topic Re: PenFed - Auto 0% APR for 12 mos. in Credit Cards

PenFed - Auto 0% APR for 12 mos.

Hut1 — Mon, 01 Nov 2021 17:55:27 GMT

Saw this beauty in my inbox this morning. Anyone else get one?

PenFed 0% offer for existing card holder

raisemysc0re — Mon, 01 Nov 2021 17:55:55 GMT

Got this email today...

I don't leave balances on my cards but still nice to have.

Dear *******,

Give yourself the gift of financial flexibility this season. Your PenFed card has automatically been enrolled in a special offer that’s good on ALL eligible purchases, whether you pay with your card, mobile wallet, or buy online.

Here's The Deal:

During the month of November, receive a promotional 0% for 12 months¹ on any purchase of $500 or more when you use your PenFed Card.

Don’t wait! This offer is only good from November 1 through November 30, 2021. Tap into your perks and benefits today!

Re: PenFed - Auto 0% APR for 12 mos.

pinkandgrey — Mon, 01 Nov 2021 12:05:45 GMT

When I first read the title, my mind went to auto loans LOL. What kind of auto loan offers 0% for one year???

Congrats! That's a nice offer.

Scared me a bit when I saw the "Dear Elizabeth" thing. Did you customize the picture for each reader???

Enjoy!

Re: PenFed - Auto 0% APR for 12 mos.

Rebuild2019 — Mon, 01 Nov 2021 12:19:29 GMT

Congrats 🎊🎈🎉.

Re: PenFed 0% offer for existing card holder

Rebuild2019 — Mon, 01 Nov 2021 12:21:43 GMT

Congrats 🎉🎈🎊 on your offer.

Re: PenFed - Auto 0% APR for 12 mos.

rostrow416 — Mon, 01 Nov 2021 12:32:20 GMT

Got the same email - I have the Platinum Rewards card

Re: PenFed - Auto 0% APR for 12 mos.

Hex — Mon, 01 Nov 2021 13:11:38 GMT

Yes I received it for my Platinum Rewards card too. I never carry a balance so I'm still hoping for a bonus spend offer from them before the holidays.

0% BT offer with a twist from PenFed

NoMoreE46 — Mon, 01 Nov 2021 17:56:58 GMT

Anybody see a conditional BT offer like this? Gotta drop $500 to get it.

Re: PenFed - Auto 0% APR for 12 mos.

OmarGB9 — Mon, 01 Nov 2021 13:26:39 GMT

@pinkandgrey wrote:
When I first read the title, my mind went to auto loans LOL. What kind of auto loan offers 0% for one year???
Congrats! That's a nice offer.

Scared me a bit when I saw the "Dear Elizabeth" thing. Did you customize the picture for each reader???

Enjoy!

That was my first thought, too. 😂 Hey maybe it could be like the temporary 0% APR on CCs.

But that's cool of PF to do that. Though how would it work once the promo period to spend ends? Would it be like an Amex POT thing? 🤔

Re: PenFed - Auto 0% APR for 12 mos.

rostrow416 — Mon, 01 Nov 2021 14:07:13 GMT

@OmarGB9 wrote:
@pinkandgrey wrote:
When I first read the title, my mind went to auto loans LOL. What kind of auto loan offers 0% for one year???
Congrats! That's a nice offer.

Scared me a bit when I saw the "Dear Elizabeth" thing. Did you customize the picture for each reader???

Enjoy!

That was my first thought, too. 😂 Hey maybe it could be like the temporary 0% APR on CCs.

But that's cool of PF to do that. Though how would it work once the promo period to spend ends? Would it be like an Amex POT thing? 🤔

I was wondering that, too. Or would it work more like a balance transfer, where any new spend would immediately start racking up interest.

Re: PenFed - Auto 0% APR for 12 mos.

Hut1 — Mon, 01 Nov 2021 14:07:57 GMT

@pinkandgrey wrote:
When I first read the title, my mind went to auto loans LOL. What kind of auto loan offers 0% for one year???
Congrats! That's a nice offer.

Scared me a bit when I saw the "Dear Elizabeth" thing. Did you customize the picture for each reader???

Enjoy!

I take it you're an Elizabeth, too? 😆

Re: PenFed - Auto 0% APR for 12 mos.

Aim_High — Mon, 01 Nov 2021 17:09:16 GMT

I got the same offer today (0% APR for 12 months on purchases over $500 each in November) on my PenFed Power Cash Rewards. I doubt I'll take advantage of it since I don't need it and try to keep my utilization low, but it's nice to see offers like this springing up in case I ever need them.

Re: PenFed - Auto 0% APR for 12 mos.

Hut1 — Mon, 01 Nov 2021 17:54:52 GMT

@Aim_High wrote:
I got the same offer today (0% APR for 12 months on purchases over $500 each in November) on my PenFed Power Cash Rewards. I doubt I'll take advantage of it since I don't need it and try to keep my utilization low, but it's nice to see offers like this springing up in case I ever need them.

My thoughts precisely. 😊

Re: PenFed - Auto 0% APR for 12 mos.

credit8502020 — Tue, 02 Nov 2021 15:02:32 GMT

@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Does everyone in this thread that received this offer have more than one credit card or loan with PenFed? How long have you been with them? I'm a newer PenFed member, but curious as to when they start sending offers such as these? Thanks! @Hut1 @raisemysc0re @pinkandgrey @rostrow416 @Hex @OmarGB9 @Aim_High

Re: PenFed - Auto 0% APR for 12 mos.

ChargedUp — Tue, 02 Nov 2021 02:40:18 GMT

I got this offer as well. I'd rather they bump the cashback as I always PIF...

Re: PenFed - Auto 0% APR for 12 mos.

OmarGB9 — Tue, 02 Nov 2021 03:24:28 GMT

@credit8502020 wrote:
@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Does everyone in this thread that received this offer have more than one credit card or loan with PenFed? How long have you been with them? I'm a newer PenFed member, but curious as to when they start sending offers such as these? Thanks! @Hut1 @raisemysc0re @pinkandgrey @rostrow416 @Hex @OmarGB9 @Aim_High

I have no credit cards with Penfed, but I do have a personal loan with them.

Re: PenFed - Auto 0% APR for 12 mos.

credit8502020 — Tue, 02 Nov 2021 03:24:51 GMT

@OmarGB9 wrote:
@credit8502020 wrote:
@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Does everyone in this thread that received this offer have more than one credit card or loan with PenFed? How long have you been with them? I'm a newer PenFed member, but curious as to when they start sending offers such as these? Thanks! @Hut1 @raisemysc0re @pinkandgrey @rostrow416 @Hex @OmarGB9 @Aim_High
I have no credit cards with Penfed, but I do have a personal loan with them.

@OmarGB9 Thank you!

Re: PenFed - Auto 0% APR for 12 mos.

OmarGB9 — Tue, 02 Nov 2021 03:33:45 GMT

@credit8502020 wrote:
@OmarGB9 wrote:
@credit8502020 wrote:
@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Does everyone in this thread that received this offer have more than one credit card or loan with PenFed? How long have you been with them? I'm a newer PenFed member, but curious as to when they start sending offers such as these? Thanks! @Hut1 @raisemysc0re @pinkandgrey @rostrow416 @Hex @OmarGB9 @Aim_High
I have no credit cards with Penfed, but I do have a personal loan with them.
@OmarGB9 Thank you!

To answer your questions, I've been a member since I believe 2018 or so, and the personal loan I only just got this year.

Re: PenFed - Auto 0% APR for 12 mos.

CreditInspired — Tue, 02 Nov 2021 15:01:30 GMT

@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Congratulations!

An exact offer was on my AmX dashboard. It's the holidays and I guess CCCs want us to charge, charge, charge. Enjoy

EDIT. I just noticed difference. I don't have to spend $500 on AmX to get the promo.

Re: PenFed - Auto 0% APR for 12 mos.

Hut1 — Tue, 02 Nov 2021 15:00:54 GMT

@CreditInspired wrote:
@Hut1 wrote:
Saw this beauty in my inbox this morning. Anyone else get one?

Congratulations!

An exact offer was on my AmX dashboard. It's the holidays and I guess CCCs want us to charge, charge, charge. Enjoy

EDIT. I just noticed difference. I don't have to spend $500 on AmX to get the promo.

I'm going to have to look at my AmEx now. 😆