Does anyone know if Navy gives auto increases or do you have to request it ? I'm just trying to get an idea of how increases come about with Navy. I was thinking that maybe they do increases every 6 months. 
@MidnightOwl wrote:Does anyone know if Navy gives auto increases or do you have to request it ? I'm just trying to get an idea of how increases come about with Navy. I was thinking that maybe they do increases every 6 months.
I've never asked for a CLI from NFCU, but for the past two years, on the anniversary date for my two cards, NFCU gives me an auto CLI on each. I do know that they do a hard pull for customer initiated CLI requests, though. I wouldn't expect an (auto) increase prior to your cards birthday.
@MidnightOwl wrote:I just had 4 other people inform me that they had auto increases too so, I don't think that particular csr knew what he or she was talking about. Also, it makes no sense for the new card laws to be the determining factor in whether it's a auto increase or a phone initiated or web 1.
I thought it all sounded strange, too.....and he couldnt ever give me real particulars on the law actually prohibiting automatic increases...just said it had to do with proof of income etc. And in light of the auto increases mentioned, I think he might have been a little 'off' on his advices!
I think I'll call back and talk to another CSR.
I'd called to ask about automatic increases as both my cards are now 1yr+, but I haven't seen any CLI. I'd read some other NFCU posts on this forum that advised you could sometimes get an increase..or at least ask if you're eligible for one..... without a hard pull..by just calling and talking to CSR.
Guess it depends on what CSR you get!!
@Anonymous wrote:I've never received auto CLI from NFCU. I had to request for it with hard pull. On my nRewards, start with 3k and requested CLI to 5K and stuck right there. On my cashRewards, start with 3.5k and stays there.
For those who are getting an auto CLI, what are the CL, statement balance, and usage of the ccs? It may be something got to do with these.
Both my NFCU Visa & MC (both nRewards) are at 13.5k. I PIF every month, and use them both a lot. I have two recurring monthly bills on the Visa, one recurring monthly bill on the MC, and I use my MC for all medical expenses (instead of my HSA MC through my company) to get the rewards, and easily track the expenses for reimbursement. I use my Visa for every day purchses as well, when it's time to use that one in my card rotation. So, they both get quite a bit of exercise. I don't think that I've ever let a balance report on the Visa-- statement balance is always zero. I occasionally, every 3 or 4 months, allow a small balance to report on the MC (for utilization then I PIF), because of the schedule of recurring bills. The highest balance ever on each card (at any given time) has been $3.5kish.
I've never even come close to using the whole credit line, and thus never asked for a CLI, and I've never paid a dime of interest (but I cash in rewards a couple times per year). But, I read of NFCU giving auto CLIs in cases where people carry balances (relatively high balances) as well, so my one little anecdote shouldn't be taken as the rule of thumb to an NFCU auto CLI.