PenFed Platinum Visa earning rate

The PenFed Platinum Rewards Visa Card earns PenFed points at the following rates:

  • 5 points per $1 spent on gas paid at the pump and EV charging stations.
  • 3 points per $1 spent at supermarkets (including most Target and Walmart locations) and restaurants.
  • 3 points per $1 spent on TV, radio, cable, and streaming services.
  • 1 point per $1 spent on all other purchases.

PenFed Platinum Visa points value

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PenFed Platinum Visa benefits

Here are the main benefits of the PenFed Platinum Rewards Visa Card:

  • Luxury Hotel Collection: Enjoy access to luxury hotels around the world and take advantage of premium offers and discounts.
  • Travel & Purchase Coverage: Travel Accident Insurance and Cell Phone Protection.

PenFed Platinum Visa fees

Annual Fee

The PenFed Platinum Rewards Visa Card has no annual fee.

Authorized User Fee

There is no fee to add authorized users to the PenFed Platinum Rewards Visa Card.

Foreign Transaction Fee

The PenFed Platinum Rewards Visa Card has no foreign transaction fees. This means you can use the card outside of the United States without being penalized.