PenFed Sucks! Retraction of previous post (PenFed you are AWESOME!)

[bs6054]

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@LesWH wrote:

I'm a new member and they approved me for 20,000 platinum cash rewards. How hig do the limits go after a year?

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From an old 2010 post: http://creditboards.com/forums/index.php?showtopic=455684

50k is the max PenFed will allow across all unsecured credit.

On that thread, someone has a card with a $50K, got by combining CLs.  May have changed since then!

[TNTransplant]

Hey now!  PenFed is awesome, and I still haven't qualified for any of their CCs... 

When I joined my scores were less than stellar, and they still approved me as a member.  6 months later they refinanced a car loan that I had through Chase at 9.2% (down to 1.9%), and I'm waiting for the day I get the pre-approval for one of their cards.  Until then, I'm just tending everything else in the garden and waiting on them to make their move... 

[chnceit]

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@bs6054 wrote:

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@LesWH wrote:

I'm a new member and they approved me for 20,000 platinum cash rewards. How hig do the limits go after a year?

---

From an old 2010 post: http://creditboards.com/forums/index.php?showtopic=455684

50k is the max PenFed will allow across all unsecured credit.

On that thread, someone has a card with a $50K, got by combining CLs.  May have changed since then!

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Maybe it did change or PenFed is a true YMMV

Maybe I shouldnt push my luck 

[UFGuy2006]

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@bs6054 wrote:

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@LesWH wrote:

I'm a new member and they approved me for 20,000 platinum cash rewards. How hig do the limits go after a year?

---

From an old 2010 post: http://creditboards.com/forums/index.php?showtopic=455684

50k is the max PenFed will allow across all unsecured credit.

On that thread, someone has a card with a $50K, got by combining CLs.  May have changed since then!

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Its still a 50k threshold across all products. Recently was "pre-approved" for the Travel rewards amex putting both of my cards (combined CL) at the 50k mark.