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PenFed Promise Visa
Old 06-03-2010, 10:16 AM   #1
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Join Date: Jun 2002
Posts: 864
PenFed Promise Visa

I haven't been reading too many posts lately, so this may have already been posted. I just learned from "Military Officer" (MOAA) magazine that PenFed has a PenFed Promise Visa available. No annual fee and no foreign transaction fee. I've been meaning to get a card with no foreign transaction fee as we take at least one big foreign trip a year and go over the border to Canada several times a year. The application is on-line.

For anyone wanting something more sophisticated, they also have a PenFed Premium Travel Rewards American Express Card which similarly has no foreign transaction fee. But there's a $50 annual fee for that after the first year.
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