|ANNUAL AMAC MEMBERSHIP|
|CREDIT when you pay with|
|your PenFed credit card|
- 1.5% Cash Back** on all purchases made with your card
- 2% Total Cash Back** for PenFed Honors Advantage Membersƚƚ
- 0% Promo APR On balance transfers for 12 months, 3% fee applies to each transaction. Subject to credit approval. Read More
- $100 Statement Creditƚ when you spend $1,500 in the first 90 days
- Favorable Fees No annual fees and no foreign transaction fees!
- Enhanced Security EMV chip-enabled for added security
- Contactless Payments enabled Fast, Easy, and Secure Checkouts!
Balance Transfer Offer for PenFed Power Cash Rewards Visa® Cardholders
% APR promotional balance transfer rate for on transfers made . After that, the APR for the unpaid balance and any new balance transfers will be %. A % balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||% to % when you open your account, based on your creditworthiness.* Your APR will vary with the market based on the Prime Rate.|
|APRs for Balance Transfers||% promotional balance transfer rate for on transfers made between . After that, the APR for the unpaid balance and any new balance transfers will be 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.|
|Cash Advance Fee||None|
*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.
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 $1.00 fee for mailed paper statements.
Rate and offers current as of and are subject to change. View pricing lists & cardholder agreements.
**Cash advances, credit card checks, and balance transfers are excluded from earning cash rewards.
ƚAccounts that are issued and approved will receive a $100 statement credit upon spending $1500 in purchase transactions within 90 days of account opening. Cash advances, credit card checks, and balance transfers do not qualify as purchase transactions. Each account is eligible for 1 statement credit of $100. Please allow 4 weeks after spending $1500 to receive the statement credit.
ƚƚTo qualify for the PenFed Honors Advantage Program you must 1) be in an active military service status, a member of the Reserves or National Guard, an honorably discharged U.S. Military Veteran or retired from such service OR 2) the member must be the primary owner on both the credit card and checking accounts of any existing open PenFed product, excluding PenCheck Limited accounts, or open a new Access America Checking account with PenFed.
How Much Cash Back Can I Earn?
Calculate Your Rewards
Your Cash Rewards
What you can do with cash rewards
Deposit into PenFed Account
Transfer to another Financial Institution
PenFed Honors Advantage
You receive all the features and protection of the PenFed Power Cash Rewards Visa® Card with 1.5% cash back plus an additional 0.50%.
This offer is a distinguished as our members, and it's an honor for us to provide this program to you.
*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.