PenFed Gold Visa Card
No fee
PenFed Credit Union
PenFed Gold Visa Card
4.1
(987 reviews)balance transfer
Reviewed by CardCompare Editorial Board
|CFP-reviewed|Updated April 2026One of the rare cards offering 0% intro APR on balance transfers with NO balance transfer fee. The combination of no BT fee + 0% APR makes this the cheapest way to transfer and pay off debt. PenFed membership is open to anyone.
Annual Fee
No annual fee
Purchase APR
17.99%
Rewards
No rewards
Sign-Up Bonus
None
Credit Score
Good (670-749)
Foreign Txn Fee
None
Who Should Get This Card
The PenFed Gold Visa Card is best suited for established credit users who people transferring a balance who want zero fees. With no annual fee, there's zero cost to keep it in your wallet long-term.
This card is great if you…
- No BT fee + 0% APR
- No annual fee
- No FTF
- People transferring a balance who want zero fees
Consider another card if you…
- No rewards
- 12-month intro is shorter than some
- Credit union tech is dated
Fees & APR
| Annual Fee | No annual fee |
| Purchase APR | 17.99% |
| Intro APR (Purchases) | 0% for 12 months |
| Intro APR (Balance Transfer) | 0% for 12 months |
| Balance Transfer Fee | None |
| Foreign Transaction Fee | None |
| Late Fee | Up to $29 |
Pros & Cons
No BT fee + 0% APR
No annual fee
No FTF
Low ongoing APR
Open membership
No rewards
12-month intro is shorter than some
Credit union tech is dated
The Bottom Line
The Good: The PenFed Gold Visa Card stands out for its no bt fee + 0% apr. No foreign transaction fees make it a strong pick for international spending.
The Not So Good: No rewards.
Our Verdict: The PenFed Gold Visa Card scores 7/10 — a solid option for people transferring a balance who want zero fees. With no annual fee, there's no risk in trying it.
Frequently Asked Questions
What is the annual fee for the PenFed Gold Visa Card?▾
The PenFed Gold Visa Card has no annual fee — you'll never be charged just for keeping the card open.
What credit score do I need for the PenFed Gold Visa Card?▾
The PenFed Gold Visa Card is recommended for applicants with good (670-749) credit. Approval is not guaranteed and depends on your full credit profile.
Does the PenFed Gold Visa Card charge a foreign transaction fee?▾
No — the PenFed Gold Visa Card has no foreign transaction fees, making it a solid choice for international purchases and travel abroad.
What is the APR on the PenFed Gold Visa Card?▾
The PenFed Gold Visa Card has a variable purchase APR of 17.99%, with a 0% intro APR for the first 12 months. If you carry a balance, interest charges can quickly outweigh any rewards earned.
Who is the PenFed Gold Visa Card best for?▾
The PenFed Gold Visa Card is best for People transferring a balance who want zero fees. A key advantage: no bt fee + 0% apr.
Customer Reviews
4.1
987 reviews
5
0
4
0
3
0
2
0
1
0
No reviews yet. Be the first to review this card.
Was this page helpful?
