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PenFed $50 back for $1500 spend in July

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Frequent Contributor

PenFed $50 back for $1500 spend in July

I got this targeted email from PenFed:

 

In order to receive the $50 credit to your statement, you must spend at least $1,500 or more during the promotion period using your PenFed Credit Card ending in ##.


The statement credit will be applied to your account within 4 weeks after the end of the promotion period. This offer is not transferable. Limit one statement credit per cardholder. Your account must remain open, have available credit, and be current (no minimum payment past due) to qualify. Cash advances and balance transfers do not contribute towards the $1,500 purchase minimum. Offer ends July 31, 2020

Message 1 of 13
12 REPLIES 12
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Senior Contributor

Re: PenFed $50 back for $1500 spend in July

Intersting, I got a physical mailer for a $100 back on $1,500 spend in 90 days. Maybe you should hold out?






Message 2 of 13
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Frequent Contributor

Re: PenFed $50 back for $1500 spend in July

Whhaaat?

 

Thanks for the heads up.

Message 3 of 13
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Established Contributor

Re: PenFed $50 back for $1500 spend in July

I don't think it's worth it just for the $50 discount.

Message 4 of 13
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Established Member

Re: PenFed $50 back for $1500 spend in July


@Janus wrote:

Intersting, I got a physical mailer for a $100 back on $1,500 spend in 90 days. Maybe you should hold out?


The offer the OP is referencing is for an existing credit card account, it isn't a SUB.

Discover IT | $25k | AMEX BCP $25k | Citi DC $19k | Chase Amazon $17k | Chase Freedom $16k | US Bank Cash+ $15k | Barclays Hawaiian $15k | PenFed Power Cash $12k
Message 5 of 13
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Mega Contributor

Re: PenFed $50 back for $1500 spend in July

 

I just checked my email, yep .. offer on existing PCR card.

 

"It's true hard work never killed anybody, but I figure, why take the chance?"
Message 6 of 13
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Valued Contributor

Re: PenFed $50 back for $1500 spend in July

Which PenFed Visa card is the offer for?  If it's the Power Cash Rewards, $1500 of spending would net $80 (the normal 2% plus the $50).  I'm guessing, however, that it's the Gold, the Promise, or the Platinum Rewards.

PenFed Power Cash • Promise • NFCU Flagship • More Rewards • cashRewards
Chase Sapphire Reserve • Freedom • United Explorer • UNFCU Azure
Message 7 of 13
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Regular Contributor

Re: PenFed $50 back for $1500 spend in July

I had the same offer last month.  $50 credit appeared a few days after statement cut

Message 8 of 13
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Frequent Contributor

Re: PenFed $50 back for $1500 spend in July


@UpperNwGuy wrote:

Which PenFed Visa card is the offer for?  If it's the Power Cash Rewards, $1500 of spending would net $80 (the normal 2% plus the $50).  I'm guessing, however, that it's the Gold, the Promise, or the Platinum Rewards.


I got the email for the  Platinum Rewards card.

Message 9 of 13
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Valued Contributor

Re: PenFed $50 back for $1500 spend in July

@NoMoreE46  DH got a $100 statement  credit after he charged $1500 on his Penfed Gold Cc it took a week and the credit was posted!

Message 10 of 13
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