At a glance, the PenFed Platinum Rewards Visa Signature Card will earn you 5% cash back on your gas purchases. Right now there’s a special offer of $100 statement credit also when you spend a certain amount when opening an account. If you would like to know more about the details of this card, please continue to read for more information.
Editor’s Note: Interested in more of what PenFed has to offer? See our list of the Best PenFed Credit Card Promotions!
 The Chase Freedom FlexSM offers a $150 bonus after you spend $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. |
PenFed Platinum Rewards Visa Signature Card Features
- Earn 5X the points on gas purchases
- 3X the points on supermarket purchases
- 1X the point on all other purchases
- Special Offer: $100 statement credit when you spend $1,500 within the first 3 months of account opening
- Automatic enrollment into the PenFed Platinum Rewards Program
- Complimentary 24/7 concierge service
- No foreign transaction fees
- No annual fee
Apply Here
PendFed Platinum Rewards Visa Signature® Card: If you like the features this card has to offer, then click this link to learn more and apply.
Bonus Requirements
With this offer, you will earn 5X the points for purchases made at gas stations.
Points expire 5 years from the date you earn them. They also expire if you or PenFed close the account for any reason.
Author’s Verdict
With the PenFed Platinum Rewards Visa Signature Card, it will serve you well if you spend regularly on gas and groceries. And unlike the PenFed Platinum Rewards Standard Card, you will be able to earn 1 point for all your other purchases that aren’t gas or supermarket related. This allows you to earn points no matter what the purchases are.
To be considered for this card, you must be a member of the Pentagon Federal Credit Union. You’re automatically considered if you are or were in the military or a family member of one. Also welcome are employees of military bases or government agencies, especially the Department of Homeland Security.
If none of the above applies to you, you can still apply for a membership by making a one time donation to one of their partner organizations. Or as a last option, you could also join by volunteering with a partner organization such as the Red Cross. With this one, it’s free and you’ll be participating in a good cause for the community.
As a member, you’ll be able to enjoy perks such as:
- Discounts on car insurance and home security
- Discounts on cell phone service and tax prep software
- Savings on car rentals
- Reduced interest rates and cash discounts on car purchases
- Up to $10,000 in savings when you buy a home through PenFed Real Estate Rewards
Also, you should keep in mind that while although there may be no cap or limits on how many points you can earn, there is however, a limit of 5 years on your points before they become expired if not used by then.
Provide feedback in the comment section below by telling us your thoughts and experience with this card. Make sure to visit BankDealGuy to explore the Best Credit Cards for Gas Purchases.
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