Applied for the card on 2/27. No instant approval. CR pulled on 2/28 (notification) but according to the letter it pulled on 2/27, and get the denied letter inbox today. Called and ask for recon. The lady answered the phone said that even though my score is good, the CR still has delinquency within the past 2 years. So nothing she can do or anyone can do to approve the request.
So for those that want PenFed, if you have any negatives within the past 2 years. Don't waste your HP with PenFed.
Additional DP: I have a balance of $2.8K in their checking account and a SSL prepaid in advance to 5% balance.
I'm sorry about the denial. Thank you for the learning opportunity.
LOL@ the gif 
Thanks
Hang in there......thanks for passing on that info..
@Streetervillelady wrote:I'm sorry for the denial. Thank you for the learning opportunity.
LOL!!! That's a PRICELESS Reaction!!!
That's good to know. I applied for PowerCash, was denied with several reasons. Loan balance proportion to loan amount too high, serious deliquent or derogatory, and low credit score. I had 648 FICO8 EQ at the time of app.
I called and hoped to recon. They asked me to write a letter via email to loan processing. So I did with a request to change to Pathfinder Rewards since critera for both cards are the same, and now I'm waiting to hear back.
As of yesterday, my EQ jumped 13 points to 666 with no further explanation...not sure what triggered the change, even after inquiry was added.
Just for the sake of DP. I filed for BK7 in April 2017, DC'd in July 2017. Loan balance being too high, I might have to wait out until this fall for Navient's charged off balance of $18k to fall out. I also have good standing federal student loans. My auto loan will be paid off in several months. So my CR should look better by then and hope to try again if recon is denied.
Good luck with the recon! I hope you get it.
I did not apply for Penfed when I was in the mid 600s as I was hoping for a better SL. So I waited for until I get into the 700, and when I did, I pulled the trigger but get rejected for something else lol. Oh well.
I called and asked about rebuilder product... even a secured card and was told its 2 years for any negative event (inc. bankruptcy)
Good to know on the 2 years negative marks - this July 2019 will mark my 2 full years since discharge.
My recon with PenFed failed. Back to gardening....maybe?