NavCheck

[Anonymous]

You are correct that 15K is the Navchek maximum. It is an overdraft LOC but as noted above you can request checks to draw against it specifically. I have also gone in branch and had them draw from there and deposit it to my checking without waiting for an overdraft. The interest rate is a little high compared to the other NFCU products (Mine is 13.99% while my CC is 8.99% and cash advance is 10.99%). So it is not a line you want to carry a balance on for long. But it is great to have to help manage overall revolving utilization.

[kjm79]

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@bichonmom wrote:

Don't mean to threadjack -- just wondering, when you app for NavChek, do you request a CL or do they just let you know what you were approved for? Are the CLs pretty much the same amounts as the CC CLs? Like, are you likely to get about the same CL for NavChek that you got for a CC w/them?

Nav Chek is only used as overdraft protection, right?

Thanks!

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We requested a specific CL $7500, NFCU wanted income verficication which we sent in.  NFCU gave us a CL of $8000.