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PenFed 1Q Pre Approvals

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
Valued Member

Re: PenFed 1Q Pre Approvals

I have had a auto loan and their Platinum Visa card now for just over 6 months.  When I open the Platinum card they gave me a $5K Cl on the card I felt that it was low but was happy that I was able to do a used auto loan and the credit card on the same HP.  When I saw the thread going this morning I couldn't wait to log in to see what offers I might have.

 

What a shock I got when I saw them, it seemed that I probably had a offer for everyone of their products.  I took the CLI on my Platinum card of $45K bring my new limit to $50K.  I am very happy with this increase.

 

My FICO 9 score with them is 797.

Starting Score: EQ 659 TU 698 EX 701
Current Score: EQ 684 TU 782 EX 707
Goal Score: 750


Take the myFICO Fitness Challenge
Message 41 of 79
Contributor

Re: PenFed 1Q Pre Approvals

WOW, very nice, @startingover1!! Has your online account updated with the new limit? My score updated to 831 and I took my credit card to $35,400 today with my first “real” offers (aside from the loan ones) but it hasn’t actually updated in my account. I’m impatient so hoping it’s just the holiday and I can see it tomorrow, ha!
FICO 8 (as of 9/2018) | EX: 811 | TU: 819 | EQ: 836
Inquiries | EX: 2 | TU: 1 | EQ: 1

PenFed Promise Visa $35,400 | NFCU More Rewards Amex $25,000 | Macy's $25,000 | NFCU Go Rewards Visa Sig $24,300 | Citi Simplicity Mastercard $21,000 | Synchrony Home (Mohawk) $17,600 | NFCU CLOC $15,000 | Bank Americard Mastercard $14,100 | Citi Costco Visa Sig $12,300 | PenFed Gold Visa $11,000 | Discover It $7,500 | Citi Diamond Preferred Visa $6,000 | Kohl's $3,000

Message 42 of 79
Valued Contributor

Re: PenFed 1Q Pre Approvals

 

They like me enough to have given me $39.5K in CC but not enough to show me love.  They reported my FICO 9 score as 834.

(5/2019)
FICO 8 (EX) 790 (TU) 808 (EQ) 791
FICO 9 (EX) 829 (TU) 820 (EQ) 829

$800K+ club
Message 43 of 79
Frequent Contributor

Re: PenFed 1Q Pre Approvals

Question-- for those lucky ones who did receive the new 1Q pre-approval offers-- under your FICO score, does it give you a date of 12/4/2018?

 

For me, under the big score image and FICO score meter, it says, in smaller print:

 

"Your FICO® Score 9, based on Equifax data and pulled on 12/04/2018, is 761 and is the same score that PenFed uses to manage your account."

 

I am trying to determine if PenFeds pulls everyone on the exact same date each quarter for their quarterly offers. If so, then it may be unlikely that more scheduled quarterly offers will come later in the week as it may be the case that they do everything uniformly for everyone (soft pull credit same day each quarter, display offers same day).

 

Thanks!!

Message 44 of 79
Valued Contributor

Re: PenFed 1Q Pre Approvals

Looks like Im gonna have to wait til the start of baseball season for the next quarterly lottery Smiley Sad




3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>06/2019 CCT EX 829 TU 848 EQ 837
Thus will it come to pass. The Dying Leader will know the truth of the Opera House. The missing Three will give you the Five, who've come from the Home of the Thirteenth. You are the Harbinger of Death, Kara Thrace. You will lead them all to their End. End of line.
Message 45 of 79
Contributor

Re: PenFed 1Q Pre Approvals

Yes, new FICO has a date of 12/4.
FICO 8 (as of 9/2018) | EX: 811 | TU: 819 | EQ: 836
Inquiries | EX: 2 | TU: 1 | EQ: 1

PenFed Promise Visa $35,400 | NFCU More Rewards Amex $25,000 | Macy's $25,000 | NFCU Go Rewards Visa Sig $24,300 | Citi Simplicity Mastercard $21,000 | Synchrony Home (Mohawk) $17,600 | NFCU CLOC $15,000 | Bank Americard Mastercard $14,100 | Citi Costco Visa Sig $12,300 | PenFed Gold Visa $11,000 | Discover It $7,500 | Citi Diamond Preferred Visa $6,000 | Kohl's $3,000

Message 46 of 79
Valued Contributor

Re: PenFed 1Q Pre Approvals


@Revelate wrote:

Weird, we have 3 people in this thread alone with I know differing profiles all sitting on 790 with Penfed aka EQ FICO 9?

 

Much strangeness statistically!


Im at 793 as of 12/6/18. It went up to 824 as of 1/1/19. No offers. 

Ive been a member for a little over a year, auto loan with them, got pre-approvals for only one quarter, recently did get a loan check up to $25K at the lowest APR offered. I passed on that one.

 

 

American Express: Platinum Charge, Optima, Business Gold
Barclays: Arrival+ WEMC
Capital One: Savor WMC, Venture VS
Chase: Freedom U VS, CSR VI
Citibank: AAdvantage Platinum WEMC
Elan/US Bank: Fidelity VS
Credit Union: Rewards Visa
FICO 08: (5.16.19) EX: 792 / EQ: 822 / TU: 800
Message 47 of 79
Valued Contributor

Re: PenFed 1Q Pre Approvals

I checked a little while ago and had offers of $31.2K max for a CC--or $39.2K max for a new or used vehicle loan--and was in COMPLETE shock. If I took the CC offer as an increase on my existing $15K Promise card would the new CL be $46.2K or $31.2K? G-Man (mood)--where are you at?

BUSINESS
Rewards Pts.-Miles: UR-MR-TYP-Venture
Message 48 of 79
Community Leader
Super Contributor

Re: PenFed 1Q Pre Approvals

Credit-pimp, that means you're at the $46k on that CC now.😃
Congrats on the super fat increase!!
Message 49 of 79
Valued Contributor

Re: PenFed 1Q Pre Approvals

At this point, is it safe to assume logging in every 5 minutes is a waste of time?
Message 50 of 79