Joined PenFed yesterday!!

Anonymous · ‎01-03-2013

I was in the garden after getting my BCE, CSP, and Paypal Extras MC. I decided to join PenFed after reading about it in this forum. I also apped for their Cash Rewards credit card for the 5% back on gas. I was approved with a $20,000 dollar limit!!!!!!

Summary

Congratulations, your application has been approved.

Credit Limit: $20,000

jsickz32 · ‎01-03-2013

Congrats! How many inqs did you have when you applied?

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

Anonymous · ‎01-03-2013

@jsickz32 wrote:
Congrats! How many inqs did you have when you applied?

8 inquiries, but only 5 in the last 6 months.

jsickz32 · ‎01-03-2013

They pulled eq?

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

Anonymous · ‎01-03-2013

@jsickz32 wrote:
They pulled eq?

Yes they did pull Equifax. I was a little worried because I've opened a lot of accounts in the last 6 months. They didn't ask me for any pay stubs, although I was prepared to send them. It wasn't an instant approval because I have a fraud alert on my reports. After speaking with a CSR this morning, it was approved 5 minutes after. I logged in and had to electronically sign documents and that was it. The computer originally selected the $20,000 number, not me.

jsickz32 · ‎01-03-2013

Congrats again. I was denied with 4 inqs when i applied back in july.

Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)

Anonymous · ‎01-03-2013

Congratulations. Why cash rewards rather than Plat Rewards though? That gives 3% on groceries as well as the 5% on gas. (And unlike BCE, is uncapped)

Anonymous · ‎01-03-2013

@jsickz32 wrote:
Congrats again. I was denied with 4 inqs when i applied back in july.

What was the reason they gave?

Anonymous · ‎01-03-2013

@Anonymous wrote:
Congratulations. Why cash rewards rather than Plat Rewards though? That gives 3% on groceries as well as the 5% on gas. (And unlike BCE, is uncapped)

Hmmmm....good question. Do they let you switch? Since I just got the official approval it's not like they made the card already.

webhopper · ‎01-03-2013

That's a nice approval congratulations!

FICO 8:
Goal: Gardening!