@Anonymous wrote:
I applied for a membership with PenFed on 10/01. I had read that some were able to use the same hard pull for membership and for a credit card application. I did apply for the PenFed Power Cash Rewards Visa Card right after applying for membership. Unfortunately they did do a second hard pull. I'm not that worried about it, as I was in fact approved! I was not expecting it at all! I did not get the final approval until earlier today, due to waiting for the initial $5 to be transferred to PenFed.
$3500.00 Credit limit
17.99% variable APR (Annual Percentage Rate)
They obviously pulled Equifax as expected. I do have a few negatives on my credit report still including CO and Collections. I also have a decently high utilization currently. Out of curiosity, what kind of SL do PenFed usually grant new members? I am a "PenFed Honors Advantage" member, so I will be getting 2% on all purchases.
That was a very nice pull :-)
Congratulations on your approval.
I am a PenFed member from about 30 monrhs
ago and I started with 6K am now at 30K
Much luck to you,
Cheers
