Choose the card for you
Bleed Blue and White? Show your Nittany Lion pride with our credit cards for Penn State fans and alumni.
Banking for Penn State Fans
$150 Cash Bonus
Alumni Rewards Card
- 21 or 1.5% Cash Back
- No annual fee
- Balance transfers with no PSECU balance transfer fee
- Mobile wallet friendly
Get a $150 cash bonus after you make at least $500 in eligible purchases in the first 90 days of opening your Alumni Rewards Card. For complete rules and details, see below.
$150 Cash Bonus
Alumni Classic Card
- 9.9% APR2 on purchases
- No annual fee
- Balance transfers with no PSECU balance transfer fee
- Mobile wallet friendly
Get a $150 cash bonus after you make at least $500 in eligible purchases in the first 90 days of opening your Alumni Classic Card. For complete rules and details, see below.
Rates & Fees
| ALUMNI REWARDS CARD | ALUMNI CLASSIC CARD | ||
|---|---|---|---|
|
*APR denotes Annual Percentage Rate
PSECU Visa® Founder's and Visa® Alumni Rewards Card: When you take advantage of the 3.9% APR (annual percentage rate) promotional offer, Visa® Founder's Card and Visa® Alumni Rewards Card balance transfers will be treated as a cash advance and will accrue interest at 3.9% APR from the time that the transaction posts until 12/31/2022 ; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is a variable APR equal to the Prime Rate plus a margin of 9.15%. Payments will be applied as stated in your PSECU Visa® Founder's and Visa® Alumni Rewards Consumer Credit Card Agreement. A minimum of $250 must be requested for balance transfers through digital banking. Our 3.9% APR promotional offer cannot be used to pay off any PSECU loan or be made payable to cash, yourself, any joint owner(s) or co-maker(s). Balance transfers do not qualify as eligible purchases for the cash back reward program. Balance transfers access credit under the terms of your Visa Founder's Card account as stated in the Visa® Founder’s and Visa® Alumni Rewards Consumer Credit Card Agreement. PSECU Visa® Classic and Visa® Alumni Classic Card: When you take advantage of the 2.9% APR (annual percentage rate) promotional offer, Visa® balance transfers will be treated as a cash advance and will accrue interest at 2.9% APR from the time that the transaction posts until 12/31/2022 ; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.90% APR and subject to change. Payments will be applied as stated in your Visa® Classic and Visa® Alumni Classic Consumer Credit Card Agreement. A minimum of $250 must be requested for balance transfers through digital banking. Our 2.9% APR promotional offer cannot be used to pay off any PSECU loan or be made payable to cash, yourself, any joint owner(s) or co-maker(s). Balance transfers access credit under the terms of your Visa® account as stated in the Visa® Classic and Visa® Alumni Classic Consumer Credit Card Agreement. |
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| Rate for Purchases APR* | 12.40% |
9.90% | |
| Cash Advance Rate APR* | 12.40% | 9.90% | |
| Balance Transfer Rate APR* | 3.9% | 2.9% | |
| Annual Fee | $0 | $0 | |
| Cash Advance Fee | $0 | $0 | |
| Balance Transfer Fee | $0 | $0 | |
| Late Fee | Up to $27 | Up to $20 | |
| Foreign Transaction Fee | $0 | $0 | |
Blue & White CHECKING
As The Official Partner of Penn State Athletics and The Official Financial Services Provider of the Penn State Alumni Association, we keep checking simple for Penn State fans and alumni--no monthly fees, no complicated rules, and no hidden charges. With our blue & white checks and debit rewards card, you can now show your favorite team colors wherever you go. Your PSECU checking account also allows you to:
- Skip the branch – bank anytime, anywhere with online and mobile access.
- Use surcharge-free ATMs, plus get rebates for fees charged by out-of-network ATMs.3
- Earn cash rewards on eligible debit card purchases, based on qualifying factors.4
You can choose your Penn State Alumni Association debit rewards card and checks during your application for the Alumni Rewards Card and/or Alumni Classic Card.
1You can earn 1.5% cash rewards on purchases. You can earn 2% cash rewards on purchases if you maintain a PSECU checking account and qualifying monthly direct deposit(s) of at least $500. See the Visa® Founder's Card and Visa® Alumni Rewards Card Rewards Program Terms and Conditions for full details.
2APR denotes Annual Percentage Rate
3If you use a PSECU debit card at an out-of-network ATM and get charged, we'll rebate fees on withdrawals up to $20 per month with direct deposit and up to $8 per month without.
4You can earn $0.10 cash rewards on eligible purchases of $10 or over with a PSECU checking account and one or more qualifying monthly direct deposits totaling at least $500. You can earn $0.05 cash rewards on eligible purchases of $10 or over for accounts with a PSECU checking account. Certain restrictions may apply. See the Visa® Debit Card Rewards Program Terms and Conditions for full details.
$150 Alumni Rewards Card Cash Offer: To receive $150, members must: apply and be approved for a PSECU Visa® Founder's Rewards Card (“Rewards Card”) between 1/1/2021 and 12/31/2021; use the Rewards Card to make any combination of eligible purchases defined in the PSECU Visa® Founder’s and Visa® Alumni Rewards Card Rewards Program Terms and Conditions totaling at least $500 (exclusive of any fees, returns and adjustments) that post to your account within 90 days of the Rewards Card account open date. Limit (1) cash offer per new Rewards Card account. This is a one-time promotional offer and is limited to PSECU members opening a new Rewards Card account through the designated PSECU promotional offer page.
- Participant must be a member of PSECU. If Participant is not currently a PSECU member, Participant must apply for membership and join PSECU, and comply with all $150 Rewards Card Cash Offer requirements.
- Participant must be a U.S. Resident.
- Promotional offer open to persons 21 years of age or older at the time he/she applies (through the designated PSECU promotional offer page) for the Rewards Card and who makes purchases totaling at least $500 (exclusive of any fees, returns and adjustments) that post to the account within 90 days of the Rewards Card account open date. Please allow 1-2 weeks to receive your card in the mail. Limit (1) cash offer per new Rewards Card account.
- The recipient of the $150 Cash Offer is solely responsible for payment of applicable taxes on that amount. If you have any questions, please seek the advice of a qualified tax professional.
- Eligible purchases are defined in the PSECU Visa® Founder’s and Visa® Alumni Rewards Card Rewards Program Terms and Conditions.
- Payment of the $150 Cash Offer will be deposited into the Regular Share within 45 days after the requirements are satisfied.
- The member must be in good standing, as defined by PSECU's Bylaws Article II, Section I, to receive the $150 Cash Offer.
- All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
- Employees, agents and officials of PSECU and immediate family members of any of these are not eligible for this promotional offer.
- Subject to all applicable federal, state and local laws and regulations.
$150 Alumni Classic Card Cash Offer: To receive $150, members must: apply and be approved for a PSECU Visa® Alumni Classic Card (“Classic Card”) between 1/1/2021 and 12/31/2021; use the Classic Card to make any combination of eligible purchases totaling at least $500 (exclusive of any fees, returns and adjustments) that post to your account within 90 days of the Classic Card account open date. Limit (1) cash offer per new Classic Card account. This is a one-time promotional offer and is limited to PSECU members opening a new Classic Card account through the designated PSECU promotional offer page.
- Participant must be a member of PSECU. If Participant is not currently a PSECU member, Participant must apply for membership and join PSECU, and comply with all $150 Classic Card Cash Offer requirements. The Participant must apply and be approved for a Classic Card, and use the Classic Card to make eligible purchases during the promotional period of 1/1/2021 through 12/31/2021 as further stated in #3 below.
- Participant must be a U.S. Resident.
- Promotional offer open to persons 21 years of age or older at the time he/she applies (through the designated PSECU promotional offer page) for the Classic Card and who makes purchases totaling at least $500 (exclusive of any balance transfers, cash advances, fees, returns and adjustments) that post to the account within 90 days of the Classic Card account open date. Please allow 1-2 weeks to receive your card in the mail. Limit (1) cash offer per new Classic Card account.
- The recipient of the $150 Cash Offer is solely responsible for payment of applicable taxes on that amount. If you have any questions, please seek the advice of a qualified tax professional.
- Transactions that are not eligible include, but are not limited to, the following: Balance transfers, cash advances, convenience checks, disputed or unauthorized purchases/fraudulent transactions, credits, any Card Account fees, purchase of Travelers Cheques, fees for services or programs you elect to receive through PSECU, finance charges, and any cash equivalent transactions.
- Payment of the $150 Cash Offer will be deposited into the Regular Share within 45 days after the requirements are satisfied.
- The member must be in good standing, as defined by PSECU's Bylaws Article II, Section I, to receive the $150 Cash Offer.
- All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
- Employees, agents and officials of PSECU and immediate family members of any of these are not eligible for this promotional offer.
- Subject to all applicable federal, state and local laws and regulations.