PenFed Platinum Rewards Visa Signature® Card
 

Key Features

Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for Purchases and Cash Advances 9.99% to 17.99% when you open your account, based on your credit worthiness.* Your APR will vary with the market based on the Prime Rate. 
APRs for Balance Transfers 2.99% APR promotional balance transfer rate for 12 Months on Balance Transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will be  9.99% to 17.99% based on your credit worthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval.
Penalty APR and When It Applies 17.99% APR 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.

 

*Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate.

 

Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.

Benefits

  • Automatic enrollment in the PenFed Platinum Rewards Visa Signature® Program
  • Ability to redeem points for a range of rich rewards, including merchandise, travel, gift cards or even Visa® prepaid cards right from PenFed Online Banking.
  • Special savings and discounts from top retailers
  • Inside connection to exclusive ticket pre-sales, special stay-and-play packages and exclusive ticket discounts
  • Access to premier golf benefits, sporting events & complimentary wine tastings
  • Complimentary 24/7 Concierge Service: Get complimentary Visa Signature® Concierge* assistance 24 hours a day. Find tickets to the top sports and entertainment events, book travel, make dinner reservations and even get help sending the perfect gift. To use your Visa Signature® Concierge service, call (800) 953-7392 or visit visasignatureconcierge.com. For calls outside the United States, call us collect at (630) 350-4551.
  • Purchase Security: Reimburses you, within the first 90 days from the date of purchase, in the event of theft, damage due to fire, vandalism, accidentally discharged water, or certain weather conditions, for eligible items you have purchased with your Visa Signature® card.
  • Warranty Manager Service: Offers you double the manufacturer's warranty coverage for items purchased with your Visa Signature® card (up to one additional year on eligible U.S. warranties of three years or less), plus easy warranty registration, and other time and money-saving conveniences.
  • Travel and Emergency Assistance Service: Saves you time and effort by helping you coordinate medical, legal, and travel services while you're away from home. (The cost of any goods or services purchased is your responsibility.)
  • Roadside Dispatch: Brings you the peace of mind offered by a 24/7 on-demand referral dispatch network that provides emergency roadside assistance, towing, and locksmith services whenever you need them. Call 1-800-VISA-TOW for further details.
  • Travel Accident Insurance: Offers you and your eligible family members automatic common carrier Accidental Death & Dismemberment coverage when you use your Visa Signature® card to purchase your travel tickets.
  • Click here for the complete benefits guide.
  • Verified by Visa - added security for all your online Visa card purchases.

†Cardholders are responsible for the cost of any goods or services purchased by the Visa Signature Concierge on cardholders’ behalf.

 

Keep in Mind: There's no limit to the points you can earn within the PenFed Platinum Rewards Program so the more you use the card, the more you are rewarded.

Not yet a PenFed member? Join now to apply.



Details and Disclosures

Credit Cards  

Rates and offers are current as of April 2015 and are subject to change.

 

Balance Transfers 

Transaction is subject to credit approval. All rates and offers subject to change. The interest rates applicable to purchases or cash advances and for prior promotional balances remain unchanged. Balance transfers are treated as cash advances so interest accrues from the date the transfer is posted to your account. Balance transfers of other PenFed credit cards, loans, and/or lines of credit are not eligible for this promotion. PenFed may stop offering this promotional rate for new balance transfers at any time and without prior notice.

 

You agree to allow 30 days to process your request, pay the amount(s) authorized and transfer the balance(s) to your PenFed credit card account. You may transfer up to your PenFed available credit, not to exceed your credit limit authorized by PenFed. Please continue to make minimum payments on your other credit card(s) until the balance(s) have been transferred. All over payments must be refunded by the other institution. Payment of the amount(s) authorized by you may or may not satisfy any outstanding balance(s) on the designated account(s). PenFed is not responsible for any remaining balance(s) or additional charges with regard to such accounts, nor for any charges resulting in any delay in the payment and transfer of balances. PenFed reserves the right to refuse multiple transfers from the same credit card. Transferred balances do not qualify for cash rewards or air-travel points under the Visa Platinum Rewards Program. Balance transfers do not earn credit toward rewards.

 

PenFed Platinum Rewards Visa Signature® Card 

Purchase and cash advance APR is 9.99% to 17.99% when you open your account, based on your creditworthiness. Your APR will vary with the market based on the Prime Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate.

  

Balance Transfers - 2.99% APR promotional balance transfer rate for 12 Months on transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will be 9.99% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer.This transaction is subject to credit approval. 

*The PenFed Platinum Rewards Visa Signature® Card program is issued and administered by PenFed. Refer to Benefits Information for complete program rules, terms and conditions.

 Rewards are available only for new purchases made with the card: cash advances, checks drawn from the account, and balance transfers are excluded and do not earn credit toward rewards. Certain restrictions may apply. Visa® USA determines which transactions are classified as gas purchases paid at the pump and supermarket purchases based on Merchant Category Codes. Military commissaries are supermarkets. Fuel purchases for airplanes and boats receive 1 point per dollar spent. Your card account must be open and in good standing to earn rewards. 

 

Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.

 

PenFed Promise Card  

Promise Visa Cardholders must subscribe to our e-statement service for ALL active credit card accounts held with PenFed. PenFed is not affiliated with or endorsed by Upromise, Inc.

Purchase and cash advance APR is 7.99% to 16.99% when you open your account, based on your credit worthiness. Your APR will vary with the market based on the Prime Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate. 

 

Balance Transfers - 4.99% APR promotional balance transfer rate for 12 Months on transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will be 7.99% to 16.99% based on your creditworthiness and will vary with the market based on the Prime Rate. This transaction is subject to credit approval.

 

PenFed Premium Travel Rewards American Express® Card 

Purchase and cash advance APR is 9.99% to 17.99% when you open your account, based on your creditworthinessYour APR will vary with the market based on the Prime Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approvalNot all applicants will qualify for the lowest rate. 

Balance Transfers - 2.99% APR promotional balance transfer rate for 12 Months on balance transfers made between April 1, 2015 through June 30, 2015After that, the APR for the unpaid balance and any new balance transfers will be 9.99% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer.  This transaction is subject to credit approval.

The PenFed Premium Travel Rewards American Express® Credit Card program is issued and administered by PenFed. Refer to American Express Benefits Information (PDF - Click Here) for complete program rules, terms and conditions. American Express® is a federally registered Service mark of American Express® and is used by PenFed pursuant to a license.

Cash advances, credit card checks, and balance transfers are excluded from earning point rewards. 

Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements. 

 

PenFed Defender American Express® Card 

Must be in military service, the National Guard, the Reserves, or an honorably discharged Veteran of the United States Military to apply.

Purchase and cash advance APR is 8.99% to 17.99% when you open your account, based on your creditworthiness. Your APR will vary with the market based on the Prime Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate. 

 

Balance Transfers - 4.99% APR promotional balance transfer rate for 12 months on transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will be 8.99% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. This transaction is subject to credit approval.

Cash advances, credit card checks, and balance transfers do not earn cash rewards. 

 

This Credit Card program is issued and administered by PenFed. Refer to American Express Benefits Information (PDF - click here) for complete   program rules, terms and conditions. American Express® is a federally registered Service mark of American Express® and is used by PenFed pursuant to a license.  

 

PenFed Defender Visa Signature® Card 

Must be in military service, the National Guard, the Reserves, or an honorably discharged Veteran of the United States Military to apply.

Purchase and cash advanceAPR i8.99% to 17.99% when you open your account, based on your creditworthiness. Your APR will vary with the market based on the Prime Rate.Rates are based on an evaluatioof applicant credit. Your actual APR will be discloseat the time of credit approval. Not all applicantwill qualify for the lowest rate. 

Balance Transfers - 4.99% APR promotional balance transfer rate for 12 months on transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will be  8.99% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. This transaction is subject to credit approval. 

Cash advances, credit card checks, and balance transfers do not earn cash rewards. 

 

Visa® Gold Card 

 

Purchase and cash advance APR is 12.49%. Your APR will vary with the Prime Rate.

 

 Balance Transfers - 3.99% APR promotional balance transfer rate for 12 Months on transfers made between March 01, 2015 through March 31, 2015. After that, the APR for the unpaid balance and any new balance transfers will vary with the market based on the Prime Rate, and is currently 12.49%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval.


Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.

 

 

Visa® Classic Card  

APR for purchases and cash advances is 13.99% and will vary with the market based on the Prime Rate.

Balance Transfers - 2.99% APR promotional balance transfer rate for 12 Months on Balance Transfers made between April 1, 2015 through June 30, 2015. After that, the APR for the unpaid balance and any new balance transfers will vary with the market based on the Prime Rate, and is currently  13.99%. A 3% balance transfer fee applies to each transfer.  This transaction is subject to credit approval.

Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.

 

Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

Wisconsin Residents: No provision of a marital property agreement, unilateral statement or court decree adversely affects the interest of the creditor unless the creditor, prior to the time the credit is granted, is furnished a copy of the agreement, statement or decree or has actual knowledge of the adverse provision when the obligation to the creditor is incurred.