@Anonymous wrote:
@Anonymous wrote:
Thanks OP! Good information. The FTF was holding me back from applying for this card as I spend a great deal of time out of the country. This thread (and one other) lead me to apply for this card! Approved for $3K SL. Hope they are good about increases in the future!
i see that you already have that penfed 2% card. did you get paypal as a backup???
I applied for both within a couple of hours of each other. I applied for PenFed first because it is a great credit union and everyone here seems to love them. However, another MyFicoer has had good experiences with his Paypal card which lead me to thinking maybe Paypal should have been a viable opiton. I also thought about the $500 deposit for a checking account and the minimum redemption of $5 for PenFed that others have reported on here. Whereas, with Paypal I don't have to have a $500 deposit into checking and I can redeem for as little as 1 cent. Also, I was hoping my CL would be a little higher with Paypal. That didn't work out so well. Paypal was actually $1K less than PenFed.
But, I will use both of them. I will compare how they are with foreign transactions (I spend a great deal of time outside of the country), customer service and CLI. Depending on the results, one of them will be for my authorized user's primary use. The other one, will be for my primary use.
