Hey, if anyone has success buying Pen Fed CDs with a card from another bank, please let us know (and tell us which bank/CC Co treated you right).
I just purchased a lot of Penfeld CDs, two of them on my First USA Bank United Airlines Visa Card.
The credit card purchase option clearly states that the charge is treated as a purchase, not a cash advance:
"Option 2 -- Fund with my credit card I wish to fund my 5 YR Money Market Certificate account by credit card (this charge will be treated as a purchase, not as a cash advance)."
I checked my credit balance online and it appears as the charges are treated as purchases. I called the bank to confirm.
Note that you can only charge $10,000 per day, and TODAY IS THE LAST DAY FOR THEIR CURRENT (HIGH) RATES.
$10,000 per day is also the limit for electronic bank transfers.