What credit score do you need for a PenFed credit card? This question is about PenFed Credit Card Reviews

The credit score that you need for a PenFed credit card is 700+. That means applicants need good credit for approval. This applies to all PenFed credit cards. If you receive a pre-approved mail or e-mail offer for a PenFed credit card, it means your credit profile likely meets the card's requirements for approval. While such an offer doesn't guarantee approval, it indicates good odds of getting the card. So, make sure you apply by flagging your application through the PenFed pre-approval web page. PenFed Credit Card Credit Score by Card PenFed Power Cash Rewards Visa Signature® Card: A credit score of 700+ (good credit) PenFed Pathfinder® Rewards Visa Signature® Card: A credit score of 700+ (good credit) PenFed Platinum Rewards Visa Signature® Card: A credit score of 700+ (good credit) PenFed Gold Visa® Card: A credit score of 700+ (good credit) Applying for credit cards will trigger hard inquiries on your credit report, which may temporarily damage your credit score. So, make sure you qualify before applying. If you don't know where you stand, you can check your score for free, right here on WalletHub. Ultimately, it is worth noting that PenFed membership is now open to everyone. But keep in mind that simply having the credit score needed for a PenFed credit card does not guarantee approval. Some other key criteria include your annual income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.

Ad Disclosure Ad Disclosure

What credit score do you need for a PenFed credit card?

Answer Question Report Abuse

This question is about PenFed Credit Card Reviews

see this user

Bogdan Roberts, Credit Cards Moderator

@bogdan_roberts • 10/21/22 This answer was first published on 06/18/21 and it was last updated on 10/21/22.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.

Permalink Report Abuse

The credit score that you need for a PenFed credit card is 700+. That means applicants need good credit for approval. This applies to all PenFed credit cards.

If you receive a pre-approved mail or e-mail offer for a PenFed credit card, it means your credit profile likely meets the card's requirements for approval. While such an offer doesn't guarantee approval, it indicates good odds of getting the card. So, make sure you apply by flagging your application through the PenFed pre-approval web page.

PenFed Credit Card Credit Score by Card

PenFed Power Cash Rewards Visa Signature® Card: A credit score of 700+ (good credit)
PenFed Pathfinder® Rewards Visa Signature® Card: A credit score of 700+ (good credit)
PenFed Platinum Rewards Visa Signature® Card: A credit score of 700+ (good credit)
PenFed Gold Visa® Card: A credit score of 700+ (good credit)

Applying for credit cards will trigger hard inquiries on your credit report, which may temporarily damage your credit score. So, make sure you qualify before applying. If you don't know where you stand, you can check your score for free, right here on WalletHub.

Ultimately, it is worth noting that PenFed membership is now open to everyone. But keep in mind that simply having the credit score needed for a PenFed credit card does not guarantee approval. Some other key criteria include your annual income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.

see this user

Shahnul, Member

@sislam1_ail • 11/18/21 This answer was first published on 11/18/21. 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.

Permalink Report Abuse

You only need 680+ for the signature cards. I got the platinum rewards at 708 score and going to get the power rewards in a couple of months.

Larry Turner @Justmy2pennies

Report Abuse

My score is nowhere near 750, andf I was approved not only for a Pen Fed Gold Card, but 3 months later refinanced my house for a much lower rate!

Answer Question

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...

read full answer

How can I get pre-approved for a PenFed credit card?

PenFed has pre-approval, but it only extends pre-approved offers via mail or e-mail, or to existing customers through their online account. PenFed does not have an online tool that interested consumers can use to check their pre-approval status. And unlike online pre-approvals that may return results for multiple cards with the highest odds of approval, PenFed’s mailed or e-mailed pre-approval offers will be for one specific credit card.

If you wish to respond to...

read full answer

What is the best PenFed credit card?

The best PenFed credit card is the PenFed Pathfinder® Rewards Visa Signature® Card. It offers 3 points per $1 spent on travel (4 points per $1 for Honors Advantage Members) and 1.5 points per $1 on all other purchases, and it gives 50,000 points for spending $3,000 in the first 90 days after opening an account. The card also comes with a $95 annual fee, and you need at least good credit for approval.

You can get the PenFed Pathfinder® Rewards Visa Signature® Card, or any other PenFed product, without a military affiliation. Membership in the credit union is now open to everyone for free.

Best PenFed Credit Card Options

Best for Travel: PenFed Pathfinder® Rewards Visa Signature® CardPenFed Pathfinder® Rewards Visa Signature® CardLearn MoreLearn Moreon issuer's website

Initial Bonus: 50,000 points for spending $3,000 in the first 90 days

Ongoing Rewards: 3 points per $1 spent on travel (4 points per $1 for Honors Advantage Members) and 1.5 points per $1 on all other purchases

... read full answer

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.