PenFed Platinum Rewards Visa Card

Editor's Notes

Card Highlights

Should you switch to the PenFed Platinum Rewards Visa Card?
If you have a strong credit score and you spend a lot of time on the road, you'll have a hard time finding a better rewards credit card than this one. In addition to generous rewards options, PenFed has also become well known for seasonal balance transfer deals that can save you significant amounts of money compared to the cards already in your wallet.

Active duty military personnel, veterans, and their family members automatically enjoy membership in Pentagon Federal Credit Union just by opening a small savings account. However, just about any American citizen with excellent credit can also gain membership by making a modest, one-time donation to one of PenFed's associated charities. With products like these, PenFed demonstrates how a credit union with a clear mission can thrive while saving money for its members. This card is best for eligible credit union members seeking good rewards on everyday purchases and a decent APR.

	Purchase	Balance Transfer	Cash Advance
Index:	Prime	Prime	Prime
Margin:	6.74	6.74	6.74
Standard APR:	9.99% Variable	9.99% Variable (promotional balance transfer rate on transfers made from April 1, 2013 through June 30, 2013 for the life of balance)	9.99% Variable
Standard APR Floor:
Introductory Rate:	9.99%*	4.99%	9.99%
Introductory Period:	through June 30, 2014	on transfers made from April 1, 2013 through June 30, 2013 for the life of balance	through June 30, 2014

Finance Calculation Method:	Average daily balance	Purchase Grace Period:	25 days
Default/Penalty APR:	17.99% Fixed	Default/Penalty Index:	N/A
Default/Penalty APR Floor:		Default/Penalty Margin:	N/A
Maximum Default APR:	Fixed
Penalty/Default Trigger:	If your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable Penalty APR. The Penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.

Annual Fee:	$0	Foreign Tranaction Fee:	None
Late Fee:	Up to - $25 max.	Over-the-limit fee:	None
Balance Transfer Fee:	See terms (No balance transfer fee on transfers made from April 1, 2013 through June 30, 2013. The fee for balance transfers made after June 30, 2013 will return to 3% (Min. $10 – Max. $250) per transaction.)	Cash Advance Fee:	None

Card Details

Card Issued By:	Pentagon Federal Credit Union
Card Type:	Visa
Card Category:	Miles/Points
Card Class:	Platinum
Maximum Credit Line:	N/A
How to Apply:	Online Application Form - Click to Apply
General Correspondence Address:	PO Box 1432 Alexandria,VA 22313 800 247 5626