I beg to differ. There are plenty of company's or credit card lenders who could cancel your accounts for various reasons regardless how much you can or do spend monthly. Chase, Amex, Barclays, etc have closed accounts of big spenders for reasons ranging from perceived fraud, too many accounts, to reasons we will never know. We are but numbers to big companies/ lenders/ credit unions and as soon as we dont add up to their bottom line, theyll cut ties faster than i can say Lolwut
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Penfed really has hit bottom. Id rather join Credit One, at least i know what im capable of receiving
.Penfed really has hit bottom. Id rather join Credit One, at least i know what im capable of receiving
Thank you. Im sure my card will swipe faster than anyone else's
It even says Nascar🙋♂️
It even says Nascar🙋♂️
Because I wanted to ensure I gave everyone the right info, I called again and sure enough it is true 
Only $25k max on any card. Rule was changed in March. Doesn't matter if moving CL or getting a CLI...only $25k max.
@CreditCuriosity wrote:Strange as my penfed is higher than 25k... guess existing people are grandfathered in? Seems like a big and recent change if indeed true.
Don't know CC, I hope so....Last month I received an email from PenFed, that said my two cards combined was over $50K, Path was $35K and PowerC was $25.5K. They said let us know which to cancel or lower limit so both cards are under 50K total...... I dumped $15K off Path and it was done in about a week....SO I am under the $50K BUT PowerC still has $25.5K I am guessing we are grandfathered....BUT could get an email from them about lopping off the $0.5 on PowerC....LOL
