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PenFed Power Cash Visa - Highest SL

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SouthJamaica
Mega Contributor

Re: PenFed Power Cash Visa - Highest SL


@Anonymous wrote:

Whoa, SJ! Doing my happy dance for you. (I had to get up off the floor first. Smiley Happy) Congratulations seems like such a lame comment, but Congratulations!!! You are the master, it seems!


Well if you got off the floor can you help me up, I still haven't gotten off the floor Smiley Happy

 

Master shmaster... they probably just believed me when I said my income was a million dollars a day.

 

I just hope Barclays doesn't punish me for this. They can get pretty jealous.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 703 TU 704 EX 687

Message 11 of 20
SouthJamaica
Mega Contributor

Re: PenFed Power Cash Visa - Highest SL

I was wondering how they came up with such an odd number for the starting limit .... 38,500.

 

I have a theory.

 

I think they came up with an overall round figure number as to how much exposure they're willing to have, then subtracted the credit lines I already have, and inserted the difference as my new limit.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 703 TU 704 EX 687

Message 12 of 20
Ysettle4
Valued Contributor

Re: PenFed Power Cash Visa - Highest SL

200.gif

769 INQs: 6774 INQs: 5764 INQs: 8UTIL: 2%AAoA: 5yr 8mosTotal Credit Line: $873,950
Message 13 of 20
SouthJamaica
Mega Contributor

Re: PenFed Power Cash Visa - Highest SL


@Ysettle4 wrote:

200.gif


ROFLMAO


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 703 TU 704 EX 687

Message 14 of 20
SouthJamaica
Mega Contributor

Re: PenFed Power Cash Visa - Highest SL

What's wrong with me? I keep expecting PenFed to call me up & say it was a mistake, they meant $385, not $38,500.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 703 TU 704 EX 687

Message 15 of 20
Anonymous
Not applicable

Re: PenFed Power Cash Visa - Highest SL

Great SL SJ !!  I'll send you a private message with my address for the AU card. 🤑  Congrats 🎉🎊🍾🎈 

Message 16 of 20
SouthJamaica
Mega Contributor

Re: PenFed Power Cash Visa - Highest SL


@Anonymous wrote:

Great SL SJ !!  I'll send you a private message with my address for the AU card. 🤑  Congrats 🎉🎊🍾🎈 


Thanks Smiley Happy


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 703 TU 704 EX 687

Message 17 of 20
Anonymous
Not applicable

Re: PenFed Power Cash Visa - Highest SL


@SouthJamaica wrote:

@Anonymous wrote:

Whoa, SJ! Doing my happy dance for you. (I had to get up off the floor first. Smiley Happy) Congratulations seems like such a lame comment, but Congratulations!!! You are the master, it seems!


Well if you got off the floor can you help me up, I still haven't gotten off the floor Smiley Happy

 

Master shmaster... they probably just believed me when I said my income was a million dollars a day.

 

I just hope Barclays doesn't punish me for this. They can get pretty jealous.


Well, keep us posted, please. I am still stunned. (In a good way. Smiley Wink)

Message 18 of 20
Anonymous
Not applicable

Re: PenFed Power Cash Visa - Highest SL


@SouthJamaica wrote:

I was wondering how they came up with such an odd number for the starting limit .... 38,500.

 

I have a theory.

 

I think they came up with an overall round figure number as to how much exposure they're willing to have, then subtracted the credit lines I already have, and inserted the difference as my new limit.


Makes total sense.

Message 19 of 20
Anonymous
Not applicable

Re: PenFed Power Cash Visa - Highest SL


@Ysettle4 wrote:

200.gif


How appropriate. lol

Message 20 of 20
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