@AverageJoesCredit wrote:
@Anonymous wrote:
@AverageJoesCredit wrote:
@Anonymous wrote:
@M_Smart007 wrote:
Well today is 91/3 .. longest wait ever!!!!
Short story, If I put my full income, I have to upload tons & tons of documents everytime.
If I put 1/10th of My income here is the outcome .. Instant approval !!!
@M_Smart007 Congrats on the FS and the CLI, as if we had any doubt you could and did get it
Killing it as always sir
Your 1/10th... is probably triple or more my normal income
Lol, lucky you guys, mine is only his / and maybe not for long
Grats @M_Smart007 Those are some terrific limits
.
@AverageJoesCredit Power of the LIE'er... maybe no 25k instant approvals, but we'll match those limits.. someday
Ive tried on both cards recently for cli. Everything locked up so whats the harm? I get an email like 2 days letter, dont even open i knew they were denied
But how are you going to build a fort out of Navy letters like the disco temple if they only email them booo 
lol
@Anonymous wrote:
@Matt9543 wrote:
@Anonymous wrote:
@Matt9543 wrote:
I'm just mainly curious as I got approved for the cashRewards with a 11.15% APR but only a $1,400 credit limit, and wanted to see if I would at any time get the signature benefits. Also, if at any time I want to move it to a MasterCard, is that possible?edit: so the same card number but signature benefits??
@Matt9543 Yes, once your card goes over 5k, you automatically get upgraded to the sig benefits and a new card is sent out. My two the got upgraded to sig, one started as a 1k CR and the other a 4k GR, so i know it's possible. One exception is Platinum as it doesn't have VS or WMC abilities. It is exactly the same everything with the added benefits to your already existing account.
Yes, you can transfer between card types/benefits, however just like when you change card types, i would say that you would want to use up your points so you don't lose them when transfering between program or billing network. I have changed my cards around many times, but i have stuck with a certain billing network with certain cards (personal pref only) so i'm not sure if you change the network type but keep the same program if your points/CB will remain.
Ah, okay! Thanks for all the information. I'll probably just stick with the visa version, but it's good to know that you'll automatically get moved to the signature benefits. I'm trying to consolidate all my spend down to Navy Federal cards, and I've been super impressed with the ease of it all. Plus, I was considerin at one point doing a Line of Credit, but theoretically the interest rate would be lower on this card compared to getting the line of Credit, since the cash advance APR is only 2% higher than the purchase, but still lower than the lowest APR of the loc. Do you have any advice on this also?
@Matt9543 I love Navy and i love to help as i was once in your shoes, so YES i can speak to that
The CLOC is super awesome to have for the OD protection. That being said, NEVER use it. Even if you get the lowest APR it has, it's daily not monthly like the cards, so it adds up fast. It is amazing Util padding, and if you do, ask for the max of 15k and take what they offer as it will grow like the cards do.
I was going to utilize the cashRewards card for it since the cash advance APR is technically lower than the cloc for my instance. And it would be just for emergency purposes only, as I would have it deposited into my account.
@Anonymous wrote:
@Matt9543 wrote:
I was going to utilize the cashRewards card for it since the cash advance APR is technically lower than the cloc for my instance. And it would be just for emergency purposes only, as I would have it deposited into my account.@Matt9543 Yes, whatever best fits your credit goals is great. It's nice to have the padding since it really shouldn't be used and won't ever be cancelled for non-use. If it doesn't fit your credit goals then it might make more sense not to get it
@Jago22 I'll definitely look into it. I think my best bet for right now is to just use the card and see if I can get a CLI in 91/3. It's my understanding that either one will use EQ for the hard inquiry (if not a soft pull for CLI) and I will pretty much have a better idea which one to use when that time comes.
On a sidenote, thank you so much for all the information!
@Anonymous wrote:
@AverageJoesCredit wrote:
@Anonymous wrote:
@AverageJoesCredit wrote:
@Anonymous wrote:
@M_Smart007 wrote:
Well today is 91/3 .. longest wait ever!!!!
Short story, If I put my full income, I have to upload tons & tons of documents everytime.
If I put 1/10th of My income here is the outcome .. Instant approval !!!
@M_Smart007 Congrats on the FS and the CLI, as if we had any doubt you could and did get it
Your 1/10th... is probably triple or more my normal income
Lol, lucky you guys, mine is only his / and maybe not for long
Grats @M_Smart007 Those are some terrific limits
@AverageJoesCredit Power of the LIE'er... maybe no 25k instant approvals, but we'll match those limits.. someday
Ive tried on both cards recently for cli. Everything locked up so whats the harm? I get an email like 2 days letter, dont even open i knew they were denied
But how are you going to build a fort out of Navy letters like the disco temple if they only email them booo
Lol, i often wonder what goes through the mailman's mind when he gets constant Disco letters for me. Must think i owe them mad money...poor Joe😏
@Anonymous wrote:
@Matt9543 wrote:
I was going to utilize the cashRewards card for it since the cash advance APR is technically lower than the cloc for my instance. And it would be just for emergency purposes only, as I would have it deposited into my account.@Matt9543 Yes, whatever best fits your credit goals is great. It's nice to have the padding since it really shouldn't be used and won't ever be cancelled for non-use. If it doesn't fit your credit goals then it might make more sense not to get it
With regards to the NFCU CLOC, is Direct Deposit required, preferred, or not needed at all? If preferred, would a regular ACH transfer do the job? Thanks!
@Matt9543 wrote:
@Anonymous wrote:
@Matt9543 wrote:
I was going to utilize the cashRewards card for it since the cash advance APR is technically lower than the cloc for my instance. And it would be just for emergency purposes only, as I would have it deposited into my account.@Matt9543 Yes, whatever best fits your credit goals is great. It's nice to have the padding since it really shouldn't be used and won't ever be cancelled for non-use. If it doesn't fit your credit goals then it might make more sense not to get it
@Jago22 I'll definitely look into it. I think my best bet for right now is to just use the card and see if I can get a CLI in 91/3. It's my understanding that either one will use EQ for the hard inquiry (if not a soft pull for CLI) and I will pretty much have a better idea which one to use when that time comes.
On a sidenote, thank you so much for all the information!
Always glad to help. Its personal decision to get a CLOC for your goals or not. I started with a dirty profile so i seemed to do better with new approvals. When i got my 3rd card with a 15k SL, i thought what the he(double hockey sticks) and tried for the CLOC and got a 14k on that. The two HP's that day were well worth it
@AverageJoesCredit wrote:
Lol, i often wonder what goes through the mailman's mind when he gets constant Disco letters for me. Must think i owe them mad money...poor Joe😏
@AverageJoesCredit What he doesn't know is that you are an "undercover" BOSS..
I'll personally just go with the flow and see if I can get a CLI at 91/3, and then see where to move from there. Thank you!