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Hello FICO Friends I got a Balance transfer offer from Penfed so I decided to transfer 2 Cc's . I was only able to do 1 balance transfer because its 1 balance transfer per day. I don't understand normally it says do you have another balance transfer to complete. I guess I have to go back to account and do the second transfer tomorrow. Weird! Anyone ran into this situation?
@gingerflower wrote:Hello FICO Friends I got a Balance transfer offer from Penfed so I decided to transfer 2 Cc's . I was only able to do 1 balance transfer because its 1 balance transfer per day. I don't understand normally it says do you have another balance transfer to complete. I guess I have to go back to account and do the second transfer tomorrow. Weird! Anyone ran into this situation?
Yes a few months ago they started limiting me to 1 balance transfer a day.
I didn't know if it was a general rule, or if it just had to do with me.
The shame is that for years I was struggling through their antiquated balance transfer software, wasting lots of time on it. Now that they've fixed their balance transfer software, I can't take full advantage of it.





























Thank you for the reply. Gosh, I to thought it was me.. I guess I would have to do the second balance transfer tomorrow.
@gingerflower wrote:Thank you for the reply. Gosh, I to thought it was me.. I guess I would have to do the second balance transfer tomorrow.
Well, we don't know yet that it's a general rule. We just know that you and I are in this boat ![]()





























I sent a secured email address today to Penfed to ask more information on the changes of doing more then 1 balance transfer per day but haven't got a reply yet. Hopefully I get answers tomorrow.
Update:
I got a reply from Penfed and it seems as of 11/2022 Balance transfers are limited to 1 per day...Oh well...
@gingerflower wrote:Update:
I got a reply from Penfed and it seems as of 11/2022 Balance transfers are limited to 1 per day...Oh well...
Well it's comforting to know that you and I haven't been singled out for punishment ![]()




























