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PenFed Gold approval x 2 - Prequal is accurate!

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Hut1
Established Contributor

PenFed Gold approval x 2 - Prequal is accurate!

It's time for a BT shuffle and out of the 9 cards I had, NO ONE had a BT offer. 😒 I'm definitely not interested in a new card, but there was no way I was going to pay 25% interest on $10K. NFCU was my hope since they don't have BT fees, but since that was a no-offer zone, I decided to look at PenFed. I saw the pre-qualify tool, put a temporary thaw on my credit reports and gave it a go for the Gold Card offer of 0% for 15 mos on a BT with a 3% fee. It said prequalified for $10K @ 17.99%, so I pulled the trigger and was approved for exactly that.

 

DH decided to also try and got a pre-approval for $15K @ 17.99% which turned into an approval

 

It appears the pre-qualify tool is accurate. Granted, I was required to log into my account before submitting, so not sure how accurate it would be for a non-member. 

 

Side note: The website process is either janky or there was a glitch in the middle of my app. It spun and spun without giving a decision, so I opened an incognito browser, logged into my PenFed account and saw that I had the approval before closing the window.

 

Double side note: I just looked as I was making this post and wouldn't you know, Chase now has an BT offer for my Sapphire. 🤦🏻‍♀️ I hate that 5% fee, though. 

 

Screen Shot 2024-02-04 at 10.14.57 AM.png

 

Triple side note: I just reached over $200K in available credit. Not bad for someone who never even owned a cc until 2019. 

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Message 1 of 16
15 REPLIES 15
sznthescore
Established Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Nice catch for you and DH, congrats on both approvals! 

P.S. Thanks for the DPs

REBUILDER CARDS




Goal: FICO 700+; (0) zero inquiries (7/2025)
Message 2 of 16
CorpCrMgr1
Frequent Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Congratulations! Congratulations! 2x's!!

Message 3 of 16
youngandcreditwrthy
Senior Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Love all the side notes...

 

@Hut1 notice how Chase Sapph is trying to get a 5% bt fee!!!!! Scammers! lol

 

Congrats..

 

Do you know what CRA they pulled?

 

Last time I applied for a Penfed card, I got denied witha 750 TU FICO. I think they pulled TU back then. 

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 4 of 16
Hut1
Established Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!


@youngandcreditwrthy wrote:

Love all the side notes...

 

@Hut1 notice how Chase Sapph is trying to get a 5% bt fee!!!!! Scammers! lol

 

Congrats..

 

Do you know what CRA they pulled?

 

Last time I applied for a Penfed card, I got denied witha 750 TU FICO. I think they pulled TU back then. 


They actually only pulled our EQ. 

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Message 5 of 16
BigBS
Senior Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Congrats on the approvals!

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

Message 6 of 16
KingRue8500
Senior Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Congrats on your & DH's PenFed Gold approvals




Message 7 of 16
EAT_SLEEP_JEEP
Valued Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

Congrats on the approvals

KEEPER EVERYDAY CARDS/ AMEX CHARLES SCHWAB PLATINUM NPSL/ AMEX GOLD NPSL / AMEX GREEN NPSL/ AMEX EVERYDAY PREFERRED $30,000 CL/ AMEX BLUE BUSINESS PLUS $5000 SL/ AMEX BLUE CASH EVERYDAY $6000 / FIDELITY REWARDS VISA $23,500 SL/ NFCU FLAGSHIP $38,000 CL/ NFCU MORE REWARDS $33,000 /

SOCKDRAWERED FNBO JEEP CARD $7700/ FNBO FORDPASS REWARDS $1000/ WELLS FARGO ACTIVE CASH $8200/ CAPITAL ONE QUICKSILVER $3000 SL/ APPLE CARD $6500/ / PAYPAL CREDIT LINE $1700
Message 8 of 16
youngandcreditwrthy
Senior Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

congrats again! Still sooOOOOO JEALOUS! This is like one of those cards that like no matter how hard I try or how high my score is.. I feel like I will never get. I got denied almost ten years ago when my score was near its highest 750-790 across. heh. I need to work on breaking 800 lol

 

CONGRATS CONGRATS CONGRATS!!!!! EEEEE

Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 9 of 16
TekkenQQ7
Established Contributor

Re: PenFed Gold approval x 2 - Prequal is accurate!

 Congratulations!!!!!!



Message 10 of 16
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