Purdue Federal Cash Rewards
Get cash back from Visa purchases, redeem points easily and support university organizations with cash rewards.
Get cash back for the things you already buy
Everyone likes extra cash. Especially when it's this easy to earn. Just make regular use of your Purdue Federal Visa Credit Card. With each purchase, you automatically pile up points. Keep track of them in digital banking. When you have enough, you can instantly funnel cash into your accounts, or donate it to the Purdue Alumni Association or John Purdue Club.
Rewards Program Features
- All Purdue Federal Visa® Credit Cards are automatically enrolled in the Cash Rewards program
- No category restrictions
- Earn extra points through your My Member Perks ® status
- Cash can be deposited into your savings or checking accounts, or donated to the Purdue Alumni Association or John Purdue Club
- Your cash deposit or donation occurs instantly - with no fees
- Rewards points earned by all credit cards on the same account will be automatically combined and available for redemption
- Watch for special offers to earn extra promo points
How to Redeem Points
- To redeem points, log in to Digital Banking on your desktop or the mobile app
- You can begin redeeming cash when you've amassed 2,500 points, which are worth $25
Purdue Federal Credit Union serves members worldwide and operates branches throughout Greater Lafayette, Crown Point and La Porte, Indiana.
FAQs
Purdue Federal Cash Rewards is a cash back only program for our Visa credit cardholders. You can redeem credit card rewards points as instant cash back into your checking or savings account, or as a donation to Purdue for Life (formerly Purdue Alumni Association) or John Purdue Club. Rewards points earned by all credit cards on the same account will be automatically combined and available for redemption through digital banking. Learn more.
My Member Perks is a program that continuously rewards you for your trust and loyalty to Purdue Federal Credit Union. Your entire relationship with the credit union qualifies you for a Bronze, Silver, Gold or Diamond Status based off the products and services you use. Each status offers a variety of perks designed for members at all stages of life. Perks include free checking, a monthly cash giveback, money saved on loan rates and more!
Instantly! As long as you choose the cash back option, your money will show up in your checking or savings account as soon as you click “Submit”. If you choose instead to make a donation to the John Purdue Club or Purdue Alumni Association, your points will be deducted immediately from your account. Purdue Federal Credit Union will send a check to the John Purdue Club or Purdue Alumni Association in your name within 30 days of your point redemption.
The cash redemption will be credited to your primary checking or savings account. You can choose which account you prefer when you redeem your points.19.d
Rewards points have no expiration based on accrual date; however, any points remaining on an account after 48 months of no card activity (i.e. no transactions and no payments) will be forfeited.19.d
Yes, if you are the owner on two accounts with credit cards you may combine the points from the two accounts. In order to combine your points, please call our contact center at 800.627.3328 (toll free) or 765.497.3328 before redemption.19.d
Yes, all of the credit cards under one account number will automatically have points combined.19.d
With the new Cash Rewards program, your rewards points are connected to your credit card account, not your physical card number, so you never lose your points or need to have them transferred – even if your card is blocked, lost or stolen.19.d
If you return an item you will lose the points you earned when you purchased that item.19.d
You will receive your My Member Perks Credit Card Perk Points immediately.19.d
If you do not redeem your points before you close your account, your points will be forfeited.19.d
Helpful Resources
Would recommend to a friend
Thanks for the update to be able to redeem points from the account summary screen. Everything was fast and easy. It is SOOO much easier than logging in to a third party web site and waiting days for my account credit.
Member since 2003
Lafayette, IN
Would recommend to a friend
I really enjoy the updated rewards program! The old program could take a couple of weeks to get the Cash Rewards and you had to keep going back and forth between the cart and the pre-selected amounts to redeem all of your points if you had over $250.00 worth. This is simple, easy and fast. I love the upgrade!
Member since 2010
Would recommend to a friend
Cash back on the VISA account is the best thing since sliced bread! Easy to do online and it posts right away! I lived in Lafayette for many years and moved a few years ago. I kept PFCU as my bank after moving! Love it!
Member since 1987
Valparaiso, IN
Would recommend to a friend
I love this new system of redeeming points!! It is so much easier to use and you get your rewards SO much faster! Plus, have the accumulation of all accounts & having access within the Online Banking portal, WIN in my book. Now I don't have to guess what my points are!
Member since 2007
Virginia Beach, VA
The Cash Rewards are ok, but likely just provided to counteract the terrible customer service that PEFCU provides. Just go somewhere else and get better service, I'll likely switch over to USAA. Been a member for 8 years but I suppose that means nothing to them.
Member since 2008
Would recommend to a friend
The new Cash Rewards feature is incredibly easy to use. It is extremely intuitive, and took just a couple of clicks and the cash immediately appeared in my account. It took less than 60 seconds from login to seeing cash in my account. Easy!
Member since 1989
West Lafayette, IN
Would recommend to a friend
We really like the new Cash Rewards Program. This is so much easier. We like that when we log into our account; we can see our Cash Rewards account on the summary page. And can do business without going to another website, and having another password or user ID. We definitely like the new way better! Thank you!
Member since 1975
Lafayette, IN
Would recommend to a friend
Excellent, fast, and great, I can see rewards build from the main menu! Thanks to all for bringing this to us!!!! Member type..was staff but keeping my banking needs at [Purdue Federal]...
Member since 1977
Lafayette, IN
Would recommend to a friend
I love to use the Purdue Fed Visa card because of the cash back rewards program! It is nice to know that I am making money even when I'm spending money! Getting cash back is always exciting and especially nice around the holidays!
Member since 2008
Attica, IN
Would recommend to a friend
I had not tried to redeem them because I did not know how----my husband told me how to do it and I was happy to have some additional cash. THANKS for the nice suprise.
Member since 1977
Huntsville, AL WISH I WAS STILL IN LAFAYETTE
Would recommend to a friend
This Cash Rewards program is absolutely great! I was thrilled to find that our own bank offered one of the best Cash Rewards programs out there! Since we already had credit cards, all we had to do was start using them again. It is very easy to redeem the cash and I found some interesting services that are offered when I was trying to maximize our membership status. I would highly recommend this credit card program.
Member since 2007
Lafayette, IN
Write a Review
14.c For complete details, please view our Visa Business Cardholder Agreement, Visa Business Cardholder Benefits and Cash Rewards Terms & Conditions for full disclosures.
19.d See complete Cash Rewards Terms & Conditions for more details.