If you’re a PenFed credit cardholder, here you’ll find the latest discount codes, coupons, savings, & promotions from them! Most of the promotions listed below are for targeted members, so make sure to double check your email for any of the offers!

Editor’s Note: PenFed offers various promotions like these throughout the year. If you’re interested in participating in these promotions, see our reviews to learn more about these credit cards!

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Current PenFed Credit Cardholder Promotion

Earn $150 Bonus when Adding Authorized User

Currently, PenFed is offering a targeted promotion to credit card customers for chance to earn $150 Bonus when Adding Authorized User! Check your emails to make sure you are eligible for this offer. Make sure you add an authorized user onto your PenFed credit card to earn the bonus!

Offer expiration: December 31, 2021
What you’ll get: Earn $150 Bonus when Adding Authorized User
Who is eligible: Targeted cardholders
Where it’s available: Via email;
- ‘Subject line is ‘Yule love this gift: $150 statement credit’
How to earn it:
1. Check your email to see if you have been targeted
2. Using your card, add an authorized user!
Offer terms: No purchase necessary.
In order to receive the $150 credit to your statement, you must add an authorized user to your account during the promotional period ending December 31, 2021 for your account ending in XXXX.
If earned, the statement credit will be applied to your account within two billing cycles of the offer end date.
In order to qualify, your credit card account must remain open, be in good standing, and not become delinquent.
Statement credit cannot be used to satisfy the required monthly payment on your credit card account and may not be redeemed for cash or cash equivalent.
This offer is non-transferrable.
Limit one statement credit per cardholder.
Offer ends December 31, 2021.

Earn $50 Cash Back w/ $1,000+ Spend (Targeted)

Earn $50 Cash Back w/ $1,000+ Spend (Targeted)

Currently, PenFed is offering a targeted promotion to credit card customers for chance to earn $50 cash back with a $1,000+ spend! Check your emails to make sure you are eligible for this offer. Make sure you pay using your PenFed credit card to earn the bonus!

Offer expiration: December 31, 2021
What you’ll get: Earn $50 Cash Back w/ $1,000+ Spend (Targeted)
Who is eligible: Targeted cardholders
Where it’s available: Via email;
- ‘Subject line is ‘Earn Cash Back this holiday season with your PenFed Visa Card!’
How to earn it:
1. Check your email to see if you have been targeted
2. Using your card, make three contactless purchases!
Offer terms: The statement credit will be applied to your account within 4 weeks after the end of the promotion period. This offer is not transferable. Limit one statement credit per cardholder. Your account must remain open, have available credit, and be current (no minimum payment past due) to qualify. Cash advances and balance transfers do not contribute towards the $1,000 purchase minimum.

Bottom Line

PenFed credit cardholders, check your inbox, spam folder, or your trash bin to see if you’ve received any of the offers listed above! This is a great chance for you to earn easy cashbacks or rewards!

If you’re not a PenFed credit cardholder, you can check out the various PenFed credit cards or check out some of our best credit card bonuses we’ve listed here on HMB to get the most out of your money!