#United States #Tysons #PenFed #Defender Rewards #Visa Signature

PenFed Credit Union Launches Its Latest Visa Card

PenFed Credit Union, recognized as one of the largest federal credit unions in the United States, just announced the arrival of its new financial product, the PenFed Defender Rewards™ Visa Signature® Card. This card has been designed specifically with military members in mind, offering a range of exclusive benefits. The launch aligns with PenFed's long-standing commitment to support those who serve in the military.

Targeting Military Members

“Since 1935, PenFed has been proud to serve those who serve and to provide financial products that reflect the unique needs of the military community,” says Ricardo Chamorro, Executive Vice President of Consumer Banking Growth at PenFed. The Defender Rewards™ Card aims to recognize and reward military personnel by providing advantageous earning opportunities tied closely to their lifestyle. The benefits include earning 3X points at military commissaries and exchange stores, making this card particularly appealing for active-duty service members and veterans alike.

Key Features of the Card

The PenFed Defender Rewards™ Visa Signature® Card comes packed with a variety of appealing features. Notable benefits include:

• - 5X Points on gas purchases made at the pump and while charging electric vehicles (EVs)
• - 3X Points at supermarkets, restaurants, and popular streaming services
• - 3X Points on expenditures at sporting goods stores
• - 1X Points on all other purchases

The card features a zero annual fee and doesn't impose foreign transaction fees, making it both cost-effective and user-friendly.

In addition to these features, customers who spend $1,500 within the first 90 days of opening their account will qualify for 15,000 bonus points. Cardholders also have the option to choose from two unique card designs inspired by military imagery, reinforcing the credit union's focus on honoring its members.

Join the Waitlist

The significant demand for this product can be observed as thousands have already shown interest by joining the waitlist. Prospective cardholders are encouraged to apply for the PenFed Defender Rewards™ Visa Signature® Card to take advantage of these valuable benefits.

About PenFed Credit Union

Established nearly nine decades ago, Pentagon Federal Credit Union (PenFed) currently services about 2.8 million members globally with assets exceeding $29 billion. The credit union offers a vast array of financial products, including competitive rates on certificates, checking accounts, credit cards, personal loans, mortgages, and auto loans—all with a commitment to serving its members' best interest.

PenFed is federally insured by the NCUA and proudly operates under the Equal Housing Lender standard.
To learn more about the services offered and the latest updates on the Defender card, visit PenFed.org, or connect on social media via Facebook and X. Interested candidates looking to join the team can check for opportunities on LinkedIn where PenFed is also recognized as an Equal Employment Opportunity employer.