PenFed Platinum Rewards full review
Learn about the advantages of the PenFed Platinum Rewards Credit Card, which not only eliminates fees but also offers a reward program.
Discover the Benefits of the PenFed Platinum Rewards Credit Card
The PenFed Platinum Rewards Credit Card is a credit card that offers a range of rewards, discounts, and points without any excessive fees. In this article, we will explore the benefits of this card and how you can acquire it.
Fees
One of the standout features of the PenFed Platinum Rewards Credit Card is that it does not charge an annual fee, setting it apart from other cards in its segment. Additionally, there are no fees for transactions carried out abroad, making it an ideal card for frequent travelers. The variable purchase APR ranges from 16.49% to 17.99%, providing flexibility for cardholders.
Security
With the PenFed Platinum Rewards Credit Card, you can enjoy a high level of security. Your account transactions are monitored seven days a week, 24 hours a day, and if any suspicious activity is detected, a representative will contact you immediately. The card is equipped with chip technology for added protection, and online purchases are secured with VISA’s advanced fraud prevention measures. Your account information is also kept safe, as it is never stored on your mobile device.
Discounts
As a cardholder, you have access to a range of discounts at eligible merchants across various categories. Whether it’s hotels, dining, car rentals, or general purchases, you can enjoy discounts by using your PenFed Platinum Rewards Credit Card. Additionally, PenFed members can benefit from discounts in home, automotive, personal, retail, and financial services categories. To stay updated on discount opportunities, visit the PenFed Platinum Rewards Credit Card page for a list of participating merchants.
Visa Signature Concierge
VISA offers a concierge service to its cardholders, allowing you to access assistance and answers to your questions at any time of the day, any day of the week. Simply contact the Visa Signature Concierge phone number to take advantage of this service.
Balance Transfer
With the PenFed Platinum Rewards Credit Card, you have the option to transfer your card balance for various purposes. Whether it’s paying off cards with higher interest rates, covering unexpected expenses, consolidating debts, or lowering your monthly payments, the card provides flexibility for managing your finances.
How Does the PenFed Platinum Rewards Credit Card Work?
In addition to the aforementioned benefits, the PenFed Platinum Rewards Credit Card offers a points reward system. Depending on your purchases, you can earn anywhere from 1x to 5x points. For the first 90 days after opening your account, you can earn an initial bonus of 15,000 points by spending $1,500 on the card. The value of points can range from 1.7 cents to 0.85 cents, depending on the category.
Benefits of the PenFed Platinum Rewards Credit Card
The PenFed Platinum Rewards Credit Card offers a range of benefits, including:
- Earn 5x points when filling up your car at gas stations or electric vehicle charging stations
- Earn 3x points at supermarkets, streaming services, restaurants, and more
- Earn 1x point on all other purchases
How to Apply for the PenFed Platinum Rewards Credit Card
If you’re interested in obtaining the PenFed Platinum Rewards Credit Card, the application process is simple. Click the button below to access the article and learn more about the benefits and how to apply.
