Pentagon Federal Credit Union members have access to several credit cards with features that match customer needs. Pentagon Federal credit card offers are available to members of the Air Force, Army, Coast Guard, Department of Homeland Security, Department of Defense, defense-related companies, Veterans of Foreign Wars, and more. Members of the National Military Family Association, a non-profit advocacy organization for military families open to civilians, are also eligible to join.
Members and employees of the Air Force, Army, Coast Guard, Department of Defense, Department of Homeland Security and defense-related companies are eligible to become members of the Pentagon Federal Credit Union, along with Veterans of Foreign Wars. Also eligible to join are members of the National Military Family Association--a non-profit advocacy organization for military families that's open to civilians.
PenFed credit cards can certainly hold their own with other mainstream credit cards. Not only do they have competitive benefits and rewards, but they also have wide acceptance and exceptional service, thanks to the Visa and American Express networks that support them. PenFed offers a variety of credit cards, many with lower interest rates than the standard offered by other financial institutions. Categories of cards include travel points, reward point programs, cash back rewards, low ongoing APR and balance transfer offers. Many of PenFed’s cards are ideal for frequent fliers and road warriors, as some cards offer no foreign transaction fees or provide competitive gas rebates.
Every consumer should decide how they want to use a new credit card. If you tend to carry a balance, the interest rate and perhaps the balance transfer terms should be your priority. If your preference is to use a credit card to earn rewards, think about the rewards that would be most meaningful to you, such as points for airline miles or hotel rooms or for gas and groceries.
When evaluating cash back credit cards, decide whether you would rather have cash back to pay down your balance or to put in a savings account or whether you prefer to earn points towards other purchases. If you are on a tight budget and need to pinch pennies, a cash back credit card might be the best fit. If you want to travel, a rewards card can build up your store of airline miles or toward hotel stays, so looking for Pentagon Federal Credit Union's reward card might give you the extra spending power for using a credit card that you want. Don't forget to check the annual fee and interest rates charged on various cards when you are reviewing their rewards programs.