topic Re: penfed gold visa in Credit Cards

penfed gold visa

ecxpa — Sat, 20 Jun 2020 22:46:59 GMT

Anybody here with any experiences on the Penfold Gold Visa......other than a "low" APR ....not sure of the perks for this card.

Re: penfed gold visa

K-in-Boston — Sat, 20 Jun 2020 23:12:25 GMT

This is a no-frills card, so the only perks would be a lower APR, no annual fee, and no foreign transaction fees. It often comes with with a signup bonus, a balance transfer offer, or both. That is essentially it; no rewards are earned on purchases.

Re: penfed gold visa

gingerflower — Sat, 20 Jun 2020 23:20:05 GMT

@ecxpa it's a great credit card! I got the 12 month 0 percent interest plus if you spend $1500 within 90 days you get a $100 statement credit which I already received after spending $1500. Go for it it's a great credit card. Good Luck!

Re: penfed gold visa

ecxpa — Sat, 20 Jun 2020 23:26:59 GMT

@gingerflower wrote:
@ecxpa it's a great credit card! I got the 12 month 0 percent interest plus if you spend $1500 within 90 days you get a $100 statement credit which I already received after spending $1500. Go for it it's a great credit card. Good Luck!

What kind of SL did you get with this card

Re: penfed gold visa

UpperNwGuy — Sun, 21 Jun 2020 02:25:03 GMT

I have never had the PenFed Gold, but I have had the PenFed Promise which is almost the same, and it's been a reliable no-frills card. Neither card has rewards, but that's ok because neither card is for that audience.

Re: penfed gold visa

jberry — Sun, 21 Jun 2020 02:48:44 GMT

Was going to make a new post about this in approvals. Will do it soon. My best friend she got a starting limit of $17,500 at around 15.49%. When my DearWife found out, she also tried too! They both have in common is their Chase cards are pretty much maxed out lol (they both wanted to do a large balance transfer) So my DW also got $17,500 ! same APR! So I was like you know what, im supposed to be in the garden ill just try. I got $5,000 at 17.99% ??? Im like what the!! My biggest diferrence between the women is I have more inqureis than them, recent accounts maybe 2 new accounts in the last 6 months. Income my wife and I always claim both of ours, so pretty much same application, but PenFed does look at inquires and new accounts. All of our scores are around 670 FICO 9.

Re: penfed gold visa

ecxpa — Sun, 21 Jun 2020 11:52:38 GMT

I have the Promise Visa with no perks with 29.5k CL; use it some to keep the CL. The SUB looks good but that's about it; considering passing it up, but I have the dreaded itch to get a new card.

Re: penfed gold visa

Anonymous — Sun, 21 Jun 2020 16:04:39 GMT

@gingerflower wrote:
@ecxpa it's a great credit card! I got the 12 month 0 percent interest plus if you spend $1500 within 90 days you get a $100 statement credit which I already received after spending $1500. Go for it it's a great credit card. Good Luck!

What makes it great? There are other cards with a longer 0% APR and higher SUB that also give rewards (e.g. Chase Freedom currently has a $200 SUB, 15 month 0% APR and has pretty good rewards). Is it just the lowish APR?

Re: penfed gold visa

gingerflower — Sun, 21 Jun 2020 17:03:53 GMT

@ecxpa I got instant approval $20,000 my score with Penfed was 780 I also have the cash rewards Cc $25,000 Cloc $15,000 Thrifty Cl $5,000 savings and checking account. Been with Penfed 10 years

Re: penfed gold visa

ecxpa — Sun, 21 Jun 2020 19:10:37 GMT

@gingerflower wrote:
@ecxpa I got instant approval $20,000 my score with Penfed was 780 I also have the cash rewards Cc $25,000 Cloc $15,000 Thrifty Cl $5,000 savings and checking account. Been with Penfed 10 years

Whoaaaaaa!.....so tempting

Re: penfed gold visa

Cory88 — Tue, 23 Jun 2020 03:16:28 GMT

@jberry wrote:
Was going to make a new post about this in approvals. Will do it soon. My best friend she got a starting limit of $17,500 at around 15.49%. When my DearWife found out, she also tried too! They both have in common is their Chase cards are pretty much maxed out lol (they both wanted to do a large balance transfer) So my DW also got $17,500 ! same APR! So I was like you know what, im supposed to be in the garden ill just try. I got $5,000 at 17.99% ??? Im like what the!! My biggest diferrence between the women is I have more inqureis than them, recent accounts maybe 2 new accounts in the last 6 months. Income my wife and I always claim both of ours, so pretty much same application, but PenFed does look at inquires and new accounts. All of our scores are around 670 FICO 9.

Don't try to figure it out with credit I stopped that years ago.

Re: penfed gold visa

jberry — Wed, 24 Jun 2020 14:59:46 GMT

@Cory88 wrote:
@jberry wrote:
Was going to make a new post about this in approvals. Will do it soon. My best friend she got a starting limit of $17,500 at around 15.49%. When my DearWife found out, she also tried too! They both have in common is their Chase cards are pretty much maxed out lol (they both wanted to do a large balance transfer) So my DW also got $17,500 ! same APR! So I was like you know what, im supposed to be in the garden ill just try. I got $5,000 at 17.99% ??? Im like what the!! My biggest diferrence between the women is I have more inqureis than them, recent accounts maybe 2 new accounts in the last 6 months. Income my wife and I always claim both of ours, so pretty much same application, but PenFed does look at inquires and new accounts. All of our scores are around 670 FICO 9.
Don't try to figure it out with credit I stopped that years ago.

Hahaha you're right!!