Pen Air FCU Rewards Mastercard Credit Card

Pen Air FCU Rewards Mastercard Credit Card Review

This is a rewards card issued by Pen Air Federal Credit Union. If you're wondering whether Pen Air FCU Rewards Mastercard Credit Card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
• Signup bonus. Offers a signup bonus of 20000 points after spending $1,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Pen Air FCU Rewards Mastercard Credit Card has a variable purchase APR that ranges from 8.9% up to 18%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• $0 Balance transfer fee. This card does not charge a fee on balance transfers.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Pen Air FCU Rewards Mastercard Credit Card

The Good

The Bad

Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. No balance transfer fee. No annual fee. Access to a concierge. Identity Theft Protection. Cardholders can earn rewards on purchases everywhere Pen Air FCU Rewards Mastercard Credit Card is accepted. Pen Air FCU Rewards Mastercard Credit Card reports to multiple credit bureaus.

Pen Air FCU Rewards Mastercard Credit Card FAQ

Does Pen Air FCU Rewards Mastercard Credit Card have a cash back or rewards program?

Pen Air FCU Rewards Mastercard Credit Card is a rewards card.

Pen Air FCU Rewards Mastercard Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	20000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	3 months

What are the Pen Air FCU Rewards Mastercard Credit Card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Pen Air FCU Rewards Mastercard Credit Card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Pen Air FCU Rewards Mastercard Credit Card has a variable purchase APR that ranges from 8.9% up to 18%. The card has a variable balance transfer APR that ranges from 8.9% up to 18%. It also has a variable cash advance APR that ranges from 8.9% up to 18%.

What are the fees for Pen Air FCU Rewards Mastercard Credit Card?

The following fees apply:

Pen Air FCU Rewards Mastercard Credit Card Fees

Fees	Amount
Annual Fee	$0
Returned Payment Fee	up to $29
Late Payment Fee	up to $29

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Pen Air FCU Rewards Mastercard Credit Card report your account activity to credit bureaus?

Yes, Pen Air FCU Rewards Mastercard Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Pen Air FCU Rewards Mastercard Credit Card

• Visit the Pen Air FCU Rewards Mastercard Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.