cancel
Showing results for 
Search instead for 
Did you mean: 

Massive $160,000 Credit Union Spree!

tag
outsiderdf
Member

Massive $160,000 Credit Union Spree!

My gosh lol, and I don't think I'm done yet, still have a few other credit unions to check out.

 

I've been on the forums before but I think because of inactivity my account was erased. So I'll give my cards prior to the new stuff, which totaled almost 200K you'll see all of them below. I hadn't opened a new card in about 2 years and at this point these were almost all paid off. I let my inquiries definitely decrease before starting this spree.

 

Sun Coast Credit Union $   15,000
PenFed Gold $   17,500
First Financial FCU Signature Rewards $   15,000
Langley Signature Rewards $   16,000
Chartway Signature Rewards $   15,000
SkyPoint FCU $   15,000
PenFed Power Cash $   10,000
DCU Platinum $   10,000
PayPal Credit $   10,000
FNBO Signature $     4,350
Lowe's $     1,500
BB&T Cash Rewards #3 $     6,500
BB&T Bright #2 $     6,500
SunTrust Cash Rewards $     6,500
Discover Chrome $     3,800
PNC Rewards $     3,400
EverBank $     5,000
BB&T Cash Rewards #4 $     4,500
BB&T Bright #3 $     4,500
BB&T Bright #1 $     4,500
BB&T Travel Rewards $     4,500
Best Buy $     4,000
BB&T Rewards $     3,500
Citi Double Cash $     3,000
Synchrony Bank $     2,500
BB&T Cash Rewards #1 $     2,500
BB&T Cash Rewards #2 $     2,000
Bank of America $     1,500
PayPal Mastercard $     1,100
  $ 199,150

 

Once my scores all went above 750 I began the spree, see below. I wanted to thank all the members that contribute to this forum because this wouldn't have been possible without you. I targeted CU's because they've always treated me well as you can see above. I combed through searches by titles then also looked at the different cards in the different profiles for the targets below, I think most of you will see some of these have been common around here (Jovia for example). As a data point, I recently got bumped to 135K salary at work so I think that was a driver as well, but they just kept approving me...these are all unfenced by one way or another I believe, except maybe Advance Financial FCU, since they are local to me:

 

NEW

 

Service Credit Union Elite Rewards: $30,000

Harvard FCU: $25,000

Michigan State FCU: $20,000

Farmers Insurance (FIGFCU): $20,000

Advance Financial FCU: $18,000

Jovia Credit Union: $15,000

Suncoast Credit Union Signature Rewards CLI: $15,000

Ashley Furniture Card: $12,000 (was shopping for furniture)

KeyPoint FCU: $5,000

Synchrony Bank MasterCard CLI: $2,500

 

Mind you, this is all in the span of about a week, and multiple a day. Most have pulled Experian, and additionally some Equifax, but most all did pull Experian and they didn't care about all the inquiries, which at the start were pretty low around 5 but obviously now are much higher. The latest approval was TODAY, so I'm going to keep pushing until someone rejects me! Let me know if you have any questions.

Message 1 of 43
42 REPLIES 42
NYFan63
Established Contributor

Re: Massive $160,000 Credit Union Spree!

Thats an amazing spree!  Congrats!

Penfed Platinum Sig Visa $33k, PenFed PLOC $25k, NFCU Cash VISA Sig 22k, NFCU Visa Flagship 22k, CAP1 Venture $23k, CAP1 Venture One $15k, NFCU NAV Check $15k, Barclays Arrival $13,2k, DCU VISA 5k, Cap1 QS 7.5k, WF Finance 3.5k, Merrick 2.2k, Barclays Apple Financing 6.1k BestBuy 5k >Ch7 BK filed 8/09; DC 01/10 EQ 636 Nov 13;
EQ08 718 | TU 731 | EXP 728
Inqs: EQ 11, TU 8, EXP 11(last 2 yrs)
Goal 750+ In the Garden til

Message 2 of 43
ocheosa
Valued Contributor

Re: Massive $160,000 Credit Union Spree!

Congratulations!!!

 

[7/24] Scores 8/9: 700-800s. Util: 1%. Inq/12: EQ 0, EX 2, TU 2. AoOA=15.11y, AoYA=11m.
TCL $693.5K: Personal $562.5K, Business $131K.
Message 3 of 43
cashorcharge
Community Leader
Super Contributor

Re: Massive $160,000 Credit Union Spree!

That’s Terrific!! Congratulations on all your Approvals!!👏🏼🍾🥂

Please don't be surprised when see your score tank after all those new accounts get reporting.  I will go back up in time

Message 4 of 43
yam1rts
Regular Contributor

Re: Massive $160,000 Credit Union Spree!

Humm, congratulations? Don't mind me asking but why?



Starting Score: 789
Current Score: 801
Goal Score: 850


Take the myFICO Fitness Challenge
Message 5 of 43
crystal626
Regular Contributor

Re: Massive $160,000 Credit Union Spree!

Congrats on the insane spree!

 

I would be cautious though. It wouldn't surprise me one bit to see one or more of those get closed when they all report as that kind of rapid addition of new credit is a strong indicator for potential bust out fraud.

Message 6 of 43
outsiderdf
Member

Re: Massive $160,000 Credit Union Spree!

Thanks! Yeah, pretty experienced at this point lol, I have perfect payment history, and have low balances, shouldn't take too big of a hit!

Message 7 of 43
outsiderdf
Member

Re: Massive $160,000 Credit Union Spree!

I would be more concerned with big banks or bigger providers, haven't had that problem with Credit Unions but we shall see. I'm sure they enjoy the $20 I throw into the savings account at each of them. I've had the first list of cards for over 4 years or so, so pretty established. Will keep this updated 😀.

Message 8 of 43
outsiderdf
Member

Re: Massive $160,000 Credit Union Spree!

Why have any? 😀

 

Just a hobby really, testing boundaries, having a high total limit also keeps your usage lower if carrying a balance. 

Message 9 of 43
yam1rts
Regular Contributor

Re: Massive $160,000 Credit Union Spree!

IDK about you guys but I'm VERY curious to know what the total damage to the score will be.



Starting Score: 789
Current Score: 801
Goal Score: 850


Take the myFICO Fitness Challenge
Message 10 of 43
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.