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Anyone here use PenFed?
Posted on 3/25/13 at 2:43 pm
Posted on 3/25/13 at 2:43 pm
I'm thinking about shifting a portion of my emergency savings into some CDs and I have been looking at PenFed. Any feedback on going this route, or should I go another route?
Posted on 3/25/13 at 2:46 pm to RickAstley
Yes. I don't use penfed for CDs, but I absolutely love the product/service.
Posted on 3/25/13 at 2:49 pm to TheOcean
Thanks, what is required to join if you're non-military?
Posted on 3/25/13 at 2:54 pm to RickAstley
I love penfed, no experience with their CDs though.
Posted on 3/25/13 at 3:06 pm to RickAstley
Just got the 5% cash back on gas card. I'm military but somehow didn't get the free thing. Did a $20 donation.
This post was edited on 3/25/13 at 4:35 pm
Posted on 3/25/13 at 3:32 pm to RickAstley
quote:
Thanks, what is required to join if you're non-military?
I financed a truck at 1.9% and I'm refinancing my house with them now. Their rates on loans are hard to beat.
All you need to do is join a military support organization for $20. There are links in the application process and it only takes 5 minutes.
Posted on 3/25/13 at 3:43 pm to CajunAlum Tiger Fan
Great thanks. This sounds like a good option to go
Posted on 3/25/13 at 3:47 pm to RickAstley
quote:
Any feedback on going this route, or should I go another route?
I don't use PenFed, but it is a very good option....
That said, I've always made it a point to stay away from their counterpart, the FedPen!
Posted on 3/25/13 at 3:57 pm to lsu_tiger_az
FWIW, some credit unions will match PenFed. My best friend did this so that he could get PenFed rates with local branch service.
Also, PenFed has a very interesting 5/5 arm mortgage
Also, PenFed has a very interesting 5/5 arm mortgage
Posted on 3/25/13 at 4:00 pm to AutoYes_Clown
quote:
My best friend did this so that he could get PenFed rates with local branch service.
I'd take PenFed's customer service over any credit union or bank I've walked into a physical location.
Posted on 3/25/13 at 4:41 pm to RickAstley
I have my mortgage and HELOC through them, very good rates.
Posted on 3/26/13 at 6:53 am to foshizzle
I have all my loans with them (car loans, 5/5 arm). There rates are unbelievable.
I'm not military, but joined SAME (free) since I had an edu account, which permitted me to become a penfed member. Not sure if you still can do that.
I'm not military, but joined SAME (free) since I had an edu account, which permitted me to become a penfed member. Not sure if you still can do that.
This post was edited on 3/26/13 at 6:55 am
Posted on 3/26/13 at 7:36 am to RickAstley
I refinanced a car loan with them down to 1.99%. Process went well.
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