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which Navy fed typically gives a higher credit limit approval?

chantheman1
Member

which Navy fed typically gives a higher credit limit approval?

The platinum or the flagship?

 

20 REPLIES 20
AverageJoesCredit
Mega Contributor

Re: which Navy fed typically gives a higher credit limit approval?

Profile dependent  although FS is minimum $5k snd is harder to get. Some people can pull off 25k instant approvals on either card while others cannot. 

Message 2 of 21
LeilaniS
Established Contributor

Re: which Navy fed typically gives a higher credit limit approval?

@chantheman1 

Welcome to the community- so glad you're here! If you decide to go for a card, please keep us updated! Smiley Wink

Message 3 of 21
M_Smart007
Epic Contributor

Re: which Navy fed typically gives a higher credit limit approval?


@chantheman1 wrote:

The platinum or the flagship?

 


Do you have history with Navy?

If so how long?

Current cards with Navy?

DTI?

Message 4 of 21
Saeren
Mega Contributor

Re: which Navy fed typically gives a higher credit limit approval?

In theory the limits should be the same between them. NFCU just has a higher bar to entry for the Flagship with the $5K minimum. If it's your first card, I would go for the Platinum to try to avoid a denial unless you have been a member for some time. There have been people with FICOs in the 800s who got declined the Flagship as their first card. 





Message 5 of 21
M_Smart007
Epic Contributor

Re: which Navy fed typically gives a higher credit limit approval?


@Saeren wrote:

In theory the limits should be the same between them. NFCU just has a higher bar to entry for the Flagship with the $5K minimum. If it's your first card, I would go for the Platinum to try to avoid a denial unless you have been a member for some time. There have been people with FICOs in the 800s who got declined the Flagship as their first card. 


I agree, the people who got approved for Flagship for their first card, well grats!

Have seen plenty of first time denial's. Now is probably not the time to try one's luck.

Message 6 of 21
chantheman1
Member

Re: which Navy fed typically gives a higher credit limit approval?

@M_Smart007 

DTI is 20%

Util is 10%

member since 2012

cash rewards for 2 years and 11k limit 

Message 7 of 21
M_Smart007
Epic Contributor

Re: which Navy fed typically gives a higher credit limit approval?


@chantheman1 wrote:

@M_Smart007 

DTI is 20%

Util is 10%

member since 2012

cash rewards for 2 years and 11k limit 


@chantheman1 

 

With those stats and the time with Navy, I would apply for The card that would best fit your needs. IMO

 

Keep in mind, there is no "Sign up bonus" on the Flagship right now.  (Normally $500 for $4000 spend)

My guess is that will be back live March 2021.

 

Good Luck!

Message 8 of 21
M_Smart007
Epic Contributor

Re: which Navy fed typically gives a higher credit limit approval?

@chantheman1, One other option is to get the MoreRewards card, with the generous 30,000 point Sign up bonus

if you can meet the spend?

"Open a Navy Federal More Rewards American Express® Card, and you’ll earn 30,000 bonus points (a $300 value) when you spend $3,000 within 90 days of account opening."

Can be deposited to your NFCU acct. or statement credit.

 

Then product change it to another card, once you are credited the SUB.

 

Just a thought.

Message 9 of 21
chantheman1
Member

Re: which Navy fed typically gives a higher credit limit approval?

@M_Smart007 

thank you for the advice and knowledge! 

Do you know if navy fed auto denies for a certain amount of inquiries?

Message 10 of 21
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