Credit Cards

PenFed Platinum Rewards Visa Review: Earn Extra Cashback Points

Embark on a journey through our detailed PenFed Platinum Rewards Visa Signature® Card Review, highlighting the lucrative Cashback program and the absence of an annual fee.

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No annual fee, and a solid Cashback program

PenFed Platinum Rewards Visa Signature® Card
PenFed Platinum Rewards Visa Review: Earn Extra Cashback Points. Source: PenFed Credit Union

Lost amid so many options? Don’t worry; there’s something that pleases the crowds here. The concise and functional review of the PenFed Platinum Rewards Visa Signature® Card.

PenFed Platinum Rewards Visa Signature® Card

Apply for PenFed Platinum Rewards Visa Signature®

Unlock the allure of a Visa Signature® with no annual fee! Discover how to apply for the PenFed Platinum Rewards Visa Signature® Card!

Check out how the rewards program of the PenFed Platinum Rewards Visa Signature® Card works. And find out precisely what Visa is endorsing in this option. All here for you.

Credit ScoreFrom 690 (Good);
Annual Fee$0;
Purchase APR17.99% variable;
Cash Advance APR17.99%;
Welcome Bonus15,000 Bonus Pointsƚ when you spend $1,500 in first 90 days;
RewardsEarn up to 5x points on purchases.

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The ins and outs of the PenFed Platinum Rewards Visa Signature® Card

Count on 88 years of history and dedicated service. For this, choose the PenFed Platinum Rewards Visa Signature® Card to take the front row in your wallet. This review is for you.

PenFed is renowned for its competitive rates and excellent customer service. It was ranked first in the J.D. Power 2022 U.S. Credit Union Member Satisfaction Study.

Furthermore, we’re talking about a Visa Signature®. This provides access to a range of premium benefits. Earn 3 times more cashback for every dollar you spend on groceries and restaurants.

Additionally, the PenFed Platinum Rewards Visa Signature® Card offers 5 points per dollar spent on fueling your vehicle. Here is the essence of the complete card review.

On top of that, you earn 1 point per dollar on all other purchases. The best part is that points can be redeemed for travel, merchandise, gift cards, and even cash.

PenFed Platinum Rewards Visa Signature® Card: is it worth it?

PenFed Platinum Rewards Visa Signature® Card
No annual fee, and a solid Cashback program. Source: PenFed Credit Union

It is indeed an attractive option that should be on your list. Keep the tab of this PenFed Platinum Rewards Visa Signature® Card review open until the end of your research today. I guarantee we’ll be there at the finish, face to face.

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Pros

  • High bonus category earning rate: Earn up to 5 times more Cashback points;
  • No foreign transaction fee: An advantage for those needing to make transactions abroad;
  • Introductory 0% APR on balance transfers: A temporary benefit that should be taken advantage of;
  • EMV chip for enhanced security: Rely on something that truly makes your transactions secure;
  • No annual fee: A recent advantage of the PenFed Platinum Rewards Visa Signature® Card;
  • Pay your purchases interest-free: No interest will be charged on purchases if you pay the full balance of your account, including balance transfers and cash advances, by the due date each month.

Cons

  • The benefits program is not straightforward to understand. Cashback percentages vary depending on the purchase category;
  • High variable APR after the introductory period;
  • Pay attention to the balance transfer fee.

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Credit score requirements for card application

To access the PenFed Platinum Rewards Visa Signature® Card, you need a score of 690 or higher. In other words, your credit score will need to be at least “Good.”

Ready to apply? Here’s how to get the PenFed Platinum Rewards Visa Signature® Card

Ready? You are now a member of the PenFed Platinum Rewards Visa Signature® Card fan club.

The next step is to enhance your experience further. Learn how to get your own card in just a few minutes. Check out how to apply in the safest and simplest way possible!

PenFed Platinum Rewards Visa Signature® Card

Apply for PenFed Platinum Rewards Visa Signature®

Unlock the allure of a Visa Signature® with no annual fee! Discover how to apply for the PenFed Platinum Rewards Visa Signature® Card!

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