PenFed Platinum Cash Rewards Card is changing

[Amethyst]

OMG, somehow I missed that story. Sheesh, everywhere you turn, eh?

A.

Quote:

Originally Posted by REWahoo Yep, that's exactly what I do. However, Nords is probably referring to the recurring problem I've had with theft of my PenFed CC account by even bigger crooks than the 'legal' ones at Visa and MasterCard...

[Spanky]

It's disappointing. We will switch since getting higher points (though not as convenient) is better than the 0.25% cash back.

[Beryl]

Smugly go to Costco for produce and walk out with $500+ after cashing the Amex cash-back 'check'. Paid balances in full monthly and it's all good.

I just got this offer:
Cash Back Credit Card for Excellent Credit
Citi® Dividend Platinum Select® Visa - $200 Cash Back
$200 cash back after $500 in purchases within the first 3 months of account opening
1-5% cashback on purchases
No Annual Fee

After paying a couple of bills and receiving the $200 cash back teaser, I'll probably return to my old Amex because it looks like a little too much work to get the 5% cashback.

[Sue J]

The details for the reward program were posted -
https://www.penfedplatinumrewards.com/ip-pf/

I'm really only interested in the VISA prepaid cards which are redeemable at $50/100/250/500. I see you can also get Amazon cards which I may also use.

Or do I want the Rolex.......
https://www.penfedplatinumrewards.co...oCode=M1083328

[gauss]

Regarding the $50/100/250/500 VISA prepaid cards:

Has anyone deteremined if there are restrictions on the ability to perform over the counter cash advances at Visa Member Banks when using these paritcular cards?