New Contributor
Posts: 62
Registered: ‎10-07-2007
Re: PenFed CLI strategy

PenFed is one of the most conservative lenders in the industry. Do NOT close any cards for the sole purpose of trying to get a CLI from them.


If you get a decent CLI it will only be through a pre-approved offer, and definitely not through an underwriter.


Every single card in my signature has a higher limit than what PenFed gave me.

~~Credit Cards~~
Alliant Platinum Rewards Visa, AmEx BCP, BofA Power Rewards, Bank of the West Platinum, Barclay Rewards World MC, Chase Freedom/Chase Sapphire Preferred, Citi Thank You Preferred/Citi Dividend Select, Discover IT, FNBOmaha, Paypal MC, US Bank Cash+/US Bank Perks+.

Total: $300,000+ in lines.