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PenFed Power Cash Rewards APPROVED for 2nd card

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visorboy1974
Valued Contributor

PenFed Power Cash Rewards APPROVED for 2nd card

Was messing around on on the PenFed App and noticed that the Request Credit Limit Increase button had disappeared on my Power Cash Rewards card so I called to ask why.  The rep mentioned that threy were not giving increases at the time but they mentioned that it is allowed to have 2 of the same card so I applied for a second card.   APPROVED with a $12.5K limit.  Basically doubled my credit limit with them.    

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Message 1 of 15
14 REPLIES 14
MySunrise271
Established Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Congratulations on your Penfed Power Cash approval 🎉🎉🎉

Message 2 of 15
Gregory1776
Valued Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Did you ask / or did they give a reason why they're not granting CLIs?

 

I suppose I'll wait until 2026 to consider asking. If the relationship lasts that long.

AmEx BCP 30k & EveryDay 11.5K
Discover 27K
Wells Fargo AC 25k BILT 18k
Chase Amazon 23.5k
US Bank Cash+ 20K
Cash+#2 14.4K
Citi Simplicity 13.6K
Smartly Visa 17k SL PenFed Loan 2.9k/8k
Message 3 of 15
coreyb80
Super Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Congrats on the approval!

Message 4 of 15
cashorcharge
Community Leader
Super Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

That’s Terrific!! Congratulations on your Approval!!👏🏼🍾🥂

Message 5 of 15
Snook_on_the_Line
Established Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Congrats on your 2nd PCR approval

5% Gas: Citi Custom Cash 9.4k
5% Amazon: Chase Prime VS 15k
3% grocery and streaming: Cap1 Savor 2500
2% catch all: NFCU CashRewards+ 5k, USB Smartly 2k
Sock Drawer: Jovia Elite 25k, Suncoast CU 20k, Lowe’s 35k,
Barclays AAdvantage Aviator Red 3k, CreditOne 1k



^^^Fico8 scores as of Dec ‘24
Total Revolving CL: $118,900


Message 6 of 15
Rdbeetle
Valued Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Congrats on getting a second PenFed Power Cash Rewards card!

SchoolsFirst FCU Rewards WMC $25k
US Bank Cash+ $15k
AMEX BCP $10k
AMEX BCE $1k
FICO 8 Scores: EQ 797 I EX 793 I TU 793
Message 7 of 15
NoMoreDebt
Senior Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

congrats

AMEX CHARLES SCHWAB PLATINUM NPSL/ AMEX CHARLES SCHWAB INVESTOR CARD $25,000 CL/ AMEX MORGAN STANLEY BLUE CASH $5K CL/ AMEX GOLD NPSL / AMEX GREEN NPSL/ AMEX EVERYDAY PREFERRED $5000 CL/AMEX BLUE BUSINESS PLUS $5000 SL/ AMEX BLUE CASH EVERYDAY $18,000 / FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ PAYPAL CREDIT LINE $1700/NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL
Message 8 of 15
Jeffster1
Valued Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card

Congrats on the approval. 🎉

FICO 8 EX 829 EQ 824 TU 844
American Express Blue Cash Preferred 30K I American Express Blue Cash Everyday 20K I American Express Cash Magnet 5K I Bank of America Customized Cash Rewards Visa 20K | Kinecta MyPerks Rewards MC 35K | Wells Fargo BILT World Elite MC 30K I BMO Harris Cash Back MasterCard 12K | Capital One QS MC 12.5K I NFCU Flagship Rewards Visa 32K I NFCU Amex 28K | NFCU CashRewards Visa 20K I America First CU Cash Visa 20K I Citi Best Buy Visa 10K I Macy’s Amex 20K I Bread Financial American Express 10.5K I AAA Daily Advantage Visa Signature 8.5K I Saks Fifth Avenue World Elite MC 8.3K I JCPenney Mastercard 6K I UCLA Wescom CU Rewards Visa 7K I Pottery Barn Visa 5K I PayPal Cash Back Visa 9K I TD Bank Double Up Visa 5K I USBank Cash Visa 5K I
Message 9 of 15
visorboy1974
Valued Contributor

Re: PenFed Power Cash Rewards APPROVED for 2nd card


@Gregory1776 wrote:

Did you ask / or did they give a reason why they're not granting CLIs?

 

I suppose I'll wait until 2026 to consider asking. If the relationship lasts that long.


No real reason.  I just noticed the CLI button was missing.  The CSR seemed to know they weren't accepting CLI requests though.  

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
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