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I applied for the PenFed VISA Platinum Cash Rewards. After sending in the required documents it was in PENDING status for 6 days. Yesterday the staus changed to APPROVED. This morning I noticed it changed to TRANSFERRED. Transferred to what? Anyone in the know tell me what this means?
You're good, it happens to everybody that get's approved.
Congrats.
@UpNUp wrote:I applied for the PenFed VISA Platinum Cash Rewards. After sending in the required documents it was in PENDING status for 6 days. Yesterday the staus changed to APPROVED. This morning I noticed it changed to TRANSFERRED. Transferred to what? Anyone in the know tell me what this means?
I had the same happen to me... It just means that the application was approved and transferred out of the credit department.
Thank you
Check out your August statement for APR reduction. My purchase rate has been reduced to 10.24%.