Pen-Fed Balance Transfers Question

[mmmagique]

I have never done a balance transfer before but Pen Fed offered me zero percent interest for one year. When I go to the page that says balance transfer it asks me for the account number and the amount to transfer. Is the account number the credit card number? 

How does this work? 
(Sorry, I  am easily confused. I thought they would ask for the name of the account such as Synchrony Bank Amazon and then the account number) 

Thanks in advance! 

[chiefone4u]

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@mmmagique wrote:

I have never done a balance transfer before but Pen Fed offered me zero percent interest for one year. When I go to the page that says balance transfer it asks me for the account number and the amount to transfer. Is the account number the credit card number? 

How does this work? 
(Sorry, I  am easily confused. I thought they would ask for the name of the account such as Synchrony Bank Amazon and then the account number) 

Thanks in advance! 

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Yes, they want credit card number.

Penfed will check that number against a database, if the number doesn't match a creditor they have on file they will ask for name and address on statement. 

[Loquat]

Yep. Just enter your credit card number and PenFed will populate the info needed to send the payment. If for some reason your lender isn’t in there then you’ll have to enter information from your statement.

PenFed is really quick with processing BTs. I will say though that is it prompts you to enter the address of your lender it typically means it’ll be snail mail which obviously takes more time.

[mmmagique]

Thanks! That was all very helpful! I appreciate it! (even though I am getting blocked for giving Kudos for some reason. Consider yourselves Kudoed!)