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PenFed double dip. Both approved

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Cashbackjunky
Established Contributor

PenFed double dip. Both approved

Hey all,

 

As I said in my Plat approval thread, I was approved for the Plat on Sunday night/Monday morning for $12,500 @ 17.99%.

 

I decided to use that EQ pull to go for the Power Cash as well during the day on Monday. The app went to review and later I realized it was because the savings account they automatically opened for me, in order to approve the Plat, was at a negative $5 balance. 

 

For the life of me, I couldn't get my bank to link, therefore I wasn't able to deposit funds. And they were closed due to the holiday. 

 

I was planning to call this morning but decided to check my account first. The balance was no longer negative (I didn't deposit the $5 though) and my Power Cash was approved for the same SL and APR as the Plat.

 

Overall a very successful HP. These (2) new accounts put me so close to $400k total credit.

 

$23,700 in CLI's in the last month and these (2) approvals. Safe to say I'm off to the garden... For REAL this time.

 

Cheers!

AmEx Blue Cash Preferred - $20k | | AmEx Cash Magnet - $20k | | Apple Card - $29k | | BofA Customized Cash - $96k | | BofA Customized Cash - $25k | | BofA Unlimited Cash - $30k | | CapOne Quicksilver - $16.25k | | CapOne Venture - $30k | | Chase Amazon - $26.7k | | Chase Freedom Unlimited - $24k | | Chase Freedom - $16k | | Chase Freedom Flex - $41k | | Citi Custom Cash - $17.9k | | Citi Rewards+ - $15.4k | | Discover It Cash Back - $18k | | Discover It Cash Back - $21.3k | |Discover It Travel - $14.5k | | Elan Max Cash Preferred- $15k | | PayPal Cashback Mastercard - $20k | | PenFed Platinum Rewards Visa Signature - $12.5k | | PenFed Power Cash - $12.5k | | Synchrony Discount Tire Card - $25k | | Wells Fargo Autograph - $25k
837 INQ:
2
836 INQ:
3
825 INQ:
2

TCL: $571.05k CCs:23 AAoA: 6yr 1mo Util: ~1% Derog: 0

Mortgage: $215.1k Sonata Lease: $1.3k Palisade: $23.8k
Message 1 of 21
20 REPLIES 20
Stealth-1
Established Contributor

Re: PenFed double dip. Both approved

 Congrats on the PenFed double card approvals! Those are the best. 👍👍




"If you don't stand for something, you might fall for anything."
Message 2 of 21
cashorcharge
Community Leader
Super Contributor

Re: PenFed double dip. Both approved

Woohoo!  Congratulations on both your PenFed approvals!!🎉🍾🥂

Message 3 of 21
KingRue8500
Senior Contributor

Re: PenFed double dip. Both approved

Congrats on your PenFed Power Cash Rewards approval




Message 4 of 21
Priory_Man
Valued Contributor

Re: PenFed double dip. Both approved

Congrats on the double dip and the outstanding total credit limit.






"Total revolving credit $286,000 Current UTIL >1%"
Message 5 of 21
SDMarik
Established Contributor

Re: PenFed double dip. Both approved

Congrats on the PenFed double approval!



"When prosperity comes, do not use all of it"
Message 6 of 21
SUPERSQUID
Valued Contributor

Re: PenFed double dip. Both approved

CONGRATS!!!!!

I thought of apping for a 2nd card when i got the pcr but penfed cards come with a bt offer and basically one would be wasted. so i got my first card in december and my second card in august, downside 2 seperate hp's, upside 2 very timely bt's zero for 15 months.

{ BK7 DC 12/2019 } target 1600/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017
Message 7 of 21
Cashbackjunky
Established Contributor

Re: PenFed double dip. Both approved


@SUPERSQUID wrote:

CONGRATS!!!!!

I thought of apping for a 2nd card when i got the pcr but penfed cards come with a bt offer and basically one would be wasted. so i got my first card in december and my second card in august, downside 2 seperate hp's, upside 2 very timely bt's zero for 15 months.


Nice move! If I had the need for extended BT, that's what I'd do.

 

Luckily, I just really wanted these cards to age at the same time and to start a relationship with PenFed

AmEx Blue Cash Preferred - $20k | | AmEx Cash Magnet - $20k | | Apple Card - $29k | | BofA Customized Cash - $96k | | BofA Customized Cash - $25k | | BofA Unlimited Cash - $30k | | CapOne Quicksilver - $16.25k | | CapOne Venture - $30k | | Chase Amazon - $26.7k | | Chase Freedom Unlimited - $24k | | Chase Freedom - $16k | | Chase Freedom Flex - $41k | | Citi Custom Cash - $17.9k | | Citi Rewards+ - $15.4k | | Discover It Cash Back - $18k | | Discover It Cash Back - $21.3k | |Discover It Travel - $14.5k | | Elan Max Cash Preferred- $15k | | PayPal Cashback Mastercard - $20k | | PenFed Platinum Rewards Visa Signature - $12.5k | | PenFed Power Cash - $12.5k | | Synchrony Discount Tire Card - $25k | | Wells Fargo Autograph - $25k
837 INQ:
2
836 INQ:
3
825 INQ:
2

TCL: $571.05k CCs:23 AAoA: 6yr 1mo Util: ~1% Derog: 0

Mortgage: $215.1k Sonata Lease: $1.3k Palisade: $23.8k
Message 8 of 21
Conceptual23
Frequent Contributor

Re: PenFed double dip. Both approved

Congratulations on the dual approvals. 

Starting FICO 8s | 06/2018: EX 601 ✦ EQ 605 ✦ TU 590
Current FICO 8s | 9/2022: EX 732 ✦ EQ 739✦ TU 743
2023 Goal Score: 760+





Business Cards:


Message 9 of 21
babygirl1256
Senior Contributor

Re: PenFed double dip. Both approved

Congrats on your PenFed approvals.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 10 of 21
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