AT&T Points Plus® Card from Citi vs PenFed Platinum Rewards Visa Signature® Card
Side-by-side comparison
| AT&T Points Plus® Card from Citi | PenFed Platinum Rewards Visa Signature® Card | |
|---|---|---|
| Annual fee | No annual fee | No annual fee |
| Welcome offer | $200 statement credit | 15,000 bonus points |
| Dining | 1x | 3x |
| Groceries | 2x | 3x |
| Gas | 3x | 5x |
| Travel | 1x | 1x |
| Streaming | 1x | 3x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $395 | $570 |
| Points type | Cash back only | Cash back only |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | AT&T Points Plus® Card from Citi | PenFed Platinum Rewards Visa Signature® Card |
|---|---|---|
| Welcome bonus | $200 statement credit | 15,000 bonus points |
| To earn it | $1,000 in the first 3 months | $1,500 in 90 days |
| Est. first-year value* | $835 | $720 |
| Est. ongoing value / yr* | $635 | $570 |
The AT&T Points Plus® Card from Citi wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | AT&T Points Plus® Card from Citi | PenFed Platinum Rewards Visa Signature® Card |
|---|---|---|
| Lounge access | None | None |
| Annual credits | ~$240/yr (1 credits) | None |
| Points & redemptions | Cash back only | Cash back only |
On perks and redemptions, the AT&T Points Plus® Card from Citi carries the heavier credit stack (about $240 a year). Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
Neither card earns transferable points, so redemptions are cash-back or fixed portal value on both, roughly a cent per point. There is no airline or hotel transfer angle to separate them.
The verdict
On a typical year of household spending, the AT&T Points Plus® Card from Citi earns about $395 a year in rewards and the PenFed Platinum Rewards Visa Signature® Card about $570, valuing every point at a flat 1 cent. The AT&T Points Plus® Card from Citi has no annual fee, so its rewards are all profit. The PenFed Platinum Rewards Visa Signature® Card has no annual fee, so its rewards are all profit. Counting rewards and any credits, the PenFed Platinum Rewards Visa Signature® Card delivers more total value, about $55 a year more for a typical spender, mostly because it earns more where you spend most, on groceries and dining. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the AT&T Points Plus® Card from Citi currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the PenFed Platinum Rewards Visa Signature® Card if your spending leans toward dining, groceries, gas.