Jump to content

Sign in to follow this  
pronto

Additional PenFed approvals odds?

Recommended Posts

I became a customer with PenFed last year and now have checking, savings, one credit card and one consolidation loan. I'm interested in getting one more credit card from them as I try to consolidate banking. However, my score currently took a dip (because of taking on more debt from family member in hardship). There's nothing bad on my report, just high utilization. What do you think the odds of approval are for another PenFed card? Do they value loyalty over score?

Share this post


Link to post
Share on other sites

IME best bet is to wait for penfed pre-screened offer, assuming you're opted in

Share this post


Link to post
Share on other sites

Which PenFed card do you want, and how is it better than all of the other cards that are out there?

Share this post


Link to post
Share on other sites
4 hours ago, wingwalker said:

A question, heg, Is being opted in necessary to receive PenFed's preapprovals? Thanks!

I am pretty sure it is; but others should chime in

Share this post


Link to post
Share on other sites
4 hours ago, cv91915 said:

Which PenFed card do you want, and how is it better than all of the other cards that are out there?

I'm interested in their Power Cash Rewards card. I'm not a category spender and my spending has subsided, so I currently want a no-AF card with cash back across the board. 2% on everything is appealing.

 

Share this post


Link to post
Share on other sites
9 hours ago, pronto said:

I'm interested in their Power Cash Rewards card. I'm not a category spender and my spending has subsided, so I currently want a no-AF card with cash back across the board. 2% on everything is appealing.

 

A new Chase Freedom card will pay 3% back on the first $20,000 the first year, and the Discovery IT Fake Milez card will pay 3% back for all spending the first year.  Alliant does 3% for a year as well.

 

PenFed will limit you to $50k in limits, whether you have one of their cards or four, plus it's good to diversify.   Here are some other 2%/no AF cards, if you decide to settle for that:  

 

 

 

Share this post


Link to post
Share on other sites
On 4/5/2019 at 8:40 PM, hegemony said:

I am pretty sure it is; but others should chime in

Thanks!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Today's Birthdays

    No users celebrating today.
  • Member Statistics

    • Total Members
      177,734
    • Most Online
      1,528

    Newest Member
    Tt33
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines