PenFed Power Cash Visa Vs. Visa Signature

[Arcreactors]

I was approved recently for a PenFed power cash card with a $3500 SL. This was of course the regular Visa card. The signature version starts at minimum with a $5000 limit as I've read.

My question- There are some benefit differences from visa, but what about limits? By having the "regular" Visa, will this card have a lower high limit or smaller increases as compared the the signature version? 

will they eventually swap me to a signature or am I locked in. If there are no high limit or increase differences then it would not matter to me either way?

Thanks!

[cashorcharge]

Typically @Arcreactors a Visa Signature starts at $5K CL

Other than the benefits associated, you should not see a "lower limit" or smaller CLI's because it's not a signature card. 

The MAX CL that PenFed gives on the PCR is $25K and most if not all CLI's are HP.  PenFed will begin to review your account at the 6 month mark to provide CLI's and if you don't receive an "offer" you can certainly request one as long as 6 months have passed.

I am not certain if they will "upgrade" you should your CL go above the $5K threshold.  That may require you to "request" it as I don't know that they would automatically do that, though I could be wrong.

[Bradac56]

A Visa Signature card has nothing to do with Pendfed it's a benifit perk from Visa and I doubt PenFed would upgrade to it as they pay for those features.  More than likely you would need to open a new card for it.

Here is a breakdown of card service features:  https://wallethub.com/edu/cc/visa-vs-visa-signature/52562 

[disney2]

If you get a CLI to put you over the $5000 mark, you should be upgraded to the signature.  Mine did when it went over the original amount of $4500.

[Arcreactors]

Nice, I will keep up with it and see if they upgrade once i get CLI above 5k! 

[emanuelr1b]

Glad you posted your question. I was just approved for the PenFed Power Cash Reward VISA with the same $3,500 credit limit. I wondered the same about the VISA vs Signature VISA.

Hopefully, in 6 months, I can be upgraded to the VISA SIGNATURE. My Equifax FICO 9 score was 712, at the time of approval but I had a few baddies on my credit report.

I had just been approved for a Discover It Cash Back the week before with a starting credit limit of $6K.

[Arcreactors]

Nice! Now we both know! Congrats!