I know I'm late to this party but congrats on the increase. Just from all the reading I've been doing on here the last few weeks, that's the lagest CLI boost I've witnessed being reported.
@Anonymous wrote:
Backstory, about 1 year ago I applied for the PENFED power cash card and was given a modest 3k spending limit. About 5 months ago I applied for a CLI and was bumped up to 10k. I forgot to make my payment this month and was 1 day late (I know, I know.. stupid me). While I was on the website paying my balance, I decided to do the CLI just for laughs. They gave me a 40,000 $ increase to 50,000$ ... I was so shocked I had to take a screenshot... is this normal? They didnt ask for tax returns or W2 or anything. Will they ask for tax returns or W2? My highest credit limit is the 10k PENFED and second highest is 10k discover.
Screenshot below:
https://imgur.com/a/P8FJZ87
WOW!
That is very encouraging!
Congrats!
Congrats. That's unprecedented even for Penfed. Was it an instant approval or did it get sent to a loan officer?
@Anonymous wrote:
Backstory, about 1 year ago I applied for the PENFED power cash card and was given a modest 3k spending limit. About 5 months ago I applied for a CLI and was bumped up to 10k. I forgot to make my payment this month and was 1 day late (I know, I know.. stupid me). While I was on the website paying my balance, I decided to do the CLI just for laughs. They gave me a 40,000 $ increase to 50,000$ ... I was so shocked I had to take a screenshot... is this normal? They didnt ask for tax returns or W2 or anything. Will they ask for tax returns or W2? My highest credit limit is the 10k PENFED and second highest is 10k discover.
Screenshot below:
https://imgur.com/a/P8FJZ87
I like how PenFed tells its cardholders what to do to get a CLI. 
Ummm wow!... Looking forward to My First Increase on my PenFed lol
Congrats ... Winninnnngggg!
