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PenFed Cash Advance

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Anonymous
Not applicable

PenFed Cash Advance

Ok, so I have PenFed Platinum Rewards card with 13.5k limit.
I am still waiting for 2nd statement. First one I paid in full of 7200$
So my question is, I need 5-6k cash advance, will that be too suspicious for PenFed to request
And where can I withdraw that amount?
I need it for down payment, and since there is no any fees for cash advance it's my best option. I will probably pay in full again that.
Message 1 of 2
1 REPLY 1
Creditaddict
Legendary Contributor

Re: PenFed Cash Advance


@Anonymous wrote:
Ok, so I have PenFed Platinum Rewards card with 13.5k limit.
I am still waiting for 2nd statement. First one I paid in full of 7200$
So my question is, I need 5-6k cash advance, will that be too suspicious for PenFed to request
And where can I withdraw that amount?
I need it for down payment, and since there is no any fees for cash advance it's my best option. I will probably pay in full again that.

I believe PenFed will allow you to do a BT into a checking account with another financial institution... that way you can use the BT offer you have and get the cash quickly.

Message 2 of 2
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