
PenFed Platinum Rewards Visa Signature® Card
Explore a similar product
Try this top product in Credit Cards.
Community Rating |
Rating not yet determined |
Purchase APR | 13.49% - 17.99% |
Balance Transfer APR | 17.99% |
Credit Score Range | 650 - 850 |
Annual Fee | $0 |
PenFed Platinum Rewards Visa Signature® Card Review
This is a credit card issued by PenFed Credit Union. If you're wondering whether PenFed Platinum Rewards Visa Signature® Card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.
- Generous reward rate. You will get a rewards rate of up to 5x.
- 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 15000 points after spending $1,500 within 3 months that can be redeemed for travel, gifts, or other perks.
- Competitive APRs. PenFed Platinum Rewards Visa Signature® Card has a variable purchase APR that ranges from 13.49% up to 17.99%.
- 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.
- 3% Balance transfer fee. PenFed Platinum Rewards Visa Signature® Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Multiple credit card benefits. Includes generous credit card perks, such as and fraud protection.
- Fair or better credit required. You will have good approval odds if your credit score is above 650.
The Good | The Bad |
---|---|
|
|
Does PenFed Platinum Rewards Visa Signature® Card have a cash back or rewards program?
No, it does not offer a rewards program.
What are the PenFed Platinum Rewards Visa Signature® Card benefits?
It provides the following benefits:
- Reports to major credit bureaus
What are the relevant APRs for PenFed Platinum Rewards Visa Signature® 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.PenFed Platinum Rewards Visa Signature® Card has a variable purchase APR that ranges from 13.49% up to 17.99%. The card has a variable balance transfer APR of 17.99% . It also has a variable cash advance APR of 17.99% . Note that late payments are subject to an APR of 17.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does PenFed Platinum Rewards Visa Signature® Card have an intro APR offer on balance transfers?
Yes, it offers an intro APR rate on balance transfers of 0% for a period of up to 12 months.
Description | |
---|---|
Balance Transfer Introductory APR | 0% |
Balance Transfer Intro APR Period | 12 months |
Balance Transfer APR | 17.99% |
Balance Transfer Fee % | 3% |
Does PenFed Platinum Rewards Visa Signature® Card have an intro APR offer on new purchases?
This card does not offer an intro APR rate on new purchases.What are the fees for PenFed Platinum Rewards Visa Signature® Card?
The following fees apply:
- There is no overlimit fee
Fees | Amount |
---|---|
Annual Fee | $0 |
Overlimit Fee | $0 |
Foreign Transaction Fee | 0% |
Returned Payment Fee | up to $25 |
Late Payment Fee | up to $28 |
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.
Does PenFed Platinum Rewards Visa Signature® Card have a foreign transaction fee?
This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.What is the support contact email for PenFed Platinum Rewards Visa Signature® Card?
The support contact email for PenFed Platinum Rewards Visa Signature® Card is info@hq.penfed.org.
What is the PenFed Platinum Rewards Visa Signature® Card login page?
You can access the PenFed Platinum Rewards Visa Signature® Card login page here.
How do people rate the customer service and user experience of PenFed Platinum Rewards Visa Signature® Card?
We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.
Does PenFed Platinum Rewards Visa Signature® Card report your account activity to credit bureaus?
Yes, PenFed Platinum Rewards Visa Signature® Card reports your account activity to the following credit reporting agencies:
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 PenFed Platinum Rewards Visa Signature® Card
- Visit the PenFed Platinum Rewards Visa Signature® 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.
Contact
- Headquarters
-
7940 Jones Branch Dr
Tysons, VA 22102 USA - Visit Site
- Email Support
Other Services by PenFed Credit Union
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
Cash Advance Fee Minimum | $0 |
Cash Advance Fee (%) | 0% |
Foreign Currency Transaction Fee | 0% |
No Annual Fee | |
No Foreign Transaction Fee | |
Annual Fee | $0 |
Minimum Interest Charge | $0 |
Over-Limit Fee | $0 |
No Interest Grace Period for Late Payment | 25 days |
Returned Payment Fee | Up to $25 |
Late Fee Amount | Up to $28 |
PenFed Platinum Rewards Visa Signature® Card Community Reviews
Would you recommend PenFed Platinum Rewards Visa Signature® Card to your friends?
PenFed Credit Union Credit Cards
- Barnes and Noble Mastercard
- Benjamin Credit Card
- Black Hills FCU Visa Traditional Credit Card
- Colorado Credit Union Platinum Visa credit card
- Eddie Bauer Credit Card
- Founders FCU Preferred No Frills Credit Card
- Greenstate Credit Union Platinum Rewards Mastercard
- Matanuska Valley FCU VISA Secured Credit Card
- National Bank of Arizona Amazing Cash Visa Credit Card
- Patelco CU Student Rewards Credit Card
- Southwest Rapid Rewards® Priority Credit Card
- US Bank AeroMexico Visa Signature®