Target REDcard vs PenFed Platinum Rewards Visa Signature

Product Comparison
January 18, 2021

PenFed Platinum Rewards Visa Signature vs Target REDcard: Side-by-Side Comparison

Compare any two products
vs
PROS
  • No significant advantages
CONS
PROS
CONS
  • No significant cons
Target REDcard vs. PenFed Platinum Rewards Visa Signature: Side-by-Side Comparison
Winner
Target REDcard
Criteria
PenFed Platinum Rewards Visa Signature
Winner
3.9
Overall Score
Overall Score
4.6
Overall Score
0.0 stars – View deals >
Pricing
0.0 stars – View deals >
5.0 stars – 2 reviews
5.0 stars – 1 review
5.0 stars – 2 reviews
5.0 stars – 1 review
4.3 stars – 3 reviews
Additional Bonuses
4.0 stars – 1 review
4.0 stars – 2 reviews
4.0 stars – 1 review
5.0 stars – 1 review
Security Features
5.0 stars – 1 review
1.0 stars – 1 review
Cash Advance Cost
5.0 stars – 1 review
1.0 stars – 1 review
4.5 stars – 2 reviews
3.0 stars – 1 review
Return Check Fee
3.0 stars – 1 review
1.0 stars – 1 review
Damage and Loss Protection
4.0 stars – 1 review
1.0 stars – 1 review
Extended Warranty Protection
5.0 stars – 1 review
2.0 stars – 1 review
Foreign Transaction Costs
5.0 stars – 1 review
3.0 stars – 1 review
Contactless Payment
3.0 stars – 1 review
1.0 stars – 1 review
Debt Transfer Fees
2.0 stars – 1 review
2.0 stars – 1 review
Card Quality
0.0 stars – 0 reviews
Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals

Target REDcard vs. PenFed Platinum Rewards Visa Signature: Comparison Details

Best Cost – Tie
5.0 stars

For the perks that you get as a Target customer, this is a great card because there is no annual fee.

Last reviewed January 20, 2020. Read all 2 no annual fee reviews.

5.0 stars

Yes, PenFed Platinum Rewards Visa Signature does offer no annual fee. You can find additional information about PenFed Platinum Rewards Visa Signature's cost on their customer service page here. You can also visit their homepage to see if PenFed Platinum Rewards Visa Signature has posted additional information on their cost.

Last reviewed February 4, 2020. Read 1 no annual fee review.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Rewards – Tie
5.0 stars

While you do have perks with the Target REDcard, you don't earn any points that can be redeemed for rewards, so that makes it less desirable than a lot of cards that have similar benefits but better rewards programs.

Last reviewed January 20, 2020. Read all 2 sign up bonus reviews.

5.0 stars

Yes, PenFed Platinum Rewards Visa Signature does offer sign up bonus. You can find additional information about PenFed Platinum Rewards Visa Signature's rewards on their customer service page here. You can also visit their homepage to see if PenFed Platinum Rewards Visa Signature has posted additional information on their rewards.

Last reviewed February 4, 2020. Read 1 sign up bonus review.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Additional Bonuses – Winner: Target REDcard
4.0 stars

5% discount on all eligible Target purchases, 10% discount coupon each year on your card anniversary, 30 extra days for returns, The downside is, is that there is no rewards program for this card.

Last reviewed January 20, 2020. Read all 4 perks reviews.

4.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of perks relative to other credit card stores.

One reviewer on nerdwallet.com said PenFed Platinum Rewards Visa Signature performs well on perks relative to its peers. You can read the full review here. Here's a brief quote from this review:

The PenFed Platinum Rewards Visa Signature® Card comes with a sign-up bonus: $100 bonus after spending $1,500 in purchase transactions within the first 90 days of account opening.

Based on a review posted on thebalance.com, PenFed Platinum Rewards Visa Signature was rated as fairly average for perks relative to competing credit card stores. Check out the entire review here. Here's a brief quote from this review:

If you use your card to cover the cost of a trip, this accidental death and dismemberment coverage benefit may apply if there’s an incident while you’re traveling. The benefit is as high as $250,000 and covers you, your spouse, and unmarried dependents.

Learn more at the company's website.

You can also check out the top 10 credit card stores for perks, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed November 26, 2019. Read 1 perks review.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best APR – Tie
4.0 stars

The ongoing APR is 25.15% Variable. I'm lucky where I don't carry a balance on my card, but if you do, the charges could start to snowball and you could end up paying a lot more than the benefits of the card give you are worth.

Last reviewed January 20, 2020. Read all 3 interest rates reviews.

4.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of APR relative to other credit card stores.

One reviewer on creditcardinsider.com said PenFed Platinum Rewards Visa Signature performs well on APR relative to its peers. You can read the full review here. Here's a brief quote from this review:

Like other PenFed credit cards, the Platinum Rewards provides low interest rates in accordance with credit union regulations.

One reviewer on thebalance.com said PenFed Platinum Rewards Visa Signature performs well on APR relative to its peers. You can read the full review here. Specifically, this reviewer pointed out the following:

Plus, the card has one of the lower interest rates available and minimal fees.

Based on a review posted on mybanktracker.com, PenFed Platinum Rewards Visa Signature was rated as fairly average for APR relative to competing credit card stores. Check out the entire review here. From this review:

Not only do they tend to offer better rates on savings and charge less in interest for loans, but some of them also have great credit card rewards programs.

Learn more at the company's website.

You can also check out the top 10 credit card stores for APR, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 interest rates reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Security Features – Tie
5.0 stars

Based on reviews posted on popular review sites as well as from Target REDcard's website, Target REDcard performs very well in terms of security features relative to other credit card stores.

Based on information published by Target REDcard, they have excellent support for security features on a page posted on their website. Here's a snippet from the information published on their site:

Target takes a proactive approach to fighting fraud and identity theft. If a transaction or RedCard (Target Mastercard, Target Credit Card or Target Debit Card) application looks suspicious, we may call you to verify that you have authorized the application or transaction. For some online account changes or other changes to your RedCard account, you may be prompted to provide additional information about yourself, your account or your RedCard. This helps reduce the risk of fraud and the possibility of identity theft.

The review site thefinancebuff.com gives Target REDcard excellent ratings for security features in a review posted on its website. From this review:

Target RED Card debit cards saw zero fraud because they must use a PIN. Other cards would be made more secure if they also must use a PIN. Unfortunately those other cards all allow charging without a PIN.

Learn more at the company's website.

You can also check out the top 10 credit card stores for security features, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 fraud protection reviews.

5.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of security features relative to other credit card stores.

Based on information published by PenFed Platinum Rewards Visa Signature, they have excellent support for security features on a page posted on their website. Specifically, their website provides the following information:

PenFed Credit and Debit cards now come with built-in chip technology. This gives you greater fraud protection when you use your card at a chip-enabled terminal.

One reviewer on supermoney.com said PenFed Platinum Rewards Visa Signature performs well on security features relative to its peers. You can read the full review here. Here's a brief quote from this review:

Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.

Learn more at the company's website.

You can also check out the top 10 credit card stores for security features, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 fraud protection reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Cash Advance Cost – Winner: PenFed Platinum Rewards Visa Signature
1.0 stars

Based on reviews from trusted online sites, combined with information from Target REDcard's website, it appears that Target REDcard performs performs below average in terms of cash advance cost when compared to other credit card stores.

Based on one review posted on moneycrashers.com, it appears that Target REDcard received poor ratings for cash advance cost. See the full review here. Here's a brief quote from this review:

No Balance Transfers or Cash Advances. You can’t make balance transfers or draw cash advances with your Target REDcard. That’s a drawback relative to most cash back credit cards, including Chase Freedom.

Based on one review posted on wallethub.com, it appears that Target REDcard received poor ratings for cash advance cost. See the full review here. Specifically, this reviewer pointed out the following:

You can't get cash advances with your Target Credit Card, unless you have been upgraded to the Mastercard version, which you can use anywhere that takes Mastercard, including virtually all ATMs. You can’t apply for that card directly. Once you have the Target REDcard Credit Card, it might be offered to you as an upgrade.

Learn more at the company's website.

You can also check out the top 10 credit card stores for cash advance cost, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 cash advance fees reviews.

5.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of cash advance cost relative to other credit card stores.

One reviewer on creditcards.com said PenFed Platinum Rewards Visa Signature performs well on cash advance cost relative to its peers. You can read the full review here. Specifically, this reviewer pointed out the following:

For example, it doesn’t charge a foreign-transaction or cash advance fee and it keeps the card’s late fees and penalty APR relatively low.

The review site finder.com gives PenFed Platinum Rewards Visa Signature excellent ratings for cash advance cost in a review posted on its website. From this review:

This is a rare rewards card that doesn’t charge a fee on cash advances. You might pay up to 5% on each cash advance with other cards.

One reviewer on thebalance.com said PenFed Platinum Rewards Visa Signature performs well on cash advance cost relative to its peers. You can read the full review here. From this review:

There is also no cash advance fee and the APR on cash advances is just as low as the APR on purchases.

Learn more at the company's website.

You can also check out the top 10 credit card stores for cash advance cost, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 cash advance fees reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Late Fees – Winner: PenFed Platinum Rewards Visa Signature
1.0 stars

Based on reviews from trusted online sites, combined with information from Target REDcard's website, it appears that Target REDcard performs performs below average in terms of late fees when compared to other credit card stores.

Based on one review posted on upgradedpoints.com, it appears that Target REDcard received poor ratings for late fees. See the full review here. Here's a brief quote from this review:

Target states users will pay a late fee of $24 when any amount due remains unpaid after the payment due date. All subsequent late fees will be $38 until you reach the minimum required payment by the due date for 6 consecutive billing periods.

Based on one review posted on magnifymoney.com, it appears that Target REDcard received poor ratings for late fees. See the full review here. From this review:

Late payment fees run up to $38. Returned payment fees run up to $27. If you miss a payment, are late on a payment, or only pay the minimum balance, your 5% savings will be automatically negated.

Learn more at the company's website.

You can also check out the top 10 credit card stores for late fees, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 late payment fees reviews.

5.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of late fees relative to other credit card stores.

The review site finder.com gives PenFed Platinum Rewards Visa Signature excellent ratings for late fees in a review posted on its website. Specifically, this reviewer pointed out the following:

You’ll pay a fee of up to $25 on late payments. And if you don’t pay at least your monthly statement’s minimum, you may be stuck with a 17.99% variable penalty APR. Other cards apply penalty APRs of 30% for 12 months or more after a single late payment.

One reviewer on thebalance.com said PenFed Platinum Rewards Visa Signature performs well on late fees relative to its peers. You can read the full review here. Here's a brief quote from this review:

This card doesn’t charge an annual fee or foreign transaction fee, which means you can avoid fees completely, depending on how you use the card. Even its late fees are more reasonable than many ($10-$25, depending on your balance).

Learn more at the company's website.

You can also check out the top 10 credit card stores for late fees, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 3 late payment fees reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Return Check Fee – Tie
3.0 stars

Based on ratings published by trusted online review sites as well as information from Target REDcard's website, Target REDcard performs average to better than average in terms of return check fee compared to other credit card stores.

Based on a review posted on investopedia.com, Target REDcard was rated as fairly average for return check fee relative to competing credit card stores. Check out the entire review here. Specifically, this reviewer pointed out the following:

There is also a late payment fee of up to $38 and a return payment fee of $27.

Based on a review posted on smartasset.com, Target REDcard was rated as fairly average for return check fee relative to competing credit card stores. Check out the entire review here. From this review:

Returned Payment: Up to $28

Based on a review posted on finder.com, Target REDcard was rated as fairly average for return check fee relative to competing credit card stores. Check out the entire review here. Specifically, this reviewer pointed out the following:

Late payments come with fees of up to $39 and returned payments have fees of up to $28.

Learn more at the company's website.

You can also check out the top 10 credit card stores for return check fee, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 returned payment fees reviews.

3.0 stars

Based on ratings published by trusted online review sites as well as information from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs average to better than average in terms of return check fee compared to other credit card stores.

Based on a review posted on mybanktracker.com, PenFed Platinum Rewards Visa Signature was rated as fairly average for return check fee relative to competing credit card stores. Check out the entire review here. From this review:

There’s no overlimit fee but if your payment is returned, a $25 charge applies.

Learn more at the company's website.

You can also check out the top 10 credit card stores for return check fee, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 returned payment fees reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Damage and Loss Protection – Winner: PenFed Platinum Rewards Visa Signature
1.0 stars

Based on reviews from trusted online sites, combined with information from Target REDcard's website, it appears that Target REDcard performs performs below average in terms of damage and loss protection when compared to other credit card stores.

Based on one review posted on target.com, it appears that Target REDcard received poor ratings for damage and loss protection. See the full review here.

Learn more at the company's website.

You can also check out the top 10 credit card stores for damage and loss protection, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 purchase protection reviews.

4.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of damage and loss protection relative to other credit card stores.

One reviewer on supermoney.com said PenFed Platinum Rewards Visa Signature performs well on damage and loss protection relative to its peers. You can read the full review here. From this review:

Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.

Learn more at the company's website.

You can also check out the top 10 credit card stores for damage and loss protection, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 purchase protection reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Extended Warranty Protection – Winner: PenFed Platinum Rewards Visa Signature
1.0 stars

Based on reviews from trusted online sites, combined with information from Target REDcard's website, it appears that Target REDcard performs performs below average in terms of extended warranty protection when compared to other credit card stores.

Based on one review posted on birchfinance.com, it appears that Target REDcard received poor ratings for extended warranty protection. See the full review here.

Learn more at the company's website.

You can also check out the top 10 credit card stores for extended warranty protection, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 extended warranty protection reviews.

5.0 stars

Based on reviews posted on popular review sites as well as from PenFed Platinum Rewards Visa Signature's website, PenFed Platinum Rewards Visa Signature performs very well in terms of extended warranty protection relative to other credit card stores.

The review site creditcardinsider.com gives PenFed Platinum Rewards Visa Signature excellent ratings for extended warranty protection in a review posted on its website. From this review:

Get discounts from select retailers both online and in store, plus enjoy purchase protection and extended warranty protection whenever you shop with the card.

One reviewer on creditcards.com said PenFed Platinum Rewards Visa Signature performs well on extended warranty protection relative to its peers. You can read the full review here. From this review:

No foreign-transaction fees, extended warranty, purchase security, travel discounts and upgrades, special access to dining and entertainment events, concierge service, shopping discounts, emergency card services, roadside dispatch, travel and emergency assistance services, car rental insurance

One reviewer on supermoney.com said PenFed Platinum Rewards Visa Signature performs well on extended warranty protection relative to its peers. You can read the full review here. Specifically, this reviewer pointed out the following:

Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.

Learn more at the company's website.

You can also check out the top 10 credit card stores for extended warranty protection, or the overall best-performing credit card stores on our main review grid.

Looking for PenFed Platinum Rewards Visa Signature coupons? Check out the latest deals here. Want more reviews on PenFed Platinum Rewards Visa Signature? Read a more in-depth review of PenFed Platinum Rewards Visa Signature on this page.

Last reviewed February 4, 2020. Read all 2 extended warranty protection reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Foreign Transaction Costs – Winner: PenFed Platinum Rewards Visa Signature
2.0 stars

Unfortunately, Target REDcard does not currently offer no foreign transaction fees. You can also visit Target REDcard's foreign transaction costs customer FAQ page to see if they've provided any additional information on this topic. We also recommend checking their homepage to see if they've posted any more updated information on their foreign transaction costs.

Last reviewed January 18, 2021. Read 1 no foreign transaction fees review.

5.0 stars

Yes, PenFed Platinum Rewards Visa Signature does no foreign transaction fees. You can find additional information about PenFed Platinum Rewards Visa Signature's foreign transaction costs on their customer service page here. You can also visit their homepage to see if PenFed Platinum Rewards Visa Signature has posted additional information on their foreign transaction costs.

Last reviewed February 4, 2020. Read all 2 no foreign transaction fees reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Contactless Payment – Tie
3.0 stars

Based on our research, it appears that Target REDcard may not offer tap to pay at the current time. You may be able to find additional information about Target REDcard's contactless payment on their customer service page or FAQ here. You can also visit their homepage to see if Target REDcard has posted any updated information about their contactless payment.

Last reviewed January 18, 2021. Read 1 tap to pay review.

3.0 stars

Based on our research, it appears that PenFed Platinum Rewards Visa Signature may not tap to pay at the current time. You may be able to find additional information about PenFed Platinum Rewards Visa Signature's contactless payment on their customer service page or FAQ here. You can also visit their homepage to see if PenFed Platinum Rewards Visa Signature has posted any updated information about their contactless payment.

Last reviewed February 4, 2020. Read all 2 tap to pay reviews.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals
Best Debt Transfer Fees – Winner: PenFed Platinum Rewards Visa Signature
1.0 stars

Based on reviews from trusted online sites, combined with information from Target REDcard's website, it appears that Target REDcard performs performs below average in terms of debt transfer fees when compared to other credit card stores.

Based on information pulled from their own site, it appears that Target REDcard seems to have poor support for debt transfer fees. See the full page here. Specifically, their website provides the following information:

Transfer Intro APR: Not Offered

Learn more at the company's website.

You can also check out the top 10 credit card stores for debt transfer fees, or the overall best-performing credit card stores on our main review grid.

Looking for Target REDcard coupons? Check out the latest deals here. Want more reviews on Target REDcard? Read a more in-depth review of Target REDcard on this page.

Last reviewed February 5, 2020. Read all 2 balance transfer fees reviews.

2.0 stars

Unfortunately, PenFed Platinum Rewards Visa Signature does not currently balance transfer fees. You can also visit PenFed Platinum Rewards Visa Signature's debt transfer fees customer FAQ page to see if they've provided any additional information on this topic. We also recommend checking their homepage to see if they've posted any more updated information on their debt transfer fees.

Last reviewed February 4, 2020. Read 1 balance transfer fees review.

Target REDcard
   
View deals
PenFed Platinum Rewards Visa Signature
   
View deals