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Key Features

No Foreign Transaction Fees
Travel Portal Redemption

Card Details

Annual Fee:$95
Card Type:Personal
Point System:PenFed Platinum Rewards
Travel Value (our estimate):0.9¢ per point
Cash Value (our estimate):0.9¢ per point
Bank:PenFed
Network:Visa Signature
Type:Credit Union

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.

Signup Bonus

50,000 points
Earn 50,000 Bonus Points when you spend $3,000 in the first 90 days.

Earning Structure

4x
points per $1 spent on:
Airfare
Airfare (Portal)
Car Rentals
Car Rentals (Portal)
Cruises
Hotels
Hotels (Portal)
Parking
Ridesharing
Toll Fees
Transit
Travel
3x
points per $1 spent on:
Dining
1.5x
points per $1 spent on:
All Other
Editorial independence

RICH with POINTS™ is an independent publisher. We are not a bank, lender, or credit card issuer, and we are not affiliated with, endorsed by, or sponsored by any card issuer. Card details are collected independently from public sources and have not been reviewed or approved by any issuer. Offers and terms change frequently — always confirm current details on the issuer’s own site before applying.

All product names, logos, card images, and brands are the property of their respective owners. Use of these names, logos, and brands is for identification purposes only and does not imply endorsement or affiliation.