I want to thank Baller for encouraging me to apply with Penfed CC. I app'd for the Platinum Signature VISA Saturday morning. I had some running around to do so I called Penfed about three hours later. I spoke to a very nice young lady and asked for a status of my CC app. She came back ad said I was approved for $33,000!!!!! I was floored. I was expecting $5k. They did give me the 17.99% interest rate though. I am just very happy to be in with Penfed and may app for a PLOC or the Promise card after using the Visa a few times. I want to add that my income is in the mid-$100k range so that may have added to the $33k approval....just a gues on my part.
How long should I wait to app for the PLOC?? Do I need to open a checking account to get the PLOC?
Thanks MyFico Community!!