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Penfed product change

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Uncle_Money
Established Contributor

Penfed product change

I currently have a $5,000 line of credit with Penfed. Does anyone know if they'll allow me to convert this to one of their credit cards? uM

Personal: American Express Platinum - NPSL | American Express Blue Cash Preferred - $15,000 | Chase Sapphire Reserve - $38,500 | Chase Amazon Prime Visa - $7,200 | Chase Freedom - $500 | Barclaycard Arrival+ - $18,600 | PenFed Platinum Rewards - $25,000 | PenFed LOC - $10,000 | Navy Federal Credit Union Platinum Visa - $25,000 | Navy Federal Credit Union LOC - $10,000 | Citi Double Cash - $12,170 | Citizens Cash Back+ - $8,650 | Citizens LOC Overdraft - $8,000 | Discover - $10,000 | Capital One Quicksilver One - $3,600 | Capital One Platinum - $750 | Valero - $600 | Dell - $3,000 | Lowes Advantage - $30,000 | Macys Amex - $25,000 | The Home Depot - $7,500 | Tourneau - $15,000
Business: American Express Business Platinum Card - NPSL | American Express Plum Card - NPSL | American Express SimplyCash Plus - $10,000 | American Express Gold Card - NPSL | Bank of America Cash Rewards - $100,000 | Capital One Spark Business - $54,000 | Chase Business Preferred - $34,000 | Chase Business Ink - $15,000 | PNC Bank Cash Rewards Visa Signature - $19,000 | PNC LOC $100,000 | BP Business Solutions - $1,500 | KeyBank Mastercard - $6,000 | Staples More Account - $3,500

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2 REPLIES 2
RockinRay
Valued Contributor

Re: Penfed product change

Not sure, call them for sure.

 

I was able to re-align credit line from one to two Visa cards with them. That was easy. 

 

Let us know.

 

Thanks,


Ray

Ray

** Every Card has a Job, and Every Card does its Job **
Message 2 of 3
UFGuy2006
Established Contributor

Re: Penfed product change


@RockinRay wrote:

Not sure, call them for sure.

 

I was able to re-align credit line from one to two Visa cards with them. That was easy. 

 

Let us know.

 

Thanks,


Ray


I know they wouldn't let me product change a while back, but they will let you use part of the credit limit on an existing card to either reallocate to another card or to open up an entire new line (without a hard pull).

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