In today’s fast-paced world, you need a reliable credit card packed with exclusive benefits to help you stay on top of your game. At PEFCU, we understand your need for financial flexibility and security, too. That’s why we make our Visa® credit card stand out with its exceptional rewards.  Competitive Rates at 9.90% APR: One of the key advantages of choosing the PEFCU Visa® credit card is the low Annual Percentage Rate (APR) of 9.90%. With rates lower than the national average and no fee for balance transfers, it’s one of the best financial decisions you’ll ever make. No Balance…

In today’s world, purchasing a new car seems straightforward. Many rely on their trade-in vehicle to cover upfront costs, such as a down payment. However, the amount you put down on a new car plays a much more significant role than most realize.   Between taxes and the slew of add-on products peddled by dealerships, the amount you finance for a new vehicle could be substantially higher than the car is worth. Preventing this situation is not only critical for your finances, but it also protects your investment.   This article sheds light on the importance of your down payment and provides…

Time is your best friend when it comes to saving for retirement. Ideally, you’ll start putting money into retirement accounts in your early 20s, but it’s never too late to start. The reason is two-fold: 1) it allows ample time for your money to grow and compound over the years, and 2) it’ll provide the greatest tax benefits – a component of retirement planning people tend to overlook.  Many tax-advantaged retirement accounts limit how much you can contribute per year. To maximize your tax savings, you’ll want to start early. One such account that everyone should consider is an IRA. …

In the world of finance, the phrase “financial independence” is tossed around frequently. The challenge is that this concept isn’t one-size-fits-all; it means different things to different people. For instance, for someone in their golden years, financial independence might signify the ability to retire comfortably without the burden of a 9-to-5 job. However, for hardworking adults, it often boils down to breaking free from the paycheck-to-paycheck grind.  This article addresses the latter – helping working-class adults build confidence and peace of mind, knowing they’re financially equipped to handle whatever comes their way. Explore the four components of modern financial independence…

With the holiday season right around the corner, you may already be thinking about your travel plans.  Whether you’re heading home to be with family, visiting friends, or going on a well-deserved vacation, travel costs can consume a significant portion of your holiday budget.   In this article, we’ll explore ways to reduce travel expenses and keep your money and accounts safe on your journey.   Save on Holiday Travel Expenses  Flights   While airlines offer one of the quickest means of transportation, tickets typically cost the most. To prevent your budget from being depleted before the holidays even begin, review the following…