PenFed Gold Visa® Card

For People with
Fair Credit

Learn how to apply for this card.



The PenFed Gold Visa® Card is a low interest credit card, with a low introductory rate for balance transfers. There are no spending rewards, but you can earn a $100 statement credit after spending $1,500 in the first 3 months of opening your card account.

This card offers a 0% promotional balance transfer APR for 12 months now through September 30, 2019, and then the APR for any unpaid balance or any new balance will be 9.24% to 17.99% based on your creditworthiness, which includes an evaluation of your credit history and the length of your PenFed membership and will vary with the market based on the Prime Rate. This transaction is subject to credit approval. A 3% balance transfer fee applies to each transfer. 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.

This card has no annual fee and no foreign transaction fees.

To apply for this product, you must become a member of PenFed. You can check the membership requirements for PenFed here. PenFed is federally insured by NCUA.

For People with
Fair Credit

Learn how to apply for this card.



Manage My Card

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Card Details



This card does not offer rewards.

Introductory Bonus

  • $100 statement credit after spending $1,500 in the first 3 months of account opening
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR 9.24% to 17.99%
Intro Purchase APR -
Foreign Transaction Fee None
Chip Technology Chip-and-Signature & Chip-and-PIN
Minimum Credit Limit -
Maximum Credit Limit -
Free Credit Score Yes
Penalty APR 17.99%
Late Fee -
Returned Payment Fee Up to $25
Balance Transfers

Balance Transfers

Intro Balance Transfer APR 0% for 12 months now through September 30, 2019
Regular Balance Transfer APR 9.24% to 17.99%
Balance Transfer Fee 3% per transaction
Cash Advances

Cash Advances

Cash Advance APR -
Cash Advance Fee -

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • Concierge Service

    Call for non-emergency help any time you need it, like help making dinner reservations or finding hard-to-find gifts.

  • Fraud Protection

    You will not be held responsible for unauthorized use of your card.

  • Travel Accident Insurance

    Get reimbursed if you or a family member gets in an accident or dies while traveling.

  • Auto Rental Collision Damage Waiver

    Provides coverage against theft and collision for eligible rental vehicles, as long as the car rental company’s own insurance is declined.

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