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Accepted Penfed Credit Card CLI Pre-Approval!!!

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Ron1
Super Contributor

Accepted Penfed Credit Card CLI Pre-Approval!!!

Penfed offered me a CLI for credit card last week. I didn't decided until today. I didn't take the max amount of pre-approval (up to $21.4K).  I didn't want to get denial. I only accepted the amount $7800. I chose my Penfed Rewards Visa Signature Card for the limit increase. It only got $5K.  I got approved for the full amount $7800 after completing the pre-approved application. They increased from $5000 to $12.8K. Now, it is waiting for manual review.  

 

 

Ron.

 

PenFed Online 1.png

Message 1 of 32
31 REPLIES 31
CreditMagic7
Mega Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats! Ron on taking them up on a decent enough increase.

Message 2 of 32
SOGGIE
Valued Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats on the approval Ron!
Life was a lot simpler when what we honored was father and mother, rather than all major credit cards. ~Robert Orben
Message 3 of 32
ddemari
Super Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

congrats!!! Smiley Happy

Message 4 of 32
Saleen099
Senior Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats Ron1

Message 5 of 32
Creditaddict
Legendary Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

OMG, Penfed pre-approvals are good as done... if they offered you $20 something you shoudl have taken $20 something!!!

I DIE

Message 6 of 32
Anonymous
Not applicable

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congratulations !!!!!

Message 7 of 32
Anonymous
Not applicable

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats Ron!

Message 8 of 32
Anonymous
Not applicable

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats...I guess...maybe?

Uh yeah, why not take the entire offer? $5K to $21K+ is a great offer

Pre-APPROVAL? Why the need for an analyst if it's pre-approved?

How old are your accounts? Current scores?

Message 9 of 32
chalupaman
Super Contributor

Re: Accepted Penfed Credit Card CLI Pre-Approval!!!

Congrats Ron.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 10 of 32
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