Platinum Cashback

Platinum Cashback

on Pentagon Federal Credit Union's website

Platinum Cashback

Platinum Cashback

Platinum Cashback

on Pentagon Federal Credit Union's 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


  • Rewards rate

    3% Cash Back on Gas Purchases at the Pump

  • Bonus offer


  • 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


  • Foreign transaction fee


Recommended credit score

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NerdWallet review

By Tim Chen

Rating details


Editor's overall rating

Pros and cons

  • Bonus cash back categories

  • Intro APR period on Balance Transfers

  • No foreign transaction fee

  • 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

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