topic Re: penfed application question in Credit Cards

penfed application question

Anonymous — Wed, 02 Jul 2008 04:37:58 GMT

I joined that Family Assoc. so I could apply for a penfed card (denied, thanks!) I paid the $25 fee online, through their website, with my Wachovia Visa debit card.

When I checked my Wachovia online statement, there is a $25 cash advance from Penfed. According to my bank, it looks like they took money out of an ATM in Alexandria. My bank says I need to talk to PenFed, but my question is:

How could they make something look like a cash advance?

And how can you take out a cash advance on a debit card? If I just withdrew money from an ATM, that's not a cash advance.

Also, I was charged a 3.00 "cash advance fee". Grrr.

Re: penfed application question

smallfry — Wed, 02 Jul 2008 09:42:39 GMT

@Anonymous wrote:
I joined that Family Assoc. so I could apply for a penfed card (denied, thanks!) I paid the $25 fee online, through their website, with my Wachovia Visa debit card.
When I checked my Wachovia online statement, there is a $25 cash advance from Penfed. According to my bank, it looks like they took money out of an ATM in Alexandria. My bank says I need to talk to PenFed, but my question is:
How could they make something look like a cash advance?
And how can you take out a cash advance on a debit card? If I just withdrew money from an ATM, that's not a cash advance.
Also, I was charged a 3.00 "cash advance fee". Grrr.

Next time make an ACH payment. They would have accepted that.

Re: penfed application question

biturbomunkie — Fri, 04 Jul 2008 16:47:11 GMT

i helped my friend to apply the other day, i remember seeing something like "if you use your CC to pay the NMFA membership (or to fund your account), it will be treated as a cash advance..."
have you considered Navy Federal? good luck!