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NFCU Membership and Platinum VISA Approval

Jazee
New Contributor

NFCU Membership and Platinum VISA Approval

Decided I wanted a card with low rate being the objective as my USAA has 1.5% rewards (standard) and lots of perks (warranty ext, yada yada).  Wanted something if I have to carry a large balance temporarily I won't pay out the nose in interest. Agonized over going DCU (already a member) or NFCU.  NFCU had 5.99% starting and DCU 8.5% but cash adv rate on DCU is same, NFCU is +2%.  Both no transfers or cash advance fees.  Called NFCU told them my Grandfather was in the Navy (which he was) and had an account opened in about 15 min.  Immediately applied for the card. Got an email next day they wanted proof of income (I'm self employed). Sent a copy of tax return.  Approved at 10.99% $3000 SL this is with TU Vantage 3 Score at 752 , about a 30% debt/rent to income ratio with gross income averaging around $8K a month.  I've got one 4-yo charge off I am planning to negotiate settlement on in coming months so I think that and being a new customer is what preventing me from getting a 5.99% $20K+ card.  I was hoping for closer to 8.99% $5K limit but from all my reading it sounds like CLI's will be larger/easier with NFCU that DCU and others.

 

So in about 4.5 months went from 1 card at $2500 CL to 3 cards with total $14,500.  Making progress.   My EX FICO 8 is now at 731 and my EQ Vantage 3 is at 741.  Will apply for Discover or Chase Freedom next.  Leaning towards Discover as seems they offer a bit more favorable terms and easier CLI's compared to Chase.

 

 

 

Message 1 of 15
14 REPLIES 14
AllZero
Super Contributor

Re: NFCU Membership and Platinum VISA Approval

Congratulations on your approval!
Message 2 of 15
CreditAggie
Valued Contributor

Re: NFCU Membership and Platinum VISA Approval

Congratulations on your NFCU approval!

Current Cards (in order of approval):


Current FICO 8:

Credit Age:

Inquiries (24 month):

Goal Cards:



Currently: 0/6, 0/12, 3/24
Message 3 of 15
blindambition
Community Leader
Senior Contributor

Re: NFCU Membership and Platinum VISA Approval

Congrats on membership and approval!!! You can ask for APR reduction on 1 year anniversary of card.

Smiley Happy

Message 4 of 15
Rebuild2019
Established Contributor

Re: NFCU Membership and Platinum VISA Approval

Congratulations 🎊🎉🎈 on your approval.

CARDS: Discover It | QuickSilver One | Kohl’s | BB&T Spectrum Cash Rewards | BB&T Bright | NFCU CashRewards | NFCU More Rewards | AMEX BCE | Verizon Visa | Wells Fargo Platinum | Amazon Prime | OverStock
Starting Scores 05/2019: EQ:519, EX:525, TU:574
Message 5 of 15
CreditMagic7
Super Contributor

Re: NFCU Membership and Platinum VISA Approval

Congratulations on your NFCU approval with new membership!

Message 6 of 15
NewBeginningsNW
Established Member

Re: NFCU Membership and Platinum VISA Approval

Congrats on your approval! 😁

Message 7 of 15
M_Smart007
Epic Contributor

Re: NFCU Membership and Platinum VISA Approval

Congratulations!

popcorn eating emoticon.gif
Message 8 of 15
benreily
Established Contributor

Re: NFCU Membership and Platinum VISA Approval

Congrats! I think right now Bank is tightening their purse on credit line. Only certain occasion based on profile they offered big SL and CLI.




Starting Score: (Nov 13) EQ 650, EXP 750, TU 750
Score: (Aug 2, 2014) EQ 722, EXP 780, TU 777
Score: (Aug 11, 2014)EQ 781, EXP 784, TU 779
Score: (Nov 22, 2014)EQ 814, EXP N/A, TU 781
Score: (Dec 16, 2017)EQ > 720, EXP ?, TU > 730
Score: (Mar 10, 2018)EQ 736, EXP 740, TU 724
Score: (Apr 7, 2018)EQ 752, TU 750, EXP 753
Score: (Jun 14, 2018)EQ 784, TU 771, EX:777
Score: (Sep 7, 2020)EQ 760, TU 737 , EX ?
Score: (Nov 23, 2020)EQ 774 Fico 8(Through Citi), EQ 771 Fico 9(Through NFCU,PenFed), TU 751 Fico 8 (Through Barclay,Discover), EX: 739 Fico 8(through Amex)
Score: (Feb 1, 2021) From myfico.com EQ Fico 8 776,Fico 9 771, TU Fico 8 755, Fico 9 751, EX Fico 8 750, Fico 9 741
Score: (Feb 14, 2021) From myfico.com EQ Fico 8 790, TU Fico 8 789, EX Fico 8 768 (drops from 772)
Score: (Feb 21, 2021) From myfico.com
EQ Fico 8 797, TU Fico 8 791, EX Fico 8 761 (Scores fluctuated Up/Down this month)
Goal Score: EQ 800, EXP 800, TU 800 | Take the myFICO Fitness Challenge
Feb 1, 2021 AoOA 18 years, 9 months, AAoA 7 years, 10 months





Message 9 of 15
MyFault
Valued Contributor

Re: NFCU Membership and Platinum VISA Approval

Congrats on your approval!




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Message 10 of 15
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