Originally Posted by
hur88
Why was this thread merged?
We're discussing the recent changes to the Platinum Cash Rewards Card and it got merged to the Platinum Rewards Card thread, which is a completely different card.
One earns points on groceries and gas and one earns cash back on just gas.
now I am totally confused.
I have the penfed platinum rewards. That is the points one.
This will be losing 5% (is currently really 4%) to 3% on gas, correct?
message from CS:
Date Type Comment
09/12/2013 Resolution Dear PenFed Rewards Member, We can understand your frustration with the recent point level changes that took place on August 16th and we apologize for any inconvenience this may have caused. Lowering the redemption value of our credit card points is not an easy decision but necessary in order for PenFed to continue to maintain low interest rates on products for all members. Please refer to the Terms and Conditions of the Rewards Program under: Program Changes. It states that the program can be changed at any time. Sincerely, E-Messaging Center