Annual Fee $0
Rewards Details Earn 5 points on airfare purchases, and 1 point on all other purchases
Credit Rating Excellent
Foreign Transaction Fee 0%
Introductory APR 9.99%
Introductory APR Period 24 months
Introductory Balance Transfer APR 4.99%
Introductory Balance Transfer Period For life
Balance Transfer Fee 3%
Ongoing APR 9.99%
Penalty APR 17.99%, Variable
Cash Advance APR 9.99%, Variable
Intro Bonus Tier Level Average
Rewards Tier Level Average
Perks Tier Level Poor
- You must be a PenFed member to apply. Not yet a member? It's easy to join!
- You may be eligible through your employment, association membership, and volunteerism, or by becoming a member of one of our nonprofit partner organizations.
- Earn 5 points on airfare purchases, and 1 point on all other purchases.
- Earn 20,000 bonus points when you spend $650 within the first 3 months of opening the Card account - that's worth $200 toward your next round-trip airline ticket.
- Free LOUNGE CLUB™ membership which provides worldwide airport lounge access (upon spending $15,000 on the Card within a calendar year).
- Ability to redeem points for a wide range of rich rewards, including travel, brand-named merchandise, and gift cards at PenFedPremiumRewards.com.