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Super Contributor
Ron1
Posts: 5,456
Registered: ‎05-23-2009
0

Penfed Pre-Approval!!!!

I logged into my Penfed online to pay my credit card bills. I noticed I got pre-approval offer for another credit card. By the way, I got promotional inquiry from Penfed last month.  They offered me to add $4600 to my Penfed Gas Rewards Platinum or choose Promise Card or the Penfed Gold Card. First, I chose $4600CL to add to my Penfed Cash Rewards Platinum Visa. It came back with the error message. It is not eligible account. I had to choose the Promise Visa with 7.49% APR. The application was pre-filled. I didn't have to fill out anything. It asked me a few thing. I was instantly approved for $4600.  I will receive the card within 7-10 days. They had to manual review my application. How likely am I going to get the card with this pre-approval? Was it approved?

 

Penfed Pre-approval.jpg

 

 

 

Penfed Pre-Approval1.png

Valued Contributor
Involver
Posts: 1,372
Registered: ‎07-16-2013
0

Re: Penfed Pre-Approval!!!!

[ Edited ]

Yeah it's already been approved (see second image).  I got the same message when I was approved a couple weeks ago.  I'm surprised they wouldn't let you add the offered credit line to your existing card.  Either way congrats. :smileyhappy:  Also as you probably already know this should only be a SP.

Cash+ | FlexPerks Select+ Amex | CSP | Double Cash | Fidelity AMEX | BCE | Hhonors | PRG | Delta Gold | FNBO AMEX
Sallie Mae | US Airways WMC | NASA Cash Rewards | Penfed Promise | UNFCU Azure
Established Member
RavenTKR
Posts: 12
Registered: ‎12-21-2013
0

Re: Penfed Pre-Approval!!!!

I was under the impression that such pre-approvals only appear on April 1, and every three months. I have not seen it appearing in the middle of the month.

Anyway, congratulations to the offers.

Super Contributor
Ron1
Posts: 5,456
Registered: ‎05-23-2009
0

Re: Penfed Pre-Approval!!!!


Involver wrote:

Yeah it's already been approved (see second image).  I got the same message when I was approved a couple weeks ago.  I'm surprised they wouldn't let you add the offered credit line to your existing card.  Either way congrats. :smileyhappy:  Also as you probably already know this should only be a SP.


Thanks!!! I didn't want another credit card from them. I just want to get $4600 CLI to my Penfed Platinum Cash Rewards Visa. The system didn't let me to do it.  I didn't want to get another card. 

 

 

Ron.

Super Contributor
Ron1
Posts: 5,456
Registered: ‎05-23-2009
0

Re: Penfed Pre-Approval!!!!


RavenTKR wrote:

I was under the impression that such pre-approvals only appear on April 1, and every three months. I have not seen it appearing in the middle of the month.

Anyway, congratulations to the offers.


Thanks!!! I didn't see it at the beginning of the month. I didn't see it yesterday. It showed up today. It was strange.

 

 

Ron.

Established Member
RavenTKR
Posts: 12
Registered: ‎12-21-2013
0

Re: Penfed Pre-Approval!!!!

I wish to see those offers for myself. I joined PenFed about 18 months ago and have their Cash Rewards card, and no offers so far.

 

Super Contributor
Ron1
Posts: 5,456
Registered: ‎05-23-2009
0

Re: Penfed Pre-Approval!!!!

I joined Penfed and got the Penfed Platinum Cash Rewards last January. I didn't get any pre-approval until now. It  has been almost 16 months. I have Checking, Savings, Money Market Savings (opened for 5% cash back for gas and waive AF). I don't have any other loans with them.  Recently, I saw promotional inquiry on my EQ. I got the 4.99% BT checks with no fee from them yesterday. I didn't use it . I put it into the paper shredder.

 

 

Ron.

Valued Contributor
BigBS
Posts: 2,264
Registered: ‎02-18-2014
0

Re: Penfed Pre-Approval!!!!

Congrats, Ron!  Have missed the almost daily approval postings from a month or so ago.  I, too, wish I could get these pre-approvals.  I did receive the BT checks a week or so ago and haven't used them.  I think the lates on the mortgage I have with them are what's holding me back even though they are going on 6 years.  Have perfect payment history on everything else with them and most of it opened in the last few years.


AMEX BCP - $34.5K | AMEX Delta SkyMiles Gold - $10.4K | AMEX Platinum - NPSL | BofA BBR VISA - $15K | BofA Merrill Lynch + VS - $15K | Barclaycard Arrival WMC - $17.5K | Chase freedom VS - $5.5K | Citi TY Pref WMC - $23.9K | Coldwater Creek MC - $15K | Discover it - $14.5K | FIA AMEX - $16K | Synchrony Bank/HH Gregg - $10K | LMCU PP VISA - $10K | NFCU cashRewards VS - $30K | NFM (Store Card) - $6K | PFCU Platinum CRV+ - $39K | US Bank Cash+ - $16.5K | US Bank Cash+ - $12.5K | USAA WMC - $20.3K Last HP 24 Oct 14 - Gardening into 2016.
Super Contributor
Ron1
Posts: 5,456
Registered: ‎05-23-2009
0

Re: Penfed Pre-Approval!!!!

BigBS,

 

I didn't expect to get any pre-approval from them. They are very conservative. They only approved $5K for Penfed Platinum Cash Visa. I got those BT checks yesterday, I put  it into the shredder. I never got those checks sice I joined. You might get those pre-approval soon. You just have to watch out those offers.

 

 

Ron.

Valued Contributor
BigBS
Posts: 2,264
Registered: ‎02-18-2014
0

Re: Penfed Pre-Approval!!!!


Ron1 wrote:

BigBS,

 

I didn't expect to get any pre-approval from them. They are very conservative. They only approved $5K for Penfed Platinum Cash Visa. I got those BT checks yesterday, I put  it into the shredder. I never got those checks sice I joined. You might get those pre-approval soon. You just have to watch out those offers.

 

 

Ron.


I'm not worried about it because it's clearly something I don't need.  It would be great if it did, but I'm okay without it.  I think the next thing I would like is an interest rate reduction on my mortgage.  Probably about a year from working on that.


AMEX BCP - $34.5K | AMEX Delta SkyMiles Gold - $10.4K | AMEX Platinum - NPSL | BofA BBR VISA - $15K | BofA Merrill Lynch + VS - $15K | Barclaycard Arrival WMC - $17.5K | Chase freedom VS - $5.5K | Citi TY Pref WMC - $23.9K | Coldwater Creek MC - $15K | Discover it - $14.5K | FIA AMEX - $16K | Synchrony Bank/HH Gregg - $10K | LMCU PP VISA - $10K | NFCU cashRewards VS - $30K | NFM (Store Card) - $6K | PFCU Platinum CRV+ - $39K | US Bank Cash+ - $16.5K | US Bank Cash+ - $12.5K | USAA WMC - $20.3K Last HP 24 Oct 14 - Gardening into 2016.

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