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PenFed Platinum Rewards VISA Signature® Card card

PenFed Platinum Rewards VISA Signature® Card

By the Best Credit Cards Guide editorial team · Information from the original card page, updated May 28, 2025

Annual fee
None
Recommended credit
Excellent / Good
Card network
Visa
Regular purchase APR
17.99% variable based on creditworthiness and the Prime Rate
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Check before you apply: the rates, fees and offers on this page are as listed on the original card page (updated May 28, 2025) and may have changed. Confirm current terms on the issuer’s website. Best Credit Cards Guide may be compensated by some issuers; see our Advertiser Disclosure.

At a glance

The PenFed Platinum Rewards VISA Signature® is big on gas and groceries; earn 5x points per dollar spent on purchases made at the pump, 3x points for grocery purchases, and 1x points for all other purchases. Take advantage of a great introductory offer – 0% APR for balance transfers for up to 12 months and a special bonus statement credit as you earn points on everyday purchases towards travel, shopping and gift cards.

Our review of the PenFed Platinum Rewards VISA Signature® Card

Are you looking for a credit card that earns you points quickly and conveniently? Look no further than the PenFed Platinum Rewards VISA Signature® Card. With this card, you can earn 5x points on gasoline purchases, including EV charging stations. Additionally, you can earn 3x points on groceries and 1x point on all other purchases.

Not only does this card offer great point-earning potential, but it also features a low APR for purchases and cash advances, starting at 11.99% depending on your creditworthiness. Plus, as an introductory offer, you can enjoy a 0% APR on balance transfers for the first year.

With no annual fees or foreign transaction fees, the PenFed Platinum Rewards VISA Signature® Card is a great option for those looking to save money while earning rewards. Plus, you’ll receive a bonus of 15,000 points when you spend $1,500 in the first 90 days of opening your account.

If you’re interested in applying for this card, you don’t need to be a military member – just have an Access America account from PenFed. With added perks like EMV chip security, digital wallet compatibility, and 24/7 concierge service, this card is a top choice for those looking for a rewarding and secure credit card option.

Overall, the PenFed Platinum Rewards VISA Signature® Card is one of the best gas rewards credit cards available today. With unmatched point-earning potential and a range of benefits, this card is worth considering for your everyday spending needs.

Card features

Benefits as listed on the original card page. They can change; confirm details with the issuer.

  • 5X points per dollar spent on gas at the pump and EV charging stations and 3X points on groceries. 1X points on all other purchases g
  • 15,000 bonus points when you spend $1,500 in first 90 days of card account opening
  • 0% intro APR on balance transfers for 12 months after account opening
  • No annual fees and no foreign transaction fees

Rates, fees and terms

Rates, fees and terms as listed on the original card page (updated May 28, 2025). Confirm current terms on the issuer’s site.
Annual FeeNone
Regular Purchase APR17.99% variable based on creditworthiness and the Prime Rate
Intro Balance Transfer APR0% for 12 months from account opening date
Balance Transfer APR17.99%
Balance Transfer Transaction Fee3% of the transfer amount
Cash Advance APR17.99%
Penalty APR17.99%
Late Payment Penalty FeeUp to $28
Return Payment Penalty FeeUp to $25

Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit Good Credit.

Apply Now for PenFed Platinum Rewards VISA Signature® Card (opens in a new tab)View issuer terms for PenFed Platinum Rewards VISA Signature® Card (opens in a new tab)

PenFed Platinum Rewards VISA Signature® Card

Apply Now for PenFed Platinum Rewards VISA Signature® Card (opens in a new tab)

You will leave this site for the issuer’s page. Confirm current terms there.

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