Hey Guys,
Well today I'm going to report some great news.
I'm SUPER impressed with PenFed and they just won my business. So I called this morning and spoke with a really plesant rep. She informed me I could use the same report because the pull for my HELOC with them was stll recent (you guys were correct) so I said let's go for their best card, PenFed Platinum Rewards Visa Signature card.Here was the result.
INSTANT APPROVAL! And this was off the same credit pull as the HELOC. But wait for it because it gets even better. I also have a personal line of credit with them. Limit was $5,500. I asked if we can get it raised from that same pull and she said YES! Put me on hold and came back with a new total credit line of $10,000!
So 2 new credit products without a new credit pull. I have to say that's pretty freakin' awesome. Additionally, although not my highest limit card, this is the highest limit I've ever received off an instant approval. It's generous. I usually have to build the relationship with the bank first before getting these type of limits. I'm very happy with PenFed and recommend them.
My new favorite credit union!
Thanks for all the kind comments guys. I appreciate them.
For those who love my score, here's how I obtained it:
1 - I never, ever, ever missed a payment on any account and I have many accounts, upwards of 2 dozen at this point. Everything is tracked in a spreadsheet by my assistant and all accounts are checked monthly. This means no blemishes.
2- I pay most accounts off before the statement closes each month so the previous balance doesn't report.
3- I keep credit utilization low on all the revolving accounts, I was told by my mortgage broker the ideal ratio is under 10%.
4- I have a good mix of credit accounts, which includes many revolving accounts, mortgage and installment loans.
5- In order to build credit, you need to use it. I use credit often but responsibly.
I take my credit very seriously because when used properly, it's a powerful financial tool.
Uncle Money
Absolutely awesome!! I knew you would do well. I am glad you called to insure you were not hp again!! Congratulations 
WOW! Welcome to the PenFed family
wow.. grats OP.
