Discovering the appropriate rewards bank card can really feel like a troublesome activity. This PenFed Pathfinder® Rewards Visa Signature® Card overview will enable you 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 except 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
- Affords many journey advantages
- You can not redeem rewards for money
PenFed Pathfinder® Rewards Visa Signature® Card: Predominant Advantages & Perks
Anybody can turn out to be a PenFed Credit score Union member, and the PenFed Pathfinder® Rewards Visa Signature® Card has many advantages you would get pleasure from, together with the next.
0% Intro APR
All new cardholders can make the most of a 0% steadiness switch APR for 12 months. Whereas there’s a 3% steadiness switch charge of the quantity transferred, in the event you pay the steadiness off inside 12 months, you received’t pay curiosity.
Pays Money Again
Cardholders can earn cashback on purchases made with the PenFed Pathfinder® Rewards Visa Signature® Card.
When you’re a PenFed Honors Benefit member, you may 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 in the event you spend $3,000 within the first 90 days you might have the cardboard.
No Annual charge for PenFed Honors Benefit Members
When you’re a PenFed Honors Benefit member there isn’t a annual charge. You may be an Honors Benefit member in the event you’re within the army or have a PenFed checking account. If not, the annual charge is $95 per 12 months.
Journey Advantages
All PenFed Pathfinder® Rewards Visa Signature® Card clients can entry a $100 annual home flight assertion credit score, $100 World Entry or $85 TSA Precheck® assertion credit score, and a free Precedence Move Airport Lounge Annual Membership.
Reductions
Your PenFed membership offers entry to unique reductions on monetary merchandise and loans at PenFed. It additionally offers entry to unique offers and promo codes to companion retailers, eating places, and leisure venues.
Complimentary Concierge Companies
All PenFed Pathfinder® Rewards Visa Signature® Card clients can entry complimentary concierge providers. The service is offered 24/7 and can assist with journey, eating, and leisure questions and reservations.
PenFed Pathfinder® Rewards Visa Signature® Card: Predominant Drawbacks
Like all bank cards, the PenFed Pathfinder® Rewards Visa Signature® Card has some drawbacks.
Promotional APR is on Steadiness Transfers Solely
The PenFed Pathfinder® Rewards Visa Signature® Card doesn’t supply a promotional APR on purchases. You’ll want to take a look at your options in the event you have been hoping to get it to make a big buy with out curiosity.
Has an Annual Charge
You’ll pay a $95 annual charge except you’re an Honors Benefit member. Figuring out how a lot you’d earn in rewards is vital to make sure the $95 charge is value it.
No Money Rewards Possibility
Many rewards bank cards permit the choice to redeem your factors for money, however the PenFed Pathfinder® Rewards Visa Signature® Card doesn’t supply that choice. Chances are you’ll 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 Greatest For?
The PenFed Pathfinder® Rewards Visa Signature® Card works greatest for present PenFed members with a PenFed checking account. You mechanically turn out to be an Honors Benefit member, which implies you received’t pay an annual charge and earn greater rewards on journey.
Greatest Alternate options to PenFed Pathfinder® Rewards Visa Signature® Card
If the PenFed Pathfinder® Rewards Visa Signature® Card overview makes this PenFed card not appear preferrred for you, listed here are some options.
Chase Sapphire Most popular® Card
Just like the PenFed Pathfinder card, the Chase Sapphire Most popular® card expenses 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 little thing else.
The Chase Sapphire Most popular® card additionally provides an incredible welcome bonus of 60,000 factors. It’s essential to spend $4,000 in three months to get it.
Citi Premier® Card
The Citi Premier® card expenses 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 little thing 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 provides a 0% APR for 15 months.
You need to use it on purchases, steadiness transfers, and a 25,000-point bonus in the event you spend $1,000 within the first 90 days.
Steadily 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?
When you journey usually and have nice credit score, the PenFed Pathfinder® Rewards Visa Signature® Card is usually a good first-time bank card. Nevertheless, in the event you’re nonetheless constructing credit score or don’t journey usually, you could be higher off with different 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 may earn rewards with the PenFed Pathfinder® Rewards Visa Signature® Card, particularly in the event you prefer to journey.
The cardboard pays the 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 in the event you’re an Honors Benefit member.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have an Intro Apr Supply on Steadiness 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 ensure it is smart to switch the steadiness.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Card Do a Onerous Pull?
Sure, PenFed does a exhausting credit score pull to see in the event you qualify for the bank card. The inquiry will drop your credit score rating a number of factors, however you will 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 may see if you’re pre-qualified for the PenFed card. There isn’t any danger to your credit score rating.
When you’re authorized and wish to settle for the cardboard, it’s essential to turn out to be a PenFed member, which signifies that it’s essential to open a PenFed financial savings account with not less than 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 implies hundreds of outlets and eating places.
Can I Withdraw Money From the PenFed Pathfinder® Rewards Visa Signature® Card?
You will 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 Greatest for You?
When you like to journey and are a PenFed member, the PenFed Pathfinder® Rewards Visa Signature® Card is smart. It’s an incredible card with no annual charge if you’re an Honors Benefit Member.
Nevertheless, in the event you don’t wish to hassle with becoming a member of a credit score union or don’t journey usually, there are numerous different reward bank card choices to contemplate.