PenFed Platinum Rewards Visa Card Calculator

Review the benefits of the PenFed Platinum Rewards Card, calculate how many PenFed Points you can earn based on your spend, and compare the results.
Updated 2020-06-17 By Robert Flowers III

The PenFed Platinum Rewards Visa Signature Card is a great choice for those who want to earn a solid return on the everyday categories of gas and grocery. It's part of the PenFed Rewards Program so there's no complicated redemptions or rewards structures. Pair this card with other PenFed Points or cash back credit cards and you have yourself a solid combination.

Quick Details
Issuing Bank
Card Network
Rewards Earned
Annual Fee
Authorized User Fee
Foreign Transaction Fee

Bonus Categories

The PenFed Platinum Rewards Visa Signature card features two bonus categories which are gas stations and grocery purchases. Any spending done in these categories will earn bonus PenFed Points. There is no limit on the number of PenFed Points you can earn with the PenFed Platinum Rewards Card.

  • 5x Gas Station
  • 3x Grocery
  • 1x Non-Category

Perks & Benefits

The PenFed Platinum Rewards Visa doesn't offer any type of benefits that's specific to PenFed or the card itself. You will receive the standard Visa Signature Benefits.

  • Visa Signature Benefits
    • Extended Warranty
    • Purchase Security
    • Travel Discounts and Upgrades
    • Special Access to Dining and Entertainment Event
    • Concierge Services
    • Roadside Dispatch
    • Travel and Emergency Assistance Services
    • Car Rental Insurance

Sign Up Bonus

The standard sign up bonus for the PenFed Platinum Rewards Visa is a $100 statement credit after you spend $1,500 in the first 90 days. This card is also known to offer a 0% intro APR bonus on balance transfers which can be great for those looking to pay off their debt on other cards.


Annual Fee

The PenFed Platinum Rewards Visa Signature Card does not have an annual fee. This allows you to enjoy the high return on both gas and grocery. You also will not have to worry about hitting any type of spend goals to make sure the card is worth it.

Authorized User Fee

The PenFed Platinum Rewards Visa Signature Card does not charge a fee for adding authorized users. I highly recommend adding family/friends to the card in order to maximize on the gas and grocery returns the card offers.

Foreign Transaction Fee

The PenFed Platinum Rewards Visa Signature Card has a 0% foreign transaction fee. This makes it a decent option for anyone spending outside of the United States. When it comes to travel through, you'll probably want to lean more towards the PenFed Pathfinder Card.

Rewards Calculator

You can use the rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on the value of the rewards earned and how much each benefit is worth to you, minus the annual fees. You can click the Compare A Card button to compare this card side by side any other card featured on the site within the same calculator.

Note! All category spend entered in the primary card's column (first column when comparing cards) will carry over to all credit card calculators on the site. This means you will not have to re-enter the same information again and again when browsing during the session.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any other rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Edit Card Options
Compare A Card
Family Cards
These cards are part of the same family.
Similar Cards
These are similar cards based on earning structure and other benefits (that aren't part of the same family).
Search Cards
Search for credit cards by name, rewards program, or rewards currency.
Search Results Display Here
Category Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value, +/- Categories to add and remove categories from the list, and Options to copy spend between columns and clear all spend.
Add Categories
Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
Type at least 3 characters.
Currently Selected:
Add Categories On Card Change
When you add/change a credit card comparision, the categories missing from the newly added card will be added to the list of categories. Toggle this off to prevent such from happening.
Clear Spend/Mobile
Clear All Spend will clear the spend in all categories in both columns and all saved values (cookies). Clear Mobile will remove the mobile pay option from all categories in both columns.
Copy Spend
Copies all spend amounts and their units of time from one column to the other. Does not copy mobilepay indicator.
Total Earnings
The sum of all rewards earned from Category Spending and Reward Bonuses, along with the cash value of it all based on Currency Worth.
From Spending
From Bonuses
From Loyalty
Cash Value
Cash value of Total Earnings based on Currency Worth.

Rakuten Rewards

$25 Bonus
Earn $25 or 2,500 Membership Rewards Points when you sign up for a Rakuten Rewards account and make a $25+ purchase. Rakuten and other cash back portals allows you to easily double and triple dip on rewards. I recommend using portals when booking travel or shopping online. You can sign up through The Point Calculator referral link to help out the site.
Sign Up For Free | Rakuten Review
Monetary Bonuses & Fees
Cash bonuses, annual fees, authorized user fees, and any other listed fees.
Monetary Bonuses
Annual Fee
Auth User Fee
Cash Bonuses
Annual Fee
Auth User Fee
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card based on spend, benefits, and fees.
Total Return
The percent you are earning based on spend, earnings, and fees.

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