That’s a very sweeeet approval! Congratulations! Seems Penfed’s been watching this forum and saw all those 🍏 approvals and decided to join the crash the party!
Awesome Approval @scm165! $20k is a very healthy limit with a 705 but we're not here to question it, RUN WITH IT!! I'm a big fan of PenFed. You got a great SL and nice APR - keep at it!
Congratulations on the approval! I applied today for the same card after receiving a pre-approval in the mail. Filled everything out online and hit send. The message came back to me that to finish my application I would need to call their toll free number. I called and was asked the basic questions they all ask, birthdate, phone number, SSN, etc...the CR asked for the pre-approval offer code and I gave that to him and he put me on hold for about 3 minutes. Came back on and told me that he was having an issue with inputing the pre-approval code and that it would take about 24 hours to straighten out. CR said he'd call me back when the problem's solved. Curious if anyone else has ever run into the same thing. Nothing in my credit file jumps out....oldest account is aged 24 years, 735 to 750 FICO, 100% payment on time, 4 inquiries, no derogs at all, solid work and income history. Guess I'll find out in 24 hours or less what the issue is.
Awesome and congrats! I think Penfed is relaxing a little lately. They gave me a 10k CLI and instant approval on the PC for 15K recently.