topic Re: Penfed Promise in Credit Cards

Penfed Promise

baller4life — Tue, 10 Mar 2015 13:44:20 GMT

Ok peeps, this card is the next card I'm eyeing. Who has it and who wants it? This thing is better than my beloved Ring I do believe. Lines as high as $50k. Im holding steady in the garden till 2016 cause we all know Penfed hates Egyptians. So can't have a lot of new accounts.

Purchase and cash advance APR - As low as 7.99%
4.99% APR promotional balance transfer rate for 12 Months
No annual fee
No foreign transaction fee
No balance transfer fee
No cash advance fee
No late fee
No over credit limit fee
No penalty APR

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 13:48:09 GMT

@baller4life wrote:
Ok peeps, this card is the next card I'm eyeing. Who has it and who wants it? This thing is better than my beloved Ring I do believe. Lines as high as $50k. Im holding steady in the garden till 2016 cause we all know Penfed hates Egyptians. So can't have a lot of new accounts.

Purchase and cash advance APR - As low as 7.99%
4.99% APR promotional balance transfer rate for 12 Months
No annual fee
No foreign transaction fee
No balance transfer fee
No cash advance fee
No late fee
No over credit limit fee
No penalty APR

How is it better than your NFCU cards?

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 13:54:57 GMT

Lower apr....hmmm that's about it. Plus Penfed uses membership hp for 90 days. So you can get the $25k LOC or 5% unlimited gas card or auto loan all on one hp. And others that can't get in NFCU can join Penfed. Open to everyone. Personally once I join, I will go for Promise, LOC and refi my 4runner probably.

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:01:30 GMT

Oh Nixon and don't forget their quarterly pre-approvals they give for their products with a sp.

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 14:04:59 GMT

@baller4life wrote:
Oh Nixon and don't forget their quarterly pre-approvals they give for their products with a sp.

For some reason I've never had those or a CLI from Penfed, but keep hearing about others that do!

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:13:37 GMT

LTL did you join with a dirty EQ? If so, you will never get one. Which is why I am waiting till EQ is squeaky clean to even join. Supposedly if you join with any baddies on your EQ they dump you in the bad credit box and you never get the pre-approvals.

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 14:10:26 GMT

@Anonymous wrote:
@baller4life wrote:
Oh Nixon and don't forget their quarterly pre-approvals they give for their products with a sp.
For some reason I've never had those or a CLI from Penfed, but keep hearing about others that do!

I like my Promise so far. Only had it for month and half. Already thinking about applying for their AMEX travel rewards card as well. I thought that they would turn me down due to my Egyptian ways but instantly approved for $30K. Hopefully get some CLIs down the road

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:12:56 GMT

Woohooo that's awesome Irish. Who was that got $46k out the gate recently. I have old timers and can't remember.

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 14:13:56 GMT

@baller4life wrote:
Woohooo that's awesome Irish. Who was that got $46k out the gate recently. I have old timers and can't remember.

I think that was from the 'other' forum 😎

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:15:03 GMT

Ohhhh my bad!! 😎

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 14:17:50 GMT

@baller4life wrote:
Ohhhh my bad!! 😎

Your punishment will be slow and painful 😷

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 14:18:18 GMT

@baller4life wrote:
LTL did you join with a dirty EQ? If so, you will never get one. Which is why I am waiting till EQ is squeaky clean to even join. Supposedly if you join with any baddies on your EQ they dump you in the bad credit box and you never get the pre-approvals.

Don't think so (for some reason I don't recall, my wife was the primary, but her report was clean). To be fair, I really don't use the cards much, so maybe that is a factor

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:18:27 GMT

😄😄😄😛

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 14:20:00 GMT

@Anonymous wrote:
@baller4life wrote:
LTL did you join with a dirty EQ? If so, you will never get one. Which is why I am waiting till EQ is squeaky clean to even join. Supposedly if you join with any baddies on your EQ they dump you in the bad credit box and you never get the pre-approvals.
Don't think so (for some reason I don't recall, my wife was the primary, but her report was clean). To be fair, I really don't use the cards much, so maybe that is a factor

Oh ok. I've just always read that a dirty EQ when joining will definitely hinder fire pre-approvals.

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 15:12:58 GMT

@baller4life wrote:
@Anonymous wrote:
@baller4life wrote:
LTL did you join with a dirty EQ? If so, you will never get one. Which is why I am waiting till EQ is squeaky clean to even join. Supposedly if you join with any baddies on your EQ they dump you in the bad credit box and you never get the pre-approvals.
Don't think so (for some reason I don't recall, my wife was the primary, but her report was clean). To be fair, I really don't use the cards much, so maybe that is a factor
Oh ok. I've just always read that a dirty EQ when joining will definitely hinder fire pre-approvals.

What about water pre-approvals?

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 15:40:43 GMT

LOL!! Dang auto correct!! Hinder QUARTERLY pre-approvals. LOL! Smarty pants!

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 15:41:08 GMT

Nixon I'm surprised you haven't join yet.

Re: Penfed Promise

Anonymous — Tue, 10 Mar 2015 16:04:29 GMT

EQ aint clean.

Re: Penfed Promise

baller4life — Tue, 10 Mar 2015 16:09:22 GMT

Ohh ok. Good reason!

Re: Penfed Promise

sillykitty1 — Tue, 10 Mar 2015 17:00:11 GMT

@baller4life wrote:
LTL did you join with a dirty EQ? If so, you will never get one. Which is why I am waiting till EQ is squeaky clean to even join. Supposedly if you join with any baddies on your EQ they dump you in the bad credit box and you never get the pre-approvals.

When I was approved for PenFed my EQ had a few 30 and 1-60 day lates 5+ years old on an auto loan. I've gotten pre approvals 2 out of the 4 quarters I've had the card. One time for cc products/cli and this last time just for loan products. I'm interested to see what happens on 4/1. So if they do bucket people, glad it didn't happen to me.