Once you accrue rewards, there will be a link out to redeem.penfed.org from your account page. Once on the site you can purchase GC, merchandice, travel, or donate to charity. For most GC you will get $0.0085 per point, so that your 50K will be worth $425 for a GC. They have "sale" GC items where you can get closer to $0.01 and for travel, supposedly you can get $0.01 or higher. The most popular sale GC's tend to sell out quickly, so you'll want to jump on those when you can. Most recently there was Apple GC on sale for nearly $0.01 but they sold out very quickly. Currently there is a deal on Lowes GC which could be lucrative for some people.
Starting Score: 800
Just travel through their site. I haven't seen any purchase eraser like other cards have.
To get 4x on travels, does the ticket need to get purchased via a specific portal? If yes, what is the address of the portal?
Fico8: EX~EQ~TU~840 (12 month goal~850).
@xenon3030 wrote:To get 4x on travels, does the ticket need to get purchased via a specific portal? If yes, what is the address of the portal?
You have to 1) be an Honors Member, and 2) purchase qaulified travel with your Pathfinder Rewards CC with any merchant. You do not need to use their portal.
To bypass the AF as an honor member, is it required to provide a total DD of $500 per month (e.g. two DD per month, each $250)? Or does it require a single DD>$500 per month?
PS: I ask this because BOA perviously charged me with monthly fee for checking account, mentioning that they want a single DD>$250 (but not total DD of $250 per month) 
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There are two ways, one is through being a military service member (active, reserve, retired, honorably discharged). The other is though maintaining a minimum daily balance in a checking account.
Members with a Free Checking account must also 1) maintain a minimum $500 daily balance OR 2) set up monthly direct deposits of $500 or more in order to maintain Honors Advantage Eligibility. A minimum balance or direct deposit is not required to maintain a Free Checking account.
https://www.penfed.org/credit-cards/honors-advantage
@phantasm wrote:There are two ways, one is through being a military service member (active, reserve, retired, honorably discharged). The other is though maintaining a minimum daily balance in a checking account.
Members with a Free Checking account must also 1) maintain a minimum $500 daily balance OR 2) set up monthly direct deposits of $500 or more in order to maintain Honors Advantage Eligibility. A minimum balance or direct deposit is not required to maintain a Free Checking account.
https://www.penfed.org/credit-cards/honors-advantage
That's not what @xenon3030 was asking. They were asking about what satisfies the minimum $500 DD requirement - whether a single $500 deposit, or two separate $250 deposits.
@OmarGB9 wrote:
@phantasm wrote:There are two ways, one is through being a military service member (active, reserve, retired, honorably discharged). The other is though maintaining a minimum daily balance in a checking account.
Members with a Free Checking account must also 1) maintain a minimum $500 daily balance OR 2) set up monthly direct deposits of $500 or more in order to maintain Honors Advantage Eligibility. A minimum balance or direct deposit is not required to maintain a Free Checking account.
https://www.penfed.org/credit-cards/honors-advantage
That's not what @xenon3030 was asking. They were asking about what satisfies the minimum $500 DD requirement - whether a single $500 deposit, or two separate $250 deposits.
It's right there in the quoted text "monthly direct deposits of $500 or more". Either a single $500 or multiple deposits totaling $500 or more each month will satisfy the requirement. A minimum deposit amount of $500 would say "monthly direct deposit of $500 or more", meaning one single transaction must be $500 or more.