SOURCE: Pentagon Federal Credit Union

Pentagon Federal Credit Union

October 18, 2010 12:51 ET

PenFed Premium Travel Rewards American Express® Card Now Offering Double Rewards for the Holiday Season

ALEXANDRIA, VA--(Marketwire - October 18, 2010) -  During this holiday season, Pentagon Federal Credit Union (PenFed) is doubling the reward points cardholders can earn on everyday purchases during the first year anniversary celebration of their PenFed Premium Travel Rewards American Express® Card, now until December 31, 2010.

"This is a milestone year for our Premium Travel Rewards American Express® Card, and we couldn't be more excited. Not only are we celebrating our Card's first year anniversary, but it has enjoyed many accolades and recognition from several prestigious news and consumer-focused organizations within its first year," says Nicole Butler, Vice President of Card Services and Business Development, PenFed. "Our Card offers rich rewards with even richer travel redemption levels. As we are celebrating the success of this product, we want to pass along double rewards during this holiday season."

The PenFed Premium Travel Rewards American Express® Card is one of the most rewarding products in the marketplace today. The Card offers exceptional earn rates, including 5x points on airfare, and, for a limited-time, 3x points on hotels and dining and double points on virtually all other purchases. There are no caps or limits on the number of points cardholders can earn, and there are no foreign transaction fees.

In a limited-time, exclusive partnership with American Express, PenFed became the first credit union in the United States to launch an American Express® Card to its membership. The partnership has been a great success, and the Card has recently been recognized by Kiplinger's magazine and Consumer Reports as one of the best travel rewards products on the market.

For more information about PenFed and to apply for the PenFed Premium Travel Rewards American Express® Card, visit www.penfed.org/amex or call 800-732-8268.

About Pentagon Federal Credit Union

Pentagon Federal Credit Union is the third largest credit union in the United States, serving approximately one million members, with assets in excess of $14.2 billion. The credit union provides worldwide service to Army, Air Force, Coast Guard, Department of Defense, and Department of Homeland Security personnel; members of the VFW; employees or volunteers of the American Red Cross; and others in the defense community and their families. 

Contact Information

  • Media Contact:

    PenFed
    Amy Doane
    Direct: (541) 225-6606
    E-mail: Email Contact