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CC Offer from PENFED??

gorgon
Frequent Contributor

CC Offer from PENFED??

I just looked at USPS Informed Delivery, and apparently I'm getting a CC offer from PENFED today. I have never dealt with them at all, and only knew they existed from reading these forums. Is the mailer a normal thing?

Message 1 of 15
14 REPLIES 14
WavysMommy
Contributor

Re: CC Offer from PENFED??

Unless it says pre-approved, it's just a marketing mailer. I got the same thing on Saturday, but I'm a member.

Message 2 of 15
Peteyglad
Established Contributor

Re: CC Offer from PENFED??

I get a mailer from them every few months. I am not a memeber.

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Message 3 of 15
blindambition
Community Leader
Senior Contributor

Re: CC Offer from PENFED??

They seem to have ratcheted up their marketing offers recently. Nothing in marketing is guaranteed, but a pre-approval is more favorable, over say you've been selected, pre-qualified, any language of that sort.

Message 4 of 15
stRealT
Established Contributor

Re: CC Offer from PENFED??

I received one as well, I'm not a member however hubby is. I'm a authorized user on his cards, so I'm going to assume that's how they got me, the language is pre-approved and quotes a specific APR on the back, I checked their website and it shows a range of APRS on the main product page. I entered the acceptance page and it shows "no offers found". I'm going to leave it alone 😂

Fico 8 starting scores 09/27/15 EQ: 646 TU: 622 EX: 668 5 collections 1 PR reporting across the board
Scores 06/30/16 EQ: 685 TU: 699 EX: 695 1 collection now reporting on EQ and EX and 1 PR on EQ
Current scores 11/4/2016 EQ 688 TU: 705 EX: 736 No collections no PR/Judgements Finally Clean
Message 5 of 15
ImTheDevil
Community Leader
Super Contributor

Re: CC Offer from PENFED??

Got my mailer Friday, no affiliation with them ever. Preapproval for the Power Cash Rewards card with an approval code. I took it and got the card with an $8750 limit. Finished my account business with them today and am now a member with Access America checking, a savings account, and the PCR card. Painless and from my call to customer service today, I see their good reputation is so far well-earned.

 

Friend of mine at work got the same thing Saturday. She had to upload documents and is awaiting the ID verification completion.

 

If it says preapproved and has a code to accept the offer, it looks to be solid.



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Message 6 of 15
Chandler455
Established Contributor

Re: CC Offer from PENFED??

I just got this too, says pre approved with set apr, wonder if you accept is it sp like offers when you are a member already, do they give you the cl before you accept?

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Message 7 of 15
AverageJoesCredit
Mega Contributor

Re: CC Offer from PENFED??


@stRealT wrote:

I received one as well, I'm not a member however hubby is. I'm a authorized user on his cards, so I'm going to assume that's how they got me, the language is pre-approved and quotes a specific APR on the back, I checked their website and it shows a range of APRS on the main product page. I entered the acceptance page and it shows "no offers found". I'm going to leave it alone 😂


That about sums up PenfedSmiley Wink

Message 8 of 15
gorgon
Frequent Contributor

Re: CC Offer from PENFED??

The offer I received states that I'm pre-approved for a Visa Signature card with 17.99% APR, a $100 statement credit if I spend $1500 in the 90 days, and 12 months @ 0% on balance transfers for 12 months. I am going to stay in the garden.

Message 9 of 15
ImTheDevil
Community Leader
Super Contributor

Re: CC Offer from PENFED??


@Chandler455 wrote:

I just got this too, says pre approved with set apr, wonder if you accept is it sp like offers when you are a member already, do they give you the cl before you accept?


In my case, not being a member, I didn't get my limit until the pull was made. I can't speak to what happens if you're already a member...yet.



Platinum NPSL | Rose Gold NPSL | BCP | Delta Gold | Hilton Surpass | Hilton Honors | FNBO Prime Visa | PenFed PCR | Navy cashRewards | Navy Platinum | Apple | IT Cash | IT Chrome | GHSFCU Visa Plat | Quicksilver | Target | VS | Home Depot | Lowes | Sams MC | Firestone | Overstock | Kohl’s | Key Bank auto loan (2017 Audi A6 Premium Plus S-Line)





Message 10 of 15
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