FlyerTalk Forums - View Single Post - PenFed Premium Travel Rewards AmEx [5x/3x/1x, $0 fee, 20K bonus]
Old Nov 19, 2012 | 12:03 pm
  #226  
kmcbrid2
 
Join Date: Jul 2012
Location: SE Asia
Posts: 1,274
Originally Posted by Dr_wanderlust
the earn rate is still 5% on airfare and the hotel perk along with no FETF makes this card a keeper IMHO.
I'm just curious why this card would still be a keeper when you could redirect spend to meet limits for churns. Additionally, I think a card like the chase sapphire provides a better proposition as you can at least transfer points to other programs. This card you can't transfer and all travel rewards are .009 per point.

I'm not sure if I see the same value as others but I'm a new so maybe I'm missing something.
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