topic Re: PenFed Question on CLI in Credit Cards

PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:03:17 GMT

When I put a request in for CLI, and it comes back approved, is the amount shown added to the current line, or is this my new line total. My avialable credit still says $6500, the original approval amount from last week.

I know someone on here just got a CLI last week.

Re: PenFed Question on CLI

B335is — Wed, 01 Apr 2015 01:05:18 GMT

Whatever the amount shown on the Decision page will be your new total limit.

Re: PenFed Question on CLI

Ysettle4 — Wed, 01 Apr 2015 01:06:09 GMT

Re: PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:06:49 GMT

@B335is wrote:
Whatever the amount shown on the Decision page will be your new total limit.

I thought it was you! Thanks for the info!

Re: PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:07:54 GMT

@Ysettle4 wrote:
+1

Have you requested an CLIs on the card or is yours the original approval amount?

Re: PenFed Question on CLI

B335is — Wed, 01 Apr 2015 01:19:59 GMT

I requested CLI on my Cash Rewards. It was $1k limit, I got approved for CLI to $10k:

Re: PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:22:31 GMT

Ah...will it say transferred again before I see it in my avail credit. No rush of course as I haven't even received the card yet.

Re: PenFed Question on CLI

Ysettle4 — Wed, 01 Apr 2015 01:23:29 GMT

@MstrPTato wrote:
@Ysettle4 wrote:
+1
Have you requested an CLIs on the card or is yours the original approval amount?

Starting limit was $17.5K and I requested an increase to an even $18K - which was approved.

Re: PenFed Question on CLI

B335is — Wed, 01 Apr 2015 01:34:20 GMT

Yes once it says transferred your acct will update in a day or two. What status is it now?

Re: PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:40:08 GMT

Approved - was pending until about an hour ago.

Re: PenFed Question on CLI

Anonymous — Wed, 01 Apr 2015 01:45:28 GMT

I also think my APR went down from 11.99 to 9.99.

Re: PenFed Question on CLI

B335is — Wed, 01 Apr 2015 02:25:06 GMT

Sweet. Congrats!

Re: PenFed Question on CLI

Involver — Wed, 01 Apr 2015 02:31:18 GMT

Patiently waiting tomorrow for the quarterly offers but will probably be swinging for a CLI without one. Congrats on yours (and the original approval)!