linnemj wrote:
holstein13 wrote:
rgatijnet1 wrote:
The Pentagon Federal Credit Union still offers 5% cash back on all fuel purchases for ANY type of fuel at ANY station with their Platinum Cash Rewards Visa Card.
That is IN ADDITION to the normal discount that you get with the Good Sams membership card at Flying J and Pilot.
Unfortunately, I've never earned a wage from the US Government and I am not eligible.
I joined the Pentagon Federal Credit Union a few years back and I had no government service. They asked for a donation for a Military Support Group instead. Pen Fed did change our reward program a year or so ago. To keep the 5% rebate on fuel purchases you had to have a checking account with a direct deposit. The rebate dropped to 2% (I think) if you did not do this. We use a lot of fuel so we did the checking account and I pay my credit card each month out of that. Works great. In addition Pen Fed has excellent customer service and a nice website.
Without a qualifying account, the fuel discount drops to 3%. A qualifying account can be a deposit in a Money Market Account, a loan, a line of credit, or as mentioned, a checking account with direct deposit.
The thing is that PenFed pays as high an interest rate as anyone else, and their credit card rates are as low as most others. With no limits on the amount of cash back on fuel purchases, as well as the discounts on other purchases, it is still the best value, even if you do have to meet a few minimal requirements.
