This is way more than I had to do. I open my checking and savings account in October 2021 and immediately proceeded to open up three CDs for $50 each. My direct deposit was going in there biweekly for 90 days and was approved for the 25,000 go rewards card December 31, 2021. I open up at $8000 pledge loan in January 2022 and I’m planning on getting the flagship rewards card in June 2022. I have at least 6k being deposited in my account monthly. Deposits matter.
@John E Good to know I'm wanting to get that high limit card as well, I need to start utilizing them like most success stories I've been hearing...thanks for sharing!!
Here are my real data points. Been with NFCU since 2008. Didnt take them seriously. 2020 hit I started Checking and savings direct deposit weeky,after 6months got cash rewards then under 90 days the go rewards. Then 2022 did pledge loan of 250. Then went for the Flageship got 25k. Hope this help my friend. Great channel keep doing what you are doing.
I joined navy fed in Nov 21, only put $5 in my savings and about $1000 in checking. Never set up direct deposit. Feb 22 I applied for Amex w/ them and was approved for the $25,000 ( no late night hack)
As long as you have: 1. Direct deposit 2. Checking/savings 3. CD's (2) $200 4. Pledge loans (2) $250 5. Secured credit card ($500) You'll be approved for any credit card in a 6 month period. Be patient people
I currently have a 11.4 cashRewards and plan to do a product change to moreRewards when I get to 20k. I’ve had my account for 7 years and didn’t really know about all of these products, back doors, and CLI until last August. So I recently switched my Everyday Checking to Flagship Checking, I’m opening a Savefirst and EasyStart certificate, and will be doing a pledge loan soon. I’m due to request a CLI in May, last time they only gave me a 6k increase so hopefully this time I get the full 8k.
After watching all these videos here’s my experience.. Week one: Opened my nfcu account..savings and checking. Opened $50 safe first and $50 east start and direct deposit Week two: opened $250 pledge loan applied for more rewards Amex. Approved for 25k. Did not receive internal score. When I reached out for an explanation this is what was given: Please be advised that internal scores are only provided in the event that those scores are generated and used to determine the outcome of a credit application. If an internal score was not provided as part of your credit approval or denial letter, no score was generated and was not a factor in determining approval or denial of credit. We hope this addresses any concerns. If you have further questions, please let us know.
Then there's someone like me. I got my first card with Navy Federal $1,000 more Rewards with the $5 in the account when I signed up. 18 months later I have three credit cards with them $80,000 total credit limit all three of them at the lowest interest rate offered. And I don't use the banking part of Navy Federal at all. I have a checking and savings $0 in the checking account. $10 in the savings account set up to autopay my pledge loan. I did two pledge loans one for $250 to see how it worked and the second one I did for 2001 for 3 years. I paid $1,641 off on the second leaving me 36 payments of $10 a month for the next 3 years. I also took out a personal loan with collateral on a side-by-side UTV for $21,000 with a 9% interest rate the lowest they offered on that loan at the time was 7.99. Again I don't use Navy Federal checking or savings account for anything other than to pay off my pledge loan. My score was around 680 at the time I signed up it's about 750 right now. I've only been on my credit Journey a little over 3 years.
That is exceptional given your credit score. No way u would get close to that with Bank of America, Chase or most of the other major banks. They are stingy AF when it comes to credit card lines. Credit Unions are the way to go!!
I work for this company, and we need to address some inaccuracies with your video. The internal score matters if your credit worthiness is in question. The Flagship checking is free if you meet a $1500 daily balance otherwise there's a monthly service. The Visa Flagship credit card has a max limit of $80k with a $49 annual fee. The money market savings is a free account that requires a balance of $2500 or more to start gaining higher interest. The idea of the internal score is to justify lending based on how invested a member is within the financial institution using products and services. There is no hack because all of this takes time. You can do all of these things but get denied for lending if the credit report shows enough red flags. Stop looking for the easy way out and just do the proper work to establish good credit history and credit snapshot. Trust me when I sag that we see through all of that and will make the responsible decision of not lending. Do the right things and we will DEFINITELY lend.
Got it our channel is misinfo... So to clarify you're saying direct deposits, savings accounts, money market accounts, pledge loans etc have 0 influence on getting credit products with NFCU?
@Wallet Monkey The internal and relationship building does matter to a certain degree. Where it really gets pushed to the forefront is when the credit report has red flags and needs further convincing for lending. Not everything about your content in misinformation. I enjoy the content especially the education piece.
@@JLamont_3PM Ya that make sense, thanks for clarity, I think if you have a solid credit profile those things would do very little. I think we have a few case study videos where they went in cold and did none of the other accounts and still got good limits
When I joined a couple months ago, I applied for the More Rewards Card on my 2nd day of membership. Got a 25k limit. I didn't have anything in my checking account and the $5 in my savings hadn't cleared yet. When I got my approval letter, my internal score was 249. I didn't apply at night either.
@@TraderDT lol, when I applied I already had about 12 cards with major banks and one with Penfed and. My score has never been over 770. It stays between 750 and 770 because I'm always applying for cards.
@@SledgeIncTeam Thanks for the reply bro! If u don't mind sharing, what PenFed card did u get & for how much? I was approved for their Visa Gold for $12.5K the day after I was approved for my $25K Navy Fed Cash Reward card. PenFed is my 2nd fav credit union :)
@@TraderDT I got the Power Cash Rewards card. 11k CL. Honestly, I use it way more then I do the Navy Fed More Rewards card. It's the card I use along with my FNBO Evergreen as my 2% cash back card for when I don't have a card for a certain category. I don't use cash or debit for anything so each credit that I have has a purpose, so I can either travel for free or damn near for free
I joined in 2015. I have a checking and saving. Ingot a secured card 1500 limit. I have had the card for 6 years it never converted to a regular card. They just approved me for an 9500 anex card and 2500 line of credit. I called to get my secured card converted but they said they can't manually do that the system has to. I don't understand how I get a 9500 card but they can't convert my secured card.
It appears like you waited too long and the only reason you didnt' get more credit on the new cards is probably not enough transactional history with them. Take notes of your dates for CLIs etc and stay on top of this now- you will start to get some nice limits! Remember the max is $80k across 3 cards so you got lots of room to grow with them! Also keep bugging them on the secured card to get that converted to cash rewards
@@WalletMonkeys so I should wait how long to.ask for a CLI ? Can I also ask for increase on line of credit at the same time? Is 3 months to early or should I wait 6?
The debate on CLI or new card is pretty massive, at first we all thought it was CLI first then new card, but it seems either way works. I have a full guide video on NFCU on this channel, watch that- not much has changed on that.
Love this comment…this is why I tell people to avoid secure card unless absolutely necessary. But the only one I recommend is Discover. It’s better to wait & build or go for their Platinum card.
No the internal score that you see us talking about is for personal only, now I have no idea if they have a tracking metric on the business end and just don't talk about it
What if you already have installment loan(s)? Does doing a pledge loan help that much? I've heard its mostly for people with no loans on their credit reports.
Its hard to say because its another transaction/data point with NFCU so it benefits but to what degree I don't know. For example we did many case studies on the channel that already had a mortgage or loan and those products still seemed to help. Its not just the pledge loan, its the savings accounts, money market accounts etc. Its all of it.
It honestly might not of, we have no idea actually where the boundaries are, we are all just currently experimenting with different tools/pieces they give and reporting/sharing in the discord.
@@WalletMonkeys Do u know what his Internal Score was after he was approved for the AMEX card? The phone reps won't reveal that info. I learned mine after I messaged them via the portal.
I opened mine account the same day I applied for cash rewards and got 7100 cash rewards 2 months later the increased my cash rewards to 10 k then applied for flagship got 10k off rip
@@gogurletc8170 ....But that's irrelevant because the SAME computer algorithm that determines whether you're eligible at 3pm is the exact same computer algorithm that determines if your eligible at 3am. I wish people would use some common sense.
I don't think he's 'endorsing' the late night hack. The guy just applied late nite - just in case there might be some benefit to the late night hack. Nothing to lose by trying it.
Hi very interested in data points # 296 NFCU internal score membership since feb 28 th 2022 ck& savings certificate deposit 1k saver account certificate saver pledge loan $500 also 1k n rewards applied for unsecured credit card gorewards 6k NFCU puts weight on how long you been membership right? Thanks!
This is way more than I had to do. I open my checking and savings account in October 2021 and immediately proceeded to open up three CDs for $50 each. My direct deposit was going in there biweekly for 90 days and was approved for the 25,000 go rewards card December 31, 2021. I open up at $8000 pledge loan in January 2022 and I’m planning on getting the flagship rewards card in June 2022. I have at least 6k being deposited in my account monthly. Deposits matter.
Hey John- thanks for sharing!
@John E
Good to know I'm wanting to get that high limit card as well, I need to start utilizing them like most success stories I've been hearing...thanks for sharing!!
True...its the money trail!!
Did you start with excellent (780+) credit?
@@danshaw6605 no, my credit was low 700's
Here are my real data points. Been with NFCU since 2008. Didnt take them seriously. 2020 hit I started Checking and savings direct deposit weeky,after 6months got cash rewards then under 90 days the go rewards. Then 2022 did pledge loan of 250. Then went for the Flageship got 25k. Hope this help my friend. Great channel keep doing what you are doing.
Thanks for watching and thanks for sharing your data points! Congrats on the Flagship card!
Dang you’ve had access since 2008 but only got serious in 2020….
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
I joined navy fed in Nov 21, only put $5 in my savings and about $1000 in checking. Never set up direct deposit. Feb 22 I applied for Amex w/ them and was approved for the $25,000 ( no late night hack)
That is the wild variation in this, thanks for sharing!
@@CheekyBird790 I agree
Congratulations! I love it, I got approved for Amex at 2100 patiently waiting for that 25k increase.
Dayumm! That was too easy...lol. If u don't mind sharing, what was your FICO Score and Internal Score with Navy Fed?
@@TraderDT I'm wondering the same thing!
As long as you have:
1. Direct deposit
2. Checking/savings
3. CD's (2) $200
4. Pledge loans (2) $250
5. Secured credit card ($500)
You'll be approved for any credit card in a 6 month period. Be patient people
I'm doing that now
Appreciate the data and the time line that resulted in Fico score gain and the Amex approval, building that financial foundation is clearly the 🔑 key.
I currently have a 11.4 cashRewards and plan to do a product change to moreRewards when I get to 20k. I’ve had my account for 7 years and didn’t really know about all of these products, back doors, and CLI until last August. So I recently switched my Everyday Checking to Flagship Checking, I’m opening a Savefirst and EasyStart certificate, and will be doing a pledge loan soon.
I’m due to request a CLI in May, last time they only gave me a 6k increase so hopefully this time I get the full 8k.
After watching all these videos here’s my experience..
Week one: Opened my nfcu account..savings and checking. Opened $50 safe first and $50 east start and direct deposit
Week two: opened $250 pledge loan applied for more rewards Amex. Approved for 25k. Did not receive internal score. When I reached out for an explanation this is what was given:
Please be advised that internal scores are only provided in the event that those scores are generated and used to determine the outcome of a credit application. If an internal score was not provided as part of your credit approval or denial letter, no score was generated and was not a factor in determining approval or denial of credit. We hope this addresses any concerns. If you have further questions, please let us know.
Great datapoints- thanks for sharing!
@@WalletMonkeys I’m sorry, I forgot..week two I also upgraded to flagship checking
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
Then there's someone like me. I got my first card with Navy Federal $1,000 more Rewards with the $5 in the account when I signed up. 18 months later I have three credit cards with them $80,000 total credit limit all three of them at the lowest interest rate offered. And I don't use the banking part of Navy Federal at all. I have a checking and savings $0 in the checking account. $10 in the savings account set up to autopay my pledge loan. I did two pledge loans one for $250 to see how it worked and the second one I did for 2001 for 3 years. I paid $1,641 off on the second leaving me 36 payments of $10 a month for the next 3 years. I also took out a personal loan with collateral on a side-by-side UTV for $21,000 with a 9% interest rate the lowest they offered on that loan at the time was 7.99. Again I don't use Navy Federal checking or savings account for anything other than to pay off my pledge loan. My score was around 680 at the time I signed up it's about 750 right now. I've only been on my credit Journey a little over 3 years.
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
Have you used velocity banking in your credit journey?
@@DrFinancialLiteracydon't need it
So I have a 589 credit score and got the flagship card $6100
I love hearing stories like this, that is insanely cool!
That is exceptional given your credit score. No way u would get close to that with Bank of America, Chase or most of the other major banks. They are stingy AF when it comes to credit card lines. Credit Unions are the way to go!!
That's great! Were you new to NFCU? If you were established, did you have any other lines of business?
@@TraderDT
Very true not even Capital One…
Excellent job! Subscribing!
Thanks for watching and subscribing!
That’s a real hustle there, amazing results!
I work for this company, and we need to address some inaccuracies with your video. The internal score matters if your credit worthiness is in question. The Flagship checking is free if you meet a $1500 daily balance otherwise there's a monthly service. The Visa Flagship credit card has a max limit of $80k with a $49 annual fee. The money market savings is a free account that requires a balance of $2500 or more to start gaining higher interest. The idea of the internal score is to justify lending based on how invested a member is within the financial institution using products and services. There is no hack because all of this takes time. You can do all of these things but get denied for lending if the credit report shows enough red flags. Stop looking for the easy way out and just do the proper work to establish good credit history and credit snapshot. Trust me when I sag that we see through all of that and will make the responsible decision of not lending. Do the right things and we will DEFINITELY lend.
Got it our channel is misinfo... So to clarify you're saying direct deposits, savings accounts, money market accounts, pledge loans etc have 0 influence on getting credit products with NFCU?
@Wallet Monkey The internal and relationship building does matter to a certain degree. Where it really gets pushed to the forefront is when the credit report has red flags and needs further convincing for lending. Not everything about your content in misinformation. I enjoy the content especially the education piece.
@@JLamont_3PM Ya that make sense, thanks for clarity, I think if you have a solid credit profile those things would do very little. I think we have a few case study videos where they went in cold and did none of the other accounts and still got good limits
Great video Fam thanks again it’s about the hustle to get the results.
Good Educational Content
Need to see some data on auto loan/ trade in
Good video but not need I got a flagship with 580 c.s using late nite hack
Oh and my internal score was283
I’m 2 months in I have check/savings CC/ and save first
When I joined a couple months ago, I applied for the More Rewards Card on my 2nd day of membership. Got a 25k limit. I didn't have anything in my checking account and the $5 in my savings hadn't cleared yet. When I got my approval letter, my internal score was 249. I didn't apply at night either.
Congratulations!
@D M SLedge - that sounds toooo good to be true - lol. Congrats bro!
@@TraderDT lol, when I applied I already had about 12 cards with major banks and one with Penfed and. My score has never been over 770. It stays between 750 and 770 because I'm always applying for cards.
@@SledgeIncTeam Thanks for the reply bro! If u don't mind sharing, what PenFed card did u get & for how much? I was approved for their Visa Gold for $12.5K the day after I was approved for my $25K Navy Fed Cash Reward card. PenFed is my 2nd fav credit union :)
@@TraderDT I got the Power Cash Rewards card. 11k CL. Honestly, I use it way more then I do the Navy Fed More Rewards card. It's the card I use along with my FNBO Evergreen as my 2% cash back card for when I don't have a card for a certain category. I don't use cash or debit for anything so each credit that I have has a purpose, so I can either travel for free or damn near for free
What is that beeping sound
I joined in 2015. I have a checking and saving. Ingot a secured card 1500 limit. I have had the card for 6 years it never converted to a regular card. They just approved me for an 9500 anex card and 2500 line of credit. I called to get my secured card converted but they said they can't manually do that the system has to. I don't understand how I get a 9500 card but they can't convert my secured card.
It appears like you waited too long and the only reason you didnt' get more credit on the new cards is probably not enough transactional history with them. Take notes of your dates for CLIs etc and stay on top of this now- you will start to get some nice limits! Remember the max is $80k across 3 cards so you got lots of room to grow with them! Also keep bugging them on the secured card to get that converted to cash rewards
@@WalletMonkeys so I should wait how long to.ask for a CLI ? Can I also ask for increase on line of credit at the same time? Is 3 months to early or should I wait 6?
The debate on CLI or new card is pretty massive, at first we all thought it was CLI first then new card, but it seems either way works. I have a full guide video on NFCU on this channel, watch that- not much has changed on that.
Love this comment…this is why I tell people to avoid secure card unless absolutely necessary. But the only one I recommend is Discover.
It’s better to wait & build or go for their Platinum card.
My credit is good. Do I still need to do the pledge loan hack?
I am not sure how you define good, but I would say these strategies work better for lower scores, thin files and lower stated income.
Does anyone know if business accounts with NFCU help with internal score for example the business premier checking account?
No the internal score that you see us talking about is for personal only, now I have no idea if they have a tracking metric on the business end and just don't talk about it
I applied for a 10k car loan and was denied
Give us more datapoints we can help or join the discord and lets desect
Forgot to ask - what was his Internal Score when he got his AMEX card?
Can't remember off the top of my head but it was at or over 300 by that point
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
What if you already have installment loan(s)? Does doing a pledge loan help that much? I've heard its mostly for people with no loans on their credit reports.
Its hard to say because its another transaction/data point with NFCU so it benefits but to what degree I don't know. For example we did many case studies on the channel that already had a mortgage or loan and those products still seemed to help. Its not just the pledge loan, its the savings accounts, money market accounts etc. Its all of it.
Internal score is real but it didn’t make much of a difference in this case.
It honestly might not of, we have no idea actually where the boundaries are, we are all just currently experimenting with different tools/pieces they give and reporting/sharing in the discord.
@@WalletMonkeys Do u know what his Internal Score was after he was approved for the AMEX card? The phone reps won't reveal that info. I learned mine after I messaged them via the portal.
@@TraderDT what did you ask and did you have to apply for something before they gave you that info?
Wish we knew how many accounts they already had before doing all this.
I believe he said 33 accounts with an amount of over 100K credit in total....
I think he said in the video , he had over 30 accounts with average age around 3 years.
@@gogurletc8170 Geez, 100k? I'm at 21,000 total in 1 year 6 months.
That would have been awesome!
The pledge loan you took out was for 1k what term you had paying it back.
Most people pay down 90% or more immediately they set like $1 auto pays monthly for 12-18 months
I opened mine account the same day I applied for cash rewards and got 7100 cash rewards 2 months later the increased my cash rewards to 10 k then applied for flagship got 10k off rip
BANG! Congrats!
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
hi, how do you check your internal score?
Message them in portal, or it could be on the back of your most recent CLI denial letter
@@WalletMonkeys lol. Why it gotta be a denial letter? It's on approval letters.
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
Please stop perpetuating the lie of some supposed "late night hack." There is no such thing.
Lol actually others swear by it ,saying there's no underwriter in the office 11p.m to 5a.m ..check Y.T channel Radical Marketer out!!!
@@gogurletc8170 ....But that's irrelevant because the SAME computer algorithm that determines whether you're eligible at 3pm is the exact same computer algorithm that determines if your eligible at 3am. I wish people would use some common sense.
I don't think he's 'endorsing' the late night hack. The guy just applied late nite - just in case there might be some benefit to the late night hack. Nothing to lose by trying it.
Why case study when you score is in such a small demographic.
Should be someone in the 600s. More common
Great point, he just recently bumped up into 700 club, had baddies and was mid-600s Q4 of last year still I believe
Hi very interested in data points # 296 NFCU internal score membership since feb 28 th 2022 ck& savings certificate deposit 1k saver account certificate saver pledge loan $500 also 1k n rewards applied for unsecured credit card gorewards 6k NFCU puts weight on how long you been membership right? Thanks!
have you tried doing the FEMA AFFILLATED PLATFORM cash hack i did cash hack just a couple of days ago and i got paid $20,000 in just a few hours
It’s the Amex more rewards not go rewards. Come on man , better research
Sorry sir, will be better!
P