The card_name is a rewards card designed for members of PenFed Credit Union (or people who don’t mind joining). Membership requirements are as easy as opening a PenFed savings account with a $5 deposit. The 5x points you get on gas is a great card benefit, plus you can earn a welcome bonus. However, note that you can’t redeem your points for cash. You can only redeem them for travel, merchandise, or gift cards. We dive into the details and your approval odds in this PenFed Platinum review.
15,000 Bonus Points when you spend $1,500 in first 90 days
Features & Benefits
EMV Chip Enabled, Fraud Monitoring, Zero Liability
Tap to Pay, Apple Pay, Google Pay, Samsung Pay
Purchase Protection, 24/7 customer service
Access to Special Events and Concerts, Concierge Services, Emergency Travel Assistance, Roadside Assistance, Travel Accident Insurance
On all other eligible purchases
1x Points on all other purchases
3x Points at the supermarket (including most Target and Walmart locations)
3x Points on TV, radio, cable, streaming services
3x Points at restaurants
5x points on gas paid at the pump and EV charging stations
Interest Rates & Fees
No Annual Fee
Foreign Transaction Fee
17.99% (V) APR
0% Intro APR for 12 months on balance transfers, then 17.99%(V) APR after that.
Balance Transfer Fee
3% fee applies to each transfer
Will replace, repair, or reimburse you for eligible items of personal property up to $500 per claim for ninety (90) days from the date of purchase due to covered reasons.
What Credit Score Is Required to Get the PenFed Platinum Rewards Visa Signature® Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in
their underwriting process, and these factors can change at any time.