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Apply online for PenFed Platinum Cash Rewards Visa® Card
About Our Ratings
Credit Needed
Excellent

Top Features

Cashback on Gas
Up to 5% cash back on gas purchases paid at the pump*
Cashback on groceries
N/A
Cashback on other
N/A
Annual Fee
See terms

This card compared to other cash back cards

Cashback on Gas
Up to 5% cash back on gas purchases paid at the pump*
3% at U.S. gas stations
2% at U.S. gas stations
Cashback on Groceries
N/A
6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
3% at U.S. supermarkets on up to $6,000 per year in purchases
Cashback on other
N/A
1% other purchases. Terms and limitations apply.
1% other purchases. Terms and limitations apply.
Purchase Intro
APR:
N/A
APR:
0% on Purchases
Period:
for 12 months
APR:
0% on Purchases
Period:
for 12 months
Purchase APR
9.24% to 17.99% when you open your account, based on your credit worthiness.* Your APR will vary with the market based on the Prime Rate.
13.49%-23.49% Variable 
13.49%-23.49% Variable 
This card is best for eligible credit union members seeking cash back rewards on gas purchases paid at the pump and a decent APR.
CardRatings.com Editorial Staff

PenFed Platinum Cash Rewards Visa® Card details

Balance Transfer Intro APR
0%
Balance Transfer Intro Period
12 months
Purchase Intro
APR:
N/A
Purchase APR
9.24% to 17.99% when you open your account, based on your credit worthiness.* Your APR will vary with the market based on the Prime Rate. 
Annual Fee
See terms
see more  

Credit Card Rate Information:


 
  Purchase
  Balance Transfer
  Cash Advance
Index:
 Prime
 Prime
 Prime
Margin:
 6.74 - 14.74
 6.74 - 14.74
 6.74 - 14.74
APR:
  9.24% to 17.99% when you open your account, based on your credit worthiness.* Your APR will vary with the market based on the Prime Rate.
 9.24% to 17.99% when you open your account, based on your credit worthiness.* Your APR will vary with the market based on the Prime Rate.
 9.99% - 17.99%
APR Floor:
 None
 None
 None
Intro Rate:
 N/A
 0%
 N/A
Intro Period:
 N/A
 12 months
 None


Finance Calculation Method:
 Average Daily Balance (including new purchases)
Default/Penalty APR:
 17.99%
Default/Penalty Margin:
 N/A
Default/Penalty APR Floor:
 None
Penalty/Default Trigger:
 

Credit Card Fee Information:


Annual Fee:
 See terms
Foreign Transaction Fee:
 None
Late Fee:
 Up to $25
Over-the-limit Fee:
 0% ( $0 max.)
Balance Transfer Fee:
3% per transaction  


Notes:

Rebate Description:
 For a limited time, earn a $100 bonus statement credit when you spend $1,500 in the first 90 days. Earn 3 or 5% cash back on gas purchases paid at the pump. You can earn 5% on gas purchases paid at the pump and avoid an annual fee by obtaining a qualifying PenFed product, such as checking account, money market certificate, mortgage, home equity line and others (see website for details and conditions).
Special Notes:
 Plus Card: 5% cash back on gas purchases paid at the pump and no annual fee. Standard Card: 3% cash back on gas purchases paid at the pump and no annual fee for the first year, then $25.
Credit Card More Information:

Card Issued By:
 Pentagon Federal Credit Union
General Correspondence Address:
PO Box 1432
Alexandria, VA 22313
Card Type:
 Visa
Card Class:
 Platinum
Card Category:
 
States Available In:
 
Minimum Credit Limit:
 $500 min.
Maximum Credit Limit:
 $50000 max.
Credit Limit Notes:
 

What Pentagon Federal Credit Union says about this card

  • 0% APR promo balance transfer rate for 12 mos. After that, the APR for the unpaid balance and any new balance transfers will be 9.24% to 17.99%. APR will vary w/the market based on Prime Rate. 3% balance transfer fee per transaction. Subject to credit approval. $100 bonus after spending $1,500 in purchase transactions within 3 months of account opening.
  • Rate and offers current as of January 1, 2017 and subject to change.
  • PenFed Platinum Cash Rewards Plus Card Features
    • 5% cash back on gas purchases paid at the pump. Fuel purchases for airplanes and boats do not receive cash back rewards
    • Cash rewards automatically awarded to your account every month.
    • No caps, limits or tiers on rewards
    • No annual fee
    • No foreign transaction fee
  • PenFed Platinum Cash Rewards Standard Card Features
    • 3% cash back on gas purchases paid at the pump. Fuel purchases for airplanes and boats do not receive cash back rewards
    • Cash rewards automatically awarded to your account every month.
    • No caps, limits or tiers on rewards
    • No annual fee for the first year, then $25
    • No foreign transaction fee
  • Visit https://penfed.org/platinum-cash-rewards-card/ for Plus qualification requirements
  • Chip Enabled for Added Security
  • Federally insured by NCUA
  • Rates As Low As 9.24% APR

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Special offers
Currently available on the PenFed Platinum Cash Rewards Visa® Card
$100 bonus
After spending $1,500 in purchase transactions within 3 months of account opening.

Start Here

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Apply online for Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

  • Earn $150 back after you spend $1,000 in purchases on your new Card in your first 3 months.
  • Everyday Cash Back: 6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations; 1% other purchases. Terms and limitations apply.
  • No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. You can only earn cash back on eligible purchases.
  • 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 13.49% to 23.49%, based on your creditworthiness and other factors.
  • Terms Apply.
Credit Needed:
Excellent, Good
Apply online for Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

  • Earn $100 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive cash back in the form of statement credits.
  • Earn Cash Back: 3% at U.S. supermarkets on up to $6,000 per year in purchases, 2% at U.S. gas stations & select U.S. dept stores, 1% on other purchases. Terms and limitations apply.
  • Simple and straightforward: With the Blue Cash Everyday Card, you can start earning cash back.
  • No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Cash back is earned only on eligible purchases.
  • No annual fee. Plus, 0% intro APR on purchases and balance transfers for 12 months, then a variable rate, currently 13.49% to 23.49%, based on your creditworthiness and other factors.
  • Terms and Conditions apply.
Credit Needed:
Excellent, Good