Pen Air FCU Secured Mastercard Credit Card

Pen Air FCU Secured Mastercard Credit Card Review

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

Key Takeaways

• Competitive APRs. Pen Air FCU Secured Mastercard Credit Card has a variable purchase APR of 12.90%
• No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of Pen Air FCU Secured Mastercard Credit Card

The Good	The Bad
Potentially lower than average purchase APRs. No annual fee. Access to a concierge. Identity Theft Protection. Considers applicants with fair credit. Pen Air FCU Secured Mastercard Credit Card reports to multiple credit bureaus.	Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

Pen Air FCU Secured Mastercard Credit Card FAQ

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

No, it does not offer a rewards program.

What are the Pen Air FCU Secured 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 Secured 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 Secured Mastercard Credit Card has a variable purchase APR of 12.90%. The card has a variable balance transfer APR of 12.9% . It also has a variable cash advance APR of 12.90% .

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

The following fees apply:

Pen Air FCU Secured 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 card.

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

Yes, Pen Air FCU Secured 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 Secured Mastercard Credit Card

• Visit the Pen Air FCU Secured 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.