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Holy #$%*!!! NFCU More Rewards Approval!

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DebtStinks
Established Contributor

Re: Holy #$%*!!! NFCU More Rewards Approval!

@Anonymous that's been the general consensus, but I believe having an established relationship trumps this soft guideline. I know it was the case with me...I was approved for the AMEX with a 1k SCL, and then 3 months later bumped to 3k via a recon. I stayed at the 3k limit until I reached 2 years post BK where I got the bump of 3x CLI to a total CL of 9k...then got the "standard max" 4k CLI a few months ago during the pandemic.

 

I hope this helps.

 

Best of luck!

NFCU More Rewards AMEX $25000 (Opened 1/19) - NFCU Platinum $21000 (Opened 1/21) - TTCU Platinum Visa $10000 (Opened 10/18) - Discover $5500 (Opened 11/21) - Barclays View MC $5000 (Opened 1/19) - Capital One Platinum $3500 (Opened 2/19) - Capital One World Elite MC $1000 (Opened 3/21) - Target Store Card $2000 (Opened 10/18) - Floor & Decor Store Card $42500 (Opened 10/18)
Closed - PenFed $35,000 - Cap1 World Elite MC $11,200
Total CL - $115500

CH7 BK Filed 8/1/17 Discharged 11/7/17

Scores as of 2/18/21:




Inquiries Last 12 Months:
Message 31 of 37
Anonymous
Not applicable

Re: Holy #$%*!!! NFCU More Rewards Approval!

Good to know!

 

Could an established relationship just be a credit card with them? I've had the secure card with them for 6 months (recently graduated to Cash Rewards). I also have a checking and savings, but that's just because it was a requirement. I don't actually use anything other than the credit card. 

Message 32 of 37
DebtStinks
Established Contributor

Re: Holy #$%*!!! NFCU More Rewards Approval!

Yes, based on what Ive seen/heard. Would it be correct to assume that your card graduated to an unsecured limit of 1-2k?

NFCU More Rewards AMEX $25000 (Opened 1/19) - NFCU Platinum $21000 (Opened 1/21) - TTCU Platinum Visa $10000 (Opened 10/18) - Discover $5500 (Opened 11/21) - Barclays View MC $5000 (Opened 1/19) - Capital One Platinum $3500 (Opened 2/19) - Capital One World Elite MC $1000 (Opened 3/21) - Target Store Card $2000 (Opened 10/18) - Floor & Decor Store Card $42500 (Opened 10/18)
Closed - PenFed $35,000 - Cap1 World Elite MC $11,200
Total CL - $115500

CH7 BK Filed 8/1/17 Discharged 11/7/17

Scores as of 2/18/21:




Inquiries Last 12 Months:
Message 33 of 37
Anonymous
Not applicable

Re: Holy #$%*!!! NFCU More Rewards Approval!

Correct. It graduated to unsecured $2k. 

Message 34 of 37
WavysMommy
Regular Contributor

Re: Holy #$%*!!! NFCU More Rewards Approval!


@Anonymous wrote:

That's awesome! Congrats!

 

I'm 11 months post BK and hoping for something like this. I was under the impression that you needed to be 24+ months out of BK for them to approval anything more than $1k. 


Thanks!

 

I thought this initially as well. But the more I read up on each approval posted here, it just really is YMMV, even with general guidelines(banking relationship).

 

I believe if I didn't have a positive payment history with my student loans(which are listed at 20 years on my report), or a low DTI ratio, my approvals would have been on the lower side(which I would have expected). My income has increased twice since my BK, so that may also factor in.

 

Message 35 of 37
mystikal1
Established Contributor

Re: Holy #$%*!!! NFCU More Rewards Approval!

Congrats. 

Message 36 of 37
southernblueeyes
Contributor

Re: Holy #$%*!!! NFCU More Rewards Approval!

Congratulations!! 

NFCU Cash Rewards $16,000
PenFed Power Cash Rewards $12,500
Apple Card $8,200
NFCU Flagship $20,000
Capital One Savor $15,000
PenFed Pathfinder $10,000
Message 37 of 37
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