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The PenFed Promise Visa Card is the perfect credit card for eligible United States residents who want to pay absolutely no fees and avoid high interest rates and hidden fees. Whether you want to get a handle on your debt or save as much money as possible, this card is great for anyone.

PenFed Promise Credit Card
Intro APR  APR Annual Fee 
7.49%* 9.99% (V)* $0*
Unfortunately, we do not currently offer online application for this card. See similar cards

Basic Information

Issuer: Pentagon Federal Credit Union
Card Network: VISA®
Card Category: Consumer (Regular)
Card Type: - Eco-Friendly Card
- Low Interest Credit Card
- No Foreign Transaction Fee Credit Card
Credit Needed: Excellent*

Card Review

Prepared by . Opinions expressed therein are solely those of the reviewer.

The PenFed Promise Visa Card is like no other credit card on the market. While credit card companies will only offer high introductory rates for a short period of time or offer rewards instead of benefits, the Promise card offers a promise that other credit cards do not offer. While the card does not promise rewards because it does not offer a rewards program, it offers cardholders something better: no fees.

This card also has a low introductory rate that is offered to new cardholders for 36 months when other credit card companies rarely give the standard 6 to 12 months special introductory rates.

In addition, because this credit card bears the Visa logo, you can shop at millions of places worldwide where Visa cards are accepted.
Card rating:
(4.9 out of 5) total 33 votes
Most attractive features: - Absolutely No Fees!
- Long term introductory
- Low APR for purchases
- No currency transactions fee
Least attractive features: - We can't find any

Rewards & Benefits

Other Benefits: See Terms and conditions of the offer.
Online Card Account Access:

Card Finance & Rates

Introductory APR (%): 7.49%*
Applied Towards: Purchases
Introductory Period: 36 months*
Regular APR (%): 9.99%*
APR Type: variable
Annual Fee: $0*
Grace Period: 25 days*
Minimum Finance Charge: 0.00%*
Late Payment Fee: $0.00*
Over Limit Fee: $0.00*

Balance Transfers

Balance Transfer:
APR on Balance Transfer (%): 4.99%
Transfer Fee (%): 0.00% of each balance transfer
Transfer Period: Life of Balance*

Cash Advances

APR on Cash Advances (%): 17.49%
Cash Advance Fee (%): 0.00%

Other Fees

Additional Fees - Returned Payment Fee: None
- Late Payment Fee: None
- Over Credit Limit Fee: None
- Foreign Transaction Fee: None
- Balance Transfer Fee: None


- Absolutely No Fees! Introductory Purchase Rate – 7.49% APR for the first 36 months.
- You must be a Pentagon Federal Credit Union member to apply. Not a member? It's easy to join. You must be a United States Government employee, member of the United States Military and Uniformed Services, employee or volunteer of the American Red Cross, member of the National Military Family Association, or a family member/housemate of a current PenFed member.


View Other Pentagon Federal Credit Union Cards
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View Other No Foreign Transaction Fee Credit Cards

* The information provided for PenFed Promise Credit Card is believed to be accurate at the time of evaluation (Mar 4, 2013). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.

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