PenFed · Visa Signature · Personal
PenFed Platinum Rewards
A no-annual-fee card earning PenFed Platinum Rewards: 5× on EV Charging and Gas Stations, 1× on everything else.
- Annual fee
- $0No annual fee
- Signup bonus
- 15,000 ≈ $128 in travel (our estimate)*
- Top rate
- 5×EV Charging, Gas Stations
- Point value
- 0.85¢ In travel · 0.85¢ as cash (our estimate)*
Year one and year two
Is it worth it for you?
Tick the credits you’d really use and enter what you spend. The ledger adds up the bonus, your points and the credits, less the fee.
| Line | Year one | Year two |
|---|---|---|
| Signup bonus 15,000 points | $128 | – |
| Points on your spend Enter your spending | $0 | $0 |
| Credits you’d use No statement credits listed | $0 | $0 |
| Annual fee No annual fee | $0 | $0 |
| NetYear one includes the bonus · at your inputs · our estimates* | $128 | $0 |
Bonus terms: 15,000 Bonus Points when you spend $1,500 in first 90 days
Earning structure
9 categories, 3 rates
| Icon | Category | Points per $1 | Worth per $100 (our estimate)* |
|---|---|---|---|
| EV Charging | 5× | $4.25 | |
| Gas Stations | 5× | $4.25 | |
| Dining | 3× | $2.55 | |
Groceries NotesINCLUDES most Walmarts and Target locations. | 3× | $2.55 | |
| Internet and Cable | 3× | $2.55 | |
| Streaming Services | 3× | $2.55 | |
| Target | 3× | $2.55 | |
| Walmart | 3× | $2.55 | |
| All Other | 1× | $0.85 |
The rest of the card
Details, rules and benefits
Card details
- Annual fee
- None
- Card type
- Personal
- Network
- Visa Signature
- Bank
- PenFed
- Point system
- PenFed Platinum Rewards
- Travel value (our estimate)*
- 0.85¢ per point
- Cash value (our estimate)*
- 0.85¢ per point
- Foreign transaction fee
- None
- Transfer partners
- No
- Travel portal redemption
- Yes
- Cash to travel
- No
Application rules1
- PenFed Membership
To get a PenFed credit card, you must first become a member of the credit union by meeting their eligibility criteria (such as military, government affiliation, or by joining a partner association) and opening a savings account with a minimum deposit.
Benefits2 · 0 high value
- Cell Phone Protections Cell Phone Protection
- Travel Protections Travel Accident Coverage
Benefit details, terms, and availability may vary. Please refer to the card’s terms and conditions for complete information.
Alternatives
Head to head with similar cards
 PenFed Platinum Rewards |  PenFed Pathfinder Rewards |  PenFed Power Cash Rewards |  AAA Travel Advantage | |
|---|---|---|---|---|
| Annual fee | $0 | $95+$95 | $0Same | $0Same |
| Signup bonus | 15,000 pts | 50,000 pts | $100 | $100 |
| Top rate | 5×EV Charging, Gas Stations | 4×12 categories | 2×All Other | 5×EV Charging, Gas Stations |
| Travel value * | 0.85¢PenFed Platinum Rewards | 0.85¢PenFed Platinum Rewards | –Cash back | 1¢AAA Points |
| Why it’s here | This card | Same issuer and the same PenFed Platinum Rewards points | Also no annual fee | Also no annual fee |
* Point valuations are RICH with POINTS™ editorial estimates, averaged from published valuations by The Points Guy, Upgraded Points, and Frequent Miler. They are not issuer figures and do not represent guaranteed redemption value.
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