 |
Penfed Visa Platinum Cash Rewards new benefit?
01-03-2008, 07:40 PM
|
#1
|
|
Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 1,318
|
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...)
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
01-03-2008, 07:47 PM
|
#2
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 48,419
|
 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.
|
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
|
|
|
|
|
01-03-2008, 08:38 PM
|
#3
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,551
|
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.
|
Yeah, anyone with a motor home would need this card. 
|
|
|
|
|
01-03-2008, 08:42 PM
|
#4
|
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,806
|
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.
|
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...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
|
|
01-03-2008, 08:47 PM
|
#5
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 48,419
|
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
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
