Annual Percentage Rate (APR) for purchases | % when you open your account, based on your creditworthiness.* Your APR will vary with the market based on the Prime Rate. |
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APRS for balance transfers | % introductory APR for on balance transfers made in the first days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of %. |
APR for cash advances | % |
Penalty APR and when it applies | % if your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable penalty APR. The penalty APR will remain in place until you make three consecutive monthly payments on or before the due date. |
How to avoid paying interest on purchases | Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire account balance, including balance transfers and cash advances, by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. |
Annual fee | None |
Cash advance fee | None |
Balance transfer fee | % |
*Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval.
Credit card applications completed online will require your agreement to receive application notifications and disclosures electronically.
Cardholders may sign up for free electronic statement notification to avoid paying a $ fee for mailed paper statements.
Rate and offers current as of and are subject to change.
^ Introductory APR on purchases made the first months after account opening. After that, the APR for the unpaid purchase balance and any new purchases will be based on your creditworthiness which includes an evaluation of your credit history and will vary with the market based on the Prime Rate.
No Foreign Transaction Fees
Using your PenFed card abroad won’t cost you an extra dime.
Exclusive Offers & Discounts
Check out the latest member-only discounts on a variety of products and services.
Cell phone protection
Protect your cell phone every time you pay your bill. When you pay your monthly wireless bill with your covered PenFed credit card, your cell phone is protected for the next calendar month. So, you can be reimbursed if your cell phone is stolen or damaged.
Travel Accident Coverage
When you purchase your travel ticket with your PenFed credit card, you are eligible to receive coverage for loss of life or limb. This coverage applies to air travel, ferry, cruise ship, train, or bus transportation.
Roadside Dispatch®
Get convenient pay-per-use roadside assistance for towing, tire change, jump start, lockout service and more available 24 hours a day, 7 days a week.
Emergency Card Replacement and Cash Disbursement
This efficient worldwide service allows you to quickly and easily get a replacement Visa Card sent to you and/or receive emergency cash at a convenient location available anytime.
24/7 Fraud Monitoring
Your account is monitored for transactions that may indicate fraudulent activity, and we may contact you immediately if fraud is suspected.
Security Alerts
Get notified via text, email, and phone if PenFed notices potential suspicious transactions on your account.
$0 Fraud Liability
If your card is lost or stolen, you will not be responsible for unauthorized charges. Click here to learn more.
Card Lock
Easily turn on or off your credit card in seconds to prevent fraudulent use with a few taps if it has been misplaced, lost, or stolen.
Autopay
Set up Autopay for your account and your payments will be made automatically every month.
PenFed Mobile App
Stay on top of your finances with the PenFed mobile app. Download the PenFed Mobile app.
Authorized User
Add an authorized user to your account and track spending by user. Learn more about authorized users.
Digital Wallet
More than just a plastic in your wallet, your card is digital wallet ready for secure mobile, online and in-app purchases. Learn how to set up your Digital Wallet.
24/7 Digital Service
Our online services are available to assist you 24 hours a day. Credit Card Contact Service.
Request Credit line Increase
You can always check or request if you are eligible for the credit line increase by signing at PenFed online.
To receive any advertised product, you must become a member of PenFed Credit Union which includes opening a $5 PenFed savings account.
±Visa Zero Liability Policy covers U.S.–issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit http://www.visa.com/security.
PenFed Gold
Visa® Card
Nothing Beats Zero
Benefits of this gold card include low APR and low promotional balance transfer APR. Go for the gold today!
Interest, Fees & Terms
Card Agreement & Pricing
Traditional Card Benefits
Annual Fee: $
Purchase Variable APR*: %
Everyday Low APR on purchases after introductory period ends
Introductory APR on purchases^ made the first months after account opening
Introductory Balance Transfer APR for . % fee applies to each transaction. Subject to credit approval. Read More
Calculate Balance Transfer