- 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.
Details, Rates & Fees
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* See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the 'Apply Now' button, you can review the credit card terms and conditions on the provider's website.
| Cash Advance Rate | See Terms* |
| Cash Advance Fee | $0 |
| Late Fee | Up to $25 |
| Penalty APR | See Terms |
| Balance Transfer Fee | 3%, Min: $10 |
| Foreign Transaction Fee | 0% |
| Return Payment Fee | See Terms |
Cardholders' Reviews
Applied for the card online newer to PenFed, Pulled EQ 816 score, instant approval 22,000. have had no problems with the card yet, did offer bal transfer for 12mo 0 interest, use to travel customer service always good and in USA. No Problems had 1.5yrs!!
Applied for the card online newer to PenFed, Pulled EQ 816 score, instant approval 22,000. have had no problems with the card yet, did offer bal transfer for 12mo 0 interest, use to travel customer service always good and in USA. No Problems had 1.5yrs!!
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† Credit Karma looks at how your credit profile compares to other Credit Karma members who were approved for this product. Of course, there's no such thing as a sure thing, but knowing whether your Approval Odds are Very Good, Good, Fair or Poor may help you narrow down your choices.
‡ Average score refers to the arithmetic mean, typical low score to the 5th percentile and typical high score to the 95th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from April 2017 through September 2017. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.