Penfed Platinum Cash Rewards

[wacdenney]

It says Thrifty Credit Service is a qualifying account.  I should have gone for this card instead of Promise.

[baller4life]

Wac you have 90 days from hp to app!

[B335is]

I have this card. I use it almost entirely for gas. They sent me an offer to spend $500 in April and $500 in May to get a $100 bonus. I just keep a MMA open to get the 5%.

I agree with baller, you might as well apply if you're in the 90 day window.

[baller4life]

B335 that's what I wanted to know. Thanks!!

[wacdenney]

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@B335is wrote:
I have this card. I use it almost entirely for gas. They sent me an offer to spend $500 in April and $500 in May to get a $100 bonus. I just keep a MMA open to get the 5%.

I agree with baller, you might as well apply if you're in the 90 day window.

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I think I will, Baller has never steared me wrong before.  I wonder if I should wait 60 days to establish a little history with them first?  Would that matter to them?

[baller4life]

That may not be a bad idea wac. Wait a couple months then app. It would only increase your chances I'm sure.

[B335is]

Since you mentioned it, when I first applied for this card my computer approval was completely revoked by an underwriter. So for the heck of it I reapplied on the 85th day and got a $1k limit. I figured it was a foot in the door. Ten months later they gave me $14.5k Promise card and refinanced my car loan plus CLI on Cash Rewards to $10k. All using one pull. So looking back in happy I took another shot at it on that 85th day. I'd recommend trying that as well.

[wacdenney]

I assume that 90 day clock starts ticking from the date of the EQ pull?

[FinStar]

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@baller4life wrote:
LTL yeah I hear you can open $25 money market to qualify for the 5%. Nixon I will be waiting. Just considering this card opposed to Promise. I already have Ring and will be getting RBFCU 7.7% card. I don't need another low interest card. I need a dedicated 5% gas card.

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You might be onto something here baller.  I pondered about this specific card as well but wasn't sure about the AF (even if it was just the nominal $25), but now that I see what LTL mentioned about the MMA, it might just be worthwhile    Something I might consider for 2016 with them

[baller4life]

Good idea Finstar! I'm all aboard.