Discovering the best rewards bank card can really feel like a troublesome job. This PenFed Pathfinder® Rewards Visa Signature® Card overview will show you how to perceive how the cardboard works to find out if it’s best for you.
PenFed Pathfinder® Rewards Visa Signature® Card Highlights
- $95 annual price 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
- Affords many journey advantages
- You can’t redeem rewards for money
PenFed Pathfinder® Rewards Visa Signature® Card: Primary Advantages & Perks
Anybody can change into a PenFed Credit score Union member, and the PenFed Pathfinder® Rewards Visa Signature® Card has many advantages you might get pleasure from, together with the next.
0% Intro APR
All new cardholders can reap the benefits of a 0% steadiness switch APR for 12 months. Whereas there’s a 3% steadiness switch price of the quantity transferred, if you happen to 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.
If you happen to’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 if you happen to spend $3,000 within the first 90 days you may have the cardboard.
No Annual price for PenFed Honors Benefit Members
If you happen to’re a PenFed Honors Benefit member there isn’t a annual price. You might be an Honors Benefit member if you happen to’re within the navy or have a PenFed checking account. If not, the annual price 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 International Entry or $85 TSA Precheck® assertion credit score, and a free Precedence Cross 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 associate retailers, eating places, and leisure venues.
Complimentary Concierge Companies
All PenFed Pathfinder® Rewards Visa Signature® Card clients can entry complimentary concierge companies. The service is obtainable 24/7 and might help with journey, eating, and leisure questions and reservations.
PenFed Pathfinder® Rewards Visa Signature® Card: Primary 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 supply a promotional APR on purchases. You’ll want to have a look at your alternate options if you happen to had been hoping to get it to make a big buy with out curiosity.
Has an Annual Payment
You’ll pay a $95 annual price until you’re an Honors Benefit member. Figuring out how a lot you’d earn in rewards is vital to make sure the $95 price is price it.
No Money Rewards Choice
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 possibility. You might solely redeem your rewards for reward 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 change into an Honors Benefit member, which implies you received’t pay an annual price and earn increased rewards on journey.
Finest Alternate options to PenFed Pathfinder® Rewards Visa Signature® Card
If the PenFed Pathfinder® Rewards Visa Signature® Card overview makes this PenFed card not appear superb for you, listed here are some alternate options.
Chase Sapphire Most well-liked® Card
Just like the PenFed Pathfinder card, the Chase Sapphire Most well-liked® card costs a $95 annual price. Nonetheless, it pays 5x factors on journey booked by Chase, 2x on different journey purchases, 3x on eating, grocery, and streaming companies, and 1x factors on all the things else.
The Chase Sapphire Most well-liked® card additionally provides an awesome welcome bonus of 60,000 factors. You should spend $4,000 in three months to get it.
Citi Premier® Card
The Citi Premier® card costs a $95 annual price however pays a flat 3x factors on journey, eating, grocery, and fuel purchases. You possibly can earn 1x factors on all the things else. The Citi Premier® card pays 60,000 bonus factors. To earn it, you should spend $4,000 within the first three months, which is the same as a $600 reward card at thankyou.com.
Financial institution of America® Journey Rewards Card
The Financial institution of America® Journey Rewards card doesn’t have an annual price, 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 should utilize it on purchases, steadiness transfers, and a 25,000-point bonus if you happen to spend $1,000 within the first 90 days.
Incessantly Requested Questions
PenFed Pathfinder® Rewards Visa Signature® Card has many advantages. Listed here are some widespread questions we hear about it.
Is the PenFed Pathfinder® Rewards Visa Signature® Card a Good First-Time Credit score Card?
If you happen to journey typically and have nice credit score, the PenFed Pathfinder® Rewards Visa Signature® Card generally is a good first-time bank card. Nonetheless, if you happen to’re nonetheless constructing credit score or don’t journey typically, you might 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 may earn rewards with the PenFed Pathfinder® Rewards Visa Signature® Card, particularly if you happen to wish to journey.
The cardboard pays the best reward (3x factors for journey) plus 1.5x factors on all different purchases. You possibly can earn 4x factors on journey purchases if you happen to’re an Honors Benefit member.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have an Intro Apr Provide on Stability Transfers?
Sure, the PenFed Pathfinder® Rewards Visa Signature® Card has a 0% APR. Nonetheless, it’s only on steadiness transfers for 12 months. However they cost a 3% steadiness switch price, so be certain it is sensible to switch the steadiness.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Card Do a Exhausting Pull?
Sure, PenFed does a exhausting credit score pull to see if you happen to qualify for the bank card. The inquiry will drop your credit score rating a number 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, you should 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 in case you are pre-qualified for the PenFed card. There isn’t a threat to your credit score rating.
If you happen to’re authorized and wish to settle for the cardboard, you should change into a PenFed member, which signifies that you should 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 Wherever?
You should utilize the PenFed Pathfinder® Rewards Visa Signature® Card anyplace Visa is accepted, which implies hundreds of shops 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 depend in direction of rewards, together with the sign-up bonus buy requirement.
Is the PenFed Pathfinder® Rewards Visa Signature® Card Finest for You?
If you happen to like to journey and are a PenFed member, the PenFed Pathfinder® Rewards Visa Signature® Card is sensible. It’s an awesome card with no annual price in case you are an Honors Benefit Member.
Nonetheless, if you happen to don’t wish 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 contemplate.
