PenFed Premium Travel Rewards with AmEx APPROVAL!!!

[jla84]

Got an email saying I'm approved upon income verification for $5000! The email ended up in my spam folder, so thank God I checked it today! lol. 

My 2010 AGI income on my tax return is significantly lower than what I'm making now (got my current job last October), do you think that will be a problem? Will be sending my two most recent paystubs along as well so it won't look like I lied about my income. Will be calling PenFed customer service soon just to verify that won't be an issue. 

Was approved for Discover Miles this morning as well. It's been a good day!

[mxp114]

Congrats and I think your documentation should be fine. You could always call to ask if they need additional documentation to verify. Good luck.

[jla84]

Nevermind! Just called and they said if I'm not self-employed then all I need are the 2 paystubs! Yay!

[Anonymous]

Congratulation! Once this account hit 6 months old you could try requesting CLI to 10000.

[CS800]

Congrats !!

Your EQ score iv excellent. You mentioned you got 5k CL

Are they stingy with their limits?

I need a Visa with a good limit on it (above $3k)

[RockinRay]

I have found they give great lines there! As long as you can provide good decumentation, they will work with you for sure.

We sent them:

1. Two years income tax returns.

2. Two pay stubs from each of us.

No problem and great service! Very nice people to work with.

Ray

[CS800]

Seems like more and more companies are starting to ask for Tax transcripts which I think is bogus. You want W-2's ? fine I'm ok with that but you want to see my tax returns??

[RockinRay]

I just sent them. I would rather over-flood them with information then have them come back looking for more... And by doing this, they have everything on file.

They gave us $20k to start with. I find I am using their PenFed Rewards Visa for more and more these days. I like the statement credit each month!

Ray

[CS800]

Man 20k?? Your must have two good tings going for you.

1. Terrific FICOs

2. Good income

[RockinRay]

Yes, we are in good shape on both of them. We do have debt though that I am paying down each month. So, not perfect.

I did the same when we joined PSECU and we got $20k from them too. I like the fact that with PSECU, they report both the Visa and a Signature line so you get double reporting!

Nice... 

Ray