- You must be a PenFed member to apply. Not yet a member? It's easy to join!
- You may be eligible through your employment, association membership, and volunteerism, or by becoming a member of one of our nonprofit partner organizations.
- Earn 5% cash back on gas purchases paid at the pump and .025% on all other purchases.
- Cash rewards automatically awarded to your account every month with no caps.
5.0 / 5.0 (22 votes)
Leave your vote!

Information - Rates - Fees

Intro APR:
N/A*
Applied Towards:
Balance Transfer
Intro Period:
N/A*
APR:
9.99%*
APR Type:
variable
Annual Fee:
$0*
Card Network:
Card Category:
Consumer (Premium)
Card Type:
Low Interest Credit Card
Reward Card
Credit Needed:
Excellent*
Grace Period:
25 days*
Min Finance Charge:
0.00%
Late Payment Fee:
$20.00*
Over Limit Fee:
$0.00

Balance Transfers

Balance Transfer:
Yes
APR on Balance Transfer (%):
4.99%
Transfer Fee (%):
2.50%
Minimum Fee:
$10.00
Maximum Fee:
$100.00
Transfer Period:
Life of Balance*

Cash Advances

APR on Cash Advances (%):
17.99%
Cash Advance Fee (%):
2.50%
Minimum Fee:
$10.00

Other Fees

Additional Fees
- 2% of the US dollar amount of the transaction
- Returned Payment Fee: $30.00

Comments

You must be a Pentagon Federal Credit Union member to apply. Not a member? It's easy to join. You must be a United States Government employee, member of the United States Military and Uniformed Services, employee or volunteer of the American Red Cross, member of the National Military Family Association, or a family member/housemate of a current PenFed member.

Review by

The PenFed Visa Platinum Gas / Cash Rewards Card rewards cardholders for paying at the pump, shopping at the supermarket, and using the card for all other purchases. With the complimentary rewards program built in to the credit card, cardholders receive cash back on all purchases they make. With the opportunity for users to receive cash back on gasoline purchases, cash back on supermarket purchases, and cash back on any and all other purchases, it is no wonder, cardholders find this card to be very rewarding.

Plus, cardholders receive a low introductory rate on balance transfers for the first two years. Cardholders can avoid a long list of fees as well. This card has no annual fee and no over-the-limit fee.

Features

Most attractive:
- Low APR on purchases
- Intro rates on BT
- No annual fee
Least attractive:
- No bonus points
- No intro for purchases

Rewards & Benefits

Reward Types:
Cash Back Reward Cards
Gas Reward Cards
Other Rewards Cards
Universal Reward Cards
Reward Unit:
Cash
Rewards:
- 5% cash back on gas purchases paid at the pump
- .025% on all other purchases
Expiration:
None*
Yearly Limit:
Up to $50,000 limit
Other Benefits:
See Terms and Conditions of the card
Online Access:
Yes!

The information provided for PenFed Visa Platinum Cash Rewards Card is believed to be accurate at the time of evaluation (Mar 4, 2013). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.