topic Re: Second Penfed card app in Credit Card Applications

Second Penfed card app

Sbrav77 — Fri, 21 Nov 2025 00:09:16 GMT

I was looking for a card that primarily pulled from Equifax. My score on Equifax was 786 with 2 inquiries in the last 24 months. I have utilized Penfed for 2 personal loans and 1 auto loan and paid them off and I have 1 credit card paid off with them. I was prequalified and my app went into pending, needing 2 pay stubs. In the application info it says $10,000 credit applied for. I'm assuming that will be my limit if approved? Do they normally request recent paystubs to process an application?

Re: Second Penfed card app

beonebridge — Fri, 21 Nov 2025 01:27:10 GMT

Yes, Penfed verifies income, they check data furnerishers as well when making the decision. Make sure those are updated.

Re: Second Penfed card app

Stuart89 — Sat, 22 Nov 2025 00:35:13 GMT

I think they usually verify your ability to pay by looking at your stated income on the application and your credit history. Most credit card companies don’t request pay stubs.

Re: Second Penfed card app

Sbrav77 — Sat, 22 Nov 2025 15:23:45 GMT

I submitted the requested pay stubs and the next day it changed to conditionally approved. Now just waiting for the application to finish processing.

Re: Second Penfed card app

mgood — Sat, 22 Nov 2025 16:27:43 GMT

I applied for two PenFed cards about a week apart. This was back in 2021.
The first was an instant approval. The second went to review and they asked for proof of income, last two pay stubs.

Re: Second Penfed card app

Sbrav77 — Sun, 23 Nov 2025 00:26:26 GMT

I did the same and had the same thing happen. One of them was eventually closed for nonuse. This time my credit was much better. That's why I decided to app for a second card again.