As many of you know, PenFed is one of our favorite personal finance secrets. It’s no surprise they have a great Free Money 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 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.
Lounge Club Membership. If you spend $15,000 annually on the card, you’ll get a free Lounge Club membership which gives access to airport lounges around the world.
More Travel Benefits. Other benefits 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!
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Can one get this bonus if they’ve had this credit card in the past?
Hmmm…tempting but I already have too many credit cards and don’t foresee myself traveling too much in the next couple of years.
Free money fridays but don’t like the travel rewards ones