Posts: 26
Registered: ‎07-03-2012
Chances for PenFed Platinum Cash Rewards Card

Hello, guys,


I was wondering what my chances might be for a PenFed Platinum Cash Rewards Card. I'm primarily interested in this card because of the 5% back on gas purchases, though I see the PenFed Platinum Rewards Card offers 5 points on gas purchases. I'm not sure which of these cards would be better, so any insight on that would also be greatly appreciated.


EQ Credit Score from myFICO: 742 on March 7, 2012 (I believe this is probably higher now as both my only credit card and my only auto loan have since become 1 year old, and 5 inquiries are no longer affecting my score)

Inquiries: 3 in the past 12 months (12 in the past 2 years; several of these are from shopping for my auto loan)

Derogatories: 0

Oldest Account Age: 14 years

Newest Account: 1 year

AAoA: 6 years

Highest Credit Limit: $4,200

EQ Utilization: 2%