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Navy Fed CC Approval!

mbspeece
Valued Member

Navy Fed CC Approval!

I've been working really hard on my credit recently, and I still have a long way to go. My husband kept trying to convince me to open something with Navy Fed, but the banker had told me when we opened my checking account that it was realy hard to get approved with them, so I didn't think I'd be approved. I was concerned about applying and hurting myself with an inquiry that I was sure would lead to being declined. My husband convinced me that one inquiry wouldn't hurt that much, so I gave it a shot.

 

They approved me! With a $20,000 credit limt. Now I'm terrified because the highest limt I've ever had is $2,000. I plan to only use the card for paying regular bills that would come out of checking and then paying it off each month. I am sort of excited about how this will impact my utilization! Hooray! 

 

(My credits scores are in the low 600s, for anyone that's wondering.)

Starting Score: EQ647, TU689, EX676
Current Score: Same, update 1/15/18
Goal Score: 730 Across Board


Take the myFICO Fitness Challenge
Message 1 of 20
19 REPLIES 19
Bcunniff9
Regular Contributor

Re: Navy Fed CC Approval!

Which card did you get approved for?
BK7 Filed | 3/25/2016 | EQ: 530 | EX: 526 | TU: 505
BK7 Discharged | 7/11/2016 | EQ: 535 | EX: 574 | TU: 506
Current FICO 8’s 10/28/2017 | EQ: 680 | EX: 680 | TU: 665
Message 2 of 20
A1Credit
Established Contributor

Re: Navy Fed CC Approval!


@mbspeece wrote:

I've been working really hard on my credit recently, and I still have a long way to go. My husband kept trying to convince me to open something with Navy Fed, but the banker had told me when we opened my checking account that it was realy hard to get approved with them, so I didn't think I'd be approved. I was concerned about applying and hurting myself with an inquiry that I was sure would lead to being declined. My husband convinced me that one inquiry wouldn't hurt that much, so I gave it a shot.

 

They approved me! With a $20,000 credit limt. Now I'm terrified because the highest limt I've ever had is $2,000. I plan to only use the card for paying regular bills that would come out of checking and then paying it off each month. I am sort of excited about how this will impact my utilization! Hooray! 

 

(My credits scores are in the low 600s, for anyone that's wondering.)


Wow! Congrats!  Good for you! I can only dream of seeing that kind of SL.

***Gardening 3/29/2018 until 9/25/2018***

FICO 8 Scores: EQ~692 l TU~657 l EX~669
Message 3 of 20
mbspeece
Valued Member

Re: Navy Fed CC Approval!


@Bcunniff9 wrote:
Which card did you get approved for?


The regular platinum. I figured I had less of chance of getting approved for the rewards and cash back cards. So I applied for the only non rewards card. Smiley Happy

Starting Score: EQ647, TU689, EX676
Current Score: Same, update 1/15/18
Goal Score: 730 Across Board


Take the myFICO Fitness Challenge
Message 4 of 20
Bcunniff9
Regular Contributor

Re: Navy Fed CC Approval!

I thought that and the AMEX was the hardest to get approved for because of the low APR. well, congrats anyways !!!
BK7 Filed | 3/25/2016 | EQ: 530 | EX: 526 | TU: 505
BK7 Discharged | 7/11/2016 | EQ: 535 | EX: 574 | TU: 506
Current FICO 8’s 10/28/2017 | EQ: 680 | EX: 680 | TU: 665
Message 5 of 20
A1Credit
Established Contributor

Re: Navy Fed CC Approval!

What is your APR, if you don't mind sharing?

***Gardening 3/29/2018 until 9/25/2018***

FICO 8 Scores: EQ~692 l TU~657 l EX~669
Message 6 of 20
Disabled-Vet
Valued Contributor

Re: Navy Fed CC Approval!

Wow congratulations. Dv


     $500         $1,000        $1,300        $1,500        $1,850         $3,400        $3,500                            $9,500        $1,000
Message 7 of 20
AverageJoesCredit
Mega Contributor

Re: Navy Fed CC Approval!

Way to goSmiley Happy Plat is a great card and that 20k means they like what your profile represents to themSmiley Happy

Who says Bankers know everything lolSmiley Happy
Message 8 of 20
ImaPirate
Established Contributor

Re: Navy Fed CC Approval!


@mbspeece wrote:

I've been working really hard on my credit recently, and I still have a long way to go. My husband kept trying to convince me to open something with Navy Fed, but the banker had told me when we opened my checking account that it was realy hard to get approved with them, so I didn't think I'd be approved. I was concerned about applying and hurting myself with an inquiry that I was sure would lead to being declined. My husband convinced me that one inquiry wouldn't hurt that much, so I gave it a shot.

 

They approved me! With a $20,000 credit limt. Now I'm terrified because the highest limt I've ever had is $2,000. I plan to only use the card for paying regular bills that would come out of checking and then paying it off each month. I am sort of excited about how this will impact my utilization! Hooray! 

 

(My credits scores are in the low 600s, for anyone that's wondering.)

 


mbspeece that new NFCU card will LAUNCH your credit score. Congratulations!

Message 9 of 20
Scott2696
Established Contributor

Re: Navy Fed CC Approval!

Awesome. Way to go.. Big Congrats to you

 

EQ 669, TU 679, EX 679. Navy Signature Go Rewards 15K, Navy Signature Cash Rewards 16K, Navy AX Rewards 14.4K, Navy CLOC 15K, Navy Mortgage 120K, Navy ATV Loan 14,990K, FLCU Auto 48.7K, FLCU Visa 7.5K, FLCU Visa 1K, AFCU 5K, AFCU Line of Credit 4K, John Deere 15K, Suncoast TB Rays Cash Rewards 6K, Cap1 QS 5K, USAA Rate Advantage 5K, USAA AX Card 9K, State Farm Rewards 2.5K, Paypal Credit 2.8K, Cabela's 2K, Chevron & Texaco Visa 6K, BMO Harris Bank 1.5K, BOA Bass Pro 1.5K, 5/3 Stand up to cancer 4.5K, 5/3 Truly Simple 4K, 5/3 Trio 4K, Amazon Store Card 5K, Lowes 17K, TBFCU 5K, BBT Spectrum 4.5K, BBT Bright 3.5K, BBT Bright 4.5K, Banco Do Brasil Americas 4.2K, Kays Jewerly 2K, AX Green Charge, AX Delta Gold 1K, Morgan Auto Group 1.6K, Kohls 700.
Message 10 of 20
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