The PenFed Premium Travel Rewards American Express Card has been discontinued, but will be replaced by the PenFed Pathfinder Rewards American Express Card. Since it is so new, there is not yet a link on their website, but check back again for a review on this newest card!
You can earn 20,000 bonus points when you spend $2,500 within the first 3 months of opening the card with your PenFed Premium Travel Rewards American Express® Card. With this card, you’ll earn 5 points on airfare purchases and 1 point on all other purchases. When you earn enough points, you can redeem your points for a range of rich rewards, including travel, brand-named merchandise, and gift cards right from PenFed Online Banking. There is no annual fee so see if this card is right for you!
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PenFed Premium Travel Rewards American Express Card Summary:
- Apply Now
- Maximum Bonus: 20,000 bonus points
- Spending Requirement: Make at least $2,500 in purchases in first 3 months
- Annual Fee: None
- Bonus Worth: 20,000 bonus points is worth about $200
- Expiration Date: None
- Additional Advice: You must be a PenFed member to apply and can do so by joining the Pentagon Federal Credit Union, or donating $20 to the NMFA.
PenFed Premium Travel Rewards American Express Card Features:
- Earn 20,000 bonus points after spending $2,500 in the first 3 months
- Earn 5 points on airfare purchases
- Earn 1 point on all other purchases
- No annual fee
- No foreign transaction fees
- One of CardHub’s “Best Travel Cards for 2015”.
- Chip Enabled for Added Security
PenFed Premium Travel Rewards Pros:
- 20,000 bonus points
- No annual fee
- Earn 5 points on airfare purchases
PenFed Premium Travel Rewards Cons:
- If you aren’t able to maximize the 5X category often, you’re left with just a 1x everywhere category
Conclusion:
When you sign up for the PenFed Premium Travel Rewards American Express® Card, you can earn 20,000 bonus points when you spend $2,500 within the first 3 months. You’ll receive many benefits such as Automatic enrollment into the PenFed Premium Rewards program, Complimentary 24-hour concierge service, Exceptional travel offers and discounts through the American Express Travel Privileges program, and Comprehensive world-class travel insurance. If you fly often, then you will really benefit from the points you can accumulate and I really recommend this card if so. Don’t forget to check out our complete list of Credit Card Promotions today!
