- LOW APR on purchases
- NO FEES
- $100 Statement Creditƚ When you spend $1,500 in the first 90 days
- 4.99% Promo APR On balance transfers for 12 months (subject to credit approval) Read More
- Favorable Fees No annual fees and no foreign transaction fees!
- Enhanced Security EMV chip-enabled for added security
Balance Transfer Offer for PenFed Promise Visa® Cardholders
Balance Transfers - % APR promotional balance transfer rate for on transfers made . After that, the APR for the unpaid balance and any new balance transfers will be %. 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||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.
Rate and offers current as of and are subject to change. View pricing lists & cardholder agreements.
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.
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.
Credit card applications completed online will require your agreement to receive application notifications and disclosures electronically.
Refer to the Traditional Program Benefits Guide (PDF) for detailed information.