PenFed Gold Visa
By Alex Compton · Last verified
No rewards, no fees, just one of the lowest ongoing APRs around.
Welcome Bonus
Under review
Current claim suppressed
Spend Requirement
Under review
Annual Fee
Under review
Last recorded terms remain in the history below
Credit Score
670+
(Good)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
No numeric welcome bonus recorded
This product has no points- or cash-denominated offer to plot. Dated no-offer observations, non-points benefits, corrections, and primary-source links remain preserved in the table below.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-06 | 0 | No recorded spend | Terms reconfirmedNo welcome offer, 0% intro APR for 15 months | Archive record · no attached snapshot |
| 2023-01 | 0 | No recorded spend | Earliest recordNo welcome offer | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledgerEvent-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.
Source checked 2026-06-11 · spot an outdated offer? Report a correction above.
Last Recorded Earning Rates
These terms are historical context and are not presented as current.
Last Recorded Credits
No statement credits, this card wins on earn rates, not coupons.
Last Recorded Benefits
Confirm availability and enrollment requirements with the issuer.
- ✦17.99% ongoing APR, well under the national average
- ✦0% intro APR on purchases and balance transfers for 15 months
- ✦No annual fee and no foreign transaction fee
Why it earns its spot
- +Honest low-rate card for people who carry a balance
- +15-month 0% window on both purchases and transfers
Where it costs you
- −Zero rewards, ever
- −3% balance transfer fee
- −Requires PenFed membership
The Compound Verdict
If you carry a balance, rewards cards are a trap and this is the antidote. Sub-18% ongoing APR with a 15-month runway beats chasing 2% cash back while paying 25% interest. Pay it off, then graduate to a rewards card.
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