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Penfed Power Cash Rewards Visa Signature Approved!

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patrick00032001
Regular Contributor

Penfed Power Cash Rewards Visa Signature Approved!

I have been a member of Penfed since 2010, today I pulled the trigger on their Power Cash Rewards card, instantly appoved for $25,000.00, APR is 14.49% and also offers 0% on balance transfers for 12 months! My Equifax Pinnacle 2.0 score according to their RBP form is 777, which is a tad higher than my Fico 8 score of 765, this makes my third card I have had with them, now I'm down to the Travel Amex and this one I was approved for. I debated on whether to get the Chase FU or this one, and I decided to pull the trigger on Penfed instead, which, now I'm glad I did! Also approved for a line of credit with Penfed for $25,000.00, applied for both! They also let you order a box of checks to access this line with! Loving me some Penfed today!

Discover IT $32,500, Chase Freedom $1,000.00, Sears Mastercard $10,000, Wal-Mart DC $10,000.00, Kohl's $3,000.00, Chase Slate $52,000.00, 3 Rivers FCU Platinum Mastercard $25,000.00, IU Credit Union $25,000.00, Penfed LOC $25,000.00, Fort Financial CU $15,000.00, Home Depot $22,000.00, Lowe's $20,000.00, Penfed Power Cash Rewards $25,000.00, PenFed Travel Amex $25,000.00, Value City Furniture $10,000.00, PNC Points Visa Signature $15,000.00, GM Buy Power card $5,000.00, BOA 123 Visa Siggy, $62,000.00, Citi DC $15,000.00, GM Extended Family $3,000.00, Fire, Police, City, County, FCU $10,000.00, TU 791, Eq 765, Exp 772

Message 1 of 6
5 REPLIES 5
Aduke1122
Senior Contributor

Re: Penfed Power Cash Rewards Visa Signature Approved!

Congrats on the wonderful approval OP
Message 2 of 6
AllCredit
Frequent Contributor

Re: Penfed Power Cash Rewards Visa Signature Approved!

Congrats on the approval! And...WOW on the SL!!!

Message 3 of 6
Anonymous
Not applicable

Re: Penfed Power Cash Rewards Visa Signature Approved!

congrats!!!

Message 4 of 6
Anonymous
Not applicable

Re: Penfed Power Cash Rewards Visa Signature Approved!

congrats! great CL and great card!

 

I applied a few week ago but they denied saying my total debt to avaiable credit and income was 'sufficient'... apparently 5k charges reporting on 180k available is too high. Everything is zero now so I will reapply once reports update.. also got a small raise so hopefully they will think better this time around Smiley Happy

Message 5 of 6
Anonymous
Not applicable

Re: Penfed Power Cash Rewards Visa Signature Approved!

Congratulations on both your new card and the CLOC!!! That is a "wow" moment on the CL for the card!!! All these approval posts are really making think about giving PenFed a try!

Message 6 of 6
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