PenFed Credit Cards
If you have questions about an existing credit card account with Pentagon Federal Credit Union (a WalletHub partner), the PenFed credit card customer service number is 1 (800) 247-5626. If you’re interested in applying for a card, you can compare the latest PenFed credit card offers, read customer reviews and more below.
PenFed Credit Cards with Great Reviews
- PenFed Platinum Rewards Visa Signature® Card – 4.5/5 editor’s rating
- PenFed Gold Visa® Card – 3.3/5 editor’s rating
- PenFed Power Cash Rewards Visa Signature® Card – 4.4/5 editor’s rating
- PenFed Pathfinder® Rewards Visa Signature® Card – 4/5 editor’s rating

Not Offered
0% for 12 months|Transfer Fee: 3%
17.99% (V)
annual fee
$0
rewards rate
1 - 5 points / $1
Bonus Offer
15,000 points
Bonus Offer
15,000 points
Good Credit
Pros
- No annual card fee
- Intro APR on balance transfers
- High rewards rate
- 15,000 points initial rewards bonus
Cons
- No intro APR on purchases
- Balance transfer fee
- Requires good/excellent credit
Rewards Details
- Get Rewarded on Everyday Purchases
- 5x Points on gas paid at the pump and EV charging stations
- 3x Points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services
- 1x Points on all other purchases
- 15,000 Bonus Points when you spend $1,500 in first 90 days
Additional Info
- 0% introductory APR for 12 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $0
- Purchase Variable APR: 17.99%
- Refer to PenFed.org for Terms/Conditions
- More Details & Reviews About PenFed Platinum Rewards Visa Signature® Card

0% for 15 months
0% for 15 months|Transfer Fee: 3%
15.49% - 17.99% (V)
annual fee
$0
rewards rate
None
Good Credit
Pros
- No annual card fee
- Intro APR on purchases
- Intro APR on balance transfers
- No foreign fee
Cons
- No rewards
- No initial rewards bonus
- Balance transfer fee
- Requires good/excellent credit
Additional Info
- Our Lowest-Rate Card
- Benefits of this gold card include low APR and low promotional balance transfer APR. Go for the gold today!
- LOW APR on all purchases
- 0% Introductory APR on purchases made the first 15 months after account opening. After that, the APR for any unpaid purchase balance and any new purchases will be 15.49% to 17.99% based on your creditworthiness and will vary with the market based on the prime rate.
- 0% introductory APR for 15 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $0
- Purchase Variable APR: 15.49% to 17.99%
- Refer to PenFed.org for Terms/Conditions
- More Details & Reviews About PenFed Gold Visa® Card

Not Offered
0% for 12 months|Transfer Fee: 3%
17.99% (V)
annual fee
$0
rewards rate
1.5 - 2% Cash Back
Bonus Offer
$100
Bonus Offer
$100
Good Credit
Pros
- No annual card fee
- Intro APR on balance transfers
- High rewards rate
- $100 initial rewards bonus
Cons
- No intro APR on purchases
- Balance transfer fee
- Requires good/excellent credit
Rewards Details
- Earn Cash Back for Everyday Purchases
- No Caps. No Limits. No Gimmicks.
- 2% Cash Back on all purchases for PenFed Honors Advantage Members
- 1.5% Cash Back on all purchases made with your card
- $100 Bonus Offer Statement Credit When you spend $1,500 in the first 90 days
Additional Info
- 0% introductory APR for 12 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $0
- Purchase Variable APR: 17.99%
- Refer to PenFed.org for Terms/Conditions
- More Details & Reviews About PenFed Power Cash Rewards Visa Signature® Card

Not Offered
0% for 12 months|Transfer Fee: 3%
17.99% (V)
annual fee
$95
rewards rate
1.5 - 4 points / $1
Bonus Offer
50,000 points
Bonus Offer
50,000 points
Good Credit
Pros
- Intro APR on balance transfers
- High rewards rate
- 50,000 points initial rewards bonus
- No foreign fee
Cons
- Membership fees
- No intro APR on purchases
- Balance transfer fee
- Requires good/excellent credit
Rewards Details
- Earn more everywhere you go!
- 50,000 Bonus Points when you spend $3000 in the first 90 days
- Up to $799 total Travel value
- 4X Points on all Travel categories for PenFed Honors Advantage Members
- 3X Points on all Travel categories
- 1.5X Points on all other purchases
Additional Info
- 0% introductory APR for 12 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $95 (waived for existing PenFed Honors Advantage Members)
- Purchase Variable APR: 17.99%
- Refer to PenFed.org for Terms/Conditions
- More Details & Reviews About PenFed Pathfinder® Rewards Visa Signature® Card
PenFed Credit Union Credit Card Reviews
What's Your Rating?
I was going to go for the chase card. I have a chase account for 13 years but It seems the PenFed card is better.
They know they can go where the sun don't shine.
My BUISNESS will deal with AMEX and other cards that realize hardworking individuals.
Questions & Answers
Get answers to your questions about PenFed Credit Card Reviews below. For more general questions, visit our Answers section.
- Most Popular
- Most Upvotes
Can anyone join PenFed Credit Union?
Yes. Anyone can join PenFed. PenFed membership is free for everyone now, but PenFed was originally created to serve U.S. military members and veterans of all branches, as well as federal employees and retirees. PenFed formerly required non-government and non-military applicants to donate to a military charity to be eligible for membership, but they no longer require this. As long as you're a U.S. citizen or permanent resident of the United States, you can join Pentagon Federal Credit Union by simply funding a savings account with at least $5.
All you have to do to apply for PenFed membership is enter your personal information – including your name, address, Social Security number or ITIN, and other info – on the membership form. Before you submit your application for membership, you'll be asked to make a deposit of at least $5 to a new PenFed savings account using a debit card or a bank transfer.
PenFed Membership Eligibility Requirements:
- Must be able to fund a savings account with at least $5
- Must be a U.S. citizen or permanent U.S. resident
- Must have a government-issued photo I.D.
- Must be at least 18 years old
All in all, it's very easy to become a PenFed Credit Union member. To fill out a membership form, visit the PenFed Credit Union website. Alternately, you can apply for membership over the phone by calling 800-247-5626.
Is Penfed a good credit card company?
Yes, PenFed is a good credit card company that offers unsecured credit cards for people with good credit. PenFed credit cards come with $0 annual fees, 0% foreign transaction fees, rewards of up to 5 points / $1 spent on purchases, and introductory APRs.
Here's why PenFed is a good credit card company:
- Many credit card promotions and benefits: All PenFed credit cards come with a 0% foreign transaction fee, and almost all of them have no annual fees as well. PenFed also offers different types of credit cards: rewards, intro APRs, and low interest rates credit cards.
- Good Better Business Bureau (BBB) rating: Although it is not BBB accredited, PenFed has a A+ rating from the Better Business Bureau.
- Wallethub Rating: The company has a rating of 3.6 / 5 across more than 3,300 reviews on Wallethub for its credit cards.
- Available for everyone: Even though PenFed is a credit union, its membership is available to everyone for free.
- Mostly good reviews: Customer reviews give PenFed credit cards mostly high marks, particularly for their rewards and competitive interest rates. Commonly cited areas of need, however, include larger initial bonuses, and a lack of cards available for customers with below-average credit.
Ultimately, it is worth noting that on the customer service side, reviews run the gamut. Reviewers praise PenFed's military-friendly personnel, quick posting of payments, and easy access to credit limit increases and interest rate reductions. Recurring complaints include long wait times, limited website customer service options and difficulty getting issues resolved.
Does PenFed have a secured credit card?
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 2023
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.
How does the PenFed Honors Advantage program work?
The PenFed Honors Advantage program offers higher earning rates to eligible PenFed Power Cash Rewards Visa Signature® Card and PenFed Pathfinder® Rewards Visa Signature® Card cardholders. More specifically, PenFed Power Cash Rewards cardholders get 2% cash back on all purchases and PenFed Pathfinder cardholders get 4 points / $1 spent on travel if they are eligible for this program.
Here's how the PenFed Honors Advantage program works:
- Eligibility based either on having and maintaining a PenFed Access America Checking Account or being/having been in military service (active duty, reserve, honorably discharged, or retired).
- PenFed Power Cash Rewards cardholders have their rewards supplemented to 2% cash back on all purchases.
- PenFed Pathfinder cardholders have their rewards supplemented to 4 points / $1 spent on travel.
- You do not need to apply for the PenFed Honors Advantage Program. If you are in military service, you will receive the PenFed Honors Advantage 2% cash back upon completion of the application.
- Once you open a PenFed checking account, your card will be automatically upgraded for the higher earning rate within one business day of opening that checking account.
Keep in mind that you must maintain your checking account in order to receive the higher earning rate through the PenFed Honors Advantage program. If you close your checking account, you will no longer be earning the supplemented rewards.
It is also worth noting that you can only earn rewards on purchases (minus any credits or returns). Cash advances, balance transfers, and checks are not considered purchases and will not earn rewards.
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 the PenFed website.
Other PenFed Credit Card Approval Requirements
Application requirements also include personal information such as your name, address and birthdate. Your Social Security Number (SSN) or Individual Tax ID Number (ITIN) and U.S. citizenship status are also required. In addition, PenFed will review your credit history, your income and any debts you have. Your bank account information, monthly mortgage/rent payment, and employment status will also be taken into account.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
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