topic Re: PENFED approved in Credit Cards

PENFED approved

konabill — Sat, 02 Apr 2011 22:44:43 GMT

You are now a Pentagon Federal Credit Union member.

Below is your new membership account. Print this page for your records.

USAA and now Penfed........sweet !

Apped at same time for CC and was APPROVED for their VISA Platinum cash rewards card. $5,000 @ 13.99% seems high but I am in the club and will work for lower APR and higher CL.

Re: PENFED approved

smallfry — Sat, 02 Apr 2011 22:50:38 GMT

I think you got the lowest rate on the rewards card. Congrats.

Re: PENFED approved

konabill — Sat, 02 Apr 2011 22:52:49 GMT

@smallfry wrote:
I think you got the lowest rate on the rewards card. Congrats.

Thanks, Very excited to get this. Very easy to garden now.

Re: PENFED approved

score_building — Sat, 02 Apr 2011 23:32:24 GMT

@konabill wrote:
You are now a Pentagon Federal Credit Union member.
Below is your new membership account.  Print this page for your records.

                              USAA and now Penfed........sweet !
@         Apped at same time for CC and was APPROVED for their VISA Platinum cash rewards card. $5,000 @ 13.99% seems high but I am in the club and will work for lower APR and higher CL.

If lower APR trumps the 5% gas card for intended use PC to their Visa Promise. Did they give any preapprovals? Congrats.

Re: PENFED approved

TryN2Rebuild — Sun, 03 Apr 2011 02:03:00 GMT

I want to get into PENFED. Are they difficult on opening a savings? What score are they looking for?

Re: PENFED approved

konabill — Sun, 03 Apr 2011 02:50:30 GMT

@ewingerter wrote:
I want to get into PENFED. Are they difficult on opening a savings? What score are they looking for?

I opened an account with $5 and they pulled my CR. My Eq ( I am sure they pull EQ ) is 767 today. 6% util. and no baddies.

Re: PENFED approved

Anonymous — Sat, 09 Apr 2011 23:09:35 GMT

We are also PENFED and USAA..... Best of the best right!

App's for Visa - approved $20k pending Income Verification.. Should know shortly.

Also applied for $5k LOC. In fact, I started the LOC application and saved it because I had to go do something. Today, (Saturday) they called me to finish the app on the phone and wondered if I had had a problem with it on their web site. I spoke with a very nice man... Top notch!

Ray

Re: PENFED approved

konabill — Sun, 10 Apr 2011 10:52:37 GMT

@Anonymous wrote:
We are also PENFED and USAA..... Best of the best right!

App's for Visa - approved $20k pending Income Verification.. Should know shortly.

Also applied for $5k LOC. In fact, I started the LOC application and saved it because I had to go do something. Today, (Saturday) they called me to finish the app on the phone and wondered if I had had a problem with it on their web site. I spoke with a very nice man... Top notch!

Ray

I received a siggy card to sign and return for my share account and one for my CC on Thursday. I have not received anything on Income Verification...................My app never stated it was in Pending Status either.......

I wonder why some incomes are verified and some are not? What is the trigger for income Verification?

Anyway CONGRATS on the card!!!!!!!!!!

Re: PENFED approved

Scuba — Sun, 10 Apr 2011 15:04:57 GMT

I am thinking of applying for a CC from either one since I am a member for about a year now. . . . what docs do they want for income verification, W2, Tax Returns or pay stubs?

Thanks

Re: PENFED approved

Anonymous — Sun, 10 Apr 2011 23:00:30 GMT

I sent the last two years Federal Income Tax, W2's, and just faxed last two pay-stubs from my wife and I. I though the Tax / W2 stuff would be enough...

I got turned down on the LOC but as long as we can get their card with a $20k line, I can sit back and be patient for the pre-approval stuff to show up - if it ever does... LOL...

I think once we get some payment history established with them, this should not be a problem. We might only use the Visa for gas now, but that is fine. I am going to work my Discover card hard for CLI with them... DIscover will get most of my "love" until I am happy with the line....

Ray