Maria Adams, Credit Cards Moderator
@m_adams
No, PenFed doesn’t have any secured credit cards. Pentagon Federal Credit Union has offered secured credit cards in the past, but they stopped taking new secured card applications a while back.
PenFed only offers unsecured credit cards for members with above-average credit. There’s no security deposit required, but potential customers with credit scores below 700 may find it difficult to get approved. Although PenFed does not have a secured credit card, there are plenty of good alternatives.
Some of the Best Secured Credit Cards in 2026
- Customized Rewards: U.S. Bank Cash+® Visa® Secured CardLearn MoreLearn More
- Customized Rewards: U.S. Bank Cash+® Visa® Secured CardLearn MoreLearn Moreon issuer's website
- Customized Rewards: U.S. Bank Cash+® Visa® Secured CardLearn MoreLearn More
- Rates & Fees No Credit Check: opensky® Plus Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website
- Rates & Fees No Credit Check: opensky® Plus Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website
- No Credit Check: opensky® Plus Secured Visa® Credit CardLearn MoreLearn More
- Rates & Fees High Rewards Rate: Capital One Quicksilver Secured Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- Rates & Fees High Rewards Rate: Capital One Quicksilver Secured Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- High Rewards Rate: Capital One Quicksilver Secured Cash Rewards Credit CardLearn MoreLearn More
- Cash Back: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn More
- Cash Back: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn Moreon issuer's website
- Cash Back: Bank of America® Customized Cash Rewards Secured Credit CardLearn MoreLearn More
- Customized Rewards:
- No Credit Check:
- High Rewards Rate:
- Cash Back:
Ultimately, you can check our editors’ latest picks for the best secured credit cards on the market to see which one best suits your needs.
Popular Military Credit Cards
-
Travel Rewards
-
Gas Rewards
-
Low Interest
-
Cash Back
People also ask
What banks offer secured credit cards?
Capital One is the best bank for secured credit cards, offering multiple options with $0 fees and low security deposits. You can choose between the Capital One Platinum Secured Credit Card (see details, rates & fees) and the Capital One Quicksilver Secured Cash Rewards Credit Card (see details, rates & fees), both of which are among the best secured cards overall.
Banks That Offer Secured Credit Cards
- Bank of America: BankAmericard® Secured Credit Card
- Capital One: Capital One Platinum Secured Credit Card (see details, rates & fees)
- Citibank: Citi® Secured Mastercard®
- PNC Bank: PNC Bank Secured Credit Card
- Truist Bank: Truist Enjoy Cash Secured Credit Card
- USAA: USAA® Secured Visa Platinum® Card
- U.S. Bank: U.S. Bank Secured Visa® Card
A number of smaller banks and credit...
read full answer by WalletHub, Financial CompanyWhat are the PenFed credit card approval requirements?
The PenFed credit card approval requirements include having good credit (a 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...
read full answer by Maria Adams, Credit Cards ModeratorWhat 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), 2 points per $1 spent on dining (3 points per $1 for Honors Advantage Members) and 1.5 points per $1 on all other purchases, and you can get a bonus of 50,000 points for spending $3,000 in the first 90 days. The card also comes with a $95 annual fee.
You need at least good credit to qualify for the PenFed Pathfinder® Rewards Visa Signature® Card, but you can get it (or any other PenFed product) without being a member of the military. Membership in the credit union is now open to everyone for free.
Best PenFed Credit Cards
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), 2 points per $1 spent on dining (3 points per $1 for Honors Advantage Members) and 1.5 points per $1 on all other purchases
Annual Fee: $95
Credit Score: Good
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
Credit Score: Good
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
Credit Score: Good
Initial Bonus: N/A
Ongoing Rewards: N/A
Purchase Intro APR: 0% for 15 months
Regular APR: 17.99% (V)
Annual Fee: $0
Credit Score: Good
You can check your credit score for free,...
read full answer by James Bronzz, WalletHub AnalystDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.