Prevost Community Fuel Discount Program
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10-01-2014, 14:45
Post: #34
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RE: Prevost Community Fuel Discount Program
Response from PenFed. See post #30.
Thank you for contacting Pentagon Federal Credit Union. Some fuel station operators have a limit of $75.00 on Visa credit card transactions at the pump as a protective layer against fraudulent transactions. If you reach the $75.00 cap, please swipe your PenFed Visa credit card again and resume fueling. PenFed's Visa Platinum Cash Rewards program provides cardholders with a cash back credit for fuel transactions at the pump. The cash back reward is determined by the Merchant Category Code submitted with the charge. A Merchant Category Code of 5542 signifies AUTOMATED FUEL DISPENSE and qualifies for the cash back reward. There is no limit to the amount of gas you can pump in a single transaction if you pay inside the station; however, if you pay inside and/or the merchant uses any other code, you will not receive the cash back reward. Unfortunately we are unable to determine at this time if the specified gas stations use the appropriate Merchant Category Code. Also, as of October 26, 2013, the cash reward for gasoline purchases was reduced from 5% to 3% of the total transaction amount for Standard VISA Cash Rewards accounts. VISA Cash Reward Plus accounts continue to earn the 5% cash rewards. To have the account converted to a Plus account you can obtain any of the following qualifying PenFed products: ? Active checking account with direct deposit ($250 min.) ? Money Market Certificate or IRA Certificate ? Mortgage ? Installment loan* ? Equity Loan or Equity Line of Credit with a balance ? Thrifty Credit Service ? Personal Line of Credit ? Education Line of Credit ? Money Market Savings Account * Installment loans include auto loans, boat loans, motorcycle loans, travel trailer loans, personal and educational loans. Note: Credit Cards and unsecured lines of credit are not qualifying PenFed products. Note: Once a cardholder has achieved the Plus account it will not be down-graded to a Standard account. If you need further assistance, please contact us. Sincerely, Ashley Johnson Pentagon Federal Credit Union Curt Sprenger 1987 PT38 "MacAttack Racing" Anaheim Hills, CA cosresources@gmail.com |
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