/2016_-_Q1_Year_To_Shine/logo.png "Pentagon Federal Credit Union"){kind=logo}
FAQs
PENFED CHECKING
Bank with Confidence: Access America Checking
No monthly service fees with daily balance or monthly direct deposit of $500 or more
PENFED HONORS ADVANTAGE
Access America Checking earns you more!
As an Access America Checking account holder, you can earn 2% cash back on everything you purchase with a PenFed Power Cash Rewards Visa Signature® card.
MOBILE APP
Wherever you go,
take PenFed with you!
The PenFed Mobile banking app provides around-the-clock access to your PenFed accounts. Get transaction details, transfer balances, track loan application status, and much more! Deposit checks quickly and easily with your smartphone or tablet.
Access America Checking lets you bank your way
Two ways to avoid a $10 monthly fee
OR
Earn More
Bank anytime, anywhere
Get paid early
Earn up to![]( "Access America PenFed National Average")
the national average1 on your checking account balance with a direct deposit of $500 or more.
We use the account’s end of day balance to
calculate the dividends earned that day.
APY2
PenFed Mobile Deposit:
It's as easy as app, snap, tap
Additional Features & Benefits
Fee-free ATM Locations
Where’s an ATM when you need it? Get access to our![]( "PenFed ATMs")
+ fee-free ATM network of Allpoint and CO-OP ATMs, giving you access to more machines than the leading banks.
Easy Access:
Fee-free PenFed ATMs are located at many well known retailers such as Target, CVS Pharmacy, Circle K, Winn Dixie, Rite Aid, Kroger, Speedway, and Safeway.
Debit Card Features
Overdraft Line of Credit
Bill Pay and More
1The rate for our Checking Account is up to![]( "Access America PenFed National Average")
the national average of ![]( "Access America National Average APY")
% APY, based on the national average of checking accounts rates published in the FDIC Weekly National Rates and Rate Caps accurate as of ![]( "Access America National Average Date")
.
2Account is a variable rate account. APY is valid as of last dividend declaration date of![]( "Dividend Declaration Date")
and subject to change at any time. Fees may reduce earnings on account. Minimum deposit of $25 required to open account. When an account is terminated prior to the end of a statement cycle, dividends will be paid if the aggregate deposit requirement is met on the date of account termination. Dividends are compounded daily and paid monthly.
3Early access to direct deposit is available for all PenFed members regardless of account type, that set up a direct deposit with their employer or the other payor. Early direct deposit eligibility may vary between pay periods and timing of payers funding.
4Have peace of mind knowing that PenFed won’t hold you responsible for unauthorized transactions on your Visa debit card. Visa’s Zero Liability policy applies to purchases made in the store, over the telephone, online, or via a mobile device. Visa’s Zero Liability policy does not apply to transactions not processed by Visa.
5Rates and offers current as of![]( "ratemonthstart")
and are subject to change. After account opening, a three business day waiting period applies for credit line advances. This account can only be accessed by overdraft from a checking account. No other types of advances are permitted.