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Established Member
dialect
Posts: 48
Registered: ‎10-19-2012
0

PenFed credit card payments

what's the easiest way to pay my penfed platinum rewards online?

 

is the ACH method the best? so i need to constantly put $50 from chase into pfcu daily?

Frequent Contributor
resilient
Posts: 344
Registered: ‎10-02-2012
0

Re: PenFed credit card payments

I set up an allotment to my share savings once a month. When I want to pay more, I initiate a transfer from my PenFed online to withdraw from my other bank. Posts on the same day, but takes 2-3 days to come out of my other bank account.
Belk ($2.5k) Chase Freedom VS ($15k) CSP VS ($21.9k) Citi Platinum Select AAdvantage WEMC ($13k) Citi HHonors VS ($11k) Dillard's AmEx ($7.5k) Discover it ($3.5k) FNBO Chrysler MC ($16.2k) Gold Delta SkyMiles AmEx ($9.5k) Macy's AmEx ($5k) Macy's ($1k) Military Star Card ($4.8k) Nordstrom VS ($10k) PenFed Cash Rewards Visa ($15k) Starwood Preferred Guest AmEx ($2k) Susan G. Komen WMC ($30k) Kinetic CU Visa ($10k) US Bank Cash + VS ($14k) Walmart Discover ($7.5) Arrival + WMC ($12.5k)
Valued Contributor
Jazzzy
Posts: 2,679
Registered: ‎07-29-2009
0

Re: PenFed credit card payments

I simply pay from my checking account. Have never had a problem, and you are not bound by a $50 transfer limit.

Established Member
dialect
Posts: 48
Registered: ‎10-19-2012
0

Re: PenFed credit card payments

i'm bound by $50 for the first six months. i set up billpay through chase, they can only mail a check on my behalf, but oh well. i'll suffer through the wait for six months.

Valued Contributor
Jazzzy
Posts: 2,679
Registered: ‎07-29-2009
0

Re: PenFed credit card payments

You're not bound by $50 payments from your checking account to them. I use PenFed specifically for my gas, and from the beginning I've paid them hundreds in gas each month in payments directly from my checking account. I've never mailed them a check.

Frequent Contributor
kimmiller112
Posts: 469
Registered: ‎04-09-2012
0

Re: PenFed credit card payments

I can only do up to $50 at a time from my BofA account into my PenFed account.  I don't have a credit card with them yet, but plan on apping in about a year.  My PenFed account is not quite 6 months old.  Will they eventually lift that maximum?  Right now, I have it set to automatically transfer $50/week although most weeks I do another one manually.  I'd like to build up that account for when I do app but doing $50 at a time is not building it up very fast.

Barclays USAir World MC $8300 - DCU $7500 - USAA World MC $7000 - PayPal Extras MC (GE) $5500 - Chase Saphire Preferred $5000 - Discover It $5000 - Barclays Sallie May $2700 - Chase Freedom $1000 - Capital One $8500 (business) - store cards ranging from $500-$9500
Contributor
A_Madel
Posts: 92
Registered: ‎06-16-2012
0

Re: PenFed credit card payments


Jazzzy wrote:

I simply pay from my checking account. Have never had a problem, and you are not bound by a $50 transfer limit.


+1

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