NFCU

[MissLiz]

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@pizzadude wrote:

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@noonway wrote:

@pizzadude if you don't mind me asking which cards did you go with and what were your initial CLs?

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I applied for the Platinum card first, then later ( maybe 6 mo or 1 year ) the nRewards card.  

Both initial CLs were in the neighborhood of $8-$10K which was much higher than any other card I had open at the time. 

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I think you mean the cashRewards or moreRewards? The nRewards is the secured card. 

[noonway]

I was looking at both the Platinum card and the cash rewards card. Thanks for the tips, I'll target getting them in that order over the next year and report back how it goes.

[pizzadude]

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@MissLiz wrote:

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@pizzadude wrote:

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@noonway wrote:

@pizzadude if you don't mind me asking which cards did you go with and what were your initial CLs?

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I applied for the Platinum card first, then later ( maybe 6 mo or 1 year ) the nRewards card.  

Both initial CLs were in the neighborhood of $8-$10K which was much higher than any other card I had open at the time. 

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I think you mean the cashRewards or moreRewards? The nRewards is the secured card. 

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Yes, thanks !  It's the Go Rewards card

[AndySoCal]

@noonway Out of curiosity, if the NFCU option was not available for you which credit union(s) might you have chosen?

[noonway]

While I have a couple of local (KY) ones I was looking at, I didn't like any of the rates they offered.  So before NFCU became an option I had narrowed it down to two national ones I was going to reach out to:

PenFed

Unify

[AndySoCal]

@noonway  Thank you for response. I would suggest Lafayette Federal Credit Union.  I am a member with 3 CD's and  two savings accounts. There interest rates is better than many      credit unions.  The early withdrawal penalty can be higher the some credit unions is a down side.  Lafayette is MD DC area but will take consumers from any where in the US.  I have been with them 3 to 4 years.  lfcu.org. Hope this helps

[keekers]

Navy is big on relationship so the more products you have, the better. The easiest is direct deposit and the SSL (even if you don't need one). If you can muster up $1500 to keep in checking then consider the Flagship Checking; I would argue that's more "important" than a savings balance. I keep like $5 in my savings account with them. These should all raise your internal score.  All that said, how much do any of those things matter with regard to credit cards and SL's?  I'm not certain, I can only speak for my own experience. In addition to the above I also had a CD when I applied for both of my Navy cards and each started with $25K CLs.  Incidentally I was just approved for an auto loan at 5.79% (the lowest rate advertised is 4.79% for the term I requested).

[Tdatb64]

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@noonway wrote:
@Tdatb64Looks like you and I are in similar boats! And since I just hit full Member today, I thought I would share this neat certificate. My granddad started in Fort Knox in the Armor Division driving tanks. He was moved to the Army Air Force, became an officer, and was shipped to Italy as a Navigator in the 455th Bomb Group. He later retired as an LTC.

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Mine was in the Pacific Theater and also retired as a Lt. Col. Wow...

[JSUB]

I just joined 3 weeks ago. My sister is a veteran and gave me her Access ID for members. I opened a savings account with $100 and a free checking account with biweekly DD of $150. Two weeks ago I applied for their CashRewards card and was a approved for 20K. I'd suggest reaching out to a family member who's a veteran as your way in. 

[noonway]

It's official, I am now a Navy Federal Credit Union member!

I joined NFCU today after a few of my scores went up. I didn't need to wait. I called the customer service line and the gentleman who answered the phone helped me become a member in about 20 minutes. I started with the $5 share (added another $5 for good measure) and then opened an Easy Checking account where I will deposit $500 per month into it to get the higher interest rate. In 6-7 months when all my baddies fall off I will be refinancing auto loans and opening a new cash rewards CC with them.

They never asked me for my proof, but I have it as you all saw here.