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Penfed Visa Platinum Cash Rewards new benefit?
01-03-2008, 07:40 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 1,318
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Penfed Visa Platinum Cash Rewards new benefit?
Just got an email from Penfed with the 4.99% HELOC everybody was talking about but noticed something else sweet and wonder if it is new -- the Visa Platinum Rewards is now offering 5% cash back on gas purchases and 2% on supermarket food, in addition to the 1.25% on everything else. We've been using this card for a few years now and love it -- now it looks like I've got more reason to love it.
(BP had a traditional card offering something that sounded even better until you realize it only applied to BP stations, and ratcheted back after the first 3 months...)
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01-03-2008, 07:47 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: No Country for Old Men
Posts: 47,483
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 Quote:
Originally Posted by ESRBob
...the Visa Platinum Rewards is now offering 5% cash back on gas purchases and 2% on supermarket food, in addition to the 1.25% on everything else. We've been using this card for a few years now and love it -- now it looks like I've got more reason to love it.
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The 2% on supermarket purchases is something I've not seen before, but the unlimited 5% on gas (pay-at-the-pump only) and 1.25% on everything else has been around for a while.
__________________
Numbers is hard
Retired in 2005 at age 58, no pension
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01-03-2008, 08:38 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,499
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Quote:
Originally Posted by REWahoo
The 2% on supermarket purchases is something I've not seen before, but the unlimited 5% on gas (pay-at-the-pump only) and 1.25% on everything else has been around for a while.
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Yeah, anyone with a motor home would need this card. 
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01-03-2008, 08:42 PM
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#4
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,767
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Quote:
Originally Posted by ESRBob
Just got an email from Penfed with the 4.99% HELOC everybody was talking about but noticed something else sweet and wonder if it is new -- the Visa Platinum Rewards is now offering 5% cash back on gas purchases and 2% on supermarket food, in addition to the 1.25% on everything else. We've been using this card for a few years now and love it -- now it looks like I've got more reason to love it.
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That's a great deal when it lands on a card that you're already using. We watched Discover whittle away at their cashback program until it was almost too hard to deal with.
We only spent $1260 on gas last year-- not much of an incentive. Now if they'd rebate us 5% of our Home Depot & Lowe's purchases...
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01-03-2008, 08:47 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: No Country for Old Men
Posts: 47,483
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You'd think so...until you discovered truck stops (about the only places you can get in and out of easily) don't offer pay-at-the-pump at their diesel islands... 
__________________
Numbers is hard
Retired in 2005 at age 58, no pension
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