PenFed 5% CashBack Gas Rewards: A Card That Pays Big

Are you shopping for a cash back Visa card that really delivers?

The Pentagon Federal Credit Union steps up to offer consumers outstanding advantages with the PenFed 5% CashBack Gas Rewards card. This is a unique Visa Platinum credit card with features and benefits that truly stand out.

One of the biggest perks of this card is that it pays you a whopping 5% cash back on all auto fuel purchases paid for at the pump. It also gives you 1.25% cash back on all airplane and boat fuel purchases. That’s just the beginning.

You’ll also enjoy a generous 2% cash back on all supermarket purchases and 1.25% cash back on all other purchases. You get cash back for every purchase you make. There are no restrictions on purchases, making this credit card stand out remarkably from the competition.

What’s more, the PenFed 5% CashBack Gas Rewards card credits your cash back to your account every month. There’s no need to wait or to make a formal request to get your cash back. You’ll see the cash rewards stack up automatically at the close of every billing cycle.

The APR of 13.99% is lower than that of almost all cash back rewards cards. It’s also a fixed APR, meaning you won’t have to deal with interest rate increases on your card down the road. With the PenFed Visa, you get a 28 day grace period before interest accrues. Pay your balances in full every month, and this Visa is interest-free.

When you apply for the PenFed Visa card, you’ll be eligible for a comfortable spending limit of up to $50,000, and it comes with no annual fee.

The PenFed 5% CashBack Gas Rewards card is currently offering balance transfer options at a low 4.99% APR to cover all transferred balances for two full years. You can transfer all your high interest credit card balances to your new PenFed card and get 24 months to pay them off. All the while, you’ll enjoy a low annual APR of only 4.99%.

The balance transfer fee of 2.5% is lower than the fees of 3% typically charged by most credit card companies. The minimum balance transfer fee is $10.00 and the maximum is $100.00, regardless of the amount of the transferred balance.

With your PenFed 5% CashBack Gas Rewards card, you’ll have safe Internet and phone access to your account seven days a week, 24 hours a day. You’ll also find convenient branch locations in Washington, D.C., New York, Texas, Colorado, Missouri, New Jersey, Hawaii, North Carolina, and overseas as well.

Recognized worldwide as a safe and strong financial institution, Pentagon Federal Credit Union has over $13.9 billion in assets. In addition to credit cards, PenFed offers mortgages, auto and personal loans, checking, savings, and money market accounts.

The PenFed Credit Union serves active, former, discharged, and retired members of the US Army, Air Force, Navy, Marines, Coast Guard, and Reserves, including ROTC members, cadets, and their families, guardians, and housemates. The credit union also serves US government employees, volunteers and employees of the American Red Cross, and employees of defense-related companies and businesses.

If you’re not in any of these categories, you can still qualify for the PenFed 5% CashBack card by opening a PenFed Regular Share Account with a minimum of $5.00.