QUICK LINKS
MY ACCOUNT
Cash Pending:
Cash Available:
Payment Requested:
Payment Processed:
Lifetime Cash Back:

PenFed American Express Announced Today

5 of 8
pp65us
11/20/09 1:13 PM
Did not find any gift cards I am interested.
ltcm
11/20/09 2:29 PM
Me too - I love PenFed, they're a great institution. I'm slowly transferring all of my accounts over there b/c I like dealing with them so much.
Zaos
11/20/09 4:00 PM
They turned me down for a card quite some time ago, wonder if they will reconsider today.
choe
11/20/09 4:35 PM
got denied b/c of high balances (2 recent BT)

but i called and asked if they would split my other penfed visa line in half to open this card and they did. wish this was out a few weeks ago, just dropped >$2k on airfare recently
zhsa
11/20/09 5:19 PM
choe said:

got denied b/c of high balances (2 recent BT)

but i called and asked if they would split my other penfed visa line in half to open this card and they did. wish this was out a few weeks ago, just dropped >$2k on airfare recently


What is your utilization percentage across all credit cards?
cp102
11/20/09 7:12 PM
I agree too, PenFed has been wonderful to us, if I apply I will keep it and not cancel.


tripleB said:

Call me a sucker but I for one won't be getting this card simply to milk the $200 free signup and then cancelling. Penfed has been one of the few institutions that has treated us well and I don't want to exploit them. If I do sign up for this card, I will keep it and pay the fee. If the signup is $200 and the fee is $50 then it means I get the card for 5 years without expense.

Penfed gives us the 5% gas card that frequently offers bonus 5% deals for airfare and school purchases. Let's not screw them over.

ltcm
11/20/09 7:19 PM
choe said:

got denied b/c of high balances (2 recent BT)

but i called and asked if they would split my other penfed visa line in half to open this card and they did. wish this was out a few weeks ago, just dropped >$2k on airfare recently



Will they split your PenFed Visa into two PF Visas? I've got a $25K line but $20K is used with 2.99% BT for life but I'd like to use the other $5K of the line for the Visa as a daily spender....
choe
11/20/09 10:08 PM
zhsa said:

choe said:

got denied b/c of high balances (2 recent BT)

but i called and asked if they would split my other penfed visa line in half to open this card and they did. wish this was out a few weeks ago, just dropped >$2k on airfare recently


What is your utilization percentage across all credit cards?



~10%

ltcm said:

choe said:

got denied b/c of high balances (2 recent BT)

but i called and asked if they would split my other penfed visa line in half to open this card and they did. wish this was out a few weeks ago, just dropped >$2k on airfare recently



Will they split your PenFed Visa into two PF Visas? I've got a $25K line but $20K is used with 2.99% BT for life but I'd like to use the other $5K of the line for the Visa as a daily spender....



I'm sure they can split it however you want, but I believe the minimum credit limit is $5k
cashmonkey
11/22/09 1:32 AM
I received an invitation from PenFed in the mail to sign up for this card. 20,000 points sounds good, but if you look on their site, you need 42,200 points to get a roundtrip American Airlines ticket. You can get $100 gift cards for 10,000 points, but none of them look particularly useful.
BrianGa
11/28/09 3:01 PM
glxpass said:

Moosy said:

What is unclear to me is if you get membership in priority Pass or not. You gettwo free entrances but can you get a paid third entry as you do with the Citi AMEX?


It looks like the $99/year standard membership ($27/visit/person for members and guests), but they throw in 2 free passes for the member to sweeten the deal a bit.

Pamphlet that came with card says to visit PriorityPass.com/penfedvip to sign up. That site is asking for an invitation code, which is absent from the brochure. Anyone have any ideas?
5 of 8
Please select a reason for your RED vote:







You may be contacted via Private Message during the investigation of this issue.
Loading...