Discovering the correct rewards bank card can really feel like a tricky activity. This PenFed Pathfinder® Rewards Visa Signature® Card evaluate will make it easier to perceive how the cardboard works to find out if it’s best for you.
PenFed Pathfinder® Rewards Visa Signature® Card Highlights
- $95 annual charge until you’re an Honors Benefit Member
- 0% APR solely on steadiness transfers for 12 months
- Pays 3x to 4x per greenback on journey purchases
- Pays 1.5x per greenback on all different purchases
- Presents many journey advantages
- You can’t redeem rewards for money
PenFed Pathfinder® Rewards Visa Signature® Card: Foremost Advantages & Perks
Anybody can turn into a PenFed Credit score Union member, and the PenFed Pathfinder® Rewards Visa Signature® Card has many advantages you possibly can get pleasure from, together with the next.
0% Intro APR
All new cardholders can benefit from a 0% steadiness switch APR for 12 months. Whereas there’s a 3% steadiness switch charge of the quantity transferred, for those who pay the steadiness off inside 12 months, you gained’t pay curiosity.
Pays Money Again
Cardholders can earn cashback on purchases made with the PenFed Pathfinder® Rewards Visa Signature® Card.
For those who’re a PenFed Honors Benefit member, you possibly can earn 4x factors on journey purchases, and all different cardholders earn 3x factors. All cardholders additionally earn 1.5 factors on all different purchases.
50,000 Level Bonus
The PenFed Pathfinder® Rewards Visa Signature® Card pays a 50,000 level bonus to new cardholders for those who spend $3,000 within the first 90 days you’ve gotten the cardboard.
No Annual charge for PenFed Honors Benefit Members
For those who’re a PenFed Honors Benefit member there isn’t any annual charge. You may be an Honors Benefit member for those who’re within the army or have a PenFed checking account. If not, the annual charge is $95 per yr.
Journey Advantages
All PenFed Pathfinder® Rewards Visa Signature® Card clients can entry a $100 annual home flight assertion credit score, $100 International Entry or $85 TSA Precheck® assertion credit score, and a free Precedence Move Airport Lounge Annual Membership.
Reductions
Your PenFed membership supplies entry to unique reductions on monetary merchandise and loans at PenFed. It additionally supplies entry to unique offers and promo codes to accomplice retailers, eating places, and leisure venues.
Complimentary Concierge Providers
All PenFed Pathfinder® Rewards Visa Signature® Card clients can entry complimentary concierge providers. The service is accessible 24/7 and may also help with journey, eating, and leisure questions and reservations.
PenFed Pathfinder® Rewards Visa Signature® Card: Foremost Drawbacks
Like all bank cards, the PenFed Pathfinder® Rewards Visa Signature® Card has some drawbacks.
Promotional APR is on Stability Transfers Solely
The PenFed Pathfinder® Rewards Visa Signature® Card doesn’t provide a promotional APR on purchases. You’ll want to have a look at your alternate options for those who had been hoping to get it to make a big buy with out curiosity.
Has an Annual Price
You’ll pay a $95 annual charge until you’re an Honors Benefit member. Figuring out how a lot you’d earn in rewards is necessary to make sure the $95 charge is price it.
No Money Rewards Possibility
Many rewards bank cards enable the choice to redeem your factors for money, however the PenFed Pathfinder® Rewards Visa Signature® Card doesn’t provide that choice. You might solely redeem your rewards for present playing cards, journey, experiences, Apple Retailer pay, or charitable contributions.
Who’s the PenFed Pathfinder® Rewards Visa Signature® Card Finest For?
The PenFed Pathfinder® Rewards Visa Signature® Card works greatest for current PenFed members with a PenFed checking account. You robotically turn into an Honors Benefit member, which suggests you gained’t pay an annual charge and earn greater rewards on journey.
Finest Alternate options to PenFed Pathfinder® Rewards Visa Signature® Card
If the PenFed Pathfinder® Rewards Visa Signature® Card evaluate makes this PenFed card not appear preferrred for you, listed here are some alternate options.
Chase Sapphire Most popular® Card
Just like the PenFed Pathfinder card, the Chase Sapphire Most popular® card costs a $95 annual charge. Nevertheless, it pays 5x factors on journey booked by means of Chase, 2x on different journey purchases, 3x on eating, grocery, and streaming providers, and 1x factors on every part else.
The Chase Sapphire Most popular® card additionally gives an awesome welcome bonus of 60,000 factors. You have to spend $4,000 in three months to get it.
Citi Premier® Card
The Citi Premier® card costs a $95 annual charge however pays a flat 3x factors on journey, eating, grocery, and fuel purchases. You’ll be able to earn 1x factors on every part else. The Citi Premier® card pays 60,000 bonus factors. To earn it, it’s essential to spend $4,000 within the first three months, which is the same as a $600 present card at thankyou.com.
Financial institution of America® Journey Rewards Card
The Financial institution of America® Journey Rewards card doesn’t have an annual charge, and also you earn 1.5 factors on all purchases, with no restrict. Financial institution of America gives a 0% APR for 15 months.
You need to use it on purchases, steadiness transfers, and a 25,000-point bonus for those who spend $1,000 within the first 90 days.
Often Requested Questions
PenFed Pathfinder® Rewards Visa Signature® Card has many advantages. Listed here are some frequent questions we hear about it.
Is the PenFed Pathfinder® Rewards Visa Signature® Card a Good First-Time Credit score Card?
For those who journey typically and have nice credit score, the PenFed Pathfinder® Rewards Visa Signature® Card generally is a good first-time bank card. Nevertheless, for those who’re nonetheless constructing credit score or don’t journey typically, chances are you’ll be higher off with different alternate options, just like the Uncover it® bank card.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have a Money Again or Rewards Program?
Sure, you possibly can earn rewards with the PenFed Pathfinder® Rewards Visa Signature® Card, particularly for those who prefer to journey.
The cardboard pays the very best reward (3x factors for journey) plus 1.5x factors on all different purchases. You’ll be able to earn 4x factors on journey purchases for those who’re an Honors Benefit member.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have an Intro Apr Supply on Stability Transfers?
Sure, the PenFed Pathfinder® Rewards Visa Signature® Card has a 0% APR. Nevertheless, it is just on steadiness transfers for 12 months. However they cost a 3% steadiness switch charge, so make sure it is smart to switch the steadiness.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Card Do a Onerous Pull?
Sure, PenFed does a arduous credit score pull to see for those who qualify for the bank card. The inquiry will drop your credit score rating a couple of factors, however you may get it again up with correct bank card utilization.
How Do I Get the PenFed Pathfinder® Rewards Visa Signature® Card Card Signal-up Bonus?
To earn the PenFed Pathfinder® Rewards Visa Signature® Card sign-up bonus, it’s essential to spend $3,000 in your PenFed bank card inside 90 days of approval.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have Pre-Approval?
Sure, you possibly can see if you’re pre-qualified for the PenFed card. There isn’t a danger to your credit score rating.
For those who’re authorised and need to settle for the cardboard, it’s essential to turn into a PenFed member, which signifies that it’s essential to open a PenFed financial savings account with at the very least a $5 opening deposit.
Can I Use the PenFed Pathfinder® Rewards Visa Signature® Card Anyplace?
You need to use the PenFed Pathfinder® Rewards Visa Signature® Card wherever Visa is accepted, which suggests 1000’s of outlets and eating places.
Can I Withdraw Money From the PenFed Pathfinder® Rewards Visa Signature® Card?
You may get money advances with the PenFed Pathfinder® Rewards Visa Signature® Card; nonetheless, any money advances don’t rely in the direction of rewards, together with the sign-up bonus buy requirement.
Is the PenFed Pathfinder® Rewards Visa Signature® Card Finest for You?
For those who like to journey and are a PenFed member, the PenFed Pathfinder® Rewards Visa Signature® Card is smart. It’s an awesome card with no annual charge if you’re an Honors Benefit Member.
Nevertheless, for those who don’t need to trouble with becoming a member of a credit score union or don’t journey typically, there are lots of different reward bank card choices to think about.
