Re: PenFed Approval

Anonymous · ‎09-16-2018

Hey everyone.

I pulled the trigger last night and applied for the penfed power cash rewards credit card and was instantly approved for $9,500.00.

They pulled Equifax only. My current score is 724, 2 4 late auto payments on a paid off auto loan from 2 years ago and no other derogs.

I also tried applying for another credit card with them the next day but was told by a rep i would have to move money from my new card to fund the other one??? Is this normal? I declined to speak with an analyst.

Also got approved for a $10,000.00 line of credit, $28,000.00 auto loan and a $1,500.00 credit card via my local credit union "Truliant" all this week..... saying im excited would be an understatement!!!

MrDFinance · ‎09-16-2018

Wow congrats on the approvals... What a week!

Anonymous · ‎09-16-2018

Absolutely!! Thank you 😀

Anonymous · ‎09-16-2018

Congrats on all your amazingly awesome approvals!!

morgacj2004 · ‎09-16-2018

Congrats. Nice card. Yes it is normal for them to ask you to reallocate CL on a second card. They did this to me but I also have a 39.5k CL on my Plat Rewards. Lol

AX Hilton Aspire 20k, AX Bonvoy Brilliant 15k, AX BCP 2k, AX Blue Bus Cash 15k, AX Delta Air Platinum 49k, (AU) AX Delta Gold 15k, AX Amazon Prime Bus 25k, BC Uber 29k, AKUSA FCU -10k , CITI AAdvantage Exec World Elite MC 16.5k, Discover (2) 16k, Kohls-4k, VS Comenity $3k, BofA AK Air Siggy 9.8k, WF Propel AX 5k, JCP $10k PFCU Plat Rewards Siggy 39.5k, PFCU Power Cash Rewards AX 10.5k, NFCU Flagship 50k, CLOC 15k, CITI Costco 9.5k, GAP VISA Synchrony $9k,Target MC 9k, Ulta MC Comenity 9k, Pay Pal 1k, CO Venture One 23k, US Bank Radisson Rewards Signature 10k, US Bank Fred Meyers World MC, 11k, US Bank Plat VISA 15.7k, VS Comenity 2k, 240k total available credit. Utiliz-2%, Current FICO EQ-724, EX 763,TU 802 ,Chapt 7 BK D/C 11-2012. Starting scores 520-550