Credit Cards

PenFed Gold Visa® Card full review

Discover if the PenFed Gold Visa® Card is the right option for you! Get 0% intro APR for 15 months and more! Keep reading to find out!

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PenFed Gold Visa® Card: $0 annual fee

PenFed Gold Visa® Card
PenFed Gold Visa® Card full review. Source: Stealth Capitalist

Are you looking for a new credit card with good benefits? Then read our PenFed Gold Visa® Card review and learn more about this amazing product.

Penfed logo

Applying for the PenFed Gold Visa® Card

Learn how the PenFed Gold Visa® Card application works. Enjoy 0% intro APR for 15 months and more! Keep reading and learn everything you need!

It charges no annual fee and offers competitive interest rates! So don’t look any further. Keep reading and learn more!

  • Credit Score: Good to excellent;
  • Annual Fee: $0;
  • Regular APR: 0% intro APR for 15 months from account opening. 15.49% to 17.99% variable after;
  • Welcome Bonus: N/A;
  • Rewards: N/A.

How does the PenFed Gold Visa® Card work?

PenFed Gold Visa® Card is a member of the Penfed credit card family. It delivers useful features for those who want to save while relying on credit.

Firstly, they have the amazing offer of 0% APR for purchases and balance transfers in their 1st 15 months.

After this period, customers can count on a variable APR of 15.49% to 17.99%, which is lower than the average.

Cardholders also won’t have to pay annual or foreign transaction fees. Plus, they can count on 24/7 Fraud Monitoring, mobile wallets, and Visa Secure Remote Commerce.

PenFed Gold Visa® Card pros and cons

Customer using credit cart for payment to owner at cafe restaurant, cashless technology and credit card payment concept.
You can make purchases and avoid annual fees with this credit card. Source: Adobe Stock

PenFed, one of America’s largest credit unions, serves nearly two million members worldwide. This is a good sign, right?

Well, check out the pros and cons of the PenFed Gold Visa® Card to help you decide!

Pros

  • No annual fee;
  • No foreign transaction fee;
  • 0% APR on balance transfers and purchases for 15 months;
  • Lower than average APR after the introductory period;
  • Visa benefits.

Cons

  • No welcome bonus;
  • No reward program;
  • To apply for this card, you need to join PenFed membership.

Does my credit score need to be good?

Since PenFed Gold Visa® Card provides some gold perks, it requires applications to have good credit.

As a result, you must have a credit score of at least 690 to qualify for this card. Remember that the higher your score, the better your chances.

Want to apply for the PenFed Gold Visa® Card?

If you liked our PenFed Gold Visa® Card review and are considering applying for it, read our following article.

We’ll walk you through their full application process! Are you ready? Then let’s get started!

Penfed logo

Applying for the PenFed Gold Visa® Card

Learn how the PenFed Gold Visa® Card application works. Enjoy 0% intro APR for 15 months and more! Keep reading and learn everything you need!

About the author  /  Thais Daou

Thais Daou holds an undergraduate degree in Languages — Translating and Interpreting from São Judas Tadeu University. She has been translating, proofreading, and transcribing financial documents, as well as other fields, for five years. And now, she begins a new chapter in her career, writing about financial solutions in a simplified way, with a desire to spread this knowledge.

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