Platinum Cashback

Platinum Cashback

on Pentagon Federal Credit Union's secure website

Platinum Cashback

Platinum Cashback

Platinum Cashback

on Pentagon Federal Credit Union's secure website

Card details

  • Rewards are unlimited and cash back is automatically credited to your account every month

  • No tiers, caps or limits to the amount of cash back you can earn

  • As low as 9.24% APR on purchases and cash advances

Rates, fees & offers

  • Annual fee

    $25

  • Rewards rate

    3% Cash Back on Gas Purchases at the Pump

  • Bonus offer

    None

  • Intro APR

    Purchase: None

    Transfer: 0% for 12 mos

  • Ongoing Apr

    Min APR: 9.24%, Variable

    Max APR: 17.99%, Variable

    Penalty APR: Up to 17.99%, Variable

    Cash Advance APR: 21.99%, Variable

  • Balance Transfer Fee

    3%

  • Foreign Transaction Fee

    None

Recommended credit score

Not sure which card is best for you?

Take a simple quiz to find out

NerdWallet Review

By Tim Chen

Rating Details

4

Editor's overall rating

Pros and Cons

Pros
  • Bonus cash back categories

  • Intro APR period on Balance Transfers

  • No foreign transaction fee

Cons
  • Has annual fee

  • No rewards

  • Needs excellent credit

Still one of the best rewards cards.

Platinum Cashback remains one of the best cash rewards cards out there for people with excellent credit.

5% on gas, no annual fee.

You can earn up to 5% on gas purchases paid at the pump and avoid an annual fee by obtaining a qualifying PenFed product.

Joining PenFed.

The only catch is that you have to join the PenFed credit union. This is easy if you are affiliated with the military, Red Cross, or one of many other organizations. However, anyone can join the credit union by donating $20 to NMFA or volunteering for the Red Cross.

User Reviews

Rating Details

NerdWallet reviews are the result of independent research by our editorial team while cardholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.

Already have this card?
Tell us what you think.

Showing undefined reviews

Some of the reviews on the NerdWallet site were purchased through a third party provider. Users who post a review directly on the NerdWallet site will not be compensated in any way. Please see our Terms of Use and Posting Guidelines for more information.