How long on average do PenFed Balance Transfers take?

[jthompson5254]

So how long do balance transfers usually take PenFed to process on average?

[Anonymous]

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@jthompson5254 wrote:

So how long do balance transfers usually take PenFed to process on average?

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Extremely fast. They make the payments electronically whenever possible and right away. They are the total opposite of Citi who takes forever and a day.

[jthompson5254]

Thanks CreditWhereCreditisdue, thats great news

[amp0804]

Citi takes forever because they wait for your next statement balance, thats why when I do a balance transfer with Citi I have the check sent to me.

[DI]

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@amp0804 wrote:
Citi takes forever because they wait for your next statement balance, thats why when I do a balance transfer with Citi I have the check sent to me.

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That's good to know.