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Penfed $50 offer for $1000 Spend through Feb 28th

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M_Smart007
Legendary Contributor

Penfed $50 offer for $1000 Spend through Feb 28th

Email offer ... unknown if targeted offer?

Sorry if already been posted.

 

 

The fine print ...

 

In order to receive the $50 credit to your statement, you must spend at least $1,000 or more during the promotion period ending February 28th using your PenFed Credit Card ending in XXXX. 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 $1,000 purchase minimum. Offer ends
February 28th, 2021.

Message 1 of 15
14 REPLIES 14
Anonymous
Not applicable

I didn't get that offer.


@M_Smart007 wrote:

Email offer ... unknown if targeted offer?

Sorry if already been posted.

 

 

The fine print ...

 

In order to receive the $50 credit to your statement, you must spend at least $1,000 or more during the promotion period ending February 28th using your PenFed Credit Card ending in XXXX. 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 $1,000 purchase minimum. Offer ends
February 28th, 2021.


I didn't get that offer.

Message 2 of 15
thornback
Senior Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th

I received the same.  

Personal Aphorism:"Forget What You Feel, Remember What You Deserve"
Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 04/2022: EX 796 ✦ EQ 793 ✦ TU 790
Current FICO 9s | 04/2022: EX 790 ✦ EQ 788 ✦ TU 782
2022 Goal Score | 800s

My AAoA:
4.6 years not incl. AU / 4.9 years incl. AU
My AoOA: 9.2 years not incl. AU / 11.2 years incl. AU
Inquiries: EX 0/12 ✦ EQ 0/12 ✦ TU 0/12
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Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.
Message 3 of 15
Sharingan
Established Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th

I received this offer for my Platinum Cash card (5% Gas), but not on my Power Cash card, which would've been more ideal. Still an interesting offer, regardless. 



Message 4 of 15
M_Smart007
Legendary Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th


@Sharingan wrote:

I received this offer for my Platinum Cash card (5% Gas), but not on my Power Cash card, which would've been more ideal. Still an interesting offer, regardless. 


Just to clarify, My offer was on The Power Cash Rewards Visa. (I only have one Penfed card)

Message 5 of 15
jkry
Valued Member

Re: Penfed $50 offer for $1000 Spend through Feb 28th

I received an email this morning for a $25 account credit when I used my Penfed  platinum rewards card to pay bills. 65F38823-C92C-4A64-B845-B901EE18C1ED.png

 

Message 6 of 15
coldfusion
Credit Mentor

Re: Penfed $50 offer for $1000 Spend through Feb 28th


@jkry wrote:

I received an email this morning for a $25 account credit when I used my Penfed  platinum rewards card to pay bills. 65F38823-C92C-4A64-B845-B901EE18C1ED.png

 


I got this identical offer on my PCR. 

 

Last month I got a $50 statement credit for $750 spend on my Platinum Rewards card. 

(7/2025)
FICO 8 (EX) 850 (TU) 850 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

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Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 7 of 15
cashorcharge
Community Leader
Super Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th


@coldfusion wrote:

@jkry wrote:

I received an email this morning for a $25 account credit when I used my Penfed  platinum rewards card to pay bills. 65F38823-C92C-4A64-B845-B901EE18C1ED.png

 


I got this identical offer on my PCR. 

 

Last month I got a $50 statement credit for $750 spend on my Platinum Rewards card. 


I received this offer as well this morning, though it was on my GOLD not my PCR

Message 8 of 15
wingennis
Valued Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th

I got this offer on my PCR and $50 for $500 spend on my gold which, unfortunatley, has a BT on it.

Message 9 of 15
NRB525
Super Contributor

Re: Penfed $50 offer for $1000 Spend through Feb 28th


@wingennis wrote:

I got this offer on my PCR and $50 for $500 spend on my gold which, unfortunatley, has a BT on it.


I also got $50 for $500. And have a BT running on the account.

I will likely still try the spend, and it will give me a chance to see how quickly, how often, I can pay PenFed to reduce the immediate interest on new spend Smiley Happy 

I like a good challenge.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 10 of 15
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