topic PENFED PRE-APPROVED OFFER in Credit Card Applications

PENFED PRE-APPROVED OFFER

Anonymous — Tue, 08 Oct 2019 18:12:26 GMT

DOES ANY ONE KNOW HOW GOOD THIS PRE-APPROVED OFFERS ARE?

I RECEIVED IT YESTERDAY ON THE MAIL, 'PENFED POWER CASH REWARDS VISA SIGNATURE'

HOW GENERUS IS PENFED ON SCL?

Re: PENFED PRE-APPROVED OFFER

CreditInspired — Tue, 08 Oct 2019 18:17:38 GMT

@Anonymous wrote:
DOES ANY ONE KNOW HOW GOOD THIS PRE-APPROVED OFFERS ARE?
I RECEIVED IT YESTERDAY ON THE MAIL, 'PENFED POWER CASH REWARDS VISA SIGNATURE'
HOW GENERUS IS PENFED ON SCL?

Please do not type in all caps. Thank you.

We need to know more about the pre-approved offer.

Re: PENFED PRE-APPROVED OFFER

FinStar — Tue, 08 Oct 2019 18:26:13 GMT

PenFed pre-approved mailers are not a sure or solid thing unlike the likes of AmEx or Capital One, for instance. Approval will depend on your overall profile.

Re: PENFED PRE-APPROVED OFFER

coldfusion — Tue, 08 Oct 2019 19:57:28 GMT

Online quarterly preapprovals and mail offers for existing members are solid, if you aren't currently a member mail offers are less solid.

They tend to lowball on SL - you won't get an SL of more than $10K on your 1st card - and if your profile warrants it be generous with SP offers on CLI or additional cards after 12-24 months.