AMA PenFed Premium Travel Rewards American Express® Card
 

Key Features

  • Earn 5 points on airfare purchases
  • Earn 3 points on AMA and select AMA Member Value Program Provider purchases
  • Earn 1 point on all other purchases
  • 20,000 bonus points when you spend $2,500 within the first 3 months of opening the Card account
  • No annual fee
  • No foreign transaction fees
  • 4.99% APR promotional balance transfer rate for 48 Months on Balance Transfers made between April 01, 2014 through June 30, 2014. After June 30, 2014, the APR for 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.
  • Summary of terms (PDF)
  • Credit card agreement (PDF)

 

Interest Rates and Interest Charges 
Annual Percentage Rate (APR) for Purchases and Cash Advances 13.99% Your APR will vary with the market based on the Prime Rate.
APRs for Balance Transfers 4.99% APR promotional balance transfer rate for 48 Months on Balance Transfers made between April 01, 2014 through June 30, 2014. After June 30, 2014, the APR for 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.
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.

 

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

Benefits

  • Automatic enrollment into the PenFed Premium Rewards program
  • Ability to redeem points for a range of rich rewards, including travel, brand-named merchandise, and gift cards at AMAPremiumRewards.com 
  • Complimentary 24-hour concierge service
  • Two Complimentary LOUNGE CLUB visits at airports around the world upon spending $15,000 on the card in a calendar year.
  • Exceptional travel offers and discounts through the American Express Travel Privileges program
  • Comprehensive world-class travel insurance
  • Roadside assistance and car rental insurance
  • Click here (PDF) to view program and benefit details

Keep in Mind: There's no limit to the points you can earn.

Not yet a PenFed member? Join now to apply.



Details and Disclosures

Credit Cards  

Rates and offers are current as of April 2014 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 Pentagon Federal Credit Union 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 Pentagon Federal credit card account. You may transfer up to your Pentagon Federal available credit, not to exceed your credit limit authorized by Pentagon Federal Credit Union. 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). Pentagon Federal 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. Pentagon Federal reserves the right to refuse multiple transfers from the same credit card. Transferred balances do not qualify to earn rewards.

 

 

AMA PenFed Platinum Cash Rewards Card 

**Net purchases (new monthly purchases minus returns and credits). Rewards are available only for new monthly 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 paid at the pump and supermarket purchases. Fuel purchases for airplanes and boats receive 1% cash back.
 

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

Balance transfers - 4.99% APR promotional balance transfer rate for 48 Months on Balance Transfers made between April 01, 2014 through June 30, 2014. After June 30, 2014, the APR for 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.

 

 

 

AMA PenFed Promise Card 

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

7.49% introductory purchase APR for 36 months. After that, your APR will vary with the market based on the Prime Rate, and is currently 9.99%. The APR for cash advances is 9.99% and will vary with the market based on the Prime Rate.
 

Balance transfers - 4.99% APR promotional balance transfer rate for 48 Months on transfers made from April 01, 2014 through June 30, 2014 with no balance transfer fee. After that, the APR for any new balance transfers will be 9.99% and will vary with the market based on the Prime Rate. This transaction is subject to credit approval.

 

 

AMA PenFed Premium Travel Rewards American Express® Card 

The PenFed Premium Travel Rewards American Express® Credit Card program is issued and administered by PenFed. Refer to AMEX Benefits Information 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.
 

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

Balance transfers - 4.99% APR promotional balance transfer rate for 48 Months on Balance Transfers made between April 01, 2014 through June 30, 2014. After June 30, 2014, the APR for 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.