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Just became a PenFed member, got approved for a $5,000 Power Cash Rewards. Does this card grow? Or is it like NFCU where your 2nd card gets the bigger starting limit? PenFed stated my Equifax pull was a 705.
@CashBackQueen wrote:Just became a PenFed member, got approved for a $5,000 Power Cash Rewards. Does this card grow? Or is it like NFCU where your 2nd card gets the bigger starting limit? PenFed stated my Equifax pull was a 705.
Congrats for the approval. It will grow. My PCR started with $17,500 after 6 months it was increased to $25,000. My second approval with them was for $12,500.
I know you can ask for CLI after six months.
What the success rate might be and how big those increases might be, I have no idea.
Curious to see what others have to say about this.
@AllZero wrote:Congratulations on your approval!
Consumer initiated CLI request are EQ HP.
Depending on profile, if you are fortunate, PenFed periodically offer SP new cards or CLI.
I never got a HP for my request.
@Anonymous wrote:
@AllZero wrote:Congratulations on your approval!
Consumer initiated CLI request are EQ HP.
Depending on profile, if you are fortunate, PenFed periodically offer SP new cards or CLI.
I never got a HP for my request.
Nicely done. I do recall your original post. I think you dodged a bullet there.
Congratulations
Congratulations on your approval!!
Congratulations on your PenFed approval!