No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I received one in today's mail for their Power Cash Rewards card. No prior experience with Penfed (positive or negative) ... had planned to be in the garden but getting this makes me (perhaps) reconsider that ... Chapter 13 closed two years ago (one year early), good experiences with existing cards (all PIF, no lates) ...
according to creditwise, four inquiries and eight new accounts in the past two years. cards and accts listed in the signature.
Good luck on what you decide
The PCR is a hot card right now. I got mine recently. On the other hand, I too got an email today advertising this card. It wasn't a pre-approval. More like an offering for members. The hate for Penfed around here seems to be at a time when they acquired a financially struggling CU and were tight with their lending.
8 new accounts is a lot but no one really knows what the outcome will be.
@hmxhmx wrote:according to creditwise, four inquiries and eight new accounts in the past two years. cards and accts listed in the signature.
How many new accts. in the last 6 Months and what is your Equifax FICO score like?
Also, how much Util on you cards?
They only use Equifax FICO 9 and they sent me a letter too and then shot me down. One day I might crack the PenFed code if I keep my account open with them.
this is, explicitly, a pre-approval . . . and it's not an offering for members since I've never been a member.
Pull the trigger, I wish I could get a PCR.
Good luck