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PenFed Power Cash Rewards Approval

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SouthJamaica
Mega Contributor

Re: PenFed Power Cash Rewards Approval


@MrsCHX wrote:

I am carrying a balance on NFCU and went to ask for $10k CLI (current limit $25k) and my request timed out. I thought, well, I probably shouldn't anyway, LOL! Then I popped over to PenFed (refi on my car and Gold card in March 2022) and wasn't surprised not to see the CLI button for the Gold yet. I apped for the Cash Rewards and THAT timed out too! The next day I saw the card listed in the app with a SL of $3,500! Fico9 is showing as 647.

 

I plan to wait until this card is like ~9 months old to ask for CLI on both. 

 

I also asked for CLI on Cap One and got a 7-10 day. Then I got the email that I was increased $1,800 to $2,300. 

 

But STILL no love on my Amazon card. It's only been 6 months so I'll give it time. Still at $800.

 


Congratulations on your approval, it's a great card.  Make sure to keep up with your direct deposit or minimum on the checking account, to keep the card at 2% cash back.

 

CLI's with PenFed are HP.

 

I don't know which Amazon card you have, but if it's Chase, they're HP too.


Total revolving limits 586020 (520820 reporting) FICO 8: EQ 699 TU 696 EX 692




Message 11 of 12
Credit4Growth
Senior Contributor

Re: PenFed Power Cash Rewards Approval


@MrsCHX wrote:

I am carrying a balance on NFCU and went to ask for $10k CLI (current limit $25k) and my request timed out. I thought, well, I probably shouldn't anyway, LOL! Then I popped over to PenFed (refi on my car and Gold card in March 2022) and wasn't surprised not to see the CLI button for the Gold yet. I apped for the Cash Rewards and THAT timed out too! The next day I saw the card listed in the app with a SL of $3,500! Fico9 is showing as 647.

 

I plan to wait until this card is like ~9 months old to ask for CLI on both. 

 

I also asked for CLI on Cap One and got a 7-10 day. Then I got the email that I was increased $1,800 to $2,300. 

 

But STILL no love on my Amazon card. It's only been 6 months so I'll give it time. Still at $800.

 


Congrats on your Power Cash approval and your Cap One limit increase!  🍻 

Message 12 of 12
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