PenFed Cash Rewards changes

[ilovelisa]

The cash rewards is now the Power Cash Rewards with a new sleek look. 

https://www.penfed.org/power-cash-rewards/

[Anonymous]

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@ilovelisa wrote:

The cash rewards is now the Power Cash Rewards with a new sleek look. 

https://www.penfed.org/power-cash-rewards/

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And a new rewards structure - the downside being no more 5% on Gas...but a potential for 2% everywhere (with checking and/or being military) just might make up for that

[AverageJoesCredit]

POWER cash, justs screams app me app me, oh SNAP, Ive got the Power!!

[baller4life]

😆

[steelers1]

I am within 90 days of my last HP and Promise approval.

I might have to do this

[Blodreina]

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@steelers1 wrote:

I am within 90 days of my last HP and Promise approval.

I might have to do this

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Lol!

[Anonymous]

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@AverageJoesCredit wrote:
POWER cash, justs screams app me app me, oh SNAP, Ive got the Power!!

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Oh no he didn't! I like the idea of the card and it is unusually good looking for PenFed....but SSFCU has been using Power in all their products for a few years now, PenFed should have come up with another name.

I am hoping the 2% will prompt NFCU to come up with an up to 2% option on Cash Rewards...a boy can dream.

[trant3]

wow what a change, luckily Ive kept my cash rewards card! I wonder when they'll start mailing out the new cards...

[Gmood1]

^^^ Hopefully they won't send the Power Rewards as a replacement for the Cash rewards. I'm going to take the 5% over 2% any day. Seems like they would have notified us by now if they were doing that. Never know with these lenders though. Hopefully we're grandfathered in.

[elim]

I wonder if they'll nerf the 5% gas on plat soon?