The $18 billion Pentagon Federal Credit Union has begun issuing credit cards on behalf of the popular investment advice firm Motley Fool, according to an Aug. 28 advertisement for the card.
The new card, dubbed the Motley Fool PenFed Platinum Cash Rewards Visa Card, will offer cardholders the ability apply the cash back they earn toward their balance each month. Originally announced last year, the card will also not cap the rewards points cardholders can earn.
In addition, the email promised a $50 credit to new cardholders who responded to the email offer.
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