Get Rewarded on Everyday Purchases
Annual Fee: $0
Purchase Variable APR*: % to %
Points** on gas paid at the pump and EV charging stations
Points** at the supermarket (including most Target and Walmart locations†), restaurants, and TV, radio, cable, streaming services
Points** on all other purchases
15,000 Bonus Pointsƚ when you spend $1,500 in first 90 days
Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. Read More
How Many Reward Points Can You Earn?
Calculate Your Rewards
Your Point Rewards
ANNUAL REWARD POINTS
MONTHLY REWARD POINTS
How to Redeem Your Platinum Reward Points?
Redeem your rewards, your way...
Gift cards for shopping, dining and entertainment, and more. check out our reward catalog for more options!
Visit our reward catalog to see the great places your PenFed Rewards can take you if you are planning a trip.
Shopping - with reward points. From electronics to kitchen must-haves, sporting goods, household items and so much more!
Unlimited points, no rotating categories, no minimums, and no expiration on points
*Rates are based on an evaluation of applicant credit and length of PenFed membership. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lower rate.
Credit card applications completed online will require your agreement to receive application notifications and disclosures electronically.
Cardholders may sign up for free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.
Rate and offers current as of and are subject to change. View pricing lists cardholder agreements.
**Rewards are available only for new purchases made with the card: cash advances, checks drawn from the account, and balance transfers are excluded and do not earn credit toward rewards. Certain restrictions may apply. Visa® USA determines which transactions are classified as gas purchases paid at the pump and supermarket purchases based on Merchant Category Codes. Military commissaries are supermarkets. Fuel purchases for airplanes and boats receive 1 point per dollar spent. Your card account must be open and in good standing to earn rewards.
†The listed merchants are in no way affiliated with Pentagon Federal Credit Union, nor are the listed merchants considered sponsors or co-sponsors of the rewards program. All trademarks are the property of their respective owners.
±Visa Zero Liability policy covers U.S.–issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit http://www.visa.com/security.
ƚEligible accounts will receive a one-time 15,000 point bonus upon spending $1,500 in qualified purchase transactions within 90 days of account opening. Cash advances, credit card checks, and balance transfers do not qualify as purchase transactions. Please allow 4 weeks to receive the bonus point credit. Account must be open and in good standing to qualify.