The card is supposedly a "true" chip and PIN card too like Diners Club/First Tech/UNFCU, but that'll still need to be confirmed by someone. Weirdly a lot of places seem to be not bothering with PIN for small amounts at all now so that might be a while.
I just applied for the Stonegate platinum version and also received the "Thank You" notice upon submitting my application. It says it will take about 7-12 business days to review my application. Hopefully the card just comes in the mail. *Wishful thinking!
I too received the same response after submitting my app. I hope they at least consider my application since I have a nordstrom card and TD Bank issues it. *fingers crossed!*