cancel
Showing results for 
Search instead for 
Did you mean: 

List the Pentagon fcu cards in order of most "prime"

tag
Anonymous
Not applicable

Re: List the Pentagon fcu cards in order of most "prime"


@juniornj23 wrote:
No not me

It wasn't you but same idea

Message 11 of 27
B335is
Moderator Emeritus

Re: List the Pentagon fcu cards in order of most "prime"

Junior: are you already a Penfed member? If not, they will hard pull you for membership (which is required before you can have one of their cards). If approved for membership, you can apply for other products within 90 days usually and they will reuse that original hard pull. I'd get my foot in the door as a member, then apply for whichever card you want or find most useful.
Message 12 of 27
Revelate
Moderator Emeritus

Re: List the Pentagon fcu cards in order of most "prime"

Semi-off-topic but did Penfed drop their underwriting criteria?

 

Haven't paid attention but reading some siggy lines and thinking "huh?" when before I would've thought "no chance in hell" with Penfed UW?




        
Message 13 of 27
B335is
Moderator Emeritus

Re: List the Pentagon fcu cards in order of most "prime"


@Revelate wrote:

Semi-off-topic but did Penfed drop their underwriting criteria?

 

Haven't paid attention but reading some siggy lines and thinking "huh?" when before I would've thought "no chance in hell" with Penfed UW?


That really seems to be the case in the last 6 months. I was denied with a 790 Fico score a few years ago. They seem to be more willing to approve people with older negatives lately. 

Message 14 of 27
Anonymous
Not applicable

Re: List the Pentagon fcu cards in order of most "prime"


@B335is wrote:
Penfed cards have the same underwriting criteria. There is no easier one to get.

While I suppose the underwriting might be the same, there are different requirements for different products. I was declined for both the Platinum rewards and the Travel AMEX they offer. The Platinum requires a minimum 5K line which is why I was declined, not sure about the Travel card. I was approved for the Promise however with a 4K line.

 

Since they use the same HP it's not that big of a deal though imo, apply for whatever you want most, if it's denied then try another.

Message 15 of 27
juniornj23
Established Contributor

Re: List the Pentagon fcu cards in order of most "prime"

Wait how can someone be denied with 790 cs
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


Take the myFICO Fitness Challenge

CARD I want .
Chase Freedom and US cash +

Now back to the garden until 2020
Message 16 of 27
ojefferyo
Valued Contributor

Re: List the Pentagon fcu cards in order of most "prime"

Scores aren't everything

Amex Platinum, Amex Hilton HHonors Surpass, Chase Southwest Premier, Chase Marriott Rewards Premier, Discover IT, Sony Visa, Barclay Arrival+ MC, Cabela Visa, Walmart SC, Amazon SC, Kohls, Diners Club Premier, PayPal Credit, PenFed Platinum Reward Visa, PenFed PLOC, Chase Ritz Carlton, Citi TY Premier, Amex BCP, Discover Miles, Care Credit, Blue Nile SC, iComfort SC, Cap1 Venture, Chase Hyatt, Lowes, US Bank Cash+, Citi Costco Visa
Message 17 of 27
juniornj23
Established Contributor

Re: List the Pentagon fcu cards in order of most "prime"

Yes you right but let see someone with 790 I guess that doesn't have a collection account not late payment and UTL Lowe because those part are the one that weight more. So I guess is income vs obligation
Amex ED (2000) Amex BCE (2000) Amex macys (5000) Amex Gold , VENTURE (5000) MC PLATINUM (600) CAP QUICKSILVERONE (1250) CAP QUICKSILVER (4500) CAP QUICKSILVER (3500) PENFED AMEX (5000) PENFED CASH REWARDS (25,000) PENDFED REWARDS VISA SIGNATURE (20,000) UPROMISE (1000) NFL (4000) OVERSTOCK (2800) HSN (3200) DISCOVER IT(8500) AMAZON PRIME (10000) MARVEL(7000) BOF VISA(2000) BEST BUY VISA CITI (9000) BLISPAY (9000)Amex Magnet (10,000) Uber (3100)

WELCOME TO 100K CLUB . LAST APP 08/29/18 Credit Score 8 TU 720 EQ 705 EX 724

Starting Score: 640
Current Score: 720
Goal Score: 850


Take the myFICO Fitness Challenge

CARD I want .
Chase Freedom and US cash +

Now back to the garden until 2020
Message 18 of 27
B335is
Moderator Emeritus

Re: List the Pentagon fcu cards in order of most "prime"

Penfed used to be known to deny based on pyramiding debts, which is a fancy way of saying too many new accounts.  For years they were known to be more generous with established, clean reports.  So as others have said, even with a 790 Fico they didn't like my new accounts enough to give me a card (but they did approve membership).

 

If you really want one of their cards, you need to take the hard pull for membership regardless, but for the best chance get your reports clean first so when the membership is approved, they can also approve a card.  Otherwise you'll have to wait for the 90 day window to pass and take an additional hard pull.

Message 19 of 27
Anonymous
Not applicable

Re: List the Pentagon fcu cards in order of most "prime"

Pen fed declining people in the 800's and high 700's is not unusual . They also ask for pay stubs or 2 years w2's and employment verification in most cases . They are a pain in the butt . The easiest card to get is probably the promise . You better have all your paper work ready cuz they will ask for them 7/10 times .
Message 20 of 27
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.