PenFed Launches Free Low-Rate Card

ALEXANDRIA, Va. – Pentagon FCU has introduced a new card with a low introductory interest rate of 7.49% good for 36 months.

Processing Content

PenFed’s Promise Card promises not to increase over a variable rate of Prime (currently 3.25%) plus 6.74% after the first 36 months.

Promise Card also is free of the standard industry fees that traditionally accompany most cards. This "no-fee" list includes: late fees, over-limit fees, balance transfer fees, cash advance fees, foreign transaction fees and returned check fees.


For reprint and licensing requests for this article, click here.
Cards
MORE FROM AMERICAN BANKER
Load More