PenFed Platinum Rewards Visa Signature® Card
For drivers and families whose biggest costs are fuel, groceries and dining out. It earns 5X points on fuel and EV charging, 3X at supermarkets and restaurants and 1X elsewhere, with no annual fee and no foreign transaction fee. Balance transfers made in the first 60 days get 0% intro APR for 12 months with a 3% fee. PenFed creates your credit union membership during the application. The caveat: points redeem for gift cards, merchandise or travel rather than straight cash, and they expire 5 years from the date earned.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- 5X on fuel and EV charging, 3X at supermarkets and restaurants
- No annual fee
- No foreign transaction fee
- No cash advance fee
- Redeem for Digital Visa reward cards, gift cards, merchandise or travel
- Annual fee: $0
- Regular purchase APR: 17.99% Variable
- Intro balance transfer APR: 0% for 12 months on balance transfers made in the first 60 days after account opening
- Balance transfer APR: 17.99% non-variable
- Balance transfer fee: 3% per transaction
- Cash advance APR: 17.99%
- Cash advance fee: None
- Penalty APR: 17.99%
- Late payment fee: Up to $30 for the 1st occurrence; up to $35 for subsequent occurrences
- Foreign transaction fee: None
- Rates and offers verified on the issuer's website on September 30, 2026 and may change.
- You spend a lot on fuel or EV charging and want 5X points on it.
- You buy groceries and eat out often and want 3X there.
- You have a balance to move and want 0% for 12 months.
- You should skip it if you want cash deposited to your account: points go to gift cards, merchandise or travel.
Score guess
Guess your credit score
Drag the dial to your best guess. Then see which cards people around that score got approved for.
A guess, not a credit check: nothing here touches your credit. Score ranges from FICO.
Your guess: 700
Approved at 670 to 739
Approval results for this card
53 results: 50 approved, 3 denied. Approval rate 94% of decided applications.
| Result | Score | Bureau | Income | State | Applied |
|---|---|---|---|---|---|
| Approved | 670 to 739 | Experian | $100k to $150k | CA | Nov 2024 |
| Approved | 670 to 739 | Equifax | - | CA | Sep 2021 |
| Approved | 670 to 739 | Equifax | - | IL | May 2021 |
See all 53 results · Add your result
Reported by Banrox readers or cited from public data points, never issuer data. Not a prediction of your result. Ranges only.
