I just received an email from PenFed offering me a $100 statement credit for spending $1,000 on airfare, car rentals, or lodging during Q3. A lesser deal (5%) also exists with a $25 statement credit if you spend $500 in the same category. Look for the email from PenFed or if you don't have this card, sign up today!
Actual verbiage from the email:
PenFed is making your vacation even better this summer. Spend $1,000 on qualified travel purchases between July 1, 2012 and September 30, 2012 and we’ll give you $100 cash back. That’s a savings of 10%! Or, spend $500 and get $25 cash back!
Here’s how it works:
Earn a $100 statement credit when you spend at least $1,000 toward airfare, car rentals, & lodging between July 1-September 30, 2012 on your PenFed Visa® card referenced above.
Earn a $25 statement credit when you spend at least $500 toward airfare, car rentals, & lodging between July 1-September 30, 2012 on your PenFed Visa® card referenced above.
So, what are you waiting for?
Start planning your summer vacation today and be sure to put it on your PenFed Visa card referenced above.
Rate and offers current as of June 2012 and are subject to change.
This one-time offer is targeted to the account number referenced above and is non-transferable to any other member or card account. Promotional credit will be awarded in the form of a statement credit to your PenFed Visa credit card account referenced above. The offers are not cumulative and only one award can be earned during the promotional period so the maximum statement credit that can be earned is $100. For this promotion, qualified travel purchases are defined as airfare, car rental, & lodging transactions and DO NOT include transactions made with travel agencies. To qualify, the transactions must: (i) be completed using the full PenFed Visa 16-digit Card number referenced above during the Offer period; (ii) be identified as airfare, car rental or lodging transactions, based on the information available on Visa’s proprietary network (VisaNet); and (iii) post to the Visa PenFed Card account referenced during the Offer period of July 1, 2012 – September 30, 2012. Your PenFed Visa account must remain in good standing in order to receive the statement credit. Please allow up to eight weeks after the promotion ends to receive your credit.
If you have the card but did not receive the offer, definitely call customer service to see if you can get in on it.