@Borealis wrote:
I am new to both PenFed and Balance Transfers. I just got my new Gold card in the mail and decided to try out a modest but not insignificant BT from Disco. The email I received about my "request" said it could take up to 30 days. Is this accurate, does it really take that long?
I just did 3 balance transfers tuesday to penfed pcr. two for about 500 each high interest, i made the transfer on tuesday and by wednesday afternoon it was complete on those 2 cards. the 3rd card i transferred wasnt on their list of banks and it was for 1300, its still pending.
When you do a bt to penfed its a pain in the rear if the other bank is not in their list. you have to page through a list of banks about 6 at a time 40 pages long. if your bank is not in the list then at the last page it gives the option to enter the info.
I got a bt offer from penfed zero pct for 12 mos, 3 pct fee. a no brainer when the 3 cards had int rates from 27-30 pct
{ BK7 DC 12/2019 } target 2100/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000
>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos ,most are slightly above 700, the 9's slightly higher than the 8's
TCL - about 110k
Retired since 2017
