Greatest PenFed Credit score Union Credit score Playing cards of 2019

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PenFed Credit score Union, headquartered in Tysons, Virginia, focuses on serving military-affiliated members and their households, though everybody is eligible to affix.

You’ll must submit an software and open a PenFed financial savings account with a $5 deposit to grow to be a member. When you don’t thoughts fulfilling these additional steps, you might probably qualify for bank cards with money-saving options.

The correct decide in your pockets is determined by your spending habits. Check out our favourite PenFed bank cards.

» MORE: NerdWallet’s finest credit score union bank cards

Greatest for journey

PenFed Pathfinder Rewards American Specific® Card

Advisable Credit score ScoreCard Particulars

Excessive rewards rateNo annual feeIntro APR interval on Stability TransfersNo international transaction payment
Membership requiredCan’t redeem for money again

$zero
Min APR: 12.99%, VariableMax APR: 17.99%, VariablePenalty APR: As much as 17.99%, VariableCash Advance APR: 17.99%, Variable
25,000 bonus factors by spending $2,500 within the first 90 days of account opening
zero% promotional charge for 12 months on transfers made now by way of September 30, 2019
Extra Data
Earn 25,000 Bonus Factors by spending $2,500 within the first 90 days of account opening.
zero% APR promo steadiness switch charge for 12 months with three% steadiness switch payment now by way of September 30, 2019. After that, the APR for the unpaid steadiness and any new steadiness transfers might be 12.99%% to 17.99%. APR will range with the market based mostly on Prime Price. Topic to credit score approval. When you reap the benefits of this steadiness switch, you’ll instantly be charged curiosity on all purchases made together with your bank card until you pay the complete account steadiness, together with steadiness transfers, in full every month by the fee due date.
Earn 4X Factors on journey purchases by way of the PenFed Honors Benefit program. Earn 3X factors on journey purchases for all different card holders
Earn 1.5X factors on all different purchases unrelated to journey.
$100 Annual Air Journey Credit score
$100 World Entry or $85 TSA PreCheck Profit each 5 years
No caps or limits on rewards. No annual or international transaction charges
Chip enabled for added safety
Variable charge as little as 12.99% APR. Price and gives present as of July 1, 2019 and are topic to alter
Federally insured by NCUA.

CARD DETAILS:

Rewards:

three factors again per greenback spent on journey purchases (four factors again on journey for PenFed Honors Benefit members).
1.5 factors again per greenback spent on all different purchases.

Welcome supply: 25,000 bonus factors by spending $2,500 within the first 90 days of account opening.

Annual payment: $zero.

APR: zero% promotional charge for 12 months on transfers made now by way of September 30, 2019, after which the continued APR of 12.99% – 17.99% Variable.

WHY WE LIKE IT:

The PenFed Pathfinder Rewards American Specific® Card gives a hard-to-find combo: premium perks with a $zero annual payment. Advantages embody a $100 annual air journey credit score and a reimbursement for World Entry or TSA Precheck software charges. The cardboard additionally earns wealthy rewards on journey purchases and a rock-solid charge on every part else.

DRAWBACKS:

The cardboard doesn’t cost international transaction charges, however you may expertise some hiccups when you use it overseas. American Specific isn’t as extensively accepted globally as Visa and Mastercard.

» MORE: Full assessment of the PenFed Pathfinder Rewards American Specific® Card

Greatest for gasoline

PenFed Platinum Rewards Visa Signature® Card

Advisable Credit score ScoreCard Particulars

No annual feeBonus money again categoriesNo international transaction payment
Membership requiredCan’t redeem for cashInconsistent level worth

$zero
APR: 11.99% – 17.99% Variable APRPenalty APR: As much as 17.99%, Variable
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.
zero% promotional charge for 12 months on transfers made now by way of September 30, 2019
Extra Data
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.
zero% APR promo steadiness switch charge for 12 months now by way of September 30, 2019. After that, the APR for the unpaid steadiness and any new steadiness transfers might be 11.99% to 17.99%. APR will range w/the market based mostly on Prime Price. three% steadiness switch payment per transaction. Topic to credit score approval. When you reap the benefits of this steadiness switch, you’ll instantly be charged curiosity on all purchases made together with your bank card until you pay the complete account steadiness, together with steadiness transfers, in full every month by the fee due date.
Price and gives present as of July 1, 2019 and topic to alter.
Earn 5 factors on gasoline purchases on the pump. Gasoline purchases for airplanes and boats don’t obtain money again rewards.
Earn three factors on grocery store purchases
Earn 1 level on all different purchases
No annual payment
No international transaction charges
No money advance payment
Chip enabled for added safety
Federally insured by NCUA
Variable charge as low As 11.99% APR

CARD DETAILS:

Rewards:

5 factors per greenback spent on gasoline on the pump.
three factors per greenback spent on grocery store purchases.
1 level per greenback on all different purchases.

Welcome supply: $100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.

Annual payment: $zero.

APR: zero% promotional charge for 12 months on transfers made now by way of September 30, 2019, after which the continued APR of 11.99% – 17.99% Variable APR.

WHY WE LIKE IT:

The PenFed Platinum Rewards Visa Signature® Card earns beneficiant rewards on on a regular basis classes you’re probably to make use of; 5X again on gasoline is among the many finest charges you could find in that class, incomes this card a spot in NerdWallet’s finest gasoline bank cards. There’s no spending cap in these bonus classes both.

DRAWBACKS:

You possibly can redeem rewards just for merchandise, reward playing cards and journey — money again shouldn’t be an choice. Excluding journey redemptions, level values are slightly decrease than the business commonplace of a penny some extent, and also you’ll want a minimal steadiness of 1,000 factors to start out redeeming. Notice, too, that the 5X again is just on “on the pump” purchases, which means what you purchase inside an connected comfort retailer could not qualify.

» MORE: Full assessment of the PenFed Platinum Rewards Visa Signature® Card

Greatest for flat-rate rewards

PenFed Energy Money Rewards Visa Signature® Card

Advisable Credit score ScoreCard Particulars

Excessive rewards rateNo annual feeNo international transaction payment

$zero
APR: 11.99% – 17.99% Variable APRPenalty APR: As much as 17.99%, Variable
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.
zero% promotional charge for 12 months on transfers made now by way of September 30, 2019
Extra Data
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.
zero% APR promo steadiness switch charge for 12 months with three% steadiness switch payment now by way of September 30, 2019. After that, the APR for the unpaid steadiness and any new steadiness transfers might be 11.99% to 17.99%. APR will range with the market based mostly on Prime Price. Topic to credit score approval. When you reap the benefits of this steadiness switch, you’ll instantly be charged curiosity on all purchases made together with your bank card until you pay the complete account steadiness, together with steadiness transfers, in full every month by the fee due date.
Price and gives present as of July 1, 2019 and are topic to alter.
1.5% limitless money again on all purchases
Versatile money redemption choices
No caps, limits or class restrictions on rewards
Earn as much as 2% money again by way of the PenFed Honors Benefit program
No annual or international transaction charges
Chip enabled for added safety
Federally insured by NCUA
Variable charge as little as 11.99% APR

CARD DETAILS:

Rewards:

1.5% limitless money again on all purchases (2% money again for PenFed Honors Benefit members).

Welcome supply: $100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.

Annual payment: $zero.

APR: zero% promotional charge for 12 months on transfers made now by way of September 30, 2019, after which the continued APR of 11.99% – 17.99% Variable APR.

WHY WE LIKE IT:

The PenFed Energy Money Rewards Visa Signature® Card gives an honest 1.5% cash-back charge on all purchases. You possibly can redeem money again for assertion credit score or a deposit right into a qualifying PenFed checking account. With no international transaction charges, this bank card is well-equipped for journey. As a part of the Visa community, it additionally gives broad worldwide service provider acceptance.

DRAWBACKS:

Different cash-back bank cards supply shinier introductory incentives reminiscent of the next sign-up bonus and a zero% introductory annual proportion charge for purchases.

Greatest for low curiosity

PenFed Promise Visa® Card

Advisable Credit score ScoreCard Particulars

No late feeNo annual feeIntro APR interval on Stability TransfersNo international transaction payment
No rewardsNeeds wonderful credit score

$zero
APR: 11.99% – 17.99% Variable APR
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening
four.99% promotional charge for 12 months on transfers made now by way of September 30, 2019
Extra Data
$100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.
four.99% APR promo steadiness switch charge for 12 months with no steadiness switch payment now by way of September 30, 2019. After that, the APR for the unpaid steadiness and any new steadiness transfers might be 11.99% to 17.99%. APR will range w/the market based mostly on Prime Price. Topic to credit score approval. When you reap the benefits of this steadiness switch, you’ll instantly be charged curiosity on all purchases made together with your bank card until you pay the complete account steadiness, together with steadiness transfers, in full every month by the fee due date.
Price and gives present as of July 1, 2019 and are topic to alter.
Completely no charges
No annual payment
No late payment
No money advance payment
No international transaction charges
Chip enabled for added safety
Federally insured by NCUA
Variable charge as little as 11.99% APR

CARD DETAILS:

Rewards:

Welcome supply: $100 bonus after spending $1,500 in buy transactions throughout the first 90 days of account opening.

Annual payment: $zero.

APR: four.99% promotional charge for 12 months on transfers made now by way of September 30, 2019, after which the continued APR of 11.99% – 17.99% Variable APR.

WHY WE LIKE IT:

The PenFed Promise Visa® Card is an easy steadiness switch choice that doesn’t cost many charges. The truth is, its lack of a steadiness switch payment earns it a spot amongst NerdWallet’s finest no steadiness switch payment bank cards. Its low ongoing APR can even prevent cash when you have a tendency to hold a steadiness. And there’s no penalty APR or late payment, though paying late can nonetheless have an effect on your credit score scores.

DRAWBACKS:

You received’t earn rewards. And whereas this card is an honest get-out-of-debt choice, there’s no zero% intro APR interval. You may be capable of save extra money and repay debt extra shortly with a steadiness switch card that options all three zeroes: a $zero annual payment, a $zero steadiness switch payment and a zero% introductory APR window.

» MORE: Assessment of the PenFed Promise Visa® Card

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