10-10-2012 09:05 AM - edited 10-10-2012 09:39 AM
I checked this morning my PenFed CU online account and found under "My Offers" box a credit card that is also mentioned on my September statement as "Approved". I don't have any cards with PenFed, I just have a Regular Share account with just $5 in it (I've been a PenFed member since 2009 and had no offers before). The PenFed offer is for a Promise credit card but with a very low limit ($500). I have several cards with much higher CL (AmEx, CitiBank, BofA, Chase). Do you think I would really benefit from adding this card to my portfolio?
I have a few more questions... If I accept this offer and get the card,will they make a hard pull for this kind of offers? How is PenFed with credit lines increases? Do thay make autoicreases or we have to ask? Do they make product changes (from one card to another kind) if I request it.
Thanks for your help!