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The PenFed Platinum Rewards Visa Signature Card has an offer for $100 bonus cash when you spend $1,500 in the first 90 days (ways to meet this spending requirement). Although not the best welcome offer out there, it’s a decent one considering the card doesn’t come with an annual fee. For more no-annual-fee credit card offers, see our list.
PenFed Platinum Rewards is worth a once over if you’re looking for an everyday rewards card. It offer 5x points on gas, 3x points on groceries and 1x points on everything else.
But there’s a catch. You need to join Pentagon Federal Credit Union (PenFed) in order to qualify (more on that later). Not associated with the military? Want a simple application process? Then PenFed credit cards won’t be a good fit.