I opened my Penfed Power Cash Visa 7/3/18 and waited one month to hit the luv button (today). Automatically approved for a $500 increase from $6500 to $7000! I wasn't really expecting anything since the account is new, so I was pleasantly surprised. I even considered sending an SM recon to ask for $3000 more so I can hit the new member $10,000 cap, but quickly kiboshed that idea since I don't want to spook them. Will try another CLI in 31 days.
Good job, missliz. I have a new account with them as well and didn't know this was possible. Cool!
congrats! I think the conventional wisdom on here is that you need to wait 6 months with PenFed for a CLI. Obviously that was not the case for you. Can you tell us if it was a HP?
I haven't gotten an HP alert (and I generally get an immediate alert from all the monitering services I use,) but when I opened it I was told the HP would be good for 90 days, so I'm sticking with SP. I will update if that changes.
I enjoy hearing about others success with PenFed.
I never get offers or CLI from PenFed so I live vicariously through MyFicoers
Well, that's pretty amazing. Congratulations! I love PenFed!