topic Re: PenFed app in Credit Card Applications

PenFed app

Anonymous — Sun, 12 Feb 2017 20:41:18 GMT

I applied over the phone yesterday for the Power Cash. I was interested because since I'm in the coast guard and have a checking account I would qualify for the 2% back.

The rep said my app went pending. Today I received an email to read a message and it was titled "price you pay for credit."

I also found the loan app link I read about on here and it has 4 green check marks (app, review, almost done, complete). There wasn't a way to click on anything.

I guess my questions are 1) does that mean approved and 2) do the rest of you find out your credit line when you receive the card?

Re: PenFed app

Anonymous — Sun, 12 Feb 2017 22:10:35 GMT

The price you pay for credit contains your next gen score.

On the app page....see if there is anything under the word "Action", if so click it. You should have an approval!

Re: PenFed app

Anonymous — Sun, 12 Feb 2017 23:36:12 GMT

There isn't anything under action, it's blank. The score on the document says Equifax 801

Re: PenFed app

Anonymous — Sun, 12 Feb 2017 23:55:12 GMT

It sounds like an approval. Do you have any messages on the Penfed portal? If not, call them.

Nice score btw!!!

Re: PenFed app

AverageJoesCredit — Mon, 13 Feb 2017 01:03:28 GMT

With a score like that Penfed should give you the keys to the kingdom

Re: PenFed app

fltireguy — Mon, 13 Feb 2017 02:14:03 GMT

Call them. they are so friendly

Re: PenFed app

CreditCuriosity — Mon, 13 Feb 2017 02:14:03 GMT

If you got the price you pay for credit it is an approval.. make sure as other poster above stated on appication page you complete the electronic signature of terms being make sure you look at application and click through next, next button and it should show you an APR and CL.. Otherwise hopefully it will show up tomorrow or you can of course call penfed and see the limit or if they need anything else.

Re: PenFed app

Anonymous — Mon, 13 Feb 2017 05:26:00 GMT

@CreditCuriousity wrote:
If you got the price you pay for credit it is an approval.. make sure as other poster above stated on appication page you complete the electronic signature of terms being make sure you look at application and click through next, next button and it should show you an APR and CL.. Otherwise hopefully it will show up tomorrow or you can of course call penfed and see the limit or if they need anything else.

On the app page I just have:

penfed power cash rewards

then an application number

then for status I have:

application- green check

review- green check

almost done- green check

complete- green check

under "action" it is a blank box

Re: PenFed app

Anonymous — Mon, 13 Feb 2017 05:43:22 GMT

Let's make this easier.......do you have the mobile app? If not download it, log in etc...

Go to the application status (looks somewhat different than main site). If approved it will tell you credit line if approved etc.

Re: PenFed app

Anonymous — Mon, 13 Feb 2017 05:59:57 GMT

@Justagirl73 wrote:
Let's make this easier.......do you have the mobile app? If not download it, log in etc...
Go to the application status (looks somewhat different than main site). If approved it will tell you credit line if approved etc.

Thanks for you help.

the penfed app says "transferred"

Re: PenFed app

CreditCuriosity — Mon, 13 Feb 2017 10:25:28 GMT

@Anonymous wrote:
@Justagirl73 wrote:
Let's make this easier.......do you have the mobile app? If not download it, log in etc...
Go to the application status (looks somewhat different than main site). If approved it will tell you credit line if approved etc.
Thanks for you help.

the penfed app says "transferred"

transferred = approved

Re: PenFed app

SouthJamaica — Mon, 13 Feb 2017 17:30:26 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
If you got the price you pay for credit it is an approval.. make sure as other poster above stated on appication page you complete the electronic signature of terms being make sure you look at application and click through next, next button and it should show you an APR and CL.. Otherwise hopefully it will show up tomorrow or you can of course call penfed and see the limit or if they need anything else.
On the app page I just have:

penfed power cash rewards
then an application number
then for status I have:
application- green check
review- green check
almost done- green check
complete- green check

under "action" it is a blank box

That's exactly what happened on my application.

And then the next morning the account popped up on my account page.

I still haven't received any actual notification that my application was granted.

Re: PenFed app

Anonymous — Tue, 14 Feb 2017 23:06:36 GMT

Congratulations! But seriously, with that score they will give you anything you like.

Re: PenFed app

Anonymous — Tue, 14 Feb 2017 23:13:57 GMT

Congratulations!

Re: PenFed app

Anonymous — Thu, 16 Feb 2017 19:24:17 GMT

Update:

Received a congrats letter with a credit card acknowledgement form I have to sign and mail back (guess because I applied on phone). Still doesn't say amount lol

Guess I know to ignore the rep next time and just apply online