PenFed Platinum Rewards Visa Signature® Card
- Annual Fee
- $0
- points · Welcome Bonus
- 15,000
- Top Rate
- 5X
Terms checked against the issuer on August 20, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Visa Signature
- Rewards Currency
- PenFed Points
- Credit Required
- Excellent
Welcome Offer
15,000
points
$1,500
Spend Required
3 months
Time Period
Earning Rates
- 5X
Gas Stations
5X on gas paid at the pump and at EV charging stations (airplane/boat fuel earns 1X)
- 5X
Electric Vehicle Charging
5X on gas paid at the pump and at EV charging stations (airplane/boat fuel earns 1X) (EV charging row: same tier as gas, per the issuer's wording)
- 3X
Dining
- 3X
Grocery Stores
- 3X
Streaming
3X on TV, radio, cable, and streaming services
- 1X
All Other
1X points unlimited on all other purchases
Benefits & Perks
Insurance & Protections
2 protectionsCell Phone Protection ($500/claim)
$500
Covers damage, theft, or loss of your phone when you pay your wireless bill with your card -- up to $500/claim, $1,000/year, $50 deductible.
Travel Accident Insurance ($250,000)
$250,000 AD&D coverage on a covered trip when you charge the entire fare to your card. Dependents covered at 50% of your benefit amount.
Dining Out
3x at restaurants
PenFed Points
≈$3 in value on a $100 dinner, at our valuation of 1¢ per point
No annual fee
Explore 5,512 New York restaurants with this cardStack a dining program
Rakuten Dining
5% back at 20,618 participating restaurants, on top of this card's 3x, once you join and link this card.
+$5
cash back, or ≈$5.50 as points
More on a $100 dinner
Reviews & Analysis
The Math: Is $0 Worth It?
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$0
Net Annual Value
+$0
Details & Terms
Payment Terms
| Foreign Transaction Fee | $0 |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| RewardsCC API | — | RewardsCC API |
| Issuer Page | Issuer Page: Earn rates | |
| Issuer Page | Issuer Page: Welcome offer |
