Penfed Visa: 5%/1.25%

[sweeps]

Have seen this on several sites...

The PenFed (Pentagon Federal Credit Union) Visa pays 5% cash back at gas stations and 1.25% at all other merchants. The cash back is credited monthly.

If you're not a member of PenFed, you can pay a one-time fee of $20 to the National Military Family Association to earn PenFed membership.

[sweeps]

Re: Penfed Visa: 5%/1.25%

By the way, PenFed membership makes you eligible for their very competitive rates on other products. Currently a 3-year or longer CD earns 6.25%. Auto loans are as low as 5.49%.