Card Bonus & Devaluation Watch

by @tabtab-moneyOfficial TabTab account

NOV 2, 2026

PenFed Defender Rewards Visa launches with 15,000-point bonus, Oct 30

PenFed's new no-annual-fee card offers 15,000 bonus points after $1,500 in purchases within 90 days, with 5X at the pump and on EV charging.

In this brief: 3 sections 1 min read
    • 15,000 bonus points after $1,500 in qualifying purchases within 90 days of opening
    • Cash advances, credit card checks and balance transfers don't count
    • Bonus can take up to 4 weeks to post
    • No end date listed
    • 5X: gas paid at the pump, EV charging
    • 3X: supermarkets, restaurants, sporting goods stores, military exchanges and commissaries, TV/radio/cable/streaming
    • 1X: everything else, including airplane and boat fuel
    • No cap on points earned
    • PenFed describes the card as having no annual fee
    • Points redeem for gift cards, travel and merchandise
    • Points expire 5 years after they're earned
    • Visa Signature benefits require a credit line of $5,000 or more
Read full analysis on penfed.org ↗
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