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PenFed Gold VISA reconsideration questions?

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tpdtopcop
Regular Contributor

PenFed Gold VISA reconsideration questions?

Hello all,

I applied for the penfed gold visa and was auto denied for listed reason,
1)Percent of revolving accounts opened recently.
2) percent of accounts opened recently.
3) age of bank card.
4) bank card high credit.

Now I have 3 credit cards I opened one in 01/19, one in 8/19, one in 11/18.
I do have one card that has high credit out of the three but rest are zero.

Do you think it’s possible for reconsideration since basically one of the cards well have been opened a year as well as the card from 1/19? So in essence I have only opened one card recently?

Thanks in advance.
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2 REPLIES 2
FinStar
Moderator Emeritus

Re: PenFed Gold VISA reconsideration questions?

You could always give it a try, but the chance of success may be unlikely.

In the former, relaxed days of PenFed UW there were more success stories especially whenever a survey was generated.
Message 2 of 3
Meanmchine
Super Contributor

Re: PenFed Gold VISA reconsideration questions?

Doesnt hurt to try. You already gave up the HP.  Wait for the survey and then give it a shot. Good luck

>3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>5/2023 All 3 reports 840ish (F8) F9s = 850 but my app finger is still twitching
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