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PenFed Counter Offer?

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doctormyers
Established Member

PenFed Counter Offer?

Few days ago I apped and was approved for 2K SL for power cash rewards. week later applied for Pathfinder card and it went under review.

Under the additonal comments section for the application is says "P236 COUNTER OFFER" and they sent me a security interest form to upload to them. has anyone else experienced this?

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1 REPLY 1
FinStar
Moderator Emeritus

Re: PenFed Counter Offer?


@doctormyers wrote:

Few days ago I apped and was approved for 2K SL for power cash rewards. week later applied for Pathfinder card and it went under review.

Under the additonal comments section for the application is says "P236 COUNTER OFFER" and they sent me a security interest form to upload to them. has anyone else experienced this?


It means you didn't qualify for the Pathfinder Rewards CC and would likely were offered another Power Cash Rewards account for a very similar limit (no they won't merge them). So, you would need to decide if the counteroffer makes sense to accept those terms (i.e. having two of the same CC products).

Message 2 of 2
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