Did PenFed actually pull my credit?

Anonymous · ‎06-05-2018

I signed up for there savings account today to start building a relastionship with them to later get a credit card.

On the application page it says it pulls your credit report.

I made the savings account and had to call CSR to verify my idenity. I did.

They said since they already pulled my credit today, that it wouldn't hurt if I applied for a credit card also. So i did. Got declined (already knew I would).

BUT, I didn't get an credit alert from any agency saying my credit was pulled.

So was this a soft pull?

I ALWAYS get a alert when my credit is pulled, doesn't mater what agnecy they use.

Pikaboo-icu · ‎06-05-2018

When I signed up the HP was a day or two delay but it did indeed show up, I did app for a card so IDK if the HP was for that or membership in general.

If they didn't HP your membership, they certainly did for the card they suggested you app for.. Sorry

Give it a day or 2..

Anonymous · ‎06-05-2018

@Pikaboo-icu wrote:
When I signed up the HP was a day or two delay but it did indeed show up, I did app for a card so IDK if the HP was for that or membership in general.
If they didn't HP your membership, they certainly did for the card they suggested you app for.. Sorry
Give it a day or 2..

So weird they pull credit for the membership. Rip

CreditCuriosity · ‎06-05-2018

Yes they HP EQ for membership, with that said you can use that HP for multiple credit product for anywhere from 30-90 days as YMMV on that one, but typically good for 30 days at least if not up to 90. Just how they role with membership. Why did you get denied for the CC? I would certainly recon that as many success stories. Any idea what your EQ 09 score is?

Anonymous · ‎06-05-2018

@CreditCuriosity wrote:
Yes they HP EQ for membership, with that said you can use that HP for multiple credit product for anywhere from 30-90 days as YMMV on that one, but typically good for 30 days at least if not up to 90. Just how they role with membership. Why did you get denied for the CC? I would certainly recon that as many success stories. Any idea what your EQ 09 score is?

I got denied due too, "utilization ratio too high" and "recent delinquent account". The delinquent account was my AMEX card 7 months ago that was 60 days late. I applied for their "Power Cash Rewards" card. Since it's a visa signature card, i'm guessing it's harder to get than there other cards.

I wasn't planning on opening a credit card with them at the moment but since they did the hard pull, I guess I minds well try. Think getting any of their other cards will be easier?

Not sure what my EQ 09 score is. My CK score is 680 while the FICO score discover gives, is 620.

Just got approved for a chase CSP and a capital one QC.

DaveInAZ · ‎06-06-2018

@Anonymous wrote:
I got denied due too, "utilization ratio too high" and "recent delinquent account". The delinquent account was my AMEX card 7 months ago that was 60 days late. I applied for their "Power Cash Rewards" card. Since it's a visa signature card, i'm guessing it's harder to get than there other cards.
I wasn't planning on opening a credit card with them at the moment but since they did the hard pull, I guess I minds well try. Think getting any of their other cards will be easier?

Not sure what my EQ 09 score is. My CK score is 680 while the FICO score discover gives, is 620.

Just got approved for a chase CSP and a capital one QC.

While the Power Cash Rewards can be a Signature card with $5k minimum CL, but they do issue it as non-Signature with lower CLs. I was approved in May 2017 with only $1k CL. After waiting a year for a pre-qual offer for a CLI and getting nothing I called in last month and closed it. I was approved for PayPal 2% Cashback MC in July 2018 w/$8k CL so that is my go-to 2% on anything card and I wasn't going to waste a HP to increase the pathetic PCR CL.

The Promise Visa is generally considered Penfed's easiest card to get.

Anonymous · ‎06-09-2018

@DaveInAZ wrote:
@Anonymous wrote:
I got denied due too, "utilization ratio too high" and "recent delinquent account". The delinquent account was my AMEX card 7 months ago that was 60 days late. I applied for their "Power Cash Rewards" card. Since it's a visa signature card, i'm guessing it's harder to get than there other cards.
I wasn't planning on opening a credit card with them at the moment but since they did the hard pull, I guess I minds well try. Think getting any of their other cards will be easier?

Not sure what my EQ 09 score is. My CK score is 680 while the FICO score discover gives, is 620.

Just got approved for a chase CSP and a capital one QC.
While the Power Cash Rewards can be a Signature card with $5k minimum CL, but they do issue it as non-Signature with lower CLs. I was approved in May 2017 with only $1k CL. After waiting a year for a pre-qual offer for a CLI and getting nothing I called in last month and closed it. I was approved for PayPal 2% Cashback MC in July 2018 w/$8k CL so that is my go-to 2% on anything card and I wasn't going to waste a HP to increase the pathetic PCR CL.

The Promise Visa is generally considered Penfed's easiest card to get.

Do you know if you can upgrade the promise visa later on?

CreditCuriosity · ‎06-09-2018

@Anonymous wrote:

@DaveInAZ wrote:
@Anonymous wrote:
I got denied due too, "utilization ratio too high" and "recent delinquent account". The delinquent account was my AMEX card 7 months ago that was 60 days late. I applied for their "Power Cash Rewards" card. Since it's a visa signature card, i'm guessing it's harder to get than there other cards.
I wasn't planning on opening a credit card with them at the moment but since they did the hard pull, I guess I minds well try. Think getting any of their other cards will be easier?

Not sure what my EQ 09 score is. My CK score is 680 while the FICO score discover gives, is 620.

Just got approved for a chase CSP and a capital one QC.
While the Power Cash Rewards can be a Signature card with $5k minimum CL, but they do issue it as non-Signature with lower CLs. I was approved in May 2017 with only $1k CL. After waiting a year for a pre-qual offer for a CLI and getting nothing I called in last month and closed it. I was approved for PayPal 2% Cashback MC in July 2018 w/$8k CL so that is my go-to 2% on anything card and I wasn't going to waste a HP to increase the pathetic PCR CL.

The Promise Visa is generally considered Penfed's easiest card to get.
Do you know if you can upgrade the promise visa later on?

penfed does not do PC's.. Would have to apply for a new card and they can move the CL then etc.