dcsimg
Advertiser Disclosure
 
     
Please enter the text to be searched
As the COVID-19 pandemic continues to affect your life and finances, CardRatings will remain committed to providing timely information related to credit cards and personal finance topics via our coronavirus financial services resource page. Email editor@cardratings.com with specific questions.
This card is not currently available here, but you can browse reviews for other credit cards.

PenFed Premium Travel Rewards American Express® Card Review

 Editor-in-chief  | Updated

Our credit card articles, reviews and ratings maintain strict editorial integrity; however we may be compensated when you click on or are approved for offers (terms apply) from our partners. How we make money.

PenFed Premium Travel Rewards American Express® Card

This card is no longer available.
Our Rating:   

CardRatings Editor's Analysis: Pros & Cons

  • No annual fee.
  • Not only does the card offer a 0% APR for 12 months on balance transfers, but it rewards you for making those transfers with up to a $100 statement credit for qualifying transfers. After the intro period you'll pay 9.74% to 17.99% when you open your account, based on your creditworthiness.* Your APR will vary with the market based on the Prime Rate.
  • This card earns just one point per dollar unless you're booking flights (five points per dollar on flights), so it's really not the best card for everyday spending.

Top Features

 Rewards
1-5 points/$1
 Bonus Rewards
20,000 bonus points when you spend $2,500 within the first 3 months of opening the card account
 Annual Fee
$0

PenFed Premium Travel Rewards American Express® Card Compared to Other Travel rewards Cards

This card is no longer available.
PenFed Premium Travel Rewards American Express® Card
Apply online for Chase Sapphire Reserve®
Rewards
1-5 points/$1 
Rewards
2 Miles per dollar on every purchase, every day. 
Rewards
3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees. 
Rewards
Earn 2 AAdvantage® miles for every $1 spent at gas stations and restaurants. Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases 
Rewards
Earn 2 AAdvantage® miles for each $1 spent at grocery stores, including grocery delivery services. Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases. Earn 1 AAdvantage® mile for every $1 spent on other purchases 
Bonus Rewards
20,000 bonus points when you spend $2,500 within the first 3 months of opening the card account  
Bonus Rewards
Earn 100,000 Miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3000 on purchases in the first 3 months.  
Bonus Rewards
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®  
Bonus Rewards
Earn 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening  
Bonus Rewards
Earn 10,000 American Airlines AAdvantage® bonus miles and receive a $50 statement credit after making $500 in purchases within the first 3 months of account opening.  
Annual Fee
$0 
Annual Fee
$95 
Annual Fee
$550 
Annual Fee
$99, waived for first 12 months 
Annual Fee
$0 

Consumer Reviews

Add Your Review

WRITE A REVIEW

E-Mail will not be published

  
  1. No reviews available for this card.