The PenFed Gold Visa Card has an offer for $100 bonus cash when you spend $1,500 in the first 90 days (ways to meet this spending requirement). The offer isn’t much to rave about, even for a no-annual-fee card. See better card bonuses here.
The PenFed Gold card doesn’t give ongoing rewards of any kind, but it comes with relatively fewer fees. It’s a decent option if you need to carry a balance long-term. No-fee perks include:
- No annual fee
- No foreign transaction fee
- No cash advance fees
You need to join Pentagon Federal Credit Union (PenFed) in order to qualify. Not associated with the military? Want a simple application process? PenFed credit cards won’t be a good fit.
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