PenFed Platinum Rewards Visa Signature® Card
The PenFed Platinum Rewards Visa Signature® Card from PenFed Credit Union earns up to 5% effective value on gas in Madeen's catalog snapshot. It has no annual fee. New applicants may see: 15k bonus points when you spend $1,500 in the first 90 days.. Madeen compares this card against the cards you already carry — no bank login required.
- Top category
- Gas
- Effective value
- 5%
- Annual fee
- $0
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Madeen compares public issuer terms with its card-rule catalog. Issuer pages control rewards, fees, benefits, exclusions, and eligibility; Madeen does not issue cards, make approval decisions, or provide financial advice.
What does the PenFed Platinum Rewards Visa Signature Card earn in each category?
Gas is the strongest category at 5% effective value (5x points at about 1 cents each). That gas rate ranks higher than about 99% of the 1,551 cards we track in that category. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Gas is the strongest category at 5% effective value (5x points at about 1 cents each). That gas rate ranks higher than about 99% of the 1,551 cards we track in that category.
| Category | Earn rate | Effective value |
|---|---|---|
| Dining Restaurants, cafes, takeout | 3x points | 3% |
| Grocery Supermarkets and grocery stores | 3x points | 3% |
| Gas Gas stations and fuel | 5x points | 5% Top category |
| Travel Flights, hotels, transit | 1x points | 1% |
| Other General everyday spend | 3x points | 3% |
Madeen values PenFed Points at about 1 cents each. Madeen compares every card using this cash-equivalent estimate while still showing the raw earn rate for context.
Who should get the PenFed Platinum Rewards Visa Signature Card?
The PenFed Platinum Rewards Visa Signature Card fits spenders who put meaningful volume in gas and can earn 5x points. Best for spenders who put meaningful volume in gas and can earn 5x points. The welcome bonus can help if you can meet the spend requirement.
PenFed Platinum Rewards Visa Signature Card fits spenders who put meaningful volume in gas and can earn 5x points. Madeen ranks its gas effective rate higher than about 99% of the catalog in that category. Compare it against cards you already carry with Madeen — no bank login required.
Best for spenders who put meaningful volume in gas and can earn 5x points. The welcome bonus can help if you can meet the spend requirement.
Compare it against simpler no-fee cards if you want minimum complexity.
Best for gas-heavy spend when you want to avoid an annual fee; confirm issuer terms before applying. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Pros
- Strongest Madeen category is gas at about 5% effective (5x points).
- That gas rate ranks higher than about 99% of cards we track in the category.
- No annual fee in our catalog snapshot.
- No foreign transaction fee listed.
Cons
- PenFed Points value depends on how you redeem, not straight cash back.
Does the PenFed Platinum Rewards Visa Signature Card have an annual fee, and what's the welcome bonus?
The PenFed Platinum Rewards Visa Signature Card has an annual fee of $0 and a foreign transaction fee of None. New applicants may see: 15k bonus points when you spend $1,500 in the first 90 days.. Confirm current issuer terms before applying.
- Annual fee
- $0
- Foreign transaction fee
- None
- Signup bonus
- 15k bonus points when you spend $1,500 in the first 90 days.
What benefits come with the PenFed Platinum Rewards Visa Signature Card?
The PenFed Platinum Rewards Visa Signature Card includes Booking.com, Cell Phone Protection, Dovly Uplift™ in our snapshot. Perks and benefits can change; verify coverage on the issuer site before you rely on them. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
- Booking.comIncluded with Visa Signature®
Purchase qualifying stays with your eligible Visa Credit or Debit card and get up to 8% in Travel Credits to use on future flights, stays, car rentals, attractions, car rentals, taxis and more.
- Cell Phone Protection
Cell Phone Protection
- Dovly Uplift™Included with Visa Signature®
Get free access to Dovly Uplift. Dovly helps you raise your credit score and get more for your money. While Dovly's platform is designed to remove inaccuracies from your credit report, every case is different, and not everyone will achieve the same results.
- Extended Warranty
Up to 1 additional year on original manufacturer's warranty of 3 years or less.
- Global Entry Statement CreditIncluded with Visa Signature®
Apply for Global Entry, a U.S. Customs and Border Protection program and use your Visa Signature card to pay the application fee (currently $120) to receive a $120 statement credit.
- Golf Benefits from Troon Rewards®Included with Visa Signature®
Enjoy automatic Silver Status when you sign up for Troon Rewards®, for 10% savings on golf fees, merchandise and lessons at over 150 golf courses across the United States and the world.
- OpenTableIncluded with Visa Signature®
Eligible Visa cardholders can enjoy special events access to the hottest dining events on OpenTable. Restrictions apply.
- Priority Pass airport lounge accessIncluded with Visa Signature®
Enjoy access to over 1,700 airport lounges and experiences around the globe.
Common questions about the PenFed Platinum Rewards Visa Signature Card
Does the PenFed Platinum Rewards Visa Signature Card have an annual fee?
The PenFed Platinum Rewards Visa Signature Card carries an annual fee of $0 in Madeen's catalog snapshot. Issuer terms can change, so confirm the current fee on the issuer's site before you apply. Madeen does not predict approval or prequalification.
What category earns the most with the PenFed Platinum Rewards Visa Signature Card?
Gas is the strongest Madeen category for the PenFed Platinum Rewards Visa Signature Card at about 5% effective value, based on our catalog snapshot and standard point valuations. Other categories are listed in the effective-rate table on this page. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
Does the PenFed Platinum Rewards Visa Signature Card charge foreign transaction fees?
The PenFed Platinum Rewards Visa Signature Card does not charge a foreign transaction fee in Madeen's catalog snapshot, which can make it stronger for purchases outside the U.S. Issuer terms still control international acceptance and other fees. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What is the PenFed Platinum Rewards Visa Signature Card welcome bonus?
The PenFed Platinum Rewards Visa Signature Card welcome offer in our snapshot: 15k bonus points when you spend $1,500 in the first 90 days.. Minimum spend, eligibility, and offer windows are set by the issuer and can change. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
What credit score do you need for the PenFed Platinum Rewards Visa Signature Card?
Madeen's catalog lists a typical credit range of Good to Excellent for the PenFed Platinum Rewards Visa Signature Card. Issuers decide approval using their own criteria; Madeen does not predict approval odds or prequalification. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
How do you redeem rewards on the PenFed Platinum Rewards Visa Signature Card?
Rewards on the PenFed Platinum Rewards Visa Signature Card post as PenFed Points. Redemption value depends on how you use PenFed Points (statement credit, travel, transfers, or issuer portals). Madeen shows effective cash-equivalent rates using standard valuations. Madeen summarizes catalog reward rules for comparison only; issuer pages control current fees, caps, exclusions, and eligibility.
How does the PenFed Platinum Rewards Visa Signature Card compare to similar cards?
Compare the PenFed Platinum Rewards Visa Signature Card against PenFed Pathfinder Rewards American Express (1.5% on Dining, $0 fee); PenFed Pathfinder Rewards Visa Signature Card (1.5% on Dining, $95 fee); PenFed Power Cash Rewards Visa Signature Card (1.5% on Dining, $0 fee). Madeen ranks effective value by category and annual fee using the same catalog snapshot dated 2026-05-01.
| Card | Top category | Effective value | Annual fee |
|---|---|---|---|
PenFed Platinum Rewards Visa Signature Card This card | Gas | 5% | $0 |
PenFed Credit Union | Dining | 1.5% | $0 |
PenFed Credit Union | Dining | 1.5% | $95 |
PenFed Credit Union | Dining | 1.5% | $0 |
PenFed Credit Union | Dining | 0% | $0 |
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