No Fees

No Annual Fees:

• You won't have to pay an annual fee to enjoy all the great features that come with your PenFed card.

No Foreign Transaction Fees: 

• You won’t be charged extra for using your PenFed card outside of the U.S.

Enhanced Security

24/7 Fraud Monitoring:

• Your account is monitored for transactions that may indicate fraudulent activity, and we may contact you immediately if fraud is suspected.

Chip-enabled cards:

• When used at a chip-enabled terminal, chip technology provides stronger security for your card information.

Secure Remote Commerce (SRC):

• Shop online with the peace of mind that Visa uses advanced technologies and multiple layers of payment security to help protect your card against unauthorized use. Set-up your Visa SRC account today!

Tokenized account numbers in your mobile wallet:

• Your name, account number, and security codes aren’t stored on your device so merchants never see your account information.

Transfer a Balance

Increase your financial freedom by taking advantage of our competitive balance transfer offers. Use your balance transfer to:

• Consolidate debt and lower your interest rates

• Pay down higher-rate cards

• Reduce your monthly payments

• Cover unexpected expenses

Discounts

Member Discounts

• You can get extra savings, special offers, and discounts on products and services just for being a member. Check out available offers today!