lC Federal credit Union any info?

[pokerdave]

I did a search many different ways and only found a few questions about car loans and I'm not even sure it was the same bank. I'm interested in their credit card offer but wondered what type of limits people got, and which credit agency they use. I will probably call the bank directly if no one has any information.

 

 

https://www.iccreditunion.org/visa

[centex]

3 hours ago, pokerdave said:

I did a search many different ways and only found a few questions about car loans and I'm not even sure it was the same bank. I'm interested in their credit card offer but wondered what type of limits people got, and which credit agency they use. I will probably call the bank directly if no one has any information.

 

 

https://www.iccreditunion.org/visa

It is not one I recall being discussed. 

 

Any reason why you are looking at a card charging interest as opposed to a zero-percent card?  After all, two percent is STILL two percent more than the better offers that exist out there...

[pokerdave]

Because they don't charge a fee for the balance transfer.  if the coronavirus doesn't run my business what I want to transfer should be paid off in less than 6 months which will be less than one percentage point. Most of the other cards charge 3 to 5% balance transfer fee.

[pokerdave]

Update. I called customer service, they said maximum credit line that she's seen is 20000, and they use Experian. I will be applying around the 18th to let some payments post. I will update with the results.

[cv91915]

[TheVig]

I've been looking around for something to app. However speaking for myself, that CU is not the intelligent choice for me.

[hegemony]

On 4/19/2020 at 5:19 AM, TheVig said:

I've been looking around for something to app. However speaking for myself, that CU is not the intelligent choice for me.

go for the AOD 3% card. I;d like to see a data point from someone who isn't posting about it on myfuuko

[TheVig]

1 hour ago, hegemony said:

go for the AOD 3% card. I;d like to see a data point from someone who isn't posting about it on myfuuko

I don't like how they pay out the rewards. Monthly statement credit.

[pokerdave]

I put off apping this because of the Coronavirus.  I joined the CU Friday and they made some small deposits in my account to verify my bank account.  Should be apping by midweek.  

[hdporter]

Simply out of curiosity, it looks like you're eligible for IC FCU through membership in an association with hq in their field of membership region.  However, I don't see specific associations identified.

 

Did you ( @pokerdave ) join by residency, or what means?  If assoc, which one?

[pokerdave]

Yes i am in one of the counties in Massachusetts.  I never heard of this bank till they stated targeting me with Facebook ads.

 

[pokerdave]

UPDATE!

Total waste of time  I was rejected with a 752 EX score and 16 pct utilization.  Called for Recon and he said the reason I was rejected was unused open credit lines.  I was advised to close some of my credit cards and reapply in a few months, which I will not be doing.  They are small and it goes to a committee.

I owed 25k on about 137k with 4 cards reporting, one of which was my 95 fee on Cap One Venture   Trying to decide now if i want to give them 12 debit transactions a month for the next 3 months for a 250 bonus or just close the checking account i opened.  Leaning on closing it since I won't be hitting coffee shops and have a bunch of small charges with the Covid going on.

Edited May 11, 2020 by pokerdave

[Rogue]

Unfortunately the current economic environment is going to make new card approvals "challenging" almost anywhere you may consider applying.....

[cv91915]

15 hours ago, pokerdave said:

 Trying to decide now if i want to give them 12 debit transactions a month for the next 3 months for a 250 bonus or just close the checking account i opened.  Leaning on closing it since I won't be hitting coffee shops and have a bunch of small charges with the Covid going on.

I'm hardly a debit card advocate, but I'm also not big on leaving a bonus on the table.

 

Are there requirements for the debit card purchases? 

 

You can add as little as $0.50 per transaction to your Amazon gift card balance. 

 

I've seen others comment about making several small payments on accounts that accept partial payments (cell phone bills come to mind).

 

Shouldn't be too hard to hit 12 transactions per cycle without leaving the house, cash out the 250, and then move on.

 

 

Edited May 12, 2020 by cv91915