PenFed Acting Like A Bank

[DI]

Checked p.o. box  today for the firstt time in 30 days and found many advance checks from different financial institutions with great deals.  I was shocked to find cash advance checks from PenFed.  I didn't know they send those things out.  I hope its not something that they do often. I do not like having checks mailed to me that are linked to my CC account. 

[IOBA]

Surprise!  I received two of those...I was surprised and shocked and "wowed".

[score_building]

might try letting them know you do not wish to receive them anymore and see if that works.  

Have received same from other CUs, it is not just a bank thang AFAIK.

[john398]

Speaking of PenFed I got something in the mail saying to call USAA for insurance but when I call USAA they say I have to have been ion the military, just confusing I guess

[Red1Blue]

I dont remember if Penfed send the checks to me or not. But, I have received checks from NFCU.

[DI]

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@john398 wrote:

Speaking of PenFed I got something in the mail saying to call USAA for insurance but when I call USAA they say I have to have been ion the military, just confusing I guess

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I got the same thing.  PenFed sent that letter out to people knowing not all of its customers are associated with the military to qualify. 

[wajj]

PenFed doesn't know which of its members are eligible for USAA insurance.  I am eligible but am a non-military member of PenFed so it would be useful information to me (assumming I didn't already have house and car insured with USAA ).  So, all PenFed members get the notice.

I also get BT checks from everyone -- PenFed, USAA, Fort Knox FCU, Navy, United Federal FCU, PSECU, etc.  It is just a new way to try and get some additional business.  They all come to me in non-descript envelopes so even my paranoia hasn't been tweaked by them.  I just launch them into the shredder when I open them.  Well, except for the 6 month 0%/$0 fee offer from Fort Knox.  I have the proceeds from those in my rewards checking account for 6 months.  Only $400 in interest but can't pass up free money

[score_building]

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@wajj wrote:

PenFed doesn't know which of its members are eligible for USAA insurance.  I am eligible but am a non-military member of PenFed so it would be useful information to me (assumming I didn't already have house and car insured with USAA ).  So, all PenFed members get the notice.

I also get BT checks from everyone -- PenFed, USAA, Fort Knox FCU, Navy, United Federal FCU, PSECU, etc.  It is just a new way to try and get some additional business.  They all come to me in non-descript envelopes so even my paranoia hasn't been tweaked by them.  I just launch them into the shredder when I open them.  Well, except for the 6 month 0%/$0 fee offer from Fort Knox.  I have the proceeds from those in my rewards checking account for 6 months.  Only $400 in interest but can't pass up free money

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Good info.

free money = good

[DI]

After contacting PenFed, I was  removed from the mailing list to receive convience checks.  I advised them I didn't like receiving those checks because it may subject my account to fraudulant  activity if it ever lands in the hands of a fraudster.