@krmurrayjr10 wrote:In May 2019, I applied for the NFCU Amex card and was approved with a SL of $20k. A few months later, I PC'd it to the Flagship Rewards VISA.
A year has passed since the account was opened and I'm looking for some guidance. Based on what I've read here, I assume I'm long overdue for a CLI, which I could request to, say, $25k and it would be a soft pull?
Navy's site also shows me as being prequalified for all their cards, so I assume an app for a 2nd card would likely result in approval? Can I apply for a 2nd Flagship Rewards VISA? What is a typical SL on a 2nd card if I already have a $20k limit on another one?
For what it's worth, the only other Navy products I have are a checking account and savings account with minimal use. There have been no blemishes on my credit over the past year (in fact, an old unpaid charge-off that was there last year has now dropped off) and no inquiries or new accounts in more than 6 months.
You could ask for more. They will counter. Usually 8k is the biggest bump people see on higher limits.
Why would you want a second Flagship, especially with no active SUB for it at the moment? The platinum would not be useful to you to have in case of wanting to do a BT?
There is a really good thread that can be helpful. It's long, but generally the last few pages tend to answer most questions, and if it turns out you don't see your question, all of the regular Navy folk tend to frequent it/are super helpful.
@recoveringfrombk7 wrote:
@krmurrayjr10 wrote:In May 2019, I applied for the NFCU Amex card and was approved with a SL of $20k. A few months later, I PC'd it to the Flagship Rewards VISA.
A year has passed since the account was opened and I'm looking for some guidance. Based on what I've read here, I assume I'm long overdue for a CLI, which I could request to, say, $25k and it would be a soft pull?
Navy's site also shows me as being prequalified for all their cards, so I assume an app for a 2nd card would likely result in approval? Can I apply for a 2nd Flagship Rewards VISA? What is a typical SL on a 2nd card if I already have a $20k limit on another one?
For what it's worth, the only other Navy products I have are a checking account and savings account with minimal use. There have been no blemishes on my credit over the past year (in fact, an old unpaid charge-off that was there last year has now dropped off) and no inquiries or new accounts in more than 6 months.
You could ask for more. They will counter. Usually 8k is the biggest bump people see on higher limits.
Why would you want a second Flagship, especially with no active SUB for it at the moment? The platinum would not be useful to you to have in case of wanting to do a BT?
There is a really good thread that can be helpful. It's long, but generally the last few pages tend to answer most questions, and if it turns out you don't see your question, all of the regular Navy folk tend to frequent it/are super helpful.
And, the usefulness of the Platinum extends beyond BTs. It's a low APR card (lowest 5.99% currently) which is great to have on hand for unplanned large expenses that one may wish to pay off over several months instead of immediately in full.
@krmurrayjr10 wrote:In May 2019, I applied for the NFCU Amex card and was approved with a SL of $20k. A few months later, I PC'd it to the Flagship Rewards VISA.
A year has passed since the account was opened and I'm looking for some guidance. Based on what I've read here, I assume I'm long overdue for a CLI, which I could request to, say, $25k and it would be a soft pull?
Navy's site also shows me as being prequalified for all their cards, so I assume an app for a 2nd card would likely result in approval? Can I apply for a 2nd Flagship Rewards VISA? What is a typical SL on a 2nd card if I already have a $20k limit on another one?
For what it's worth, the only other Navy products I have are a checking account and savings account with minimal use. There have been no blemishes on my credit over the past year (in fact, an old unpaid charge-off that was there last year has now dropped off) and no inquiries or new accounts in more than 6 months.
I wouldnt put alot of stock in their prequal. Getting 20k out of the gate most likely means you are one of those individuals who score back to back 20k plus limits so im assuming you have a high income. If you were approved a FS on your first try odds are you can get it again. Your choice if you want a sub or not, which there is not one right now. You can go for a Plat now or CR then maybe yry the FS as your third card later. Aa for cli, all you need to do is ask
. Id time it after scores update with 3 reports locked to be safe but if they request you unlock, do so if you want the cli.
Simple answer to the question, I think you would be approved for another Flagship with probably a good CL (hard to guess exactly, but I'd expect $15k-$25k range). Caveat, I do not know if NFCU specifically blocks you from having two of the same type card, but I am guessing not.
More complex answer: why do you want two Flagships? I could see it if the SUB was available, but, it's not. If it's intended mainly as a way to have additional Flagship total credit limit available, why not just request a credit limit increase? There is no reason to limit your request to another $5k. NFCU will give up to $80k across all of your cards.
