USAWOA PenFed Defender American Express® Card Image

PenFed Defender American Express® Card

PRODUCT SNAPSHOT

Rewarding Your Service

We’re proud to reward those who serve and have served their country with a card that provides cash back on every purchase without any fees.

INTEREST & FEE INFORMATION »

CREDIT CARD AGREEMENT »

To apply for this exclusive card, please call us. 800-247-5626

  • 1.5% CASH BACK* on every purchase  
  • UNLIMITED CASH BACK REWARDS automatically credited to your account every month  
  • NO FEES   
  • NO PENALTY APR   
 
  • REQUIREMENTS Must be in military service, the National Guard, the Reserves, or an honorably discharged Veteran of the United States Military to apply.
  • ENHANCED SECURITY EMV chip-enabled for added security

Balance Transfer Offer for PenFed Power Cash Rewards Visa® Cardholders

% APR promotional balance transfer rate for on transfers made between . After that, the APR for the unpaid balance and any new balance transfers will be % to % based on your creditworthiness and will vary with the market based on the Prime Rate. 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.

Summary of Terms - PDF

Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases and Cash Advances % Your APR will vary with the market based on the Prime Rate.
APRs for Balance Transfers % APR promotional balance transfer rate for on Balance Transfers made between with no balance transfer fee. After that, the APR for the unpaid balance and any new balance transfers will vary with the market based on the Prime Rate, and is currently %. 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 in full each month by the payment due date.
Penalty APR and When It Applies None

Rate and offers current as of and are subject to change. View pricing lists & cardholder agreements.

*Cash advances, credit card checks, and balance transfers do not earn cash rewards.

Must be in military service, the National Guard, the Reserves, or an honorably discharged Veteran of the United States Military to apply.

This Credit Card program is issued and administered by PenFed. Refer to American Express Benefits Information (PDF)  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.

Additional Benefits

No annual fee

No foreign transaction fees

No balance transfer fees

No cash advance fees