PENFED PROMISE 17K SL

Bowzer · ‎10-09-2015

http://i172.photobucket.com/albums/w39/bocald70/Screen%20Shot%202015-10-09%20at%204.43.03%20PM_zpsae... In with PenFed CU, extremely excited to be in with a good credit union. Should I app for the PLOC today or wait until this ages a month or so.

EQ Fico 08-689 TU Fico 08-716 EX Fico 08-705 As of 5-1-17

Anonymous · ‎10-09-2015

@Bowzer wrote:
http://i172.photobucket.com/albums/w39/bocald70/Screen%20Shot%202015-10-09%20at%204.43.03%20PM_zpsae... In with PenFed CU, extremely excited to be in with a good credit union. Should I app for the PLOC today or wait until this ages a month or so.

Very nice, congrats on the approval. Penfed is GREAT. You can go and apply for PLOC now, dont wait !!!

ddemari · ‎10-09-2015

Congrats! App for it! Let us know how it goes.
Penfed is great!

Bowzer · ‎10-09-2015

Just got turned down on the PLOC, not a problem as getting my foot in the door with the promise cc is perfect!

Anonymous · ‎10-09-2015

Congrats!

Ysettle4 · ‎10-09-2015

What a SL for the promise card....May I ask why didn't you app for rewards visa?

769

⋅ INQs: 6

774

⋅ INQs: 5

764

INQs: 8

UTIL: 2%

AAoA: 5yr 8mos

Total Credit Line: $873,950

Bowzer · ‎10-09-2015

@Ysettle4 wrote:
What a SL for the promise card....May I ask why didn't you app for rewards visa?

Good question.... I was interested in doing a small balance transfer, this card immediately caught my attention with the "no transfer fee" but i really got excited after setting up my account and didn't realize that the apr intro is only 4.99% for 12 months and not 0%. So, still going to use it but as i looked at there other products a little better I should have gone with the PenFed Platinum Cash Rewards Visa. This would have been an extremely better choice even after paying the 3% trans fee. It's 5% cash back on gas is also very impressive. I was really tempted to app for it also but being denied the PLOC, I didnt push my luck!

baller4life · ‎10-09-2015

You can app ploc again within 90 days. No additional pull. Many have success apping another product right before their time runs out. Gives you time to use and make 2 or 3 payments. Congrats to you!

ETA: Plat Cash Rewards is a great card. Go for it in a couple months. OR app now and if denied, you can move some of limit from Promise to open it.

Bowzer · ‎10-09-2015

Thanks Baller, I think this is exactly what i will do!

Anonymous · ‎10-09-2015

@Ysettle4 wrote:
What a SL for the promise card....May I ask why didn't you app for rewards visa?

Personally I think the Promise card they have is fantastic. No fees of any kind, low interest. Sometimes a CC doesn't have to offer rewards in the traditional sense of cash back or points to be a great card.