PenFed Pays Members To Eat Out More

Published February 01, 2012, 7:27 p.m. EST

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Updated August 26, 2020, 11:02 p.m. EDT

1 Min Read

ALEXANDRIA, Va. – Pentagon FCU said beginning Feb. 1, all members who use the PenFed Premium Travel Rewards American Express Card will earn three points per $1 spent on all their dining purchases, tripling the current rewards.

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The limited-time bonus point offer is in addition to the five points on airfare purchases and one point on all other purchases that members already earn every time they use the card. The minimum purchase is $10 and the maximum is $250.

PenFed said its Premium Travel Reward points program offers 25% more value per point than almost all other travel and frequent flier programs when redeeming for airline travel. Additional features include a new, variable 9.99% purchase APR, no annual or foreign transaction fees, and no caps on the rewards cardholders can earn.

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