How do I get the PenFed Gold Visa Card sign-up bonus?

The starting credit limit for the PenFed Gold Visa card is $500. But your credit limit might be higher, if your credit score, income, and other financial factors qualify you for it.

Your PenFed Gold Visa approval odds are good if you have a credit score of 700+, which is considered good credit. Approval odds for the PenFed Gold Visa card will also be influenced by your annual income and existing debts. Applicants will need to be 18+ years old with a U.S. mailing address and an SSN or ITIN, as well.... read full answer

What You Need for Good PenFed Gold Visa Card Approval Odds

• Good credit or better
• Enough income to pay credit card bills
• Low debt relative to income
• Low housing costs relative to income
• U.S. mailing address
• Age of 18+
• Social Security Number or Individual Taxpayer Identification Number

Keep in mind that many of these are guidelines rather than requirements. For example, you may have a low annual income but no debts and still get approved. If you want to enhance your application by improving your credit score, WalletHub’s free credit analysis can tell you what steps to take.

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 ... read full answernow open to everyone for free.

Best PenFed Credit Card Options

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

Annual Fee: $95

Min. Credit Required: Good credit

Initial Bonus: $100 statement credit for spending $1,500 in the first 90 days

Ongoing Rewards: 1.5% cash back on all purchases (2% cash back for Honors Advantage Members)

Annual Fee: $0

Min. Credit Required: Good credit

Initial Bonus: 15,000 points for spending $1,500 in the first 3 months

Ongoing Rewards: 5 points per $1 spent on gas and electric vehicle charging stations, 3 points per $1 at supermarkets and restaurants, 3 points per $1 on cable, satellite and other pay television/radio/streaming services, as well as 1 point per $1 on all other purchases

Annual Fee: $0

Min. Credit Required: Good credit

Intro APR: 0% for 15 months on purchases and balance transfers

Regular APR: 15.49% - 17.99% (V)

Annual Fee: $0

Balance Transfer Fee: 3%

Min. Credit Required: Good credit

You can check your credit score for free, right here on WalletHub, to gauge your odds of qualifying for one of the best PenFed credit cards.