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PenFed Gold CLI

heirophant
Established Contributor

PenFed Gold CLI

Just applied for a CLI because I never get preapprovals from PenFed anyway on the quarterly offers.  Nice bump.  $7,500 to $12,500. 

 

Now the question, I have the highest interest rate.  Think if I call them, they can use that inquiry to lower my interest rate?  My credit score is significantly higher now, with no baddies and BK13 has fallen off.  I initially was approved for the card just after discharge, so it was showing.  Anyone had success lowering their interest rate?

Scores: TU (FICO8): 778, EQ (FICO8): 788, EX (FICO8): 793

In my wallet: Fidelity Rewards Visa Signature: 8,500 | PenFed Visa Gold: 12,500 | Apple Card: 6,000 | Lowe's: 35,000 | Northern Skies FCU Platinum: 1,500 | Credit One Platinum: 1,850 | Kohls: 3,000

Mortgage 11/20
Message 1 of 16
15 REPLIES 15
coreyb80
Senior Contributor

Re: PenFed Gold CLI

Congrats on the nice bump!

Message 2 of 16
KingRue8500
Valued Contributor

Re: PenFed Gold CLI

Congrats on your PenFed Gold CLI



Message 3 of 16
babygirl1256
Valued Contributor

Re: PenFed Gold CLI

Congrats on your PenFed Gold CLI.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 4 of 16
M_Smart007
Legendary Contributor

Re: PenFed Gold CLI

 

Congrats on your PenFed CLISmiley Happy

 

They are not known for reducing APR's,

Having said that, give them a call?

The answer is NO, until you ask!

Message 5 of 16
CreditAggie
Community Leader
Super Contributor

Re: PenFed Gold CLI

Congratulations on your PenFed Gold CLI!

Current Cards (in order of approval):

            
Current FICO 8 | 9:  
Credit Age:  
Inquiries (6/12/24 M):  
Banks & CUs:                           Goal Cards:
                
Message 6 of 16
OmarGB9
Community Leader
Super Contributor

Re: PenFed Gold CLI

Congrats, but I don't think I've ever heard of a Penfed interest rate reduction. 


Last App: 07/21/2022
Dover Cashback Mastercard

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 7 of 16
805orbust
Valued Contributor

Re: PenFed Gold CLI

Congratulations on your CLI. I "think" it was @OmarGB9  who told me that the Gold maxes out at $12,500... We've been talking Penfed ad nauseum for the last few days Smiley Happy


 


Message 8 of 16
Stealth-1
Frequent Contributor

Re: PenFed Gold CLI

Congrats on the nice CLI.




"If you don't stand for something, you might fall for anything."
Message 9 of 16
CreditMagic7
Super Contributor

Re: PenFed Gold CLI

Useful increase by PenFed. Keep it going!!

Message 10 of 16
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