Discovering the proper rewards bank card can really feel like a troublesome job. This PenFed Pathfinder® Rewards Visa Signature® Card assessment 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 price 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’t redeem rewards for money
PenFed Pathfinder® Rewards Visa Signature® Card: Principal Advantages & Perks
Anybody can develop into a PenFed Credit score Union member, and the PenFed Pathfinder® Rewards Visa Signature® Card has many advantages you might get pleasure from, 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 price of the quantity transferred, for those who 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.
In the event you’re a PenFed Honors Benefit member, you possibly can 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 for those who spend $3,000 within the first 90 days you’ve got the cardboard.
No Annual price for PenFed Honors Benefit Members
In the event you’re a PenFed Honors Benefit member there isn’t any annual price. You might be an Honors Benefit member for those who’re within the navy or have a PenFed checking account. If not, the annual price is $95 per yr.
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 Go Airport Lounge Annual Membership.
Reductions
Your PenFed membership gives entry to unique reductions on monetary merchandise and loans at PenFed. It additionally gives entry to unique offers and promo codes to associate retailers, eating places, and leisure venues.
Complimentary Concierge Companies
All PenFed Pathfinder® Rewards Visa Signature® Card prospects can entry complimentary concierge providers. The service is offered 24/7 and might help with journey, eating, and leisure questions and reservations.
PenFed Pathfinder® Rewards Visa Signature® Card: Principal 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 supply a promotional APR on purchases. You’ll want to take a look at your alternate options for those who have been hoping to get it to make a big buy with out curiosity.
Has an Annual Payment
You’ll pay a $95 annual price until you’re an Honors Benefit member. Figuring out how a lot you’d earn in rewards is vital to make sure the $95 price is value it.
No Money Rewards Choice
Many rewards bank cards enable the choice to redeem your factors for money, however the PenFed Pathfinder® Rewards Visa Signature® Card doesn’t supply that choice. You could 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 suggests you received’t pay an annual price and earn greater rewards on journey.
Finest Alternate options to PenFed Pathfinder® Rewards Visa Signature® Card
If the PenFed Pathfinder® Rewards Visa Signature® Card assessment makes this PenFed card not appear splendid for you, listed here are some alternate options.
Chase Sapphire Most well-liked® Card
Just like the PenFed Pathfinder card, the Chase Sapphire Most well-liked® card costs a $95 annual price. Nonetheless, it pays 5x factors on journey booked by means of Chase, 2x on different journey purchases, 3x on eating, grocery, and streaming providers, and 1x factors on every part else.
The Chase Sapphire Most well-liked® card additionally affords an excellent welcome bonus of 60,000 factors. You should spend $4,000 in three months to get it.
Citi Premier® Card
The Citi Premier® card costs a $95 annual price however pays a flat 3x factors on journey, eating, grocery, and fuel purchases. You’ll be able to earn 1x factors on every part else. The Citi Premier® card pays 60,000 bonus factors. To earn it, it’s essential to 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 price, and also you earn 1.5 factors on all purchases, with no restrict. Financial institution of America affords a 0% APR for 15 months.
You should utilize it on purchases, steadiness transfers, and a 25,000-point bonus for those who spend $1,000 within the first 90 days.
Continuously Requested Questions
PenFed Pathfinder® Rewards Visa Signature® Card has many advantages. Listed here are some widespread questions we hear about it.
Is the PenFed Pathfinder® Rewards Visa Signature® Card a Good First-Time Credit score Card?
In the event you journey usually and have nice credit score, the PenFed Pathfinder® Rewards Visa Signature® Card is usually a good first-time bank card. Nonetheless, for those who’re nonetheless constructing credit score or don’t journey usually, you could be higher off with different alternate 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 possibly can earn rewards with the PenFed Pathfinder® Rewards Visa Signature® Card, particularly for those who wish to journey.
The cardboard pays the very best reward (3x factors for journey) plus 1.5x factors on all different purchases. You’ll be able to earn 4x factors on journey purchases for those who’re an Honors Benefit member.
Does the PenFed Pathfinder® Rewards Visa Signature® Card Have an Intro Apr Supply on Stability Transfers?
Sure, the PenFed Pathfinder® Rewards Visa Signature® Card has a 0% APR. Nonetheless, it’s only on steadiness transfers for 12 months. However they cost a 3% steadiness switch price, 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 onerous credit score pull to see for those who qualify for the bank card. The inquiry will drop your credit score rating a number of factors, however you will 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, it’s essential to 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 possibly can see in case you are pre-qualified for the PenFed card. There isn’t any danger to your credit score rating.
In the event you’re accredited and need to settle for the cardboard, it’s essential to develop into a PenFed member, which implies that it’s essential to open a PenFed financial savings account with at the least a $5 opening deposit.
Can I Use the PenFed Pathfinder® Rewards Visa Signature® Card Wherever?
You should utilize the PenFed Pathfinder® Rewards Visa Signature® Card wherever Visa is accepted, which suggests 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; nevertheless, 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?
In the event you like to journey and are a PenFed member, the PenFed Pathfinder® Rewards Visa Signature® Card is smart. It’s an excellent card with no annual price in case you are an Honors Benefit Member.
Nonetheless, for those who don’t need to trouble with becoming a member of a credit score union or don’t journey usually, there are a lot of different reward bank card choices to think about.