rewards again on my 3rd Card.


Message 10092 of 15,264
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Valued Contributor

Re: Navy Federal Thread for CLI and Additional Cards


@Df82 wrote:
Same scenario happened with me, I ended up closing my $3K Cash Rewards and transferring the $3K onto my Flagship. Got the Cash Rewards again on my 3rd Card.

Did you get another SUB for the 2nd Cash Rewards card?

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $400k unsecured credit in 2020.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!

5% Rotating - Discover                         5%-20% - Amazon & Lowes                   3-6% Groceries - NFCU & Amex Preferred
3-5% Gas - NFCU & Ducks Unl            4% Dining & Entertain - Savor               3% Travel & Hotels - Flagship, Propel, & Uber
2% Everything - Flagship & Syncrony






Message 10093 of 15,264
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Valued Contributor

Re: Navy Federal Thread for CLI and Additional Cards

Has anyone gotten 25k as a SL on their first card and just asked for a CLI at 91/3? 




"Your ego is writing checks your body can't cash".
Message 10094 of 15,264
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Established Member

Re: Navy Federal Thread for CLI and Additional Cards

I did not app at 91/3... I app’d on
July 8th (10 months after opening) - I was denied the CLI.

I’m not sure why at this time - I’m still waiting for the notice to arrive via mail.

My GoRewards Credit Card was
opened in 10/2018 with a SL of 25k. My highest balance was 22k - balance on the app date was 12k. I’ve been paying down the balance by 1k every month. I used the card heavily thru April (repaid what I used before the statement close date). I’ve only used the card twice since April because I’ve been using my
Cash Rewards Credit Card (20k SL with a balance of $600 when I requested the CLI for the GoRewards).

I’m was at 14% UTL (all debt).

The CLI inquiry did result in a
hard pull (TransUnion). I called in several times asking to use this inquiry
for a CLOC - I was denied and I understand.

NFCU has been very good to me!
9ninne
Message 10095 of 15,264
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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

- Shooting

Yes I did get the sub.


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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

Finally got an approval for the Cash Rewards at 18% and a 5K SL. I’m happy as my Merrick Bank balance will transfer and I can close that card.

My wife tried for a CLI on hers and got a denial.
Message 10097 of 15,264
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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

Suggestion/thoughts on my below strategy:

NFCU CR - Opened Feb 2019 15SL
NFCU Platinum - Opened May 2019 15SL

Both above Cards are seeing usage and I PIF and never carry a balance. In August 2019 I wanna apply for a 40k—( I know right) CLI on my NFCU CR Card. I’m aware they might ask for a POI and I’m 100% fine with it, I have nothing to hide and my main checking account is with NFCU.

DP’s
EQ - FICO 8 700+ (IDK why 20pts lower)
EX - FICO 8 720+
TU - FICO 8 720+
AI - 100k+
DTI - 5-8%

Question, would they counter offer if they don’t like the 40k offer or straight out deny me? I wanna make the most out of my HP with NFCU but don’t wanna be too greedy—(yes I know).

Should I just request the 25k and call it a **bleep** day?

Thanks for the advice in advance!
Message 10098 of 15,264
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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

If you want $40K ask for it. If you’re eligible for an increase but NFCU isn’t willing to give you $40K they will counter with something else. $15K to $40K is a big jump, if you were already at $25K I would feel more confident about it.


Message 10099 of 15,264
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Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards

So, yesterday was 91/3 for my Platinum.  I pulled the trigger on the Flagship and was approved for the "we will let you in the door" SL of $5000.  Navy has been very good to me and considering where I started 3 months ago, when all I had were starter and preditory cards, I'm really grateful.  After another cup of coffee I asked for a CLI for my Platinum and was increased from $5000 to $10,000.  The interesting DP in all of this is I had a HP for the new Flagship, but no addition HP for the CLI.  It's a two-fer!  At some point in the future, I will probably reallocate some of the Platinum line to the Flagship, but in the mean time, I still have 9 months on my 0% balance transfer and will use it to zero out a couple of smaller balances.

 

Needless to say, I've tossed my bronze gardening spade back in the shed and grabbed a seedling to plant.  If you need me, I will be sipping Iced Tea and pruning my garden.

Starting FICO 8 December 2017

FICO 8 as of 6/7/20



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