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Hooray, instantly approved for another Penfed card. Opened two cards with them (Gold and Platinum rewards on 8/11) with a EQ Fico score of 590. Proceeded with a balance transfer of all of my cards that had balances and interest between the two cards. Paid $100 automatically each week to interest free cards. Credit initially went down when high blanace transfer amounts showed up before statements closed and reported to zero. I received a creidt alert from EQ that it was back at 690 today so I took an extreme hail mary to app for another PenFed card to use as my personal daily driver and pay in full each month. Instant approval only 2 months in with them with nearly $8000 balance between the two balance transfer cards. Was approved for $5000 for the Visa - Power Cash Rewards Signature. Shocked!
Also received CLI for several account last month:
Apple 9/5/22 Increased from $3500-$5000
Bass Pro 9/7/22 increased from $400 to $500
Victoria Secret 9/7/22 increased from $300 to by $1100 first time I asked for love
Care Credit 9/7/22 increased from $6000-$10,000
Harbor Freight 9/7/22 increased from $1000 to $2500
Kohls 9/7/22 Increased from $700-$1500
@drochelle37 wrote:Hooray, instantly approved for another Penfed card. Opened two cards with them (Gold and Platinum rewards on 8/11) with a EQ Fico score of 590. Proceeded with a balance transfer of all of my cards that had balances and interest between the two cards. Paid $100 automatically each week to interest free cards. Credit initially went down when high blanace transfer amounts showed up before statements closed and reported to zero. I received a creidt alert from EQ that it was back at 690 today so I took an extreme hail mary to app for another PenFed card to use as my personal daily driver and pay in full each month. Instant approval only 2 months in with them with nearly $8000 balance between the two balance transfer cards. Was approved for $5000 for the Visa - Power Cash Rewards Signature. Shocked!
Congratulations on your approval.





























Congrats on your PenFed approvals . . . that's awesome!!!
Congratulations on your approvals!!
Congrats on the approval!
Congrats on the approvals.
Starting FICO 8s | 06/2018: EX 601 ✦ EQ 605 ✦ TU 590














Congrats! I think PenFed has (2) different UW'rs,
one that is generous and one that is stingy![]()
WooHoo!! Congratulations on your PenFed Approval!!👏🏼🍾🥂
Congrats on your PenFed Power Cash Rewards approval
