recon penfed?

[Anonymous]

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@FinStar wrote:

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@Anonymous wrote:

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@Lyythine wrote:

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@Anonymous wrote:

Oops, never mind.  the OP is not who posted about the 43K.  Dang red usernames thru me off.  My apologies.

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Im guessing the 43k instant approval had something to do with dark magic... Just a hunch.

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No doubt

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I'd be very curious too!  I can see from $25K to $43K...just not from $5K unless substantiated by POI.

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Read my subsequent post.  They aren't the same posters

[Anonymous]

but still.. 43k from PenFed on a CC? 

Wow...I would like to see the posters stats at the time of the app and CLI

[Anonymous]

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@MstrPTato wrote:

I submitted a CLI right after approval and it was approved for an additional $1,000. I was a new member too as of 3/25.

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In which manner did you apply for the CLI from penfed. Online link or calling some # ?

[peaceonearth]

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

Guess no on answered the above poster.

My app for Promise last night is pending.

Should I call and bug them or just wait?

Does anyone get insta- approved?

Product	Application Number	Date Started	Status	Action
PenFed Promise	9988130	04/20/2015	PENDING 04/20/2015

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I got an instant approval of $43,000.00

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Did you have your pen fed signature page form already faxed in by chance? 

I just realized I have not...

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Not too sure,, I did sign and sent a form if I recall it was for the checking account.

Just send the form if they ask you to do so..

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How did you go from an approval of $5K that you wanted to recon to an instantly approved $43K?

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$5k?

I never said I was approved for $5K.

$43K was my original approval.

[Anonymous]

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

Guess no on answered the above poster.

My app for Promise last night is pending.

Should I call and bug them or just wait?

Does anyone get insta- approved?

Product	Application Number	Date Started	Status	Action
PenFed Promise	9988130	04/20/2015	PENDING 04/20/2015

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I got an instant approval of $43,000.00

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Did you have your pen fed signature page form already faxed in by chance? 

I just realized I have not...

---

Not too sure,, I did sign and sent a form if I recall it was for the checking account.

Just send the form if they ask you to do so..

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How did you go from an approval of $5K that you wanted to recon to an instantly approved $43K?

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$5k?

I never said I was approved for $5K.

$43K was my original approval.

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I know.  If you read my subsequent post, I confused you with the OP.

[peaceonearth]

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

Guess no on answered the above poster.

My app for Promise last night is pending.

Should I call and bug them or just wait?

Does anyone get insta- approved?

Product	Application Number	Date Started	Status	Action
PenFed Promise	9988130	04/20/2015	PENDING 04/20/2015

---

I got an instant approval of $43,000.00

---

Did you have your pen fed signature page form already faxed in by chance? 

I just realized I have not...

---

Not too sure,, I did sign and sent a form if I recall it was for the checking account.

Just send the form if they ask you to do so..

---

How did you go from an approval of $5K that you wanted to recon to an instantly approved $43K?

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$5k?

I never said I was approved for $5K.

$43K was my original approval.

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I know.  If you read my subsequent post, I confused you with the OP.

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I do not know!!!

Please, clarify..

[Anonymous]

I know that you said you were approved for $43K.  I confused you with the original poster who was approved for $5K

[peaceonearth]

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@Anonymous wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

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@peaceonearth wrote:

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@Anonymous wrote:

Guess no on answered the above poster.

My app for Promise last night is pending.

Should I call and bug them or just wait?

Does anyone get insta- approved?

Product	Application Number	Date Started	Status	Action
PenFed Promise	9988130	04/20/2015	PENDING 04/20/2015

---

I got an instant approval of $43,000.00

---

Did you have your pen fed signature page form already faxed in by chance? 

I just realized I have not...

---

Not too sure,, I did sign and sent a form if I recall it was for the checking account.

Just send the form if they ask you to do so..

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How did you go from an approval of $5K that you wanted to recon to an instantly approved $43K?

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Nice catch... I am curious too..

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There's no catch.

Irish80 made a mistake. Of course, did not care or bother making any correction.

In message #26 of this thread Irish wrote: Oops, never mind.  the OP is not who posted about the 43K.  Dang red usernames thru me off.  My apologies.

MarineVietVet, myFICO moderator

[Mailak]

I was instantly approved for $19.5k on my cash rewards card. Nothing was sent to them previously. I thought they might reduce it but they didn't.

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@Anonymous wrote:

Guess no on answered the above poster.

My app for Promise last night is pending.

Should I call and bug them or just wait?

Does anyone get insta- approved?

Product	Application Number	Date Started	Status	Action
PenFed Promise	9988130	04/20/2015	PENDING 04/20/2015

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[takeshi74]

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@Anonymous wrote:

I applied for the PenFed Platinum Rewards and got a $5000 credit line. Is it possible to recon the starting limit or request a cli?

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You can immediately request a CLI.  Whether you get anywhere depends on your credit and income and their criteria.  Some have been successful with PenFed.  Some have not.

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@Anonymous wrote:

Penfed is way cheap on limits.  Wouldn't bother reconning 5K cuz that is considered a "high" starting limit.

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PenFed is like any other creditor and uses credit and income to determine limits and CLI's.  Where they differ from some is their conservative tendencies but criteria can and do among creditors as it is and PenFed's not unique in being conservative.  Cheap has nothing to do with it.  Creditors vary in the amount of risk they're willing to take and what they're willing to extend to a given credit profile.  If such a creditor doesn't work for you then there are plenty of others out there to choose from with more lax approval criteria.

My starting limit with them was $30K.  YMMV.  Everyone's credit and income are not identical.