Review of the PenFed Visa Platinum Cashback Rewards Credit Card
Saturday, July 31st, 2010Last Reviewed: 7/30/2010
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The Penfed Visa Platinum card might be called a hidden gem. The value proposition of this card is very straightforward: its awesome for gas rewards (5% cashback), very good for supermarket rewards (2% cashback) and plain Jane on all other purchases (1% cashback).

While this card ranks 2nd out of the 32 cash back credit cards that PlasticIQ currently tracks in our ranking engine, if the Blue Cash card is used properly and in a disciplined manner, it can easily be the top dog—-with potential to earn an affective cashback rate of 3% or even more. 