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PenFed new member, do they use the same hard pull for 30 days

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Knice86
Valued Member

PenFed new member, do they use the same hard pull for 30 days

I joined Penfed last week as a new member and applied for the Platinum cash rewards card, 5k SL.  I can see any ad or offer when I login to their portal for the gold card.  Wondering if the eq pull they took last week is good for 30 days and there would be no harm applying for a second card.

Message 1 of 7
6 REPLIES 6
AllZero
Mega Contributor

Re: PenFed new member, do they use the same hard pull for 30 days


@Knice86 wrote:

I joined Penfed last week as a new member and applied for the Platinum cash rewards card, 5k SL.  I can see any ad or offer when I login to their portal for the gold card.  Wondering if the eq pull they took last week is good for 30 days and there would be no harm applying for a second card.


Congratulations on your approval!

 

IIRC PenFed 30 day policy is no longer valid.

 

The ad on the top banner is marketing. In general, I would expect another HP inquiry for any credit/loan application. If timed properly, some members have gotten away with only the initial HP inquiry. If it's been at least a week since your approval then I think you may get another HP.

Message 2 of 7
CreditAggie
Community Leader
Super Contributor

Re: PenFed new member, do they use the same hard pull for 30 days

Congratulations on your PenFed approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (January 2025):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 3 of 7
gdale6
Moderator Emeritus

Re: PenFed new member, do they use the same hard pull for 30 days

Grats on your new PenFed approval Smiley Happy

Message 4 of 7
M_Smart007
Legendary Contributor

Re: PenFed new member, do they use the same hard pull for 30 days

Congratulations!

Message 5 of 7
blindambition
Senior Contributor

Re: PenFed new member, do they use the same hard pull for 30 days


@AllZero wrote:

@Knice86 wrote:

I joined Penfed last week as a new member and applied for the Platinum cash rewards card, 5k SL.  I can see any ad or offer when I login to their portal for the gold card.  Wondering if the eq pull they took last week is good for 30 days and there would be no harm applying for a second card.


Congratulations on your approval!

 

IIRC PenFed 30 day policy is no longer valid.

 

The ad on the top banner is marketing. In general, I would expect another HP inquiry for any credit/loan application. If timed properly, some members have gotten away with only the initial HP inquiry. If it's been at least a week since your approval then I think you may get another HP.


+1

There are current DP for single HP when applying for 2 cards in a single day, but not spread out.

Congrats on membership and approval!!!

Message 6 of 7
JoeLuvsHisCredit
Valued Contributor

Re: PenFed new member, do they use the same hard pull for 30 days

Congratulations

Message 7 of 7
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