What's the easiest Navy Federal credit card to get?

The Navy Federal credit card approval requirements include a credit score of at least 700, in most cases; this is considered “good” credit. Other Navy Federal credit cards require a credit score of 750, i.e. excellent credit. Ultimately, Navy Federal also offers options for people with bad credit. You also have to be an NFCU member to apply for one of their credit cards.... read full answer

Perhaps most importantly, Navy Federal will also verify your credit history and ability to pay. Your credit score, income, debt level and other factors will help determine if you’re approved. This information will also play a role in setting your interest rate and credit limit.

Navy Federal Credit Card Credit Score Requirements

• Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card: 750 (Excellent credit).
• Navy Federal Credit Union cashRewards Credit Card: 700 (Good credit).
• Navy Federal Credit Union GO REWARDS® Credit Card: 700 (Good credit).
• Navy Federal Credit Union Platinum Credit Card: 700 (Good credit).
• Navy Federal Credit Union More Rewards American Express® Credit Card: 700 (Good credit).
• Navy Federal Credit Union nRewards® Secured Credit Card: 300 (Bad credit).

What Makes You Eligible for NFCU Membership

To apply for a Navy Federal Credit Union credit card, you also have to be an NFCU member. To be eligible for NFCU membership, you or one of your family members must have ties to the armed forces, National Guard or Department of Defense. This includes active-duty personnel, officer candidates, reservists and veterans. If none of these apply, call (888) 842-6328 or visit a local Navy Federal branch for assistance.

Information Required for Navy Federal Credit Card Applications

There is a lot of information required on NFCU credit card applications. You will have to provide your name, address and birthdate, for starters. The address must be a physical U.S. location and not a P.O. Box. You also need to list either your Social Security Number (SSN) or Individual Tax Identification Number (ITIN). Applicants must be U.S. citizens and at least 18 years old to be eligible. If you’re under 21, you need proof of an independent income sufficient enough to make payments.

All applicants must include their employment status, monthly rent or mortgage payment, and annual income. You don’t need a full-time job to qualify for a card, but you will need to report the sources of any income. This could be part-time salary or wages, rental income, retirement benefits, interest and/or dividend income, and more.

The easiest way you can get a Navy Federal credit limit increase is through your online account. Alternatively, you can request a credit limit increase either by sending a secure message or by calling customer service at (888) 842-6328.

You need to wait for at least 3 months after opening your account before asking to get a ... read full answerNavy Federal credit limit increase. You should also wait a minimum of 3 months in between future credit limit increase requests.

How to Get a Navy Federal Credit Limit Increase

• Online: To request a Navy Federal credit limit increase by logging in to your online account.
• Via secure message: You can also get a credit limit increase by sending a secure message through online banking.
• Over the phone: Call customer service at (888) 842-6328.

Be prepared to provide your employment status, annual income and the amount of your monthly rent or mortgage payment.

If you request a credit limit increase, you will be asked to give Navy Federal permission to do a hard pull of your credit report. This lets them assess your creditworthiness. The hard pull will cause your credit score to dip a few points. But your score should rebound quickly if you continue to use your card responsibly.

Navy Federal Automatic Credit Limit Increase

Navy Federal may also extend you an automatic credit limit increase – as often as once every six months but probably not so frequently. The evaluation for an automatic increase uses a soft credit pull, which does not affect your credit score. While Navy Federal will periodically review your account, there’s no guarantee they will give you an automatic increase. You can help your chances by always paying on time and keeping your credit utilization below 30%.

There is no minimum credit score needed to get a credit card. Some credit card companies don’t even check applicants’ credit history, so it’s certainly possible to get a credit card even if you have a very low credit score or no credit score at all.

But there is a difference between getting approved for a credit card in general and getting one of the better offers.... read full answer

The credit score needed for credit card approval ultimately depends on which specific card you want to get. Most of the time, credit card companies have a credit score tier they’re looking for, and applicants will need a score in the required tier (or higher) for a good chance of approval. The tiers are bad, fair, good and excellent.

The thing is, credit cards require scores that are a bit higher than the traditional minimum for each tier in the overall credit score range, according to WalletHub’s research. So for each credit tier, you can see a “traditional” score range and a “WalletHub recommended” score range below.

Here is the credit score needed for a credit card at each level:

One way to estimate your credit card approval odds is to check for pre-approval. Many major issuers will allow you to check for free. It won’t hurt your credit score. And you’ll get a pretty good idea of your chances. Plus, if you’re not sure what your score is yet, you can check your latest credit score for free on WalletHub. You’ll also get personalized credit card recommendations with high approval odds.

Just remember that having a qualifying credit score does not guarantee credit card approval. The credit card application process takes many other factors into account. Payment history, existing debt and income play big roles, too.