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.
Otherwise, you can generally expect a value of about.85 cents per point, which is less than what many other rewards cards offer.
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 be happy gifts due date.
Gas purchases earn five points per dollar the equivalent of a 5 percent rebate when you pay at the pump.Penalty APR and When It Applies if your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable penalty APR.The penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.In fact, the promotional materials for this account advise cardholders to use their cards as much as possible to earn extra rewards.Best card for gas and grocery rewards.The typical American household spends about 7,800 on groceries annually, according to government statistics.Although cards from Chase, American Express (American Express is a CardRatings advertiser) and Discover offer occasional 5 percent rebates.S gas purchases, their offers usually expire after a few months or come with spending caps.Typically, travel redemptions yield the highest point value.Redemption options are limited, though.Blue Cash Preferred Card from American Express card, which offers a whopping 6 percent back.S.
A balance transfer fee applies to each transfer.
Youll also have to join PenFeds credit union to apply.Interest Rates and Interest Charges, annual Percentage Rate (APR) for Purchases and Cash Advances to when you open your account, based on your creditworthiness.* Your APR will vary with the market based on the Prime Rate.Accounts approved and issued from will receive a 100 statement credit upon spending 1500 in purchase transactions within 3 months of account opening.This transaction is subject to credit approval.PenFed designs its credit cards around the needs of military families, explaining some of the extraordinary rebates you can rack up with this account.PenFed Platinum Rewards Visa Signature Card was named a 2019 CardRating's Editor's Choice Award winner for Best Gas Rewards card.
Cash back is not available.