Deal has ended, view more PenFed deals by clicking here.
The Offer
No direct link to offer, sent out via e-mail. Subject line is ‘Yule love this gift: $150 statement credit’
- PenFed is offering a $150 bonus when you add an authorized user
The Fine Print
- No purchase necessary.
- In order to receive the $150 credit to your statement, you must add an authorized user to your account during the promotional period ending December 31, 2021 for your account ending in XXXX.
- If earned, the statement credit will be applied to your account within two billing cycles of the offer end date.
- In order to qualify, your credit card account must remain open, be in good standing, and not become delinquent.
- Statement credit cannot be used to satisfy the required monthly payment on your credit card account and may not be redeemed for cash or cash equivalent.
- This offer is non-transferrable.
- Limit one statement credit per cardholder.
- Offer ends December 31, 2021.
Our Verdict
This requires a SSN to add an authorized user. Not to sure how PenFed authorized users affect credit scores compared to other issuers.

