Pentagon FCU Platinum Visa Credit Card

Pentagon FCU Platinum Visa Credit Card Review

This is a rewards card issued by Pentagon Federal Credit Union. If you're wondering whether Pentagon FCU Platinum Visa Credit Card is the right card for you, read on.

Key Takeaways

• 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 up to $100 if you spend $1500 within 3 months.
• Competitive APRs. Pentagon FCU Platinum Visa Credit 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 rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Pentagon FCU Platinum Visa Credit 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 access to a concierge, emergency support, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Pentagon FCU Platinum Visa Credit Card

The Good

The Bad

Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 12 months. No annual fee. Multiple credit card perks. Access to a concierge. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Pentagon FCU Platinum Visa Credit Card is accepted. Pentagon FCU Platinum Visa Credit Card reports to multiple credit bureaus.

Charges a 3% balance transfer fee.

Pentagon FCU Platinum Visa Credit Card FAQ

Does Pentagon FCU Platinum Visa Credit Card have a cash back or rewards program?

Pentagon FCU Platinum Visa Credit Card is a rewards card.

Pentagon FCU Platinum Visa Credit Card Rewards

Minimum rewards rate	1x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	$100
Signup Bonus Spend Requirement	$1500
Signup Bonus Spend Period (months)	3 months

What are the Pentagon FCU Platinum Visa Credit Card benefits?

It provides the following benefits:

• Emergency Support
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Pentagon FCU Platinum Visa 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.

Pentagon FCU Platinum Visa Credit 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.

What are the fees for Pentagon FCU Platinum Visa Credit Card?

The following fees apply:

• There is no overlimit fee

Pentagon FCU Platinum Visa Credit Card Fees

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 rewards card.

Does Pentagon FCU Platinum Visa Credit Card report your account activity to credit bureaus?

Yes, Pentagon FCU Platinum Visa 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 Pentagon FCU Platinum Visa Credit Card

• Visit the Pentagon FCU Platinum Visa 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.