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Bonus Drive - Your road to rewards

Want a $500 bonus?

As a loyal PenFed member, we want to bring you value at every turn.

When it comes to getting a new vehicle, you won’t want to miss out on the extra value of Bonus Drive. It's simple: purchase or lease a vehicle from one of the nation’s leading auto manufacturers, and you’ll get a $500 reward above other applicable rebate incentives and discounts.

step 1 for towards your rewards



You can choose from Chrysler, Dodge, FIAT®, Jeep®, Ram, or Hyundai vehicles. Visit any dealer to negotiate your purchase or lease as normal.

Find Eligible Vehicles

step 2 towards your rewards



Complete the simple form on this website within 60 days of purchasing or leasing your new vehicle to claim your $500 check.

step 3 receive your rewards



You will receive your check in the mail in approximately 8 - 10 weeks once your application is approved!

Apply at

See Terms of Service for all program rules and eligibility.


Important Information Print Icon Print

The BonusDrive offer applies to the purchase or lease of NEW vehicles only (not previously sold, registered, or titled). Certified Pre-Owned or used vehicles are not eligible. See Terms of Service for program rules, conditions, and limitations.

Eligible vehicles include: new Chrysler, Dodge, Jeep, Ram, Hyundai and Fiat vehicles that have not been previously used, titled or registered. Certain restrictions apply including but not limited to: Offer not available to dealership fleet vehicles. Other restrictions may apply, approval is not guaranteed. This is a time sensitive offer and application must be submitted within 60 days after the purchase or lease of a new eligible vehicle. This is a limited time offer, and may be cancelled at any time without notice. Void where prohibited by law.

BonusDrive $500 Rebate is only eligible for vehicles purchased in one of the 50 states or District of Columbia in the United States. The rebate for any purchase or lease using any Hyundai Circle Program shall be $100. Vehicles purchased within U.S. Territories, such as Guam and Puerto Rico, are not eligible.

Chrysler, Dodge, Jeep® and Ram are registered trademarks of FCA US LLC. FIAT® is a registered trademark of FCA Group Marketing S.p.A., used under license by FCA US LLC.