As many of you know, PenFed [1] is one of our favorite personal finance secrets. It’s no surprise they have a great Free Money [2] Friday offer for travelers!
Pentagon Federal is currently offering 20,000 points on their premium travel card.
How to Get Your 20,000 Points
- Open a PenFed Premium Travel Rewards American Express [1] card.
- Spend $650 with the card in the first 3 months.
- Get 20,000 bonus points (worth $250 towards your next round-trip airline ticket)!
Pentagon Federal Credit Union Terms and Conditions
- No annual fee.
- No foreign transaction charges.
More on Premium Travel Rewards
Balance Transfer. Penfed is also currently running their 4.99% balance transfer rate until June 30 for the life of the balance (with no balance transfer fee).
Rewards. Earn 5 points per dollar on airline purchases and 1 point on any other purchases. You can redeem points for a range of rich rewards, including travel, brand-named merchandise, and gift cards at PenFed Premium Rewards [3].
Lounge Club Membership. If you spend $15,000 annually on the card [1], you’ll get a free Lounge Club membership which gives access to airport lounges around the world.
More Travel Benefits. Other benefits [4] include: complimentary 24-hour concierge service, exceptional travel offers and discounts through the American Express Travel Privileges program, comprehensive world-class travel insurance, roadside assistance and car rental insurance, and more!