Banking for Penn Staters

Do you bleed blue and white? Show your Penn State pride and enjoy a different kind of banking experience.

psecu and psaa

Program Perks

We’re proud to be The Official Credit Card and The Official Financial Services Provider of the Penn State Alumni Association.

Since 1934, our purpose has been to provide financial opportunities to live a better life. We started with just 22 members and have now grown to be the largest credit union in Pennsylvania.

As a member of the Penn State Alumni Association, you’re eligible to join PSECU and enjoy all the benefits of PSECU membership. If you’re not a member of the Penn State Alumni Association and would like to join PSECU, we’ve got you covered. PSECU will pay your first-year individual membership dues to join the Penn State Alumni Association. Program perks include Penn State branded credit cards, checks and a debit rewards card.

Alumni Credit Cards

PSECU is proud to offer two credit card options with multiple Penn State designs so you can carry a piece of Penn State with you everywhere you go. Choose the card that works best for your needs, whether you’re looking for a low interest rate, or to earn cash rewards.

Limited Time - $150 Rewards Card Offer

For a limited time, receive $150 when approved for an Alumni Rewards Card and/or an Alumni Classic Card. For complete rules and details, see below.

ALUMNI REWARDS CARD

  • 2%1 or 1.5% cash rewards on every purchase; no limit on reward earnings and rewards never expire
  • Visa Signature® benefits are automatically provided for credit lines of $5,000 or more
  • Contactless card functionality allows you to “tap and go” at checkout

ALUMNI CLASSIC CARD

  • Low interest rate on purchases and cash advances
  • Rate hasn't increased in more than 10 years and is subject to change
  • Contactless card functionality allows you to “tap and go” at checkout

Compare Rates & fees

Alumni Rewards Card

Rate for Purchases
13.90% Balance Transfer Rate2 3.9%
Fees
Annual Fee $0 Balance Transfer Fee $0 Late Fee Up to $27 Foreign Transaction Fee $0

Valid as of 11/01/2019. View all of our current rates.

Alumni Classic Card

Rate for Purchases
9.90% Balance Transfer Rate3 2.9%
Fees
Annual Fee $0 Balance Transfer Fee $0 Late Fee Up to $20 Foreign Transaction Fee $0

Valid as of 10/01/2019. View all of our current rates.

Alumni Debit rewards card & checks

check card

Penn State pride - now wallet-sized

Carry your Penn State pride wherever you go! Earn cash rewards while using your Alumni Rewards Debit Card. Eligible debit card purchases of $10 or more earn $0.05 or $0.10 based on qualifying factors.4

Checking made simple

We make checking simple. No monthly fees. No complicated rules. No hidden charges. Plus, enjoy mobile check deposit and 24/7 account access via online and mobile banking.

FAQs


To be eligible for PSECU membership, applicants must be members of the Penn State Alumni Association. Penn State Alumni, family, friends, and fans are also eligible to join the Penn State Alumni Association. If you’re not a member of the Penn State Alumni Association and would like to join PSECU, we’ve got you covered. PSECU will pay your first-year individual membership dues to join the Penn State Alumni Association. For more information or to speak with an agent, call 855.761.LION (5466).

Yes! If you are an existing member with a Classic Card or Founder’s Card, you can call to speak with one of our agents at 800.237.7328 to get your card design updated to one of the Penn State Alumni Association designs. You do not have to reapply. Please note: If you change your current credit card design, you will receive a new card with a new card number.

Members of local chapters or societies will also need to be members of the main Penn State Alumni Association in order to become eligible for PSECU. If you’re not a member of the Penn State Alumni Association and would like to join PSECU, PSECU will pay your first-year individual membership dues to join the Penn State Alumni Association. If you are unsure whether or not you’re a member, you can contact the Penn State Alumni Association directly at 800.548.LION (5466).

Contactless payment functionality provides members with an additional way to make a purchase using their Penn State Alumni Association credit and debit cards. Simply “tap and pay” at checkout where contactless payments are supported. Look for the sideways WiFi symbol on the front of your card to identify whether or not it is contactless.

Please visit the Penn State Alumni Association website at alumni.psu.edu for questions regarding membership benefits.

Once you are a PSECU member, you are a PSECU member for life! You do not have to maintain your Penn State Alumni Association membership in order to continue to be a PSECU member. For additional information on the Penn State Alumni Association membership and benefits, please visit the Penn State Alumni Association website at 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 of at least $500. See the Visa® Founder's Card and Visa® Alumni Rewards Card Rewards Program Terms and Conditions for full details.
2PSECU Visa® Founder's and Visa® Alumni Rewards Card: When you take advantage of the 3.9% APR (annual percentage rate) promotional offer, Visa® 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 12/31/20; 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 the 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® account as stated in the Visa® Founder's and Visa® Alumni Rewards Consumer Credit Card Agreement.
3PSECU 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 12/31/20; thereafter, any remaining balance will begin to accrue interest at the cash advance rate, which is currently 9.9% 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.
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 8/1/19 and 12/31/19; use the Rewards Card to make any combination of eligible purchases totaling at least $500 (Some exclusions may apply. See # 5 below) 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 8/1/19 through 12/31/19 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 (S0001) 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 8/1/19 to 12/31/19, 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 8/1/19 and 12/31/19 and satisfy the promotion requirements within 90 days of the Rewards Card account open date. PSECU will deposit $150 into the Regular Share (S0001) 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 S1 Regular Share account is .15%. This variable rate is current as of July 24, 2019 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 8/1/19 and 12/31/19; use the Classic Card to make any combination of eligible purchases totaling at least $500 (Some exclusions may apply. See # 5 below.) 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 8/1/19 through 12/31/19 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 (S0001) 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 8/1/19 to 12/31/19, 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 8/1/19 and 12/31/19 and satisfy the promotion requirements within 90 days of the Classic Card account open date. PSECU will deposit $150 into the Regular Share (S0001) 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 S1 Regular Share account is .15%. This variable rate is current as of July 19, 2019 and may change. Withdrawals and fees may reduce earnings on the account.