PenFed

PenFed Says No More Foreign Transaction Fees

October 11, 2011
Thumbnail image for PenFed Says No More Foreign Transaction Fees

In early October, PenFed announced that it would eliminate the foreign transaction fees on all its credit cards. Pentagon Federal Credit Union (but really, call it PenFed) is one of the larger credit unions out there, and is open to pretty much anyone. The PenFed Premium Travel Rewards AmEx is a strong competitor to the [...]

Read the full article →

NerdWallet’s Best Gas Cards, Summer 2011 Edition

May 11, 2011
Thumbnail image for NerdWallet’s Best Gas Cards, Summer 2011 Edition

A gas card can help alleviate the pain at the pump, a strain that shows no sign of lessening. Chances are you’re spending far more on gas than you expected to at this time of year. You flinch just looking at a gas station’s posted prices, and you know there’s little chance of them going [...]

Read the full article →

Limited Time: Low Rate and No Fees on Balance Transfers with the PenFed Promise

February 23, 2011
Thumbnail image for Limited Time: Low Rate and No Fees on Balance Transfers with the PenFed Promise

The PenFed Promise credit card has long been one of our favorite no fee credit cards, and for a limited time, it’s also a great balance transfer credit card. It charges no annual fees, no foreign transaction fees, no cash advance fees, and no balance transfer fees.  Previously, PenFed offered a low 36-month introductory APR [...]

Read the full article →

Pentagon Federal Offers Best Gas & Airfare Credit Card Rewards, Period.

February 4, 2011
Premium Travel Rewards American Express, from Pentagon Federal Credit Union

Pentagon Federal is one of the nation’s largest credit unions. Most credit unions are slow moving, stodgy institutions, with great rates and consumer friendly fees and terms. However, credit unions typically lack imagination when it comes to rewards credit cards. Many opt for either 1% cash back, or go with popular point programs designed for [...]

Read the full article →

Is the PenFed Promise the Best Card for Those in Debt?

October 13, 2010
Thumbnail image for Is the PenFed Promise the Best Card for Those in Debt?

Are you in debt, or do you foresee yourself having to take on some debt in the near future to make ends meet? If so, the PenFed Promise could be the best credit card to help you get through. Low APRs Unlike balance transfer credit cards which offer 0% APRs for a set period of [...]

Read the full article →

Limited Time Offer: PenFed Travel Rewards Amex Paying Double Rewards

September 30, 2010
Thumbnail image for Limited Time Offer: PenFed Travel Rewards Amex Paying Double Rewards

The PenFed Premium Travel Rewards Amex is already one of the best travel rewards cards out there, paying 5% on airfare, 3% on hotels and dining, and 1% everywhere else. Plus with no foreign transaction fees, it’s a perfect card to take with you on the road. Now they’re upping the ante, because until December [...]

Read the full article →

PenFed is Sweetening the Travel Rewards Pot With “Amazing Escapes”

April 24, 2010

It seems like Pentagon Federal is taking advantage of its relationship with American Express to offer the types of deals you typically don’t see with other credit unions. Credit union credit cards are typically known for no-frills, low fees, and basic rewards programs. Since they don’t view their cards as profit centers like the bigger [...]

Read the full article →

PenFed Drops Foreign Transaction Fee from Travel Rewards American Express

April 16, 2010

There are few options out there for travelers who want a credit card with no foreign transaction fee. The only options before today were Capital One, Schwab Invest First Visa (now discontinued), PenFed Promise, and HSBC’s Premier card which requires a deposit of $100,000 to qualify for. On April 16 2010, PenFed is dropping the [...]

Read the full article →

Best Credit Card for International Travel?

April 9, 2010

NOTE: Updated results can be found here. As many of us have learned from personal experience, your credit card company can make a killing off of your purchases overseas. What do I mean? When using your credit card internationally, your network (MasterCard, Visa, Discover and American Express) will add a 1% foreign currency conversion fee [...]

Read the full article →

PenFed’s new Promise card offers 3 year introductory APR of 7.49% and no fees

March 4, 2010

PenFed has released the PenFed Promise credit card, a great no-frills low apr card with a fantastically low 7.49% introductory APR fixed for 3 years. According to our new Balance Transfer calculator, which takes into account both introductory promotional balance transfer rates, as well as balance transfer fees, this card is one of the top [...]

Read the full article →

← Previous Entries