PenFed To Remove Annual Fee Waiver On Pathfinder

PenFed has sent out a paper letter to Pathfinder cardholders informing them that the annual fee can no longer be waived effective September 28, 2026. 

The following is a summary of the changes that are being made to your account terms effective September 28, 2026.

• The account will be charged an Annual Fee of $95. This fee is no longer eligible to be waived.
• Late Fee increase up to $30 for the first occurrence; Up to $35 for subsequent occurrences until you make 6 consecutive minimum monthly payments on or before your due date.

Previously PenFed Honors Advantage Members had the annual fee waived. A lot of people were taking advantage of the $100 airline credit that this card offers. PenFed does not offer any annual fee refund once the annual fee has posted, you must cancel the card before it posts. 

Hat tip to cattail8378