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I received the new chipped version of the Platinum rewards card for one of my accounts today.
My other account received an email stating that they were converting my to the Visa Signature version. As of now, I'm going to keep my existing benefits. We'll see what they do in the future.
I also received a soft CLI for about 1.5 times the limit.
Nice CLI and upgrade
I've got nothing but positive things to say about PenFed so far.
Congrats on the CLI!
I just got the email on the new Platinum Rewards Signature card as well. I've been avoiding the upgrading since Penfed had earlier nerfed the Platinum Rewards Card to a 3/2/1 card rather than a 5/3/1 card. But now they are saying that we keep 5/3/1 benefits. For how long, I'm not sure but at least they do seem to be listening.