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Penfed Power Cash Rewards approved $3500 starting limit!

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Royalbacon
Frequent Contributor

Penfed Power Cash Rewards approved $3500 starting limit!

Decided to app and got approved for the Penfed Power Cash Rewards! Question, can you combine limits with Penfed, because I got a Penfed Gold Visa with a $2500 limit I have no usea for. Thanks in advance!!! One other question, it shows a photo on their site of a Visa Signature. if I combine the two limits which will give me $6000 (and you generally need $5000 for the Visa Signature) will they send me an updated card with the Visa Signature logo on it?

 

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020
Kohl's Credit Card $3000 Limit (Opened October 2016) Survived Bankruptcy for whatever reason
Closed Capital One Venture One $3000 Limit (Opened December 2020, Closed by me September 2022 since I wanted the SavorOne and couldn't product change to it)
Capital One Auto Loan (Opened March 2021)
Capital One Cabela's $5000 Limit (Opened December 2021)
America First Credit Union Visa $1000 Limit (Opened December 2021)
Capital One SavorOne $5000 Limit (Opened September 2022)
Sam's Club Mastercard Synchrony Bank $2500 Limit (Opened March 30 2023) (Burned Synchrony in my CH7 BK, One card with a $745 balance)
Idaho Central Credit Union ICCU Visa $10,000 Limit (Opened April 2023)
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Penfed Power Cash Rewards approved $3500 starting limit!

Congratulations on your new card. You should have no problem transfering the money and closing the account you don't want. Give them a call. Good luck and again, congratulations!

Message 2 of 3
Royalbacon
Frequent Contributor

Re: Penfed Power Cash Rewards approved $3500 starting limit!


@Anonymous wrote:

Congratulations on your new card. You should have no problem transfering the money and closing the account you don't want. Give them a call. Good luck and again, congratulations!


Thank you, I'll try calling tomorrow even though it's presidents day.

Chapter 7 Bankruptcy Filed-September 2020 Discharged-December 2020
Kohl's Credit Card $3000 Limit (Opened October 2016) Survived Bankruptcy for whatever reason
Closed Capital One Venture One $3000 Limit (Opened December 2020, Closed by me September 2022 since I wanted the SavorOne and couldn't product change to it)
Capital One Auto Loan (Opened March 2021)
Capital One Cabela's $5000 Limit (Opened December 2021)
America First Credit Union Visa $1000 Limit (Opened December 2021)
Capital One SavorOne $5000 Limit (Opened September 2022)
Sam's Club Mastercard Synchrony Bank $2500 Limit (Opened March 30 2023) (Burned Synchrony in my CH7 BK, One card with a $745 balance)
Idaho Central Credit Union ICCU Visa $10,000 Limit (Opened April 2023)
Message 3 of 3
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