Now that you have concluded that the PenFed Platinum Rewards Visa Signature® Card might be right for you find some useful information below.

To submit an application, you must first become a PenFed member. So, keep this in mind. It is not up for discussion.

Yes. Simply put, you need to be a Pentagon Federal Credit Union member to use its financial services.

But have no fear. Because anyone can sign up. You can apply for a PenFed Platinum Rewards Visa Signature® Card if you are willing to go through some extra hoops.

Your current relationship with PenFed will determine the application process for obtaining financial products offered by PenFed, as mentioned above.

This means that even if you are not a current member, you will have no trouble becoming one shortly. However, membership applications must be submitted before any credit card applications can be processed.

As a result, non-members who are interested in this rewards-filled credit card must first submit an application and deposit $5 into a PenFed savings account.

Afterward, they will initiate membership during the application process.

If you are a member, the application process will move much more quicker for you. This is because they pre-complete certain fields in your application for you.

Those who are already members can do so simply by signing into their accounts at PenFed.org. It’s a breeze, and you can do it whenever and wherever you like.

Accounts can be opened for minor children of PenFed members by adding them as members in their own right.

They can open a checking account in addition to their regular share account. To open a checking account, you must first fill out an application.

The child must be under the age of 16 and have a parent or legal guardian listed as a co-owner. Simply complete the Membership Application’s joint section to accomplish this.

There is a lack of detail concerning potential alternative uses. In the case of memberships and credit card payments, no.

However, they will have no problems using their credit cards with a digital wallet. You can simply add your credit card information to your electronic wallet.

Below is a comparison of two reward credit cards. Notice that, although both have no annual fee and demand good credit histories, the rewards and welcoming bonuses differ slightly.

If you think the Bank of America® Unlimited Cash Rewards card is the best option for your finances, check out our post below to learn about the application process!