WHEN TO APPLY FOR 2ND NFCU CC??

[i_need_credit]

What's going on everyone!

Been reading these forums like crazy lately since I've been on my rebuild journey and have been inspired by the rebuild stories and the success of NFCU members. On top of that, have gained a ton of credit knowledge. I wanted to get some input from the NFCU thread heads as to when to app for my 2nd card. 91/3 or 6 months?

Here's some DP's.

Fico Scores when starting with NFCU

TU 547, EX 560, EQ 575

Fico Scores as of last report

TU 665, EX 695, EQ 686

Income 93k

DTI around 5%

Inquiries Last 6 months- TU:5 (4 from car dealership in the same day from shopping) EQ:2 (Same car dealership)

Current CC: Nrewards $200 (2% Uti), Discover it $200 (0% Uti will let a small balance report next cycle), USAA Rate Advantage $11,2300 (AU 7% Uti)

Baddies: Setlled Charge-Off with multiple late's (Bloomingdale's), 1 late car payment 3 yrs ago (Carmax bought the car and didnt follow policy. Tried to dispute multiple times), Affirm reporting 2 collection months on 12 month loan term *EX Only* (2 collection months are 5 months AFTER account was paid in full and on time with agreement. Tried to dispute multiple times)

Joined NFCU in February, transfered funds from chase and made it my main bank. As of now I set up DD with 4500-5k a month, 17k in Flagship Checking, 15k in MMS, 1K in Special Easystart Cert Opened in Feb, Opened $500 6 month Pledge Loan(tested the waters) in Feb, Opened $5k 61 month Pledge Loan in March(after testing the waters lol), and $200 Nrewards Secured opened in Feb(3rd statement is on the 20th)

My scores have drastically changed since starting my journey with Nfcu and was wondering if it would be a good idea to go for the 2nd card a little after 91/3. Loving Navy right now as they've helped me a ton on this journey so far and the customer service is on point. Let me know what you guys think!

[ptatohed]

GOOD LUCK!!

[i_need_credit]

Thanks!

[JoeRockhead]

You can apply for an additional card after 90 days has passed from the approval of the last card with NFCU.  Not saying you don't have a shot at an approval, but being I usually recommend a more conservative approach to adding accounts, I'd wait for the 6 month mark to build more positive history and some higher scores.

Best of luck with whatever you decide to do.

[i_need_credit]

---

@JoeRockhead wrote:

You can apply for an additional card after 90 days has passed from the approval of the last card with NFCU.  Not saying you don't have a shot at an approval, but being I usually recommend a more conservative approach to adding accounts, I'd wait for the 6 month mark to build more positive history and some higher scores.

Best of luck with whatever you decide to do.

---

Im so tempted to app after my third statement lol. Thank you, I appreciate the advice! 

[ptatohed]

---

@i_need_credit wrote:

Thanks!

---

I was being a little facetious, implying that you didn't exactly  need all caps and two question marks in your thread title. 

But, seriously, best of luck!     

[i_need_credit]

haha my bad. Just thought it would help the post get seen by the navy heads lol. Thanks again!!

---

@ptatohed wrote:

---

@i_need_credit wrote:

Thanks!

---

I was being a little facetious, implying that you didn't exactly  need all caps and two question marks in your thread title. 

But, seriously, best of luck!     

---

[LivingTheAmericanDream]

Looks like you're doing all the things NFCU likes but give it a bit more time. If NFCU likes what they see in your credit file, they most likely will offer you a pre-approval. Have you joined PenFed or USAA? Both offer lots of great services.

Pre-Qual Credit Card Sites. Allows you to 'test the waters' to find out where you are at in your credit journey:
- Patelco Credit Union: https://www.patelco.org/s2s/creditcard
- Gesa Credit Union: https://apply.gesa.com/
- NASA Federal Credit Union: https://applycs.nasafcu.com/
- Dover CU: https://apply.doverfcu.com/product/
- Navy Federal Credit Union (NFCU): https://www.navyfederal.org/loans-cards/credit-cards.html
- American Express (AmEx): https://www.americanexpress.com/us/credit-cards/
- BofA: https://secure.bankofamerica.com/secure-offers/public/customizedOffers/
- USALLIANCE Financial: https://www.usalliance.org/pre-qualification
- KeyPoint Credit Union: https://kpcu.com/Loans/Credit-Cards
- Regions Bank: https://apply.regions.com/creditcards/
- FNBO: https://www.fnbo.com/personal-banking/credit-cards/
- Apple Card: https://card.apple.com/apply/start
- Discover: https://www.discovercard.com/application/preapproval/initial
- CapitalOne Platinum: https://www.capitalone.com/credit-cards/preapprove/
- Synchrony: https://www.synchrony.com/financing/credit-cards
- TD Bank: https://www.td.com/us/en/personal-banking/credit-cards (not for California residents)

[KatzNDawgs]

Since you have a secured card with them currently, I would personally wait until after it graduates.

[i_need_credit]

---

@LivingTheAmericanDream wrote:

Looks like you're doing all the things NFCU likes but give it a bit more time. If NFCU likes what they see in your credit file, they most likely will offer you a pre-approval. Have you joined PenFed or USAA? Both offer lots of great services.

Pre-Qual Credit Card Sites. Allows you to 'test the waters' to find out where you are at in your credit journey:
- Patelco Credit Union: https://www.patelco.org/s2s/creditcard
- Gesa Credit Union: https://apply.gesa.com/
- NASA Federal Credit Union: https://applycs.nasafcu.com/
- Dover CU: https://apply.doverfcu.com/product/
- Navy Federal Credit Union (NFCU): https://www.navyfederal.org/loans-cards/credit-cards.html
- American Express (AmEx): https://www.americanexpress.com/us/credit-cards/
- BofA: https://secure.bankofamerica.com/secure-offers/public/customizedOffers/
- USALLIANCE Financial: https://www.usalliance.org/pre-qualification
- KeyPoint Credit Union: https://kpcu.com/Loans/Credit-Cards
- Regions Bank: https://apply.regions.com/creditcards/
- FNBO: https://www.fnbo.com/personal-banking/credit-cards/
- Apple Card: https://card.apple.com/apply/start
- Discover: https://www.discovercard.com/application/preapproval/initial
- CapitalOne Platinum: https://www.capitalone.com/credit-cards/preapprove/
- Synchrony: https://www.synchrony.com/financing/credit-cards
- TD Bank: https://www.td.com/us/en/personal-banking/credit-cards (not for California residents)

---

I've been a member of USAA for about 12 years and got a bank account with them earlier this year around the same time as I joined navy. Don't have PenFed though. Appreciate your advice!