PenFed Credit Union
PenFed Platinum Rewards
Annual fee
$0
Rewards
PenFed Points
Earn Rates
| Category | Rate | True cash-back value |
|---|---|---|
| Gas | 5x | 4.25% |
| Groceries | 3x | 2.55% |
| Dining | 3x | 2.55% |
| Streaming | 3x | 2.55% |
| Everything else | 1x | 0.85% |
True value converts point multipliers to dollars using MaxWorth point valuations. Issuer-portal-exclusive rates are excluded.
Stop tracking this in a spreadsheet.
The MaxWorth app tracks all your PenFed Platinum Rewards benefits automatically — redemption progress, reset dates and expiry alerts.