Congratulations on your CLI!!!
@CreditCuriosity wrote:Congrats on your SP CLI. all depends when you joined whether a card is allowed to go above 50k, etc if you are "grandfathered" in... Also there are exceptions oto every rule as well and can be overridden if the right people get involved. Enjoy you nice new one card big limit! I have 30k on one and 12k on another and a 1k CLOC. I to have not wanted to take a HP to get to 50k max exposure with them so been waiting for the "offer" if it ever comes.
@CreditCuriosity Do you have any idea when the "grandfathered" in cut off date is? I had two car loan offers this time around and I am curious to know which side of this date I am on. Thanks.
@cashorcharge wrote:Outstanding Success @RicHowe
Congratulations on getting that done!
haha, only thing funnier would be if the gosh darn pen was BLUE
@nuohlac wrote:
@CreditCuriosity wrote:Congrats on your SP CLI. all depends when you joined whether a card is allowed to go above 50k, etc if you are "grandfathered" in... Also there are exceptions oto every rule as well and can be overridden if the right people get involved. Enjoy you nice new one card big limit! I have 30k on one and 12k on another and a 1k CLOC. I to have not wanted to take a HP to get to 50k max exposure with them so been waiting for the "offer" if it ever comes.
@CreditCuriosity Do you have any idea when the "grandfathered" in cut off date is? I had two car loan offers this time around and I am curious to know which side of this date I am on. Thanks.
My understanding @nuohlac is that the grandfathered in usually means they approved you for a credit card with a limit of over $25K before the policy, not when you joined PenFed. A couple of us got exceptions because a system glitch offered us higher limits even though they were reluctant to implement them without calling up and complaining to a manager. (I was offered extra $16.7K in June and just finally got them to add it to my $25K limit for total of $41.7K. But it took a lot of calls and going to higher levels.)
@Aim_High wrote:
@nuohlac wrote:
@CreditCuriosity wrote:Congrats on your SP CLI. all depends when you joined whether a card is allowed to go above 50k, etc if you are "grandfathered" in... Also there are exceptions oto every rule as well and can be overridden if the right people get involved. Enjoy you nice new one card big limit! I have 30k on one and 12k on another and a 1k CLOC. I to have not wanted to take a HP to get to 50k max exposure with them so been waiting for the "offer" if it ever comes.
@CreditCuriosity Do you have any idea when the "grandfathered" in cut off date is? I had two car loan offers this time around and I am curious to know which side of this date I am on. Thanks.
My understanding @nuohlac is that the grandfathered in usually means they approved you for a credit card with a limit of over $25K before the policy, not when you joined PenFed. A couple of us got exceptions because a system glitch offered us higher limits even though they were reluctant to implement them without calling up and complaining to a manager. (I was offered extra $16.7K in June and just finally got them to add it to my $25K limit for total of $41.7K. But it took a lot of calls and going to higher levels.)
Thank you for that information @Aim_High . I will continue to monitor my offers as they come in. This was my first time with offers online in the 18 months I have been a PenFed member. I had previously only received the pre-approved blank checks in the mail.