Discovering the correct rewards bank card can really feel like a tricky process. 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 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
- Provides many journey advantages
- You can not redeem rewards for money
PenFed Pathfinder® Rewards Visa Signature® Card: Major Advantages & Perks
Anybody can develop into a PenFed Credit score Union member, and the PenFed Pathfinder® Rewards Visa Signature® Card has many advantages you could possibly take pleasure in, 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, in case 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.
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 in case you spend $3,000 within the first 90 days you will have the cardboard.
No Annual charge for PenFed Honors Benefit Members
If you happen to’re a PenFed Honors Benefit member there isn’t any annual charge. You may be an Honors Benefit member in case 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 prospects 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 supplies entry to unique reductions on monetary merchandise and loans at PenFed. It additionally supplies entry to unique offers and promo codes to companion retailers, eating places, and leisure venues.
Complimentary Concierge Providers
All PenFed Pathfinder® Rewards Visa Signature® Card prospects can entry complimentary concierge providers. The service is out there 24/7 and can assist with journey, eating, and leisure questions and reservations.
PenFed Pathfinder® Rewards Visa Signature® Card: Major 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 options in case you have been hoping to get it to make a big buy with out curiosity.
Has an Annual Payment
You’ll pay a $95 annual charge until you might be 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 enable the choice to redeem your factors for money, however the PenFed Pathfinder® Rewards Visa Signature® Card doesn’t provide that choice. It’s possible 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 Finest For?
The PenFed Pathfinder® Rewards Visa Signature® Card works finest for current PenFed members with a PenFed checking account. You routinely develop into an Honors Benefit member, which implies you received’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 overview makes this PenFed card not appear excellent for you, listed below are some options.
Chase Sapphire Most well-liked® Card
Just like the PenFed Pathfinder card, the Chase Sapphire Most well-liked® card fees a $95 annual charge. Nonetheless, it pays 5x factors on journey booked by way 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 well-liked® card additionally gives an ideal welcome bonus of 60,000 factors. You need to spend $4,000 in three months to get it.
Citi Premier® Card
The Citi Premier® card fees a $95 annual charge however pays a flat 3x factors on journey, eating, grocery, and gasoline purchases. You may earn 1x factors on every little thing else. The Citi Premier® card pays 60,000 bonus factors. To earn it, you could 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 should use it on purchases, steadiness transfers, and a 25,000-point bonus in case you spend $1,000 within the first 90 days.
Continuously Requested Questions
PenFed Pathfinder® Rewards Visa Signature® Card has many advantages. Listed below 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 usually and have nice credit score, the PenFed Pathfinder® Rewards Visa Signature® Card is usually a good first-time bank card. Nonetheless, in case you’re nonetheless constructing credit score or don’t journey usually, chances are you’ll 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 case you prefer to journey.
The cardboard pays the best reward (3x factors for journey) plus 1.5x factors on all different purchases. You may earn 4x factors on journey purchases in case you’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 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 Exhausting Pull?
Sure, PenFed does a exhausting credit score pull to see in case you qualify for the bank card. The inquiry will drop your credit score rating just a few 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 could 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 is no such thing as a danger to your credit score rating.
If you happen to’re authorized and need to settle for the cardboard, you could develop into a PenFed member, which signifies that you could open a PenFed financial savings account with a minimum of a $5 opening deposit.
Can I Use the PenFed Pathfinder® Rewards Visa Signature® Card Wherever?
You should use the PenFed Pathfinder® Rewards Visa Signature® Card anyplace Visa is accepted, which implies 1000’s of shops 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 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 smart. It’s an ideal card with no annual charge in case you are an Honors Benefit Member.
Nonetheless, in case you don’t need 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 think about.
