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PenFed Promise Visa Card

in Personal Credit Cards

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PenFed Promise Visa Card

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in Personal Credit Cards

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Overview

Who is this credit card designed for?

PenFed Promise Visa Card is a credit card issued by Pentagon Federal Credit Union, which is based in McLean, VA. 

PenFed Promise Visa Card is designed for people with a credit score of 640 to 850. It's perfect for consumers looking for a card without an annual fee. This card supports balance transfers, which is an attractive feature if you have credit card debt and would like to transfer it to a card with a lower APR.

What are the relevant APRs?

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%.

Is an introductory APR offer available?

Yes, PenFed Promise Visa Card offers an introductory APR rate on balance transfers of 4.99% for a period of 12 months.

PenFed Promise Visa Card does not offer an introductory rate on new purchases.

What are the fees?

The following fees apply to PenFed Promise Visa Card:

  • There is no annual fee.
  • A late payment penalty of .
  • A returned payment fee of .
  • There is no overlimit fee
  • There are no foreign transaction fees.

Is a rewards program offered?

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

Is a signup bonus offered?

PenFed Promise Visa Card doesn't offer a cash signup bonus.

Is an annual loyalty bonus offered?

PenFed Promise Visa Card doesn't offer a cash loyalty bonus.

What additional benefits are offered?

 PenFed Promise Visa Card provides the following benefits:

  • Fraud Liability
  • Reports to major credit bureaus

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.

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Contact

  • Headquarters
  • 7940 Jones Branch Drive
    McLean, VA 22102 USA
  • Visit Site

Other Services by Pentagon Federal Credit Union

Availability

Available in 50 states and Washington, D.C.
  • 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

Late Payment Penalty
$0
Returned Payment Fee
$0
Grace Period for Late Payment (Days)
25
Over-Limit Fee
$0
Minimum Interest Charge
$0
Annual Fee
$0
Foreign Currency Transaction Fee
0%
No Annual Fee
No Foreign Transaction Fee
Minimum Age
18
Credit Score Range
640 - 850
850 300 640
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Customer Type
Personal
Credit Card Benefits
  • Fraud Liability
  • Identity Theft Protection
Purchase APR
(Variable APR)
11.24% - 17.99%
0% 29%
Cash Advance APR
(Variable APR)
11.24% - 17.99%
8% 27%
Balance Computation
average daily balance (including new purchases)
Balance Transfer APR
(Variable APR)
11.24% - 17.99%
8% 29%
Introductory Rate
4.99%
Intro APR period (months)
12

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Other Personal Credit Cards

Pentagon Federal Credit Union Personal Credit Cards

Product

Reviews

Purchase APR

Balance Transfer APR

Annual Fee

Credit Score Range

PenFed Platinum Rewards Visa Signature® Card
Purchase APR
(Variable APR)
11.24% - 17.99% 0% 29% Variable APR
Balance Transfer APR
(Variable APR)
11.24% - 17.99% 8% 29% Variable APR
Annual Fee $0 Annual Fee
Credit Score Range 700 - 850 300 850