topic Re: PenFed Maximum Exposure Question in Credit Cards

PenFed Maximum Exposure Question

Anonymous — Mon, 26 Sep 2016 17:17:06 GMT

Is the maximum exposure 50k? More? Thanks to anyone who sheds light on this question.

Re: PenFed Maximum Exposure Question

Anonymous — Mon, 26 Sep 2016 17:35:58 GMT

I believe max exposure on a credit card is 50k. Maybe I stand to be corrected.

Re: PenFed Maximum Exposure Question

baller4life — Mon, 26 Sep 2016 17:46:26 GMT

Credit Cards $50k total
PLOC $25k

Re: PenFed Maximum Exposure Question

Anonymous — Mon, 26 Sep 2016 17:49:59 GMT

Is the PLOC limit considered separately from the credit cards?

Re: PenFed Maximum Exposure Question

baller4life — Mon, 26 Sep 2016 18:02:03 GMT

Yep separate

Re: PenFed Maximum Exposure Question

Ysettle4 — Fri, 16 Dec 2016 19:14:11 GMT

@Anonymous wrote:
Is the PLOC limit considered separately from the credit cards?

Yes. My PenFed Plat rewards Visa has a $50K limit and I have a PLOC of ~~$5K~~ $25K

Re: PenFed Maximum Exposure Question

Anonymous — Mon, 26 Sep 2016 18:43:52 GMT

Thank you both!

Re: PenFed Maximum Exposure Question

Appleman — Mon, 26 Sep 2016 21:35:59 GMT

Any idea what Max CC and PLOC can be with PenFed?

Re: PenFed Maximum Exposure Question

Anonymous — Tue, 27 Sep 2016 00:12:30 GMT

I think baller answered that above. 50k for credit cards and 25k for PLOC Hope that helps.

Re: PenFed Maximum Exposure Question

Appleman — Tue, 27 Sep 2016 00:39:56 GMT

Indeed, I missed it, thanks.

Re: PenFed Maximum Exposure Question

CreditCuriosity — Tue, 27 Sep 2016 00:52:32 GMT

@Anonymous wrote:
I think baller answered that above. 50k for credit cards and 25k for PLOC Hope that helps.

This is correct.

Re: PenFed Maximum Exposure Question

Anonymous — Tue, 27 Sep 2016 01:01:30 GMT

@CreditCuriousity wrote:
@Anonymous wrote:
I think baller answered that above. 50k for credit cards and 25k for PLOC Hope that helps.
This is correct.

You can also get $25K on a personal loan. Their max unsecured limit is $100K

Re: PenFed Maximum Exposure Question

score_building — Tue, 27 Sep 2016 07:50:00 GMT

CreditCuriousity wrote:

Musiclover wrote:

I think baller answered that above. 50k for credit cards and 25k for PLOC Hope that helps.

This is correct.

Yes it is, AFAIK

Re: PenFed Maximum Exposure Question

elim — Tue, 27 Sep 2016 08:02:06 GMT

I refi'd 15k of an auto loan to PenFed and sometime later they offered me 50k on a CC. I modified it to 10k as the card is only used for gas (and you never know what other goodies I may want from them in the coming years).

So it looks like auto loans aren't included.

Re: PenFed Maximum Exposure Question

Anonymous — Tue, 27 Sep 2016 11:01:16 GMT

@Anonymous wrote:
@CreditCuriousity wrote:
@Anonymous wrote:
I think baller answered that above. 50k for credit cards and 25k for PLOC Hope that helps.
This is correct.
You can also get $25K on a personal loan. Their max unsecured limit is $100K

I didn't know that! Thanks, Irish!

Re: PenFed Maximum Exposure Question

Anonymous — Tue, 27 Sep 2016 11:01:58 GMT

Thanks for all your input everyone!

Re: PenFed Maximum Exposure Question

kugel — Mon, 24 Apr 2017 01:57:54 GMT

Is it each card with PenFed 50k exemple promise 50kand power cash 50k
Or it's all cards combined no more than 50k?

Re: PenFed Maximum Exposure Question

Anonymous — Mon, 24 Apr 2017 03:05:56 GMT

@kugel wrote:
Is it each card with PenFed 50k exemple promise 50kand power cash 50k
Or it's all cards combined no more than 50k?

All cards combined. My Promise is 14k. When I asked for a CLI on the Rewards card I was told it could only go up to 36k because that would bring the total to 50k.