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PenFed Mobile

  • Finance
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PenFed Mobile

  • Finance
4.2
8.3K ratings
Age Rating

4+

Seller
pentagon federal credit union
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User Reviews for PenFed Mobile

3
Pros and Cons

The new look and feel is pretty nice. But I have had issues with the new app. It froze several times when trying to deposit 2 checks this past week causing me to spend close to 30 min for what used to be a very simple transaction in the old app. Next item of concern, I was either logged out or could not log in using the Finger-print technology. Love this technology, but not if it doesn’t work as designed. I use it on a regular basis with other apps without a problem so I know it is not user error. Also, PLEASE PUT BACK THE BALANCE AMOUNTS WITH EACH TRANSACTION. I cannot tell If my overall balance is updating when many transactions are happening within a short period of time. And lastly, I often move between this app and other apps on my phone while trying to conduct business, I find it VERY ANNOYING that it logs me out the second I leave the page. Your app should give at least a 2 to 3 minute window of idleness before logging someone off. As a suggestion, please list somewhere on your app where we can use ATM’s without incurring a fee, like CVS, Walgreens, and Navy FCU’s. I really didn’t want to have to call and speak to someone while driving home on Friday just to pull cash out of my bank when all I wanted to do was look on my phone before I pulled out to work and know which direction to head in. (For the record, I’m not opposed to chatting with people, but sometimes, it’s a timing thing.)

Angela W. - Gaithersburg, Apr 29, 2018
1
External accounts link but repeatedly don’t show up in the app

External accounts link but repeatedly don’t show up in the app. This issue has been going on for months now. UPDATE: I just received instructions from Member Service to “log into PENFED online, click on the transfers tab, then click on the link located just below that says external accounts” …So the linked account has been there all along. A bit BURIED, but there… I just cannot get PENFED to take money from that account and make a loan payment. I did find a TINY “register” link below the above link that apparently triggers a micro-deposit verification process, however when the external account was linked in the first place, there were absolutely no further instructions given to this effect, and therefore was left to the impression that the external linked account was entirely ready and usable for loan payments right after it was linked, I.E no “registration” necessary.

B'nuts, Mar 06, 2022
4
Functional

PenFed took over Alamo FedCU a few years ago. I had an account there for an auto loan, & it was convenient as there was a branch in the federal building in which I worked. I no longer work in that building, and I don’t believe that PFCU had any locations here in San Antonio, TX, where I live. I decided to keep my account, as I use it mainly as a “mad money/vacation” savings account. I have been very pleased with the ability to do my business using the mobile app, and even recently opened a checking account after getting a PFCU Visa card & debt consolidation personnel loan. I have a local credit union that I use for my day to day banking, but I’m glad I also have my PFCU accounts for other purposes. The only drawback I can see is that I don’t have the ability to deposit cash into my account, but that something I hardly ever need to do anymore.

Jaguarcult, Oct 12, 2020
1
Terrible Mortgage Dashboard Update

“I want my bank mortgage dashboard to show me my home value “, said nobody ever. You know, the same info the Zillow has had for like..10 years? This is the fancy update. Of course, PenFed does not disclose how they derive their estimated home value or how they use it, so the info is less than useless.But here is the kicker ...the genius that decided to add this removed the absolutely ONLY function you need from an online bank...THE ABILITY TO SEE YOUR PAYMENT HISTORY. That’s right , there is now absolutely no way to see when or how your last payment was applied. Was it received on time? Your guess is as good as mine. Was it accurately applying principal and interest? The world may never know.Currently on hold for 15 min to confirm payment was received as the only thing you can see right now is last balance and your next payment. Oh, but they do have an online payoff quote, which will come in handy as I source a refinance with a bank that provides meaningful information.

jetlounge, Sep 05, 2020
5
PenFed’s app changed the way I bank

I was with the CEEFCU for years and made the trip to the local branch to do my banking. When PenFed took over their banking, I went to the federal building downtown thinking about closing out my accounts due to the distance. There was another client there who did just that. I decided to try the app. It had some bad reviews at the time. That was a few years back. I had one check I couldn’t deposit several years ago and I had to mail it in. I haven’t had any more issues since. And I haven’t been back to the Federal building in years. I’m glad I tried the app! It changed the way I bank.

jP5710, Apr 23, 2018
3
Recent upgrade = terrible mobile deposit experience

I've been using this app for years with no issue, no complaints. The recent upgrade, however, resulted in a horrible mobile deposit experience. Developers note: the camera takes sooooo long to take and save the picture of the check. And when in full screen mode is almost impossible to scroll up/down without touching the image (no white space on the outside) so I ended up in the picture viewer so many times unintentionally. Guess what? You can't exit picture mode without taking a picture. If you do, it will dump the picture you've previously saved. I ended up taking the same picture (note I mentioned it takes way too long to take and save) like 10 times before I was able to move on. Please fix. I loved this app before.

Mcollelo, Apr 16, 2018
2
Penn Fed seems nice, but their software is pretty bad

I’m new to PenFed and like them, but there software isn’t user friendly.Today I attempted to deposit three checks on my other accounts at different Financial Institutions, intending to close them. Two of the checks for small amounts were deposited successfully, but the third one went poof and disappeared. I can’t find anywhere on the app to see if it’s pending. I tried hitting deposit check button again, and it said the check was already deposited. So once again I’m having to call and email them about their software for the second time. I’ve only received one statement from them so far, so my accounts with PenFed have been open for maybe only a month.The first time I contacted them was because I was trying to link a second external account. Once again no messages on what is wrong, so I had to contact them about it. When they finally got back to me, they told me I was only allowed to link one external account.I’m really irritated with their software/app. I live in Arkansas and can’t go to a branch in Virginia for help. I’m considering closing my PenFed accounts and going elsewhere because of their aggravating software.

Mike Pedigo, Jul 16, 2022
1
WASTE OF YOUR TIME AND MONEY

This is the worst bank account I’ve ever had. I had to sit on the phone for over an hour to figure out why I couldn’t transfer money out of my account and after being told it was an issue with my card, being HUNG UP on and then speaking to two more people after being transferred a different agent told me my account was overdrawn. HOW?? I just deposited money and the app says my balance is not negative so how could I possibly be overdrawn?! Oh that’s right because this infantile app doesn’t update debits and deposits until almost a week after they’ve been received whenever you tried to charge to your debit card. The count of people I’ve spoken to is now at 6, and I’m still on the phone. I can’t WAIT to close this account and be done with PenFed because what’s the point of mobile banking if I STILL HAVE TO GUESS WHATS IN MY ACCOUNT?! How do y’all actually expect someone to manage their finances with your app?? If I wanted to walk around doing calculations all day I’d keep my money in a mattress. I hate this bank and even more this app and I have absolutely NOTHING positive to say about it and PRAYERFULLY they don’t take forever to close my account because I’m over it. And please don’t get me started on entering all my info into the automatic system only to be told they “can’t pull up my account” I hate it here so much.

msjpollard, Mar 23, 2022
1
Worst bank and app I have had yet!

I was a member of a local credit union that was taken over by another and then taken over by PenFed. PenFed’s online banking and app pale in comparison. They take forever to show your pending charges or to have things clear. It gets very confusing and has caused me to incur several fees from forgetting about charges that show up days later. I understand it is my responsibility to track my spending, but I haven’t had to in such a long time due to technology allowing me to know my true balance immediately after using my debit card. As the bank for our military, they should have the most up to date technology as it is available. They also seem to process things in a way that maximizes the number of fees the customer will be charged. I am in the process of switching all of my accounts to a different bank and cannot wait to have the hassle of writing down every single charge and bill payment be a thing of the past! Get with the times PenFed and update your online presence and processing times!

NoMoreFeesForMe, Jan 17, 2020
2
Nearly Useless

Had this account for a little over a few weeks now and it’s pretty useless. I can’t add external accounts through the app, the bank takes ages to deposit from transfers or withdraw money from transactions. There’s even a transaction that was there for a short period of time and suddenly disappeared and hasn’t been debited from my account. The app seems like it hasn’t been updated since Androids were first created and is very clunky. Oh and I can’t connect the account to ANY financial management software (Mint, Truebill, etc) which is one of the main reasons I wanted this account. I gave won stars because the app does tell me my balances so at least there’s that. If you’re looking for a credit union that keeps up with technology and isn’t still living in the 20th century, I’d steer away from PenFed.

thewesman03, Feb 08, 2022

Description

Wherever you go, take PenFed with you! The PenFed Mobile banking app provides around-the-clock access to your PenFed accounts. You can review activity and balances, get transaction details, transfer balances, track loan application status, pay bills and much more!

Deposit checks quickly and easily with your smartphone or tablet. Need an ATM? The app will help you find one. Forgot to set a travel notification for your PenFed credit card? Do it right in the app -- from anywhere. Want to buy a home? Don't miss our exclusive real estate rewards and other current offers. With lightning-fast, 24/7 access, PenFed Mobile puts the power of your credit union right where it belongs… on your favorite mobile device. Opening this app constitutes acceptance and/reaffirmation of our privacy policy, non-compete, and non-disclosure agreement.

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