Penfed approval

[Fico_Salamanca]

Congrats!

[CreditMagic7]

Congratulations on a PenFed New Approval!

[babygirl1256]

@Sbrav77 Congrats on your PenFed Power Rewards approval.

[Total80sKid]

Congrats on your PenFed PCR approval! 

[Anonymous]

I was thinking of going for PenFed since my EQ is clean and in the FICO8 in the 750s. Is it recommended to have a Checking or Savings? I have so many Checking/Savings that I am trying to avoid opening any new ones.

[AllZero]

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@Anonymous wrote:

I was thinking of going for PenFed since my EQ is clean and in the FICO8 in the 750s. Is it recommended to have a Checking or Savings? I have so many Checking/Savings that I am trying to avoid opening any new ones.

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@Anonymous   If you obtain the PCR Power Cash Rewards it is a 1.5% cash back card. It becomes 2% cash back if you meet the requirements.

In general, for CUs, to retain the CC product, you have to be a member with at least $5 in a shares account.

[Anonymous]

Thanks for the confirmation. I'll call them tomorrow to set that up because I had issues online.

[Demented1]

Congrats @Sbrav77 on your PenFed PCR approval...enjoy!

[wambeezy]

Congrats on your approval 🍾

[Anonymous]

I was approved for penfed platium after being turned down a coyple of times over the last few years. But i started getting snail mail pre approval. But just threw them away since i heard that they were useless. I was told to wait until you see and offer on your account. So thats what i did. But i was still reluctant because i just got a 53  cash back card for 11500. But i pulled the trigger got the 24 to 48 hour message. But they didnt pull my report until the next day and i was approved for a nice sl of 10000. I might chill now. I got a few other cards i might close out now. Amex i dont need anymore.