TYSONS Va.– PenFed Credit Union has launched a new PenFed Pathfinder Rewards American Express Card.
“Combining the best attributes of travel and rewards cards into one, this new card gives more opportunities to earn points on travel and everyday purchases with no caps, no limits on rewards, no annual fee, and a low variable APR starting at 11.99%,” PenFed said.
Pathfinder Cardholders earn 3x points on travel purchases and 1.5x points on all other purchases with the card. Pathfinder Cardholders earn 4x points on travel purchases and 1.5x points on all other purchases when they have a PenFed Access America checking account or are active or retired military.
“The PenFed Pathfinder American Express Card sets a new standard for rewards cards by providing the most opportunities for cardholders to earn the most points on life’s everyday travel and purchases, all with no annual fee,” said Kevyn Myers, EVP and president Payment Systems, PenFed Credit Union, in a statement. “This card provides market-leading value to cardholders – more points on more purchases and the freedom to redeem those points for anything they want.”
PenFed noted the Pathfinder Rewards American Express Card also offers no foreign transaction fees, a $100 Global Entry or $85 TSA PreCheck credit (which renews every five years), and a $100 annual travel fund, which can be used for baggage fees and other qualifying incidental travel expenses.
Other travel benefits include trip cancellation and interruption insurance, travel and emergency assistance, baggage loss and delay insurance, travel accident insurance, and more. Current introductory offers include 25,000 Bonus Points when cardholders spend $2,500 within the first 90 days.