Originally Posted by
phltraveler
5% gas cashback at Penfed > 4% on Costco, and 4% restaurant/bar cashback on Altitude Go > 3% on Costco.
I don't think PenFed's points cash out at a 1:1 ratio for gift cards. Think it's closer to 0.8-0.85 cents per point. Slightly better than Costco but not by much.