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PenFed PCR Visa $11,500 CLI ******Approved!

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AllZero
Mega Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!


@M_Smart007 wrote:

@AllZero wrote:

@M_Smart007 wrote:

Sorry @AllZero Smiley TongueCowboyGunSlinger.gif


Lucky number 3


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Message 21 of 44
Mahraja
Valued Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!

Congratulations @M_Smart007 .... keep it up Smiley Wink

 

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Message 22 of 44
CreditobsessedinFL
Established Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!

CONGRATULATIONS 🎉🎈🍾; officially WOWED  BY PENFED!!! 

Message 23 of 44
Mv350
Valued Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!

Congrats Smart!!!!!

Message 24 of 44
EverForward
Established Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!

Congratulations!!🎈🎉 

Message 25 of 44
bizarrocreditworld
Valued Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!

Congratulations on the CLI!

No credit news is good credit news!
Message 26 of 44
M_Smart007
Legendary Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!


@bizarrocreditworld wrote:

Congratulations on the CLI!


Thank You @bizarrocreditworld !

Be safe out there.

Message 27 of 44
Anonymous
Not applicable

Re: PenFed PCR Visa $11,500 CLI ******Approved!

Congrats on your PenFed PCR increase!

Message 28 of 44
Aim_High
Super Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!


@M_Smart007 wrote:

So while I had applied and was approved for a $11,500.00 CLI on PenFed PCR Card.

$33,500.00 + $11,500.00  >>>> $45,000.00 NEW SCL


Congrats, @M_Smart007!! Smiley Very Happy

Totally cool to get that high with PenFed!

Rumor has it that they were capped at $25K per card and $50K total but I guess you blew that theory out of the water! 

For data points, how long had it been since you opened the account, got a CLI, and what was rough monthly spend on the card to get that increase?


Business Cards


Length of Credit > 40 years; Total Credit Limits >$850K
Top Lender TCL - Chase 156.4 - BofA 99.7 - AMEX 95.0 - CITI 94.5 - NFCU 80.0
AoOA > 30 years (Jun 1993); AoYA (Aug 2023)
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
Message 29 of 44
M_Smart007
Legendary Contributor

Re: PenFed PCR Visa $11,500 CLI ******Approved!


@Aim_High wrote:

@M_Smart007 wrote:

So while I had applied and was approved for a $11,500.00 CLI on PenFed PCR Card.

$33,500.00 + $11,500.00  >>>> $45,000.00 NEW SCL


Congrats, @M_Smart007!! Smiley Very Happy

Totally cool to get that high with PenFed!

Rumor has it that they were capped at $25K per card and $50K total but I guess you blew that theory out of the water! 

For data points, how long had it been since you opened the account, got a CLI, and what was rough monthly spend on the card to get that increase?


Thanks @Aim_High Smiley Happy

 

Opened October 28 2019

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/WEIRD-Penfed-Power-Cash-Approval-33-500-00/m-...

 

I think I bough one rare gold coin at about $3300.00 and about $200-$300 gas and restaraunt spend.

I did have direct deposit and ACH transfers into Access America checking,

and Premium online Savings for just a little over $100K.

I did keep 99K in the Savings.

Not really any big spend on the card. I do qualify for the 2% cash back.

 

I think the capped hard limits are very much a "YMMV" type of thing with them.

 

 

Message 30 of 44
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