...is 2 new accnts considered too many for their standards?
I give you a 90% chance of being approved. I don't know what their current standards are the last couple months I have heard they have changed, but Penfed in the past has weighed FICO pretty heavy and if you have an 804 EQ and only two new accounts in the last year, then I think you will get approved for the Cash Rewards card.
may i ask, did you open up additional banking products and deposit heavily on share or other accts?
your scores are rather dreamy, is this what you attribute the preapp. offers to? thanks!
I applied for Penfed membership with 2 new-ish accounts (less than 6 months) and was accepted, but I didn't apply for any products because of debt and new accounts. Now about 9 months later, I have pre-approved offers from penfed in my share account online screen.
since they do hit you with a hard inq for the membership application, it makes sense for me to wait until it is ideal time to apply for one of their card. that way i only get hit with one inq instead of two.