Penfed Credit Cards
Penfed credit cards: If you’re looking for a card that will reward you for money spent on gas and groceries, the PenFed Platinum Rewards Visa Signature from Pentagon Federal Credit Union may be a good choice.
PenFed offers a rewards program with three levels, and no rewards cap.
Who can join?
All Branches of the U.S. Military, plus employees of the Department of Defense and Department of Homeland Security.
Not a member of the Military? No problem! Anyone can join through a variety of methods.
If you’re not sure of your eligibility, please check “None of the above” in the eligibility section of the membership application.
PenFed Platinum Rewards VISA Signature® Card
PenFed Platinum Rewards Visa Signature® Card offers outstanding value for families that spend a lot of money every year at gas stations and grocery stores, all with no annual fee.
5x points per dollar on gas.
3x points per dollar on groceries.
1x point per dollar on all other purchases.
$100 Statement Creditƚ when you spend $1,500 in first 90 days
No annual fee or foreign transaction fee.
0% Promo APR On balance transfers for 12 Months. 3% balance transfer fee. Subject to credit approval.
0% promotional balance transfer rate for 12 Months on transfers made between April 1, 2018 – September 30, 2018.
After that, the APR for the unpaid balance and any new balance transfers will be 10.99% to 17.99% on your creditworthiness and will vary with the market based on the Prime Rate.
A 3% balance transfer fee applies to each transfer.
PenFed Power Cash Rewards VISA Signature® Card
1.5 CASH BACK on all purchases, or 2% CASH BACK on all purchases for PenFed Honors Advantage Members
No Annual Fee
$100 Statement Creditƚ when you spend $1,500 in first 90 days
0% Promo APR On balance transfers for 12 Months. 3% balance transfer fee. Subject to credit approval.
0% promotional balance transfer rate for 12 Months on transfers made between April 1, 2018 – September 30, 2018.
After that, the APR for the unpaid balance and any new balance transfers will be 10.99% to 17.99% on your creditworthiness and will vary with the market based on the Prime Rate.
A 3% balance transfer fee applies to each transfer.
Source: Penfed website:https://www.penfed.org/credit-cards/