Earn 25,000 Bonus Points by spending $2,500 in the first 90 days of account opening.
0% APR promo balance transfer rate for 12 months with 3% balance transfer fee now through March 31, 2020. After that, the APR for the unpaid balance and any new balance transfers will be 12.74% to 17.99%. APR will vary with the market based on Prime Rate. Subject to credit approval. 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.
Earn 4X Points on travel purchases through the PenFed Honors Advantage program. Earn 3X points on travel purchases for all other card holders
Earn 1.5X points on all other purchases unrelated to travel.
$100 Annual Air Travel Credit
$100 Global Entry or $85 TSA PreCheck Benefit every 5 years
No caps or limits on rewards. No annual or foreign transaction fees
Chip enabled for added security
Variable rate as low as 12.74% APR. Rate and offers current as of September 1, 2019 and are subject to change
Federally insured by NCUA.
Rates, fees & offers
1.5 points per dollar
25,000 bonus points by spending $2,500 in the first 90 days of account opening
0% promotional rate for 12 months on transfers made now through March 31, 2020
APR: 12.74% - 17.99% Variable APR
Penalty APR: Up to 17.99%, Variable
Cash Advance APR: 17.99%, Variable
Balance transfer fee
Foreign transaction fee
Recommended credit score
Not sure which card is best for you?
By Sara Rathner
Editor's overall rating
Pros and cons
High rewards rate
No annual fee
Intro APR period on Balance Transfers
No foreign transaction fee
Can't redeem for cash back
The PenFed Pathfinder Rewards American Express® Card is a rarity among $0-annual-fee travel cards in a couple of ways.
Not only does the card reward you generously for travel purchases, but you'll also snag valuable travel credits, benefits and protections that make it easier to get out of town. (Travel credits are exceedingly rare for cards with no cost of ownership.) Plus, unlike many other competitors, you’ll earn an elevated rate even on non-bonus-category spending.
However, you must be a member of PenFed Credit Union, and you'll also face some drawbacks when it comes to redemption. Cash back isn't an option, and redeeming for anything other than travel offers a less-than-ideal value for your points.
For more information, see our full review of this card.