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PenFed Rewards - Devaulation

Posted on 9/2/13 at 10:17 pm
Posted by Miles4Heisman
Member since Mar 2012
11 posts
Posted on 9/2/13 at 10:17 pm
Just checked on my points and saw that the cash rewards have been devalued. Currently at

$50 - 5900 points
$100 - 11800 points
$250 - 29500 points
$500 - 58900 points

I've also heard they will be lowering their rewards points from 5/3/1 to 3/2/1. Anyone heard anything similar?

Pretty depressing to say the least.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 9/2/13 at 11:21 pm to
I have the 5% back on gas, not the point based one.
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 9/3/13 at 7:39 am to
quote:

I have the 5% back on gas, not the point based one.


me too


i have other rewards cards for other categories, so i wasnt worried about getting 1% vs. 0.25% on non-gas purchases
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