PenFed sent me a pre-approval email!

[Anonymous]

Congratulations! As one of our premier members, we are pleased to inform you that you are pre-approved for:

Auto Loan: 15,000 - (Used or new) 

Or any of the credit cards with 15,000 limit. 

They gave me the option to select any one. 

What a nice surprise. While I have all the cards I want and need, I couldn't help but have my eyes on the AmEx for 20,000 points sign up bonus! 

Note: I have a 20,000 line of credit with PenFed. Never used it. 

Credit score: 760; Apps in the last 6 months: 5+  I have a lot of cards. No debt.

Edited to add: I got approved for the AmEx. It was approved immediately. No credit pull. Sweet!!! 

[Sandman771]

That's an awesome pre-approval.  I haven't got any credit products with them yet having just joined a month or so ago and I'm just working on growing my NFCU relationship, but they seem very awesome so far. That AMEX offer does sound sweet though. 

[Anonymous]

Yes, the best offer there was. The preapproval had no credit pull. It was approved immediate per member services. 

[Anonymous]

Which Amex did you get ?

[Anonymous]

I got one of those too, but it was only for an auto loan; I already took the preapproved credit card offer via my member page at Penfed over Independence Day weekend. The paradoxical thing is that I have a 5-month-old used-car loan; is Penfed expecting me to trade the car in and get a new model or something?

[Anonymous]

Great news on the approval...even if you just got a car, the approval gives you the chance to re-fi the car loan if you got it at a high rate.

[Anonymous]

They said it's their new card. PenFed American Express Travel with 20k points after certain amount of spend. 

https://www.penfed.org/travel-rewards-american-express/

[BPebbles]

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@Anonymous wrote:

Congratulations! As one of our premier members, we are pleased to inform you that you are pre-approved for:

Auto Loan: 15,000 - (Used or new) 

Or any of the credit cards with 15,000 limit. 

They gave me the option to select any one. 

What a nice surprise. While I have all the cards I want and need, I couldn't help but have my eyes on the AmEx for 20,000 points sign up bonus! 

Note: I have a 20,000 line of credit with PenFed. Never used it. 

Credit score: 760; Apps in the last 6 months: 5+  I have a lot of cards. No debt.

Edited to add: I got approved for the AmEx. It was approved immediately. No credit pull. Sweet!!! 

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Now that is SWEET!!  Gotta LOVE those SP new card approvals! 

[AverageJoesCredit]

Nice preapproval, i can only dream of getting a pa from pf , lol ,smh, ugh huh