When to reapply for CC after paying in full NFCU

[JamesB95]

Hi.

Yesterday I decided I wish to open a new card with NFCU and so I paid my balance in full rather than making small payments. It posted today and has a $0 balance.

My question is, how long should I wait to reapply? I talked to them and they said I should be able to reapply. My card was not charged off abd only had a few missed payments last year in college. I explained to them how I really want to build the relationship.

Ive been a member since 2015. I get my military pay direct deposited there. I have a savings abd I just opened an IRA earlier thus month with them.

Could I app again now? Should I wait till the pay off posts to my credit reports? Apply online or over phone to explain its paid off?

Thanks. (Posted via phone. Sorry if typos)

[gdale6]

Moving to Apps Forum

[Anonymous]

"Should I wait till the pay off posts to my credit reports?"

Yes.

This will improve your FICO score which will give you better odds of approval.

[Anonymous]

As soon as your credit reports show a $0 balance, you should be good to go

[JamesB95]

So...

I bit the bullet and went for it and the result:

"Your application has been accepted and is currently being reviewed.
The processing time for a credit card application is 24 hours unless additional information is needed."

And my scores are low 600s as I rebuild! I am very happy that Navy Fed let me get the same card I had pre-pay off! (cashRewards) 

[Anonymous]

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@JamesB95 wrote:

So...

I bit the bullet and went for it and the result:

"Your application has been accepted and is currently being reviewed.
The processing time for a credit card application is 24 hours unless additional information is needed."

And my scores are low 600s as I rebuild! I am very happy that Navy Fed let me get the same card I had pre-pay off! (cashRewards) 

---

I'm not all about bursting bubbles, but this is not an instant approval.  the 24 hours is for manual review - you're not out ot the woods yet, my friend.

[stellar]

If they don't approve it, see if they'll use the same HP for a secured credit card.  It will automatically unsecure after 1 year.