For those of you who recommended #PenFed to me here… The reason why I say they suck now is they sometimes hold ACH payments (i.e., don't credit them to your available credit) for up to ten days, something that no other credit card company has ever done to me in my 30+ years of using credit cards […]
I want to be happy with #PenFed since I've recently switched there and spend time and effort switching over all my recurring payments, but they seem to be doing their best to piss me off.
* My old card had a $25k credit limit; my PenFed limit is only $10k. They refuse to raise it and claim they […]
* I submitted a credit card payment to #PenFed three days ago. Two days later the card was declined due to no available credit. I asked why and they said they had "put the payment on float" because it was "larger than [my] usual payment" and I needed to submit a screenshot showing that the […]
This morning the payment still hasn't been applied to my #PenFed credit card account, three days after it was submitted, i.e., two days after it reached them. They have my money but won't let me use my credit card.
I have been using credit cards for 37 years and this has never happened to be […]
