PenFed SP CLI to $43,900!!!

credit_is_crack · ‎02-07-2019

Got another little nugget to share!

I've been with PenFed a few years now (since 2015) and the struggle is real! LOL PenFed offers SP options every quarter. Sometimes I get squat and other times I get quite a bit. I usually get the New/Used Auto/Boat/Other Vehicle loan options and from time to time I get card offers as well. I currently have a PenFed Plat Rewards VS at $5,000 and a PenFed Amex at $23,000.

A few days ago my offers updated and they had a $20,900 option for all of their cards. I decided to jump on it and I've increased my PenFed Amex to $43,900!! I'm digging the fact that this didn't require any HPs. I've thought about closing the $5k card and rolling the limit over, but I'd be losing one of my oldest cards in the process - not sure if I'm ready for that seperation anxiety yet I noodle on this for a few months probably but for now I think I'll leave this setup as is.

Between my two most recent increases (PenFed to $43,900 and Navy to $59,000), I'm feeling pretty solid

$27,000 USAA Preferred Cash Rewards Amex

$6,500 Marriott Premier Plus Business VS

Marz2002 · ‎02-07-2019

CONGRATULATIONS on the MASSIVE CLI!!!

credit_is_crack · ‎02-07-2019

@Marz2002 wrote:
CONGRATULATIONS on the MASSIVE CLI!!!

Thanks Marz!

Meanmchine · ‎02-07-2019

@credit_is_crack wrote:
Got another little nugget to share!

A few days ago my offers updated and they had a $20,900 option for all of their cards.

Great now Im gonna be checking my Penfed for offers everyday day for a week

Congrats CIC !

>3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>5/2023 All 3 reports 840ish (F8) F9s = 850 but my app finger is still twitching

AverageJoesCredit · ‎02-07-2019

Can i have a sniff of your credit?

. Insanity

. Congrats

credit_is_crack · ‎02-07-2019

@Meanmchine wrote:
@credit_is_crack wrote:
Got another little nugget to share!

A few days ago my offers updated and they had a $20,900 option for all of their cards.
Great now Im gonna be checking my Penfed for offers everyday day for a week

Congrats CIC !

I am the same way. I see other posts and I'd start stalking their website lol

credit_is_crack · ‎02-07-2019

@AverageJoesCredit wrote:
Can i have a sniff of your credit?. Insanity. Congrats

LOL - It is crazy! To think just a few years ago I was fighting to get anything approved, and now I'm fighting off the banks as they just keep throwing money at me. I wasn't always here so I feel totally blessed to finally be in this kind of position. But I won't short change myself, I didn't just "land" here - I had to bust my hump to get it, but it's sooo well worth it

Jnbmom · ‎02-07-2019

Wow congrats

I just checked to torture myself yet again. Turbo tax still rocking 😂😂😂😂

EXP 780 EQ 791TU 795

CramEiko · ‎02-07-2019

@credit_is_crack wrote:
@Meanmchine wrote:
@credit_is_crack wrote:
Got another little nugget to share!

A few days ago my offers updated and they had a $20,900 option for all of their cards.
Great now Im gonna be checking my Penfed for offers everyday day for a week

Congrats CIC !
I am the same way. I see other posts and I'd start stalking their website lol

+ 2 I guess..... lol

Updated Feb 2023:
Citi Double Cash: $26,300
Citi Costco: $33,800
PenFed Power Cash: $50,000
Chase Freedom Unlimited: $33,400
NFCU Cash Rewards: $29,000
BoA Unlimited Cash: $99,900
Wells Fargo Active Cash: $50,000
Citi AAdvantage Executive: $30,500
Wells Fargo Mortgage 30yr fixed 3.625%

Business Cards:
BoA Business Advantage Unlimited Cash: $8,000
Chase Ink Business Unlimited: $75,000
Chase Ink Business Unlimited: $75,000

RIP: EECU PLOC | BBVA PLOC | Chase SP | Chase Amazon | Chase Freedom | WF Propel | Cap1 QS | AMEX Gold | BoA Custom Cash | Lowes | Barclays Aviator Red