
PenFed Promise Visa Card
Explore a similar product
Try this top product in Personal Credit Cards.
Community Rating |
Rating not yet determined |
Purchase APR (Variable APR) | 12.49% - 17.99% |
Balance Transfer APR (Variable APR) | 12.49% - 17.99% |
Credit Score Range | 640 - 850 |
Annual Fee | $0 |
PenFed Promise Visa Card Review
This is a credit card issued by PenFed Credit Union. If you're wondering whether PenFed Promise Visa 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.
- Signup bonus. Offers a signup bonus of $100 if you spend $1500 within 3 months.
- Competitive APRs. PenFed Promise Visa Card has a variable purchase APR that ranges from 12.49% 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.
- $0 Balance transfer fee. This card does not charge a fee on balance transfers.
- 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.
- Fair or better credit required. You will have good approval odds if your credit score is above 640.
The Good | The Bad |
---|---|
|
|
Does PenFed Promise Visa Card have a cash back or rewards program?
No, it does not offer a rewards program.
What are the PenFed Promise Visa Card benefits?
It provides the following benefits:
- Zero fraud liability
- Reports to major credit bureaus
What are the relevant APRs for PenFed Promise Visa 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 Promise Visa Card has a variable purchase APR that ranges from 12.49% up to 17.99%. The card has a variable balance transfer APR that ranges from 12.49% up to 17.99%. It also has a variable cash advance APR that ranges from 12.49% up to 17.99%.
Does PenFed Promise Visa Card have an intro APR offer on balance transfers?
Yes, it offers an intro APR rate on balance transfers of 4.99% for a period of up to 12 months.
Description | |
---|---|
Balance Transfer Introductory APR | 4.99% |
Balance Transfer Intro APR Period | 12 months |
Balance Transfer APR | 12.49% - 17.99% |
Balance Transfer Fee % | 0% |
Does PenFed Promise Visa 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 Promise Visa 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 | $0 |
Late Payment Fee | $0 |
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.
Does PenFed Promise Visa 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 Promise Visa Card?
The support contact email for PenFed Promise Visa Card is info@hq.penfed.org.
How do people rate the customer service and user experience of PenFed Promise Visa Card?
We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.
Does PenFed Promise Visa Card report your account activity to credit bureaus?
Yes, PenFed Promise Visa 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 PenFed Promise Visa Card
- Visit the PenFed Promise Visa 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 - Visit Site
- Email Support
Other Services by PenFed Credit Union
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
Cash Advance Fee Minimum | $0 |
Cash Advance Fee (%) | 0% |
Minimum Cash Advance Fee ($) | $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 | $0 |
Late Fee Amount | $0 |
PenFed Promise Visa Card Community Reviews
Would you recommend PenFed Promise Visa Card to your friends?
PenFed Credit Union Personal Credit Cards
- Alaska Airlines Visa Signature® Card
- American Eagle FCU Platinum Visa Credit Card
- BlackSteel Credit Card
- California Coast Credit Union Platinum Secured Mastercard®
- Central Bank World Elite Mastercard®
- City National Bank Low Rate Card
- Extra Credit Union Platinum Reward Mastercard
- Group One Platinum Card
- Little Switzerland Credit Card
- Reflex Mastercard®
- True Value Discover Credit Card
- US Bank Cash+™ Visa Signature Card