25,000 navy federal amex card secrets for good or bad credit

hey everyone i hope you guys are doing well i wanted to bring you a article on a strategy that you can implore for you to get a 25 000 american express credit card from navy federal and i'm going to break this down to two strategies for good or bad credit so if you new to my content please if you are interested on learning how to improve your credit wherever you are in your credit journey good or bad if you want to learn how to leverage credit lines to make passive income this is the channel for you so consider to subscribe to the channel and also give this video a thumbs up and help with the algorithm i have to continue to say this if you have somebody in the comments that is replying back to you with my picture as me and they're sending you an email a cash app um correspondence on where you can pay me or what they claim to be me or if they're tell sending you a whatsapp number to contact them that is not me there are tons of scammers going around doing that to different content creators so please do not pay anybody via cash app okay especially if they're saying that they me they're me i do not do business via cash abseil any of those means so if you got questions for me directly go to my website the link will be in the description of this video and pin to the comments and you can send me your questions private questions and i can reply to you because the questions go to my cell phone so i gotta continue to say that be careful okay you guys now let's jump into the content i have wrote down some notes so i can stay on point with giving you these strategies on how to get this 25 000 american express card from navy federal now one thing you want to do um there's going to be two versions now for um people who currently have an account and those who don't have an account so i'm going to break that down for you for those with good credit who already have an account and those who don't have an account and same thing with the bad credit because it's going to be different strategies depending on where you're starting now you need to know some prerequisites so navy federal is one of the largest credit unions in the united states you need to be connected most of the time to the military or a contractor for the military but there are other back doorways if you want to become a member i have a article to show you different backdoor ways where you can become a member to navy federal so check out that link in the description so if you don't have a navy federal account or a membership you can acquire one here's some general rules you guys whenever you're applying for uh a credit card now with navy federal they even have an internal credit score so for you to get your best results follow these general rules no matter good or bad credit before you apply for a card or apply for a increase as we break these down you want to make sure that your hard inquiries is under or at or under seven heart inquiries navy federal pull through transunion so they also use a fico 9 score fico 9 is a score that does not factor in medical collections okay they don't but if you have consumer collections on your reporting on your credit report that's collections not coming from a medical bill that will be counted against you so you want to maybe handle those try to get those removed before applying for an increase or a new card okay so we do have a free heart uh a hard inquiry removal package at my website you can download that and get that for free another prerequisite whenever you're applying for credit cards make sure your utilization is low on your credit cards okay if your utilization is above a 30 utilization on any of your cards for your best results and this is basically whenever you're applying for a credit card you really optimally want that utilization between one to ten percent the average in the nation of utilization is seven percent so you don't want to be denied or be given a limited credit amount or even if they give you a card limited because of your utilization so if you have cards that's maxed out you definitely want to handle that before applying so make sure you take care of that before applying for credit okay now even if going back to the collections if you got collection issues we do have at our website a collection removal uh letter that you can send out and handle your collections but make sure that if you have collections that are especially consumer collections you want to deal with that and charge offs any recent charge offs any other items that you might had that hit your credit report recently especially within a 90 day window you might want to be on the safe side by waiting a couple months a good six months or so even with missed payments before applying okay so i just want to get those prerequisites out the way to give you guys a better chance to break down how you're going to get a better chance at this card now one thing you need to know if you have good credit when i talk about good credit i'm talking about a 700 credit score in up okay so i'm going to break down some reasons why i'm not talking about a 680 which is the start of good credit but i'm talking about 700 up now if you don't have a new name if you don't have a navy federal credit card and you're going to get a new credit card you want to go and pre-qualify for that credit card you can do so in the app um if you have the app on your phone you there's a way that you go through your own account in order to pre-qualify for that card i have a video showing you how to do that step by step so i'll leave the link in the description and what you want to do is see what card you pre-qualify for now keep in mind that the cash rewards and the gold reward cards are easier to obtain so instead of going for the flagship or the uh american express out the door if you're not quite sure where you you stand and you have other factors even with a 700 plus credit score you might be better off by going with the gold rewards or cash rewards credit cards first so it has the easier approval now for a hack when navy federal it's always best to try to apply for that credit card after i'm going to say to be safe 11 pm so it won't hit that internal review but many times it can if you have your credit score locked you guys i know some people tell you oh you lock your credit score it could cause a denial or it could cause you to go through an internal review which you might not want that you want to try to aim for the automatic approval to see if you can get through the system and without eyes on it at that point okay so you want to get the manual review then once you get that credit card navy federal have a rule a lot of people are telling people to do wait for the 91 days there's a 91-3 rule 91 days three statements but what i have spoke to a navy federal representative and they're saying for an increase you should try to wait six months for a better approval rate a lot of people try to go for that increase immediately after those 91 days but they're saying uh internally they suggest six months okay so once you get that card if you're you newly got that card what you want to do is instead of waiting those six months or 91 days you want to immediately if they give you a credit line immediately go into the app and what you're gonna do is ask them to reconsider okay reconsider your credit line so i have a video that you go in and you're going to look at that and follow those steps so you're going to ask them to reconsider you can do that in the app your line of credit so say if they give you a 9 000 line of credit initially or um say 15 000. initially you go back in and ask them to reconsider could they review manually and i'll let them know i'm traveling i really love the perks on this card could you increase the limit on this credit card so you will ask them to increase the the limit if they don't don't worry what you want to do especially if it's a new account you're going to have to with that new account wait for a year before you can get an increase so they said for new accounts if you never had a credit card you have to wait for a year so there's people that say oh you can do it every 90 you know 91 days that's only if that you have that credit card for a year and better you can get that increase every 91 days so you want to take the opportunity when you apply for that new card since before you can apply for that increase you have to wait a year for that new account you ask for that increase as a reconsideration immediately so you uh don't have to wait for that time frame okay so you do have to wait a year okay don't go applying before and it could cause a hard inquiry pull applying for increase over the phone you want to do it via the app so don't do it before that year if you just getting a card okay so keep that in mind some people are saying you can do it every 91 days for a new account it is not true now what you want to do say if you went with the go rewards card or a lower card because it's a easier doorway at 10 months you can do a product change now with that step you want to call in and you want to ask for a product change over the phone the reason why you want to do that over the phone because they're going to break down some details on the interest rate and the difference between the credit cards okay that you're switching over from so you will be getting the american express from one of the other two cards that i mentioned but keep in mind if some of the rates change they will let you know and they will break down for you is it worth it for you to change over depending on what you want to do but if you want that american express you can call over the phone and they will switch that product for you without causing a hard inquiry pull so you wait around 10 months and then you switch the product and then your next step if it has been you wait a couple of more months for it to hit 12 months so that's about two months and then you can go for another credit line increase so you're gonna ask for that credit line increase the first time you ask for the reconsideration for the increase and this time you are going to ask for an increase but you want to do it in the app so it does not cause and hard inquiry pull if you do it over the phone it will result in a hard pull you want to do it over the app now it all depends on your situation you always want to manage in that time your utilization control your inquiries while you're waiting for that time but what you can do if they don't give you the increase you just got to be careful because your credit score is above 700. now when you're dealing with credit scores above said 700 unlike everybody that's underneath 700 your credit score can be adversely affected by getting a new credit card so in your case it will reduce your overall age of credit because age of credit is 15 of your credit score it's the third biggest factor so if your score is over 700 by you getting the increase instead of going for a new credit card you won't reduce your age of credit now some people might choose they wait outweigh the good and the bad depending if they got denied that increase that increase if you can get it will not reduce your age or credit because that account is already open so it can increase your credit score because it will decrease your utilization without adversely affecting your age or credit but some people and it might not be uh the worst idea if they're looking they just want the open lines of credit they'll take the small reduction in your credit score it could be like up to 10 points a lot of times like three points it can vary depending on your age or credit whether it's worth it for you or not so just keep that in mind now for people like i said with a 700 credit score plus that already have an account you need to review the age of your account that you have now you might already have a go rewards card or cash rewards card depending on the age of that account credit card account if your past 10 months that has been open or past a year i will suggest first you do the product change if you want the american stress card you can do that product change without causing the hard inquiry and like i said before you want to call over the phone to do the product change then what you can do if it's over a year now you can go and apply via the app i have the link for that video in the description and you ask for the increase in your credit line follow the steps that i give you in the video and make sure when you put in that increase for that credit line you let them know hey i really love this card i want to use this card more in the future and ask them for the increase now if they deny you it won't cause a hard inquiry but keep in mind watch locking your score because you could just get a denial from that keep an eye on your transunion credit score because that's what they will be pulling from but make sure that when um that happens sometimes they don't respond if you you might have to give it a couple of days and if they don't respond then you will ask them again okay if they don't respond just keep your eye on your credit score see if anything um you get any inquiries make sure you keep your eye on your credit score okay and if any changes happen and they deny you you could ask them to reconsider if little let's say on your credit score uh inquiry inquiry came in that's really not yours because that happened a lot that might have affected the outcome you might call the bureaus get that taken care of and then ask them to reconsider but you want to do that under the app now for people with bad credit here's going to be your strategy and i'm going to give you the number for navy fed so you guys can all look this information up and call for yourself okay so now with navy federal even like i said going with good credit if you already had an existing account they still if you want to go for another card some people just opt in to go for another card if that account was open they really don't want to give you uh increases or any um any uh inc uh increases in your credit line until at least six months so keep that in mind a lot of people say um at the 91 day three rule but that is not true you call them and i'll call give you the number i'll put the link in the description it is 1-888-842-6382 so you can call the customer service department and they'll tell you call the card department they're only looking every six months now people with what i'm going to say bad credit but it might not you might not necessarily have bad credit i'm saying for 700 a 700 credit score and below if you watch my channel i always tell you if your score is under a 700 credit score adding unsecured lines of credit can increase your credit score i have seen it on average of some of my clients by 49 points so for you the strategy is different from a person with good credit because the unsecured line of credit can actually increase your credit score with somebody who got 700 and up it can decrease their credit score so with you with bad credit if you don't have a new account all right if you don't have an account you want to get it a new credit card account you would do the same thing you will want to go into the app and pre-qualify for the card and it doesn't matter find out what they're qualifying you for because like i said i'm just saying bad credit but some of you guys got 680 you have fair credit so by you adding that you wouldn't have maybe the same products as somebody who got a 580 credit score now somebody with a 580 credit score option might be the secured card or other variations for those who have a really decent credit card score like a 680 you can go with one of the easier options with is the cash rewards card or the um it's the cash rewards cards and uh the go rewards card which is an easier entry way if you have pretty troubled credit you may apply for those cards but you might be given the secured option okay now the person who be who's able to get one of the two other cards which is unsecured your strategy will be the same as the person with good credit you will want to ask for a reconsideration immediately about your credit line because you have a new credit card account so you would go into the app and ask for the reconsideration you would check out the video then i'm going to leave in the link and you will immediately ask for that reconsideration for a higher credit line if you do not get approved you will still do the steps to wait 10 months call over the phone and do a product change it will not cost you a hard inquiry so you can change that product then when it switch over to two months to a year and you make sure that account is open for a year go for the credit line increase in your app if they don't approve you for that credit line increase because it's not a hard inquiry for you it might be best then to apply for a new card because if your score is under 700 you'll see an increase in your credit score by adding that but by going for the um increase first it's not going to hurt your credit score in the app it's a soft pull but if you go and then apply for that new card it will be a hard pull but the reward of getting the increasing your credit score for the deduction of the three points when you're under a 700 credit score age of credit doesn't affect you as much so the unsecured line of credit will and help enhance your credit score so for you that's the strategy that will be best now if a person cannot be approved they have to go with a secured card because they really have trouble credit go with the secure card option i know a lot of times i tell you don't get secured cards with navy federal go ahead and get the secured card because navy federal will convert that card after six months what they told me in the card department they review you after you have it after six months and every month thereafter they're looking to promote you to an unsecured card so you want to have that option for the unsecured card so if they convert that card from a secured to an unsecured card you may be looking at the option of trying to get another card make sure that you're clearing the rules usually once they convert that card my advice is to wait the six months you guys before you apply for another credit card wait the full six months because as they say even when they convert and do things they are not looking they're looking to monitor you for a six month period then for you the best option is to then go for another credit card because if you are that low you need the additional unsecured line of credit to help increase your score so that's going to be your best avenue but remember it will result in a hard inquiry pull so hopefully these are very helpful to you i'm gonna put the links in the description on how you can upgrade i have had people even with bad credit apply these strategies and in that time while you're waiting you can improve your credit score no matter where you are even if you have good credit 700 and plus it will give you the time to control your um utilization which is very important and the person with a bad credit that already has an account you want to apply the strategy on how old that account is currently did they convert uh do you have an unsecured card already where is that card and its age if you already have an account and it's an unsecured card they gave you initially then you want to convert the product you can have the option to convert that to an amex card in 10 months or if it's over that time if you had it over a year convert that product and then go for the credit line increase if they don't give you that credit line increase you can then apply for another card and that will help your credit score so those are going to be the variations you guys for the strategy for you to get that twenty five thousand dollar a max credit card many people if you've been with navy fed for a year you already know you have a great chance if you manage your accounts responsibly keep in mind even if you're paying navy fed on time you still have to manage your other credit cards you guys you have to always keep that in mind any other late payments in that year's time or any time they review other accounts all credit card camp companies do and it can't count against you even your car account you want to pay all your bills on time you don't want a lot of negative things coming in in that time period but navy fed is the home of big credit lines and those are the ways you can do it so just reference the videos i will have them listed in the description if you have more questions on the subject matter you can leave comments in the article but just keep in mind make sure no one with my picture and if the uh if the title of sherry beckley is not highlighted it's not me it's not the content creator so hopefully this is helpful be blessed and enjoy your day