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PenFed pending after instant approval

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JustJay119
Regular Contributor

Re: PenFed pending after instant approval

I can tell you, from personal experience, that you are good. The same thing happened to me with a credit card and personal loan, where after I got approved, signed all docs and the reps confirming that funds were sent, my status changed to denied. It changed back to booked after a few days. They said it's a glitch that happens a lot. 

enjoy your new card!

Current

AU

Banking

Scores 10/15/21
Message 11 of 15
IaBoy62
Established Contributor

Re: PenFed pending after instant approval

@JustJay119 @Thanks for responding!

Message 12 of 15
IaBoy62
Established Contributor

Re: PenFed pending after instant approval

@Loquat Thank you!

Message 13 of 15
IaBoy62
Established Contributor

Re: PenFed pending after instant approval

@Anonymous @Thanks.....good luck to you as well!

Message 14 of 15
Anonymous
Not applicable

Re: PenFed pending after instant approval


@IaBoy62 wrote:

@Anonymous @Thanks.....good luck to you as well!


Thank you @IaBoy62 . I am still waiting for the e-mail or my account status with a digital document for me to sign. So far there is nothing yet. I am hoping it is because of the weekend. So far I received an e-mail status from another rep but not the person who supposed to send me the digital document to be signed saying something below:

 

"According to our records, the application for the PenFed Pathfinder Rewards card was successfully submitted and received. The application has been approved. You should receive the credit card by mail within 7 to 10 business days. Please feel free to reply or find us at PenFed.org/Help if you need further assistance."

 

So far it is better than getting a silent treatment or outright denied. I think the first card is also slow at processing but the card did appear on my PenFed account after I activated the free saving account with $5.00 they deposited to me right after they approved me. Even my auto loan refinance is pretty much instantaneos except the mishap of the lost check and a second check they sent out after more than 50 days. Funny thing is they didn't pull HP on my auto loan refinance even until now. 

 

Message 15 of 15
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