Must be a Pentagon Federal Credit Union member. APR for Balance Transfers: 4.99% promotional rate for 12 months on transfers made between January 1, 2015 and January 31, 2015; after that, the APR for the unpaid balance and any new balance transfers will vary with the market based on the Prime Rate, and is currently 12.49%. Grace Period: The due date is at least 25 days after the close of each billing cycle. The card company will not charge you interest on purchases if you pay your entire balance by the due date each month. Balance Transfer Fee: 3% per transaction. Late Payment Fee: Up to $10 if balance is less than $1,000, up to $20 if balance is $1,000-$2,000, and up to $25 if balance is greater than $2,000. Penalty APR: 17.99%; the Penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.