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Starwood Preferred Guest® Business Credit Card from American Express |
Official
Card
Name |
PenFed Promise Card |
 |
 |
American Express |
|
Provider |
|
| American Express |
Brand |
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| $0 intro annual fee for the first year, then $65 |
Annual Fee |
$0 |
| None |
Introductory
Rate |
7.49% |
| n/a |
Length of
Intro Period |
36 Mo. |
| 15.24% - 19.24% Variable |
Go To Rate
(After Intro) |
9.99% (Variable) |
| No |
Balance Transfer
Available |
Yes |
| Excellent |
Credit Level
Required |
Good |
| Starpoints® bonus: Earn up to 25,000 bonus points: 10,000 after your first purchase and another 15,000 after you spend $5,000 within the first 6 months of Cardmembership |
Bullet Points:
1 |
You must be a PenFed member to apply. Not yet a member? It's easy to join! |
| Redeem Starpoints® at over 1,100 hotels and resorts in nearly 100 countries and for flights on more than 350 airlines with SPG Flights – all with no blackout dates |
2 |
You may be eligible through your employment, association membership, and volunteerism, or by becoming a member of one of our nonprofit partner organizations. |
| Earn up to 5 Starpoints® for each dollar of eligible purchases charged directly with hotels and resorts participating in the Starwood Preferred Guest® program |
3 |
Absolutely no fees—no annual fee, no foreign transaction fee, no balance transfer fee, no cash advance fee, no late fee, no over credit limit fee, and no penalty fee. |
| Earn 1 Starpoint® for each dollar of eligible purchases |
4 |
7.49% introductory purchase APR for the first 36 months. After that, the APR will vary with the market based on the Prime Rate, and is currently 9.99% APR. |
| $0 introductory annual fee for the first year, then $65 |
5 |
4.99% APR promotional balance transfer rate for life of balance on transfers made between October 1, 2012, and December 31, 2012. |
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