0% APR promo balance transfer rate for 12 months now through December 31, 2018. After that, the APR for the unpaid balance and any new balance transfers will be 11.49% to 17.99%. APR will vary w/the market based on Prime Rate. 3% balance transfer fee per transaction. Subject to credit approval. $100 bonus after spending $1,500 in purchase transactions within the first 90 days of account opening.
Rate and offers current as of October 1, 2018 and subject to change.
Earn 5 points on gas purchases at the pump. Fuel purchases for airplanes and boats do not receive cash back rewards.
Earn 3 points on supermarket purchases
Earn 1 point on all other purchases
No annual fee
No foreign transaction fees
No cash advance fee
Chip enabled for added security
Federally insured by NCUA
Variable rate as low As 11.49% APR
Rates, fees & offers
1 point per dollar
$100 bonus after spending $1,500 in purchase transactions within the first 90 days of account opening.
0% promotional rate for 12 months on transfers made between October 1, 2018 and December 31, 2018
Min APR: 11.49%, Variable
Max APR: 17.99%, Variable
Penalty APR: Up to 17.99%, Variable
Balance Transfer Fee
Foreign Transaction Fee
Recommended credit score
Not sure which card is best for you?
In addition to free-flowing fuel rewards, the card also pays an unlimited 3 points per dollar on groceries and an unlimited 1 points per dollar on all other qualifying purchases.
Redemption options are limited, though. Points are redeemable only for travel, gift cards and merchandise. Cash back is not available.
Typically, travel redemptions yield the highest point value. Otherwise, you can generally expect a value of about 0.85 cents per point, which is less than what many other rewards cards offer.
You’ll also have to join PenFed’s credit union to apply. For more information about the PenFed Platinum Rewards Visa Signature® Card, check out our full review here.
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