- Intro Bonus
- 15,000 Points15,000 Bonus Points when you spend $1,500 in first 90 days
- Reward Rates
- 5X5x Points on gas paid at the pump and EV charging stations
- 3X3x Points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services
- 1X1x Points on all other purchases
- Balance Transfers Intro APR
- 0% Balance Transfers Promo APR for 12 months
- Purchases Intro APR
- N/A
- Regular APR
- 16.49% to 17.99% Variable
- Annual Fee
- $0
Highlights
- Get Rewarded on Everyday Purchases
- 5x Points on gas paid at the pump and EV charging stations
- 3x Points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services
- 1x Points on all other purchases
- 15,000 Bonus Points when you spend $1,500 in first 90 days
- 0% Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. 0% introductory APR for 12 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $0
- Purchase Variable APR: 16.49% to 17.99%
- Refer to PenFed.org for Terms/Conditions
Features
- Auto Rental Insurance
- Balance Transfer
- Concierge Service
- Editor's Pick
- EMV
- Excellent Credit
- Extended Warranty Program
- Free Credit Score
- Gas
- Lost Luggage Reimbursement
- Low Interest
- Mobile Pay Ready
- No Annual Fee
- No Foreign Transaction Fees
- Points
- Purchase Protection
- Rewards
- Roadside Assistance
- Travel Accident Insurance
- Travel Assistance
- Unsecured credit card
- Visa
- Zero Fraud Liability
Staff Review
Editor's Rating: 3.4 out of 5 | Our take: With an affordable APR and some of the best rewards you can get on gas and supermarket purchases, the PenFed Platinum Rewards card is a great card for heavy-spending families. |
All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer. The information, including card rates and fees, presented in the review is accurate as of the date of the review.