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Does Penfed downgrade rewards programs for Visa Signature Card?

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Ron1
Super Contributor

Does Penfed downgrade rewards programs for Visa Signature Card?

link:

 

https://www.penfed.org/visasignaturepoints/

 

Key Features





 

 

4.99% APR promotional balance transfer rate on transfers made from April 1, 2013 through June 30, 2013 for the life of balance with no balance transfer fee. After that, the APR for any new balance transfers will be 9.99% and will vary with the market based on the Prime Rate. The fee for balance transfers made after June 30, 2013 will return to 3% (Min. $10 – Max. $250) per transaction. This transaction is subject to credit approval.
 

 

*For a limited time until 10/31/13, enjoy 5 points for gas paid at the pump, 3 points for groceries, and 1 point for all other purchases. Get more for your membership.

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