FlyerTalk Forums - View Single Post - Penfed Platnum Rewards Visa [5x/3x/1x points + $0 fee]
Old Jul 3, 2013 | 10:23 am
  #11  
frogdog51
 
Join Date: May 2012
Posts: 150
I see this as being beneficial for those w/ multiple penfed accounts (Regular share, savings, mortgage, car loan) who might need some temporary emergency cash w/o incurring a cash advance fee. You can transfer funds from the CC into a deposit account, THEN into a loan account. No interest fees (unless, of course, you don't pay the CC balance in full)
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