PenFed Platinum Rewards Visa Signature?

[Anonymous]

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@baller4life wrote:

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@Anonymous wrote:

I am a member and denied 7-8 months ago for the Platnium card for pyramids debts. Did they loosen up some? Are they inquiry and new account sensitive still?  I also got this mailer last week. 

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They have definitely loosened up. Have you been an Egyptian since your denial? 😆

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Yes by now I probably built a small city of pyramids...lol

[baller4life]

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@Anonymous wrote:

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@baller4life wrote:

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@Anonymous wrote:

I am a member and denied 7-8 months ago for the Platnium card for pyramids debts. Did they loosen up some? Are they inquiry and new account sensitive still?  I also got this mailer last week. 

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They have definitely loosened up. Have you been an Egyptian since your denial? 😆

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Yes by now I probably built a small city of pyramids...lol

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Lol well check out the data share thread and see how your stats compare to those that have been approved. Lots of members had many new accounts/inqs when they were approved.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Pentagon-Federal-Credit-Union-Data-Share/m-p/4591561#U4591561

[Anonymous]

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@baller4life wrote:

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@Anonymous wrote:

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@baller4life wrote:

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@Anonymous wrote:

I am a member and denied 7-8 months ago for the Platnium card for pyramids debts. Did they loosen up some? Are they inquiry and new account sensitive still?  I also got this mailer last week. 

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They have definitely loosened up. Have you been an Egyptian since your denial? 😆

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Yes by now I probably built a small city of pyramids...lol

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Lol well check out the data share thread and see how your stats compare to those that have been approved. Lots of members had many new accounts/inqs when they were approved.

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Pentagon-Federal-Credit-Union-Data-Share/m-p/4591561#U4591561

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Thanks for the info! 

[elim]

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@longtimelurker wrote:

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@elim wrote:

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@minski wrote:

@Anonymous

What is the rate of point to dollar? I've scrolled through PenFed website and can't find the answer. 

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  100

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Well, it;s more like 0.85c per point   A $100 Visa gift card costs 11,760 points (as does $100 Amazon card).   This is why I no longer like this card, 2.54% on groceries (whereas 3% is fairly easy to get) and 4.25% on gas, whereas the cash rewards (with a small savings account) gives 5%

The only use I have for the card is that it gives rewards in supermarkets abroad, and I don't have another card that does that.

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  hrmmmm, I checked flights when I got the card and a random $1000 flight was about $10 off google flights.  Bummer

[longtimelurker]

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@elim wrote:

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@longtimelurker wrote:

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@elim wrote:

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@minski wrote:

@Anonymous

What is the rate of point to dollar? I've scrolled through PenFed website and can't find the answer. 

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  100

---

Well, it;s more like 0.85c per point   A $100 Visa gift card costs 11,760 points (as does $100 Amazon card).   This is why I no longer like this card, 2.54% on groceries (whereas 3% is fairly easy to get) and 4.25% on gas, whereas the cash rewards (with a small savings account) gives 5%

The only use I have for the card is that it gives rewards in supermarkets abroad, and I don't have another card that does that.

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  hrmmmm, I checked flights when I got the card and a random $1000 flight was about $10 off google flights.  Bummer

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Oh, I didn't check travel redemptions.  They may be better

[Anonymous]

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@longtimelurker wrote:

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@elim wrote:

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@minski wrote:

@Anonymous

What is the rate of point to dollar? I've scrolled through PenFed website and can't find the answer. 

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  100

---

Well, it;s more like 0.85c per point   A $100 Visa gift card costs 11,760 points (as does $100 Amazon card).   This is why I no longer like this card, 2.54% on groceries (whereas 3% is fairly easy to get) and 4.25% on gas, whereas the cash rewards (with a small savings account) gives 5%

The only use I have for the card is that it gives rewards in supermarkets abroad, and I don't have another card that does that.

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I agree with the points being less than 1 to 1 but even less appealing is the redemption choices I use only cash back and at 5880 points to get a fifty dollar pre-paid Visa card it's not very useful to me.

[minski]

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@longtimelurker wrote:

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@elim wrote:

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@minski wrote:

@Anonymous

What is the rate of point to dollar? I've scrolled through PenFed website and can't find the answer. 

---

  100

---

Well, it;s more like 0.85c per point   A $100 Visa gift card costs 11,760 points (as does $100 Amazon card).   This is why I no longer like this card, 2.54% on groceries (whereas 3% is fairly easy to get) and 4.25% on gas, whereas the cash rewards (with a small savings account) gives 5%

The only use I have for the card is that it gives rewards in supermarkets abroad, and I don't have another card that does that.

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Thanks. I knew I'd seen something about 0.85c per point somewhere but I couldn't remember whether it was for this card or another. 

I've been leaning towards the Cash Rewards for the 5% cash back but I'd really like a no FTF card that I can use abroad and still get rewards. Still undecided. 

[Anonymous]

Does the cash rewards give 5 on gas and 0 on everything else? I can't find anywhere that says you get 1% on other transactions

[Loquat]

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@Anonymous wrote:
Does the cash rewards give 5 on gas and 0 on everything else? I can't find anywhere that says you get 1% on other transactions

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I'm thinking its just fuel at the pump only. 

[Anonymous]

5 for gas at pump

3 for super markets

1 for everything else

* platinum rewards vs