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PenFed external account question

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howellco2
Frequent Contributor

PenFed external account question

Do they allow you to transfer money to a External account i have mine set up and able to pull money from those other accounts but if i try to transfer money out only my penn fed saving shows up 


MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 1 of 8
7 REPLIES 7
Jnbmom
Credit Mentor

Re: Penn Fed external account question


@howellco2 wrote:

Do they allow you to transfer money to a External account i have mine set up and able to pull money from those other accounts but if i try to transfer money out only my penn fed saving shows up 


I have never transferred to external, just tried couldn't do on mobile app , but it appears I can on my tablet, I didn't finish but looks like I am able.

EXP 780 EQ 796 TU 810
Message 2 of 8
howellco2
Frequent Contributor

Re: Penn Fed external account question

ive tried on my cell and laptop dont have the option 


MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 3 of 8
Anonymous
Not applicable

Re: Penn Fed external account question

Some posters have mentioned that PenFed has some new account restrictions that run up to six months. Can not remember what items were restricted so I only raise the subject as a possible area of concern for new account holders.

 

Note, I am NOT an account holder so no actual experience.

Message 4 of 8
howellco2
Frequent Contributor

Re: Penn Fed external account question

that may be it ive been a member for a year but the checking account is only 3 months old I opened it after i got a rewards card approval 


MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 5 of 8
credit_is_crack
Valued Contributor

Re: Penn Fed external account question


@howellco2 wrote:

Do they allow you to transfer money to a External account i have mine set up and able to pull money from those other accounts but if i try to transfer money out only my penn fed saving shows up 


@howellco2, PenFed does allow transfer to and from external accounts. It's not available on the mobile app but when I check on my laptop it is there when I click transfers. It's the third option. 

 

Have you already linked it to the other bank (you have to go thru the trial deposit process for it to activate)

 

Screen Shot 2019-08-31 at 9.07.15 PM.png

Message 6 of 8
howellco2
Frequent Contributor

Re: Penn Fed external account question

Thanks after logging in and from desktop mode i was able to see it and get it done thanks 


@credit_is_crack wrote:

@howellco2 wrote:

Do they allow you to transfer money to a External account i have mine set up and able to pull money from those other accounts but if i try to transfer money out only my penn fed saving shows up 


@howellco2, PenFed does allow transfer to and from external accounts. It's not available on the mobile app but when I check on my laptop it is there when I click transfers. It's the third option. 

 

Have you already linked it to the other bank (you have to go thru the trial deposit process for it to activate)

 

Screen Shot 2019-08-31 at 9.07.15 PM.png


 


MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 7 of 8
Anonymous
Not applicable

Re: Penn Fed external account question


@howellco2 wrote:

that may be it ive been a member for a year but the checking account is only 3 months old I opened it after i got a rewards card approval 


this is your issue

Message 8 of 8
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