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The Offer
No direct link to offer, sent out via e-mail. ‘Subject line is ‘Kick the summer off with this special offer from PenFed!’
- PenFed is offering some credit card customers a bonus of $50 when they spend $1,500 by July 31st, 2020
The Fine Print
- The statement credit will be applied to your account within 4 weeks after the end of the promotion period.
- This offer is not transferable.
- Limit one statement credit per cardholder.
- Your account must remain open, have available credit, and be current (no minimum payment past due) to qualify.
- Cash advances and balance transfers do not contribute towards the $1,500 purchase minimum.
- Offer ends July 31, 2020
Our Verdict
This works out to be an additional 3.33% cash back if you spend exactly $1,500+. Can be worth doing if you don’t have any minimum spend requirements to meet.
