Is the PenFed Pathfinder Card a good first time credit card? This question is about the PenFed Pathfinder® Rewards Visa Signature® Card

No, the PenFed Pathfinder® Rewards Visa Signature® Card is not a good first-time credit card because it is only available to people with good credit. People who’ve never owned a credit card are unlikely to get approved unless they’ve built good credit through other means. There are plenty of good first-time credit cards on the market, though. Best First-Time Credit Cards Rates & FeesOverall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn Moreon issuer's websiteRates & FeesStudents: Capital One Quicksilver Student Cash Rewards Credit CardCapital One Quicksilver Student Cash Rewards Credit CardLearn MoreLearn Moreon issuer's websiteCash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn MoreRates & FeesBest Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn Moreon issuer's websiteNo Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website You can learn more about the best first-time credit cards on WalletHub.

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Is the PenFed Pathfinder Card a good first time credit card?

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This question is about the PenFed Pathfinder® Rewards Visa Signature® Card

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Chip Lupo, Credit Card Writer

@CLoop • 09/07/22 This answer was first published on 09/07/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, the PenFed Pathfinder® Rewards Visa Signature® Card is not a good first-time credit card because it is only available to people with good credit. People who’ve never owned a credit card are unlikely to get approved unless they’ve built good credit through other means. There are plenty of good first-time credit cards on the market, though.

Best First-Time Credit Cards

Rates & FeesOverall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn Moreon issuer's website
Rates & FeesStudents: Capital One Quicksilver Student Cash Rewards Credit CardCapital One Quicksilver Student Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
Cash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn More
Rates & FeesBest Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
No Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website

You can learn more about the best first-time credit cards on WalletHub.

Is it hard to get a PenFed credit card?

Yes, it is hard to get a PenFed credit card. All of PenFed’s main credit card offers require good or excellent credit for approval, or a score of 700+. Those include the PenFed Platinum Rewards card, Gold Visa and Power Cash Rewards card. Therefore, PenFed credit cards are hard to get for the average person, since the average credit score is only in the fair credit range. Applicants who don’t have a steady income will...

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How much is the starting PenFed Pathfinder credit limit?

The PenFed Pathfinder’s starting credit limit is $5,000. This limit is guaranteed for every cardholder. And if your credit score, income, and other financial factors qualify you for it, you might receive an even higher starting credit limit.

Initial credit limits aren’t permanent, though. You can request a credit limit increase online from your account, or by calling (800) 247-5626. To improve your chances of being granted an increase, always pay your bills on time and try to work...

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What are the PenFed credit card approval requirements?

The PenFed credit card approval requirements include an good (700+) credit score and proof of a steady income. Applicants must also be at least 18 years old and either a U.S. citizen or permanent resident.

Those under 21 years old will need to offer evidence of independent income, too. PenFed credit union membership is also required in order to be approved for a credit card. The membership requirements and the application to join are available on...

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