No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
It's not easy to get Penfed cards . Most peope are not in or involving to military
@Anonymous wrote:It's not easy to get Penfed cards . Most peope are not in or involving to military
You don't have to be affiliated with the military to join Penfed. It will cost you $20 to join. $5 for the savings account and a $15 donation.
You could join in 15 mins..the Penfed site will walk you through the membership process.
@Anonymous wrote:
@Gmood1 wrote:Yeah the Sam's is 5% on Gas and 3% on Dining and Travel. If I already didn't have a unlimited 5% gas card. I'd opt for the Sam's card myself.
I'm using a combination of AARP and Penfed Cash Rewards. Love that AARP card. lol Especially after seeing that $211 credit show up on the account today.
Is PenFed Cash Rewards also 5% cash back on gas, gmood? Nice.
Yes that's really the only perk with the Penfed Cash rewards. The 5% cash back is automatically deducted from your monthly statement. That's besides it being no cap , no FTF and no AF.
@Anonymous wrote:
The Sam's Club card trumps the AARP card however in terms of offering 5% cash back in gas and dining, versus only 3% for AARP.
Isn't there a cap on 5%...6k annually for gas?
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
Actually I thought the concensus was no membership was required to maintain because you can cash the check in club, and also membership not required to shop,just a surcharge....
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
Actually I thought the concensus was no membership was required to maintain because you can cash the check in club, and also membership not required to shop,just a surcharge....
+1
That's the general consensus, although the wording on the website is a bit convoluted. It says in one place that maintaining a membership is required, then in another place it goes so far as to tell you that you can get a 'day pass' to cash the check if your membership isn't current. Even more interesting is that in places there are still references to the Sam's Club Discover card, which hasn't been around for a while now.
That being said, as someone who earns $30+ each month solely on his Sam's Club MasterCard, I'm probably going to let my own membership 'slide' for a bit when it expires in August. I do use the membership itself enough to probably 'break even' (not counting the cash rewards from the credit card) but I would prefer to renew once there's an offer available on either Amex or Discover, which will probably not coincide exactly with my renewal date.
@UncleB wrote:
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
Actually I thought the concensus was no membership was required to maintain because you can cash the check in club, and also membership not required to shop,just a surcharge....
+1
That's the general consensus, although the wording on the website is a bit convoluted. It says in one place that maintaining a membership is required, then in another place it goes so far as to tell you that you can get a 'day pass' to cash the check if your membership isn't current. Even more interesting is that in places there are still references to the Sam's Club Discover card, which hasn't been around for a while now.
That being said, as someone who earns $30+ each month solely on his Sam's Club MasterCard, I'm probably going to let my own membership 'slide' for a bit when it expires in August. I do use the membership itself enough to probably 'break even' (not counting the cash rewards from the credit card) but I would prefer to renew once there's an offer available on either Amex or Discover, which will probably not coincide exactly with my renewal date.
I would also let my membership slide too if I had the MC! But...its pretty darn easy to groupon/livingsocial with a friend/S.O. and just alternate as primary/secondary
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
Not in subsequent years. It's important to plan for the bigger picture.
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
@Anonymous wrote:Don't forget $200 sign-up bonus of AARP comparing to Sam's Club, and no annual fee versus Sam membership fee (that mean annual fee)
Yes, but $200 is tiny, at least to me. It may not be to some, and I definitely respect that. I'd take the 5% cash back over the 3% cash back, too.
The two are somewhat related. 3% + $200 > 5% until spend exceeds $10K
Not in subsequent years. It's important to plan for the bigger picture.
Why? It is rarely the case that any particular card is "best" for a prolonged period of time. Until total spend on dining reaches $10K, AARP returns more rewards. Other cards may appear in subsequent years.
But my point was more your "$200 is tiny" but giving importance to the 2% difference. Unless spend is high, the big picture takes bonuses into account, as generally bonuses return much more in rewards than any regular spending.