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Just got in with Penfed, should I also apply for a credit card and LOC?

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Anonymous
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Just got in with Penfed, should I also apply for a credit card and LOC?

Just got in with Penfed, should I also apply for a credit card and LOC? Thanks for you advice in advance!! 

Message 1 of 8
7 REPLIES 7
Anonymous
Not applicable

Re: Just got in with Penfed, should I also apply for a credit card and LOC?

Some posters have had success doing that. I applied for two cards one day after another and was approved for both. Good luck if you decide to app.

Message 2 of 8
Anonymous
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Re: Just got in with Penfed, should I also apply for a credit card and LOC?


@Anonymous wrote:

Some posters have had success doing that. I applied for two cards one day after another and was approved for both. Good luck if you decide to app.


Thanks for your reply, do they use the same HP?

Message 3 of 8
Anonymous
Not applicable

Re: Just got in with Penfed, should I also apply for a credit card and LOC?

Do you also have to apply for the checking account seperate from the saving account?

Message 4 of 8
BigBS
Senior Contributor

Re: Just got in with Penfed, should I also apply for a credit card and LOC?

With PenFed they use the same HP for at least 30 days (up to 90, but no guarantee).

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

Message 5 of 8
Anonymous
Not applicable

Re: Just got in with Penfed, should I also apply for a credit card and LOC?


@BigBS wrote:

With PenFed they use the same HP for at least 30 days (up to 90, but no guarantee).


I was told by the CSR last week when I app, it was 60 days. I have also heard 30-90, so I am not sure? But, I just asked for a cli and got 5,000 and don't have my card yet. I was considering app for another card brfore the 60 days to be safe. Great lender, considering I dont have my card yet. lol

Message 6 of 8
OmarGB9
Community Leader
Super Contributor

Re: Just got in with Penfed, should I also apply for a credit card and LOC?

Grats

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 7 of 8
ddemari
Super Contributor

Re: Just got in with Penfed, should I also apply for a credit card and LOC?

OP- since you already took the HP for entry, you as well apply for for a product that u want now. Good luck! 

Message 8 of 8
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