Get Rewarded!

  • 5x points on gas at the pump and EV charging stations
  • 3x points on groceries, restaurants, and TV/radio/cable/streaming services
  • 1x points on all other purchases

PenFed Platinum Rewards Visa Signature® Card

Credit card

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

Annual Fee: $0

Purchase Variable APR*: 13.49% to 17.99%

0% Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. Read More 

Terms and Conditions

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

Get a decision in as little as 20 seconds.

Click to Pay

Add your PenFed credit card for easy, smart, and secure online checkouts.

Contactless Payments

Contactless payments allow you to tap to pay with your contactless-enabled PenFed card.

Digital Wallet

Add your card to your digital wallet and enjoy easy, quick, and secure mobile payments.


*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 notifications 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.

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.

Refer to the Program Rules, Terms and Conditions (PDF) and the Signature Program Benefits (PDF) for detailed information.

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