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Calculating Rewards & Finance Charges

Gold from PenFed
PenFed Gold Credit Card

Net Annual Rewards
$0
Reward Rate
0.00%
Annual Fee
$0
Signing Promo
None
APR, variable
Min Apr:
12.49%
Default:
17.99%
Cash Adv:
12.49%
Intro APR Promotions
Purchase:
None
Transfer:
4.99% for 24 mos
Reward Summary
  • Anyone can join the credit union by donating $20 to NMFA or volunteering for the Red Cross

Rewards Type:

Signing Promotion
$0
Estimated Annual Rewards
$0
Annual Fee, 2 yr avg
$0

Annual Rewards (Rewards less Fees)
$0

Finance Charge Calculator

Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*
Balance Transfer Fee, 2.5%
$250
Promo APR, First 24 months
$1.073

Total
$1,323

*Effective Annual Rate for Balance Transfers of 6.4% includes transfer fees and APR promotions. See our breakdown of EARs vs APRs.
Effective Annual Rate, Purchases
Promo EAR, months
0.00%
Ongoing EAR, 24 months
13.23%

Total EAR, 24 months
13.23%

APR Rankings

APR
12.49%
ranks #139 out of 459 cards.
Average is 13.26%.
Balance Transfer Fee
2.5%
ranks #37 out of 418 cards.
Average is 3.26%.
Cash Advance APR
12.49%
ranks #9 out of 445 cards.
Average is 22.36%.

Rewards Rankings

Annual Fee
$0
ranks #1 out of 493 cards.
Average is $24.
Base Reward Rate
N/A
Effective Reward Rate
N/A
Sign-up Bonus
$0
ranks #475 out of 475 cards.
Average is $84.
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*Disclaimer: We make best efforts to keep card offer information accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify card information during the application process.