PenFed Promise Visa Card Review

PenFed Promise Visa Card is a credit card issued by PenFed Credit Union. 

Fair credit. This card is designed for people with fair credit. The minimum credit score to apply is 640.

If you're wondering whether PenFed Promise Visa Card is the right card for you, read on. This is everything you need to know to make a good choice.

Is there a PenFed Promise Visa Card cash back or rewards program?

No, PenFed Promise Visa Card does not offer a rewards program.

PenFed Promise Visa Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the PenFed Promise Visa Card benefits?

PenFed Promise Visa Card provides the following benefits:

• Fraud Liability
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for PenFed Promise Visa Card?

PenFed Promise Visa Card has a variable purchase APR that ranges from 11.24% up to 17.99%. The card has a variable balance transfer APR that ranges from 11.24% up to 17.99%.

It also has a variable cash advance APR that ranges from 11.24% up to 17.99%.

What are the PenFed Promise Visa Card fees?

No Annual Fee. PenFed Promise Visa Card does not charge an annual fee. No foreign transaction fee. PenFed Promise Visa Card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

The following fees apply to PenFed Promise Visa Card:

PenFed Promise Visa Card Fees

Fees	Amount
Annual Fee	$0
Overlimit Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	$0
Late Payment Fee	$0

Does PenFed Promise Visa Card report your account activity to credit bureaus?

PenFed Promise Visa Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for PenFed Promise Visa Card

• Visit the PenFed Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.