Banking for Proud Penn Staters

You are Forever Blue & White. Show your Nittany Lion pride with the Official Credit Card of the Penn State Alumni Association.
150 offer

Get a $150 cash bonus after you make at least $500 in purchases in the first 90 days of opening your Alumni Rewards Card and/or Alumni Classic Card. For complete rules and details, see below.

CHOOSE THE CARD FOR YOU

2%1 or 1.5% Cash Back

ALUMNI REWARDS CARD
  • No annual fee
  • Balance transfers with no PSECU balance transfer fee
  • Mobile wallet friendly

9.9% APR2 on purchases

ALUMNI CLASSIC CARD
  • No annual fee
  • Balance transfers with no PSECU balance transfer fee
  • Mobile wallet friendly

GET IN OUR SWIPESTAKES

Use your PSECU credit and debit card October 1 through December 31, 2020 for changes to win $500.

See PSECU “SwipeStakes” Sweepstakes Official Rules for more details.*

Rates & Fees

Valid as of 10/22/2020 2:06 PM EDT 
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 12/31/21; 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 12/31/21; 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.
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
check card

Blue & White Banking

As The Official Financial Services Provider of the Penn State Alumni Association, we keep checking simple with no monthly fees, no complicated rules, and no hidden charges.

  • 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.

Belong to something bigger.

psaa

When you join PSECU, the Penn State Alumni Association benefits, too.

  • We’ll pay your first year of Penn State Alumni Association membership dues for applicants who are not yet members of the association.
  • Penn State Alumni Association membership is open to anyone with Penn State pride.
  • To learn more about the Penn State Alumni Association, visit alumni.psu.edu.

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® Alumni Rewards Card (“Rewards Card”) between 10/1/20 and 12/31/20; use the Rewards 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 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.

  1. 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. The Participant must apply and be approved for a Rewards Card, and use the Rewards Card to make eligible purchases during the promotional period of 10/1/20 through 12/31/20 as further stated in #3 below.
  2. Participant must be a U.S. Resident.
  3. 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.
  4. 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.
  5. Eligible purchases are defined in the PSECU Visa® Founder’s and Visa® Alumni Rewards Card Rewards Program Terms and Conditions.
  6. Payment of the $150 Cash Offer will be deposited into the Regular Share within 45 days after the requirements are satisfied.
  7. The member must be in good standing, as defined by PSECU's Bylaws Article II, Section I, to receive the $150 Cash Offer.
  8. All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
  9. Employees, agents and officials of PSECU and immediate family members of any of these are not eligible for this promotional offer.
  10. Subject to all applicable federal, state and local laws and regulations.
About the $150 Alumni Rewards Card Cash Offer: From 10/1/20 to 12/31/20, PSECU is running a promotion for those who apply through the designated PSECU promotional offer page. To receive $150: members must apply and be approved for a PSECU Visa® Alumni Rewards Card between 10/1/20 and 12/31/20 and satisfy the promotion requirements within 90 days of the Rewards Card account open date. PSECU will deposit $150 into the Regular Share within 45 days after the requirements are satisfied. A $5 minimum Regular Share balance is required to be eligible to receive the $150, and the PSECU member must be in good standing as defined by PSECU's Bylaws Article II, Section 1. The Annual Percentage Yield on PSECU's Regular share account is 0.05%. This variable rate is current as of September 1, 2020 and may change. Withdrawals and fees may reduce earnings on the account. 
$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 10/1/20 and 12/31/20; 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.
  1. 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 10/1/20 through 12/31/20 as further stated in #3 below.
  2. Participant must be a U.S. Resident.
  3. 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.
  4. 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.
  5. 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.
  6. Payment of the $150 Cash Offer will be deposited into the Regular Share within 45 days after the requirements are satisfied.
  7. The member must be in good standing, as defined by PSECU's Bylaws Article II, Section I, to receive the $150 Cash Offer.
  8. All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
  9. Employees, agents and officials of PSECU and immediate family members of any of these are not eligible for this promotional offer.
  10. Subject to all applicable federal, state and local laws and regulations.
About the $150 Alumni Classic Card Cash Offer: From 10/1/20 to 12/31/20, PSECU is running a promotion for those who apply through the designated PSECU promotional offer page. To receive $150: members must apply and be approved for a PSECU Visa® Alumni Classic Card between 10/1/20 and 12/31/20 and satisfy the promotion requirements within 90 days of the Classic Card account open date. PSECU will deposit $150 into the Regular Share within 45 days after the requirements are satisfied. A $5 minimum Regular Share balance is required to be eligible to receive the $150, and the PSECU member must be in good standing as defined by PSECU's Bylaws Article II, Section 1. The Annual Percentage Yield on PSECU's Regular share account is 0.05%. This variable rate is current as of September 1, 2020 and may change. Withdrawals and fees may reduce earnings on the account.