Platinum Rewards Visa Signature® Card
Get Rewarded on Everyday Purchases. 5x Points on gas paid at the pump and EV charging stations. 3x Points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services. 1x Points on all other purchases. 15,000 Bonus Points when you spend $1,500 in first 90 days. 0% Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. 0% introductory APR for 12 months on balance transfers made in the first 90 days after account opening. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date. Annual Fee: $0. Purchase Variable APR: 17.99%. Refer to PenFed.org for Terms/Conditions.
Nav's Verdict
Cost
HighLow
Effort to Apply
DifficultEasy
Card Perks
PoorGood
Features
PoorGood
7/10
Bottom Line
A great alternative for those who spend a lot on gas and grocery purchases. You can earn and redeem points for travel, merchandise or gift cards.
Pros
No annual fee and intro APR on balance transfers
Cons
No cash back offers
Intro APR
N/A
Purchase APR
17.99% Variable
Annual Fee
No Annual Fee
Welcome Offer
15,000 Bonus Points when you spend $1,500 in the first 90 days.
Rewards Rate
3x Points at the supermarket (including most Target and Walmart locations), restaurants, and TV, radio, cable, streaming services. 1x Points on all other purchases. 5x Points on gas paid at the pump and EV charging stations.
Foreign Transaction Fee
N/A
Reviews
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