Received a pre-approval offer in the mail from Pen Fed for their Power Cash Rewards. Wasn't planning on applying for any cards for a while since my feelings were still hurt from Navy FCU not increasing my $20k limit. I figured what the hell, I'd apply and see what I'd get approved for. I was pleasantly surprised and it was instant. My Equifax score was 786 at the time. I had to call in because of identity verification. They just wanted my DL, copy of social, and a utility bill. When I called and spoke to
the rep, I asked about applying for another credit card using the same pull. I was told that I would get declined because $25k was their limit on credit cards. She did tell me if opened a checking account and kept $500 as my balance, I'd get 2% cash back instead of 1.5%. She also told me about a promotion for new members. I had to deposit stimulus money of $1,200 and use my debit card 5 times, and I earn $200. No brainer. Just use my debit card 5 times for $10, and bam 💥 $200. I did also apply for a separate personal line of credit too. Waiting to hear back. Stay tuned.
Congratulations on your approval!
Congratulations!! 
Congrats! on a sweet approval. 25k Wow
@kjonesjr00 Super Congrats on your Penfed Power Cash Rewards $25,000 approval! 
If PenFed sent you a preapproval offer via snail mail, then they've had their eye
on you for quite some time now. Getting the max 25k limit right out of the gate
is quite the accomplishement indeed. I also noticed they didn't ask for proof of income.
Just your DL, SSN card and utility bill. With a 786 EQ9 I'm sure that played a factor.
Congrats again on your success. Thanks for sharing!