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PenFed Platinum Rewards Visa Signature®Card -Magnifymoney Review rating card
Rated 0/5 based on 0 customer reviews
$000.00 In stock
Product description:

In order to have this credit card, you need to be a member of PenFed Credit Union.  It is easy to join (almost anyone can), and you will be shown how once you start the application process.

The card has a balance transfer offer of 0% for 12 months, along with an up-front fee of 3%. There are better options out there, and you can find them in our marketplace. If you want to earn points, this card is a good bet.

WIth this card, you will earn: 5 points at the gas station, 3 points on supermarket purchases and 1 point on all other purchases.  

The earn rate would be great if you could get $1 for every 100 points. Unfortunatley, it is a bit less.  

 

You will see that Visa Prepaid Cards require 2,940 points for a $25 card.  

That means 5 points (gas) = 4.25%, which is still a great deal.

3 points (supermarkets) = 2.55%

And all other spend is 0.85%.

So, good value on gas and supermarkets.  

And there is also a great, low, on-going APR.  The APR on this card is 10.24%.

 

Customer reviews:

PenFed Platinum Rewards Visa Signature®Card

In order to have this credit card, you need to be a member of PenFed Credit Union.  It is easy to join (almost anyone can), and you will be shown how once you start the application process.

The card has a balance transfer offer of 0% for 12 months, along with an up-front fee of 3%. There are better options out there, and you can find them in our marketplace. If you want to earn points, this card is a good bet.

WIth this card, you will earn: 5 points at the gas station, 3 points on supermarket purchases and 1 point on all other purchases.  

The earn rate would be great if you could get $1 for every 100 points. Unfortunatley, it is a bit less.  

 

You will see that Visa Prepaid Cards require 2,940 points for a $25 card.  

That means 5 points (gas) = 4.25%, which is still a great deal.

3 points (supermarkets) = 2.55%

And all other spend is 0.85%.

So, good value on gas and supermarkets.  

And there is also a great, low, on-going APR.  The APR on this card is 10.24%.

 

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