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PenFed Question on CLI

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Anonymous
Not applicable

PenFed Question on CLI

When I put a request in for CLI, and it comes back approved, is the amount shown added to the current line, or is this my new line total. My avialable credit still says $6500, the original approval amount from last week.

 

I know someone on here just got a CLI last week.

 

Screen Shot 2015-03-31 at 9.01.23 PM.png

Message 1 of 13
12 REPLIES 12
B335is
Moderator Emeritus

Re: PenFed Question on CLI

Whatever the amount shown on the Decision page will be your new total limit.
Message 2 of 13
Ysettle4
Valued Contributor

Re: PenFed Question on CLI

+1

769 INQs: 6774 INQs: 5764 INQs: 8UTIL: 2%AAoA: 5yr 8mosTotal Credit Line: $873,950
Message 3 of 13
Anonymous
Not applicable

Re: PenFed Question on CLI


@B335is wrote:
Whatever the amount shown on the Decision page will be your new total limit.

I thought it was you!  Thanks for the info!

Message 4 of 13
Anonymous
Not applicable

Re: PenFed Question on CLI


@Ysettle4 wrote:

+1


Have you requested an CLIs on the card or is yours the original approval amount?

Message 5 of 13
B335is
Moderator Emeritus

Re: PenFed Question on CLI

I requested CLI on my Cash Rewards.  It was $1k limit, I got approved for CLI to $10k:

 

Screen Shot 2015-03-26 at 5.47.12 PM.pngScreen Shot 2015-03-31 at 6.17.44 PM.png

Message 6 of 13
Anonymous
Not applicable

Re: PenFed Question on CLI

Ah...will it say transferred again before I see it in my avail credit. No rush of course as I haven't even received the card yet.

Message 7 of 13
Ysettle4
Valued Contributor

Re: PenFed Question on CLI


@MstrPTato wrote:

@Ysettle4 wrote:

+1


Have you requested an CLIs on the card or is yours the original approval amount?


Starting limit was $17.5K and I requested an increase to an even $18K - which was approved.

769 INQs: 6774 INQs: 5764 INQs: 8UTIL: 2%AAoA: 5yr 8mosTotal Credit Line: $873,950
Message 8 of 13
B335is
Moderator Emeritus

Re: PenFed Question on CLI

Yes once it says transferred your acct will update in a day or two. What status is it now?
Message 9 of 13
Anonymous
Not applicable

Re: PenFed Question on CLI

Approved - was pending until about an hour ago.

Message 10 of 13
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