Why we like it: Cash back for gas guzzlers
The rewards on this credit union card are hard to beat, especially if you're a road warrior. Earn 5% back on all gas purchases, 2% on supermarket purchases, and 1.25% on everything else. You must join the credit union to apply, but if you don't meet
membership requirements, you can join the National Military Family Association -- open to anyone -- for a one-time fee of $20. PenFed is also promoting a great balance transfer for life rate -- 2.99%. (Balance transfer fees are 2.5% of the loan, capped at $100.)
Interest rate: 13.99%
Grace period: 25 days on average
(
www.penfed.org, 800-247-5626)
NEXT: Clear from American Express