Frequent Contributor
Posts: 341
Registered: ‎08-14-2012

US Bank Cash + (Plus) vs. PenFed Platinum Rewards Card

If it came right down to it, which card would you choose and why?

Cap One Platinum MC $2.5k CL (08/12)
Citi Forward Student Visa Card $1.5k CL (09/12)
Express NEXT Card $0.25k CL (02/13), Jcrew CC $0.7k CL(02/13)
AMEX PRG NPSL (03/13), AMEX Gold Delta Skymiles 2k (03/13)
Walmart Credit Card $1.5k (03/13)
TU: 687 FICO (3/13) | EX: 692 Lender Pull (3/13) | EQ: 678 (4/1/13)
Valued Contributor
Posts: 2,300
Registered: ‎01-22-2012

Re: US Bank Cash + (Plus) vs. PenFed Platinum Rewards Card

I'm normally not a fan of cash back cards, but if I had to choose one I'd go with PenFed. It doesn't charge forex, which is a really big deal if you spend most of your time outside the US like I do.

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Super Contributor
Posts: 5,727
Registered: ‎05-23-2009

Re: US Bank Cash + (Plus) vs. PenFed Platinum Rewards Card

WarJar101 wrote:

If it came right down to it, which card would you choose and why?

It depends what you're going to use it for. 




Regular Contributor
Posts: 127
Registered: ‎08-13-2012

Re: US Bank Cash + (Plus) vs. PenFed Platinum Rewards Card

Both!!! They are good for different stuff, Penfed for Gas and Groceries, Cash + for bills. I would say Penfed first Cash+ second, I am gonna apply for both, they pull different Bureau anyway

BOA Cash Rewards Visa Sig. 12K; BOA Travel Rewards Visa Sig 5K, US Bank Cash+ 11.5K, AMEX BCE 6200, AMEX BLUE Sky 7K, Chase Freedom Visa Sig. 5400, Fort Knox FCU Visa Platinum 2500; CAP ONE Cash Rewards WORLD MC 5K

Starting Score: 580
Current Score: 747
Goal Score: 800+

Take the FICO Fitness Challenge
Valued Contributor
Posts: 3,099
Registered: ‎10-02-2012

Re: US Bank Cash + (Plus) vs. PenFed Platinum Rewards Card

[ Edited ]

Neither. Go with the US Bank Flexperks card. With a package checking account, you get a decent amount of bonus points.


You can choose to get a statement credit with the rewards, or you can get twice as much out of the points by paying for flights.


The bonus points are better too. Currently, they are offering either a $150 statement credit or $300 in airfare just for signing up. The annual fee is waived by either spending a couple thousand per month or by talking to customer service.


So far, I have been earning around 4% rewards. They are also pretty generous about giving bonus/courtesy points.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    

     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.