cancel
Showing results for 
Search instead for 
Did you mean: 

Navy Federal Thread for CLI and Additional Cards

Highlighted
Frequent Contributor

Re: Navy Federal Thread for CLI and Additional Cards


@800wannabe420 wrote:



Also it is possible that your recent CLI may put you over the internal limit for NFCU


Thanks! That's EXACTLY what happened. I guess the CLI hadn't fully gone in the system when I tried (and was preapproved) earlier today, because I checked Navy's prequal again just now and all I got was the secured card. So the CLI was all they were willing to give me.

 

It's okay, I'm so glad I didn't waste a hard pull! Thank you so much for the warning.

 

Because I'm an idiot, I did "waste" a TU inquiry (hey, I was already mentally prepared to do it, lol) and got (and was approved for) an eBay MC. Low starting limit, but I don't care because at least it wasn't a denial. I truly am an idiot. Back to the garden I go, to let this app spree age. Thank you so much again! I'll try for the Flagship next year. 


Overstock $7,750, Walmart $2.5K, Discover IT Cash Back $2.4K, Navy Fed cashRewards $5K, Shell (Citi) Fuel Rewards $800, Navy More Rewards $17K, AMEX Cash Magnet $1K, Citizens Bank Cash Back $2.8K, Amazon Store Card $4.2K, Cap1 QS $1.1K, FBNO Visa $1.6K, AMEX Blue Cash Preferred, $8K, eBay MC $800 (RIP Green Dot Platinum Secured)
Current FICO8: EQ 700, TU 697, EX 690   Current FICO9: EQ 715, EX 714
Goal for December 2019: FICO8 640-700 (reached! Fico 681!) | Goal for December 2020: FICO8 685-700 (Reached! 690!) | Goal for December 2021: FICO8 700-740
Starting Score: 539  Current Score: 690  Goal Score: 760
My credit recovery journal
Message 15231 of 15,256
Highlighted
Community Leader
Mega Contributor

Re: Navy Federal Thread for CLI and Additional Cards


@800wannabe420 wrote:



@tenaya wrote:

@M_Smart007 wrote:

@tenaya, I am probably the last person to talk you out of itsmiley-laughing021.gif

If it were Me, I would apply for the NFCU card before Amex hits and let them age together?

Then straight to the garden for a while.... Just sayinSmiley Very Happy

 

Keep us posted?


 Thanks! So it would be okay to app for the Flagship even though Navy just gave me a CLI today? I don't need much encouragement to app...I just want to make sure it's not hopeless! I really want this card!


Go ahead and apply if you want but just a couple of points to consider:

 

Don't let the results of your preapproval/prequalified from the NFCU tool drive your application as it has been proven to be unreliable, to say the least.

 

Remember the UW for the Flagship is different from all the other NFCU cards in that it requires a minimum $5000 SL.

 

Also it is possible that your recent CLI may put you over the internal limit for NFCU

 

Good luck in whatever you decide to do.


Not only does it have different UW,  i feel that $5k is just a first   benchmark for them to determine if one is worthy. I have plenty of cards over 5k but im pretty sure i cant get this. I think they use some kind of metric that lets them know if a person would actually use it. Maybe just me but it sure feels that way lol. 

 

One thing i do say , so i could still app a FS one day lol,  is nothing is impossible with Navy and dont be afraid to try or even risk hps. I would never have achieved a 25k credit card with them if i didnt chance it by requesting 25k on my last few attempts. I wish there were more low income people here on myFico that i could help inspire  for what ive accomplished on my income. 

Message 15232 of 15,256
Highlighted
Community Leader
Mega Contributor

Re: Navy Federal Thread for CLI and Additional Cards


@tenaya wrote:

@800wannabe420 wrote:



Also it is possible that your recent CLI may put you over the internal limit for NFCU


Thanks! That's EXACTLY what happened. I guess the CLI hadn't fully gone in the system when I tried (and was preapproved) earlier today, because I checked Navy's prequal again just now and all I got was the secured card. So the CLI was all they were willing to give me.

 

It's okay, I'm so glad I didn't waste a hard pull! Thank you so much for the warning.

 

Because I'm an idiot, I did "waste" a TU inquiry (hey, I was already mentally prepared to do it, lol) and got (and was approved for) an eBay MC. Low starting limit, but I don't care because at least it wasn't a denial. I truly am an idiot. Back to the garden I go, to let this app spree age. Thank you so much again! I'll try for the Flagship next year. 


Preapprovals from Navy are unreliable and in no way show you where you stand with them . Only by your denials will you knowSmiley Wink i know the feeling of applying. Lol i still cant go 2 years with no appsSmiley Wink

Message 15233 of 15,256
Highlighted
New Contributor

Re: Navy Federal Thread for CLI and Additional Cards

@tenaya  Glad you were able to avert an unnecessary HP.

 

Have you considered doing a product change of your Cash Rewards to a Flagship?  The Flagship return of 2 points (2%) for uncategorized spend is greater than the 1.5% from your Cash Rewards.

 

I carry the Flagship and More Rewards myself and they have become my daily drivers along with my Chase Freedom Flex.

Message 15234 of 15,256
Highlighted
New Member

When to go for 3rd card

Good Morning.

Background ..

1. Navy Sig Flag Ship $8.700 , Zero Blanced [I use the card only for family trips]

2. Recently added Navy Sig Rewards Nov/2020 $20.000 , zero Balanced [I will use the card for small to large purchases]

 

Question ,

1.When should I go for a 3rd card from Navy Federal

2. What Card should i request ?

Message 15235 of 15,256
Highlighted
Super Contributor

Re: When to go for 3rd card

1. You will be eligible for the 3rd card at 91 days and 3 fulls statements from 2nd card approval.

2. The one that fits your spend.

 

For your reading pleasure. Navy Federal Thread for CLI and Additional Cards

Message 15236 of 15,256
Highlighted
New Member

Re: When to go for 3rd card

Thank you for the info.

 

 

Message 15237 of 15,256
Highlighted
Super Contributor

Re: When to go for 3rd card


@Paybeforethe1st wrote:

Thank you for the info.


You are welcome.

Message 15238 of 15,256
Highlighted
Regular Contributor

Denied by NFCU

Hey everyone! I reached my 91/3 on my nRewards secured card with Navy last week and decided to apply for their More Rewards unsecured card since I've made all payments on time and have cleaned up my credit over the last couple of months. I was denied after being given a 24-48 hour message. I sent them a secured message and explained my situation, why my credit was so bad for a period of time, and what I've been doing to fix it - hoping for a reconsideration. I've raised my scores by over 50 points since I first applied for the nRewards (my score sits around 600-610 now). 

 

1. What are the chances they would approve me after reconsideration?

2. Can I apply for a Cash Rewards or something different with a better chance of approval? If so, will they use the same HP?

 

Thank you!

Message 15239 of 15,256
Highlighted
Valued Contributor

Re: Denied by NFCU

@hajenkin     Are you sure you have 3 full statements?!  Smiley Happy    That seems to be the main thing people are being denied for lately is tryinig to early Smiley Very Happy










Message 15240 of 15,256
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.