Deal has expired, view more PenFed deals by clicking here.
The Offer
Offer sent out via e-mail. Subject line is ‘Get credit for streaming!’
- PenFed is offering some customers a $15 bonus when they pay for any streaming service by April 30th, 2020
The Fine Print
- In order to receive the $15 credit to your statement, you must pay for a streaming service before April 30, 2020 using your PenFed Credit Card ending in XXXX in Merchant Category Code 4899.
- The statement credit will be applied to your account within 4 weeks after the end of the promotion period. Merchant Category Codes (MCC) are designated by the payment network.
- PenFed is not responsible for MCC assignments.
Our Verdict
Easy $15 if targeted.
Hat tip to reader Kenneth S
Does it have to be more than $15 charged?
Same Question
I made a $1 purchase and only got a $1 credit. So I guess it’s more like “Get refunded up to $15” for streaming service. No idea if you can make multiple purchases.
What services are known to trigger this offer?
Streaming services
I prepaid some on my Directv Satellite TV and Spectrum Cable Internet bills and both of those have the 4899 code according to PenFed phone support. I’m not sure we will really know if they trigger the rebate until it is all over so YMMV
The subject line is
Get credit for streaming!
They’re also running an auto loan refinancing promo that might be worthwhile for some
https://www.penfed.org/auto/refinance
Email subject line is — Get credit for streaming!
Stream seamlessly and get a $15 statement credit from PenFed
Stream seamlessly with PenFed!
Pay your streaming subscription automatically with your PenFed Card and never miss an episode!
Set it & forget it!
PenFed makes payments quick, simple and secure to manage so you never have to worry about missing a payment… or a binge-worthy show.
Make your PenFed Card your go-to for all your favorites streaming services:
– TV
– Video
– Music
– Gaming
LIMITED TIME OFFER!
Pay for a streaming service by April 30th and get $15 statement credit.1
Make streaming simpler with your PenFed Visa.
1In order to receive the $15 credit to your statement, you must pay for a streaming service before April 30, 2020 using your PenFed Credit Card ending in XXXX in Merchant Category Code 4899. The statement credit will be applied to your account within 4 weeks after the end of the promotion period. Merchant Category Codes (MCC) are designated by the payment network. PenFed is not responsible for MCC assignments.
The ‘subject line’ from the email I received for this promotion is:
Get credit for streaming!
And the MCC code, 4899 as mentioned in the email, covers (I think):
Cable and other pay television (previously Cable Services)
Penfed ddoesn’t let me lock my credit cards when i am not using them. This is a common sense service they should provide their customers. I suggested to them twice to add this feature. You should ask them too.
I can say the same for the Aspiration Debit card.