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!
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
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!