With the PenFed Gold Visa® Card, the benefits include low APR and low promotional balance transfer APR. Go for the gold today!
PenFed Gold Visa Card Summary
- Offer:
- 0% Introductory APR on purchases made the first 15 months after account opening
- APR for Purchases: 17.99% when you open your account, based on your creditworthiness.
- 0% Balance Transfers Promo APR for 15 months. 3% fee applies to each transaction. Subject to credit approval.
- APR for Balance Transfers: 0% introductory APR for 15 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%.
- 0% Introductory APR on purchases made the first 15 months after account opening
- Foreign Transaction Fee: None. You won’t be charged extra for using your PenFed card outside of the U.S
- Annual Fee: $0. You won’t have to pay an annual fee to enjoy all the great features that come with your PenFed card.
(Visit PenFed to learn more)
PenFed Gold Visa Card Features & Benefits
- No Fees
- Enhanced Security
- Transfer a Balance
- Discounts
- Learn More
PenFed Gold Visa Card Eligibility
When applying for this PenFed Gold credit card, you would have to enter into the PenFed Credit Union. If you want to qualify for this card, you would have to meet at least one of the qualifications listed below:
- If you are retired, honorably discharged or currently serving the U.S. military.
- Are you an employee of a qualifying organization?
- Do you belong to a qualifying association or organization?
- You are an employee of the U.S. government.
- Living or working in an eligible location.
- You are a family member or housemate of someone who is eligible.
In other words, if none of the qualifications above don’t match with you, then you can sign up with National Military Family Association or Voices for America’s Troops to be able to apply. Anybody is able to join, but a small fee will be included.
Visit penfed.org for more information.
Bottom Line
Even though this PenFed Gold Visa credit card will not give you any other rewards for your spending, it would be easier for you to gain more from a no annual, cash advance, or foreign transaction fees credit card.
However, if you want more for your moneys worth, then you should consider a low priced credit card that has an equal value and give you rewards for your expenses.
For more options, see our list of the latest credit card bonuses.