cancel
Showing results for 
Search instead for 
Did you mean: 

My 3 Navy Cards... Thoughts?

tag
Creditaddict
Legendary Contributor

My 3 Navy Cards... Thoughts?

I will be paying my cards off next week and considering closing 1 if not 2 of them in order to move the CL over to my oldest which is CashRewards Sigi.

Currently:

CashRewards $25k

Flagship $20k

Platinum $14k

 

I would "Consider" keeping platinum but basically want to make my CashRewards $50k at minimum as I truly believe higher limits get higher limits in future from other banks!

Message 1 of 18
17 REPLIES 17
thelethargicage
Valued Contributor

Re: My 3 Navy Cards... Thoughts?

Sounds like a good plan. Go for it! Higher limits beget higher limits.


Message 2 of 18
chalupaman
Super Contributor

Re: My 3 Navy Cards... Thoughts?

How long have you had each of them?

 

I say go for it based on that reasoning or at least the hope that you'll get better starting limits on certain cards.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 3 of 18
Creditaddict
Legendary Contributor

Re: My 3 Navy Cards... Thoughts?


@chalupaman wrote:

How long have you had each of them?

 

I say go for it based on that reasoning or at least the hope that you'll get better starting limits on certain cards.


i think my cashrewards is a year this month

flagship a year in march or april

platinum I want to say july or aug. will be 1 year.

Message 4 of 18
chalupaman
Super Contributor

Re: My 3 Navy Cards... Thoughts?


@Creditaddict wrote:

@chalupaman wrote:

How long have you had each of them?

 

I say go for it based on that reasoning or at least the hope that you'll get better starting limits on certain cards.


i think my cashrewards is a year this month

flagship a year in march or april

platinum I want to say july or aug. will be 1 year.


Alright. Sounds like your plan will work. Older the TL, the better IMO.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 5 of 18
Anonymous
Not applicable

Re: My 3 Navy Cards... Thoughts?

I am a little surprised. I thought your MO was a collector of sorts. Either way I say go for it, it would be awesome to super size that navy sig

Message 6 of 18
Anonymous
Not applicable

Re: My 3 Navy Cards... Thoughts?

Isn't your motto "when in doubt, apply"?
Message 7 of 18
Creditcurious74
Frequent Contributor

Re: My 3 Navy Cards... Thoughts?

I've my flagship since March 2013 and since I haven't seen any auto CL I was planning on applying for the cashreward card and closing my flagship and merge my flagship limit to the cashreward and I was told from customer it can't be done. 

Message 8 of 18
Creditaddict
Legendary Contributor

Re: My 3 Navy Cards... Thoughts?

You have to get someone at navy that actual knows... Navy isn't all that great when it comes to all answers be real and smart... Little like Comenity in that case!
Message 9 of 18
Anonymous
Not applicable

Re: My 3 Navy Cards... Thoughts?

Is NFCU known for CLD due to excessive new accounts?
Message 10 of 18
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.