Penfed offers

[SA0012]

What is considered a good penfed nextgen score, this is what I see in my account but never see any offers popup for me so far. I opened my account in 2010 but never used it until last year. My FICO 8 scores 734 from all three.

Is there a criterion for the offers to popup, is it time-based or credit score based or something else?

I'm looking to increase CL on my power rewards card and promise visa cards, currently, they are at 15K and 12K. Appreciate any tips from this forum.

[K-in-Boston]

Scores unfortunately are a factor but not a guarantee for targeted offers from PenFed.  Even with 800+ scores and a squeaky clean credit history, I was a member for over 4 years before I got my first offer that wasn't "save on Turbo Tax" recently ($50k new or used auto loan).

Also, PenFed moved from NG2 scores to EQ FICO 9 scores quite a while ago.  Your scores are fine for asking for CLI on your cards, but it will be a HP without an offer.

[SA0012]

Yeah, do not want an HP though!

[AverageJoesCredit]

---

@SA0012 wrote:

What is considered a good penfed nextgen score, this is what I see in my account but never see any offers popup for me so far. I opened my account in 2010 but never used it until last year. My FICO 8 scores 734 from all three.

Is there a criterion for the offers to popup, is it time-based or credit score based or something else?

I'm looking to increase CL on my power rewards card and promise visa cards, currently, they are at 15K and 12K. Appreciate any tips from this forum.

---

Thats a great score but unfortunately it doesnt mean much to Penfed imo. You have to have the right profile to get offers and only they know which ones are those. At least you have good limits on your ccs

[AverageJoesCredit]

---

@SA0012 wrote:
Yeah, do not want an HP though!

---

Maybe try Dell?

[coldfusion]

One needs to give them a reason to want to extend offers.

If you haven't been using either card heavily you can consider taking advantage of a BT promo for somewhere in the $1-2K range and paying it off in 3-6 months making equal-sized payments every month (i.e. don't make mininum payments for several months then 1 large bulk payment to pay it off).    While there are no guarantees that does tend to get you on PF's radar in a positive light.

[wingennis]

I wish I had good advice for you but I've never received any PenFed offers other than TurboTax and auto financing.  My EQ9 score has been 803-ish for a long time.  

[Namaste7]

EQ9 is in the 770s, income is mature, DTI is skinny, and PF will only show me attention when I give up a HP.

[SA0012]

I just paid off the promise card after making more than minimum payments for 6 months on BTs. Also, the Rewards card is three months old, I charged 3K and paid off the card.

[SA0012]

Hmm...I don't feel bad to not see those targeted offers.