Hey Fico Fam.
So I've had the PenFed Power Cash Rewards Card since October 2017 with a CL of $4000. They wouldn't raise it the one time I took a hard pull for it. And I've never had any offers on my account.
Well, I never really used the card because I had other 2% cards and I got tired of leaving $500 in their checking account and earning little interest. So, I closed out the checking account. The card was now 1.5%. I wanted to PC over to the Pathfinder because of the incidental airline credits, global entry, etc. But, as reported here, a PC means applying for the new card and moving the credit limit of the old card over.
Well, I bit the bullet and applied. My thought was, if I am not approved (which I knew I would not be), I would take the HP, close the card, my savings and move on from PenFed.
I applied over the phone. The guy comes back and says "Congrats-You've been approved for $15,000." I almost fell out of bed I was so stunned. I can't really remember the APR because my mind was like cotton candy. But I think it was 15.64 or something like that. I also got the the SUB offer which he says every member who is approved receives. Also, he sent a message to move the Cash Rewards limit to the PathFinder for a Total CL of $19,000.
They pulled EQ: 4 or 5 inquiries.
Fico EQ 8 - 721 Fico EQ 9 - 755
BK7 - a little over 5 years
AAOA - 8+ years
Decided to do it now bc the new Delta Plat and NFCU Flagship are not reporting yet. Happy with the outcome. And still very surprised.
BIG CONGRATS @ItsPossible on your PenFed Pathfinder approval, the AWESOME SL, and Thanks for the DPs!!!
Nicely played, IP. Congratulations!
I applied over the phone. The guy comes back and says "Congrats-You've been approved for $15,000." I almost fell out of bed I was so stunned.
Other than the great approval, my favorite part of this story is that you applied while you were in bed. Like, whichever way it went you were free to collapse, in jubilation or ennui, without fear of injury.