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PenFed CLI $25,000

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Anonymous
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PenFed CLI $25,000

Just got the approval for another $5,000 on Plat Signature Rewards Visa! New limit is $25,000 (now my highest). Card is just barely 3 months old. Opened 9/23/16. This is the 3rd increase I've received. Original SL was $5,000. Got a $10,000 increase first week of October, $5,000 increase mid November! PenFed is AWESOME!

 

 

 

IMG_0180.PNG

Message 1 of 14
13 REPLIES 13
Anonymous
Not applicable

Re: PenFed CLI $25,000


@Anonymous wrote:

Just got the approval for another $5,000 on Plat Signature Rewards Visa! New limit is $25,000 (now my highest). Card is just barely 3 months old. Opened 9/27/16. This is the 3rd increase I've received. Original SL was $5,000. Got a $10,000 increase first week of October, $5,000 increase mid November! PenFed is AWESOME!

 

 

 

IMG_0180.PNG


Congratulations cashcorp1 ;-)

 

That is amazing.  You started out with $5K and are now at $25K.  *Wow*

 

Were there hard pulls for each of those increases?  And if you don't mind me asking, what is your APR?

 

Thanks in advance.

Message 2 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000


@Anonymous wrote:

@Anonymous wrote:

Just got the approval for another $5,000 on Plat Signature Rewards Visa! New limit is $25,000 (now my highest). Card is just barely 3 months old. Opened 9/27/16. This is the 3rd increase I've received. Original SL was $5,000. Got a $10,000 increase first week of October, $5,000 increase mid November! PenFed is AWESOME!

 

 

 

IMG_0180.PNG


Congratulations cashcorp1 ;-)

 

That is amazing.  You started out with $5K and are now at $25K.  *Wow*

 

Were there hard pulls for each of those increases?  And if you don't mind me asking, what is your APR?

 

Thanks in advance.


PenFed Hard Pulls are good for 90 days. When you join they HP EQ. Any CLI or additional apps are soft pulled for up to 90 days. Original APR was 13.24, they lowered it to 10.24 today. 

 

Based on your EQ score you'd probably get one heck of a starting line if you went for it!

Message 3 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000


@Anonymous wrote:

Just got the approval for another $5,000 on Plat Signature Rewards Visa! New limit is $25,000 (now my highest). Card is just barely 3 months old. Opened 9/27/16. This is the 3rd increase I've received. Original SL was $5,000. Got a $10,000 increase first week of October, $5,000 increase mid November! PenFed is AWESOME!

 

 

 

IMG_0180.PNG


Congratulations! I hope my Promise experiences a similar kind of growth. Though, I acquired the Promise on a recon with a $1,000 SCL. Foots in the door at least and the sky will eventually be the limit. Enjoy!

Message 4 of 14
Ysettle4
Valued Contributor

Re: PenFed CLI $25,000

 

769 INQs: 6774 INQs: 5764 INQs: 8UTIL: 2%AAoA: 5yr 8mosTotal Credit Line: $873,950
Message 5 of 14
One7
Valued Contributor

Re: PenFed CLI $25,000

Wow thats awesome. Congratulations

EX 810 EQ 805 TU 792 Diners WEMC 15k Chase United Club VS 15k | Hyatt VS 25k | Ritz VI 5k | Frdm VS 6k | CSP VS 5k | Mariott VS 6k | Amzn VS 16k Citi ExecAA WEMC 18k | TYP VS 7k | Costco VS 9k | Hilton Reserve VS 6k | Best Buy Visa 5k BofA Travel VS 30k | Cash VS 41k | Merrill+ VS 46k Barclay Rwds WMC 6k | Hawaiin WEMC 10k | JetBlue WEMC 8k | Aviator S WEMC 6k Amex Plat: NPSL | BCP 8k | SPG 3k WF Rwds VS 9k | Propel World Amex 25k | Dillards Amex 2k BBVA NBA Amex 10k Cap1 GM WEMC 8k | QS Visa 3k | Saks WEMC 9k NASA 30k Discover It 7k | US Bank Cash+ VS 15k | Flex Perks VS 20k ||| Total Rwds VS 12k | SG Rwds 11k | Walmrt MC 8k | Lowes 17k | Bowflex 9k | J Deere 15k | TJ Max 4k | Care 15k | HDepot 20k | Amzn 5k | PPal Extras 8k | Chvron 10k | Macys 15k | JCrew 18k | Marvel 8k | Stash VS 8k | Cabelas 10k | Statefarm 12k | Nordstrom Visa 10k \\\\Gardening since January////
Message 6 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000

Wow! $5K to $25K in three months - they sure love everything about you! Huge congrats - enjoy that magnificent CL! Happy Holidays! Smiley Very Happy

Message 7 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000

Well done! PenFed is one of my daily drivers and has become my favorite card. The rewards add up quickly and I love those, too. I also have the Promise card which is outstanding if you carry a balance. Again, congratulations!

Message 8 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000


@Anonymous wrote:

@Anonymous wrote:

@Anonymous wrote:

Just got the approval for another $5,000 on Plat Signature Rewards Visa! New limit is $25,000 (now my highest). Card is just barely 3 months old. Opened 9/27/16. This is the 3rd increase I've received. Original SL was $5,000. Got a $10,000 increase first week of October, $5,000 increase mid November! PenFed is AWESOME!

 

 

 

IMG_0180.PNG


Congratulations cashcorp1 ;-)

 

That is amazing.  You started out with $5K and are now at $25K.  *Wow*

 

Were there hard pulls for each of those increases?  And if you don't mind me asking, what is your APR?

 

Thanks in advance.


PenFed Hard Pulls are good for 90 days. When you join they HP EQ. Any CLI or additional apps are soft pulled for up to 90 days. Original APR was 13.24, they lowered it to 10.24 today. 

 

Based on your EQ score you'd probably get one heck of a starting line if you went for it!


Thanks for the info cashcorp1,

 

I am already a member of PenFed.  I've been a member for several years now.  So it sounds like if I were to app for a credit card, that it would be a hard pull, and then after that good for 90 days.  I am just trying my best to wait in the garden before shopping for any more cards.  I also have NFCU on my mind, and at the moment I am not a member of that CU.  Thinking about plastic with both PenFed, NFCU, and maybe either Amazon or AMEX.

 

Again congratulations to you ;-)

Message 9 of 14
Anonymous
Not applicable

Re: PenFed CLI $25,000

@FICOdeMio NFCU & PenFed were top on my list after reading a lot about them on the forum. NFCU I can't find a way in but most of the posts aboutt them are stellar. PenFed's HP policy is really unique. Since my HP expires soon I'm probably done with them for a bit. Had a very very big year. went from $3500 between 2 Capital One cards on Dec 31 2015 to $150,000 between 14 cards just a year later! Lots of new accounts so I'm focused on growing these limits and increasing my AAoA.

Message 10 of 14
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