03-18-2012 09:13 AM
This is a card I'd like to get in the future. No annual fee, 5% on gas, 3% supermarkets, 1% on everything else with NO forex fee and $250 sign-up bonus. Currently, is there a better cashback card out there?
03-18-2012 09:31 AM
03-18-2012 09:35 AM
This is the Platinum Rewards not Cash. I already have enough cash back cards hence my only looking for a points card for now. The points allocation is just as you described and am looking forward to the 5000 points for the first purchase and 20000 points after $1000 in three months. I am going to love this card!
It's the blue one, right?
This card is definitely on my list, especially it solves the no fee + no forex fee card issue.
03-18-2012 09:41 AM
Congrats OP!! What kind of limit did they give you? I'm new to the CU world and a few days ago opened a checking/savings account with Patelco (my brother has been with them for quite a while) and decided to refi my auto loan with them and got a CC card. The rates are the best around (Auto 2.0%/VISA 8.15%). The whole process was sooooo easy! And the personal service you get from them is awesome!
Soooo... this morning after reading some threads about Penfed I decided to open a share account with them. Did the online app, got approved, and called CS to find out about the rest of the process, setting up external account access (for transfering $$), and about the credit pull. They do pull a report (I think EQ) and it is good for 60 days. The CSR was really nice (considering having to work on a SUNDAY!!) and told me if I wanted to apply for a CC/loan I could do it now. The Platinum Rewards VISA seemed like a great card ($250 back after $1000 in purchases in the first 3 months, no FTF, 5% CB on gas!!) so I went for it...BAM!! $13k limit!! Gotta love it! I'm cancelling a few cards this year (AFs coming due or just not using) so this will be a good replacement.
Thanks guys for all of the great advice you give here!
03-18-2012 09:46 AM
Yes it's the blue one.
Are you required to have a deposit account? Or, can anyone just make a donation to join, then get the card?
I'm not familiar with their rewards system. How does it look so far?
03-18-2012 09:51 AM
03-18-2012 10:04 AM
03-18-2012 10:20 AM
Congrats to you too! I am still slack jawed with the limit I got which was $19k. I am seriously considering transferring my auto loan to them. That's a nice portfolio of cards in your signature!
Thanks OP! If your loan rate is higher than what they can offer you I'd do it. I kept my term to what I still had left to pay and my payments dropped a little. The process was really easy... compared to getting a freaking mortgage!!
03-18-2012 02:31 PM
Sorry, sneaking a question in, do you have to be a member to be able to apply for their credit card?
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