PenFed Power Cash Rewards Visa Signature® Card
A cash back card for general spending, which offers either 2% (if you're a PenFed Honors Advantage Member, i.e., if you have a PenFed checking account or have served in the military) or 1.5% cash back on all spending, plus a $100 signup bonus (after spending $1,500 w/in 90 days), with no annual fee.
Your total savings: $1,575 over the next 5 years
View reward detailsRewards & Perks
Reward Highlights
- 2% cash back on all spending if you're a PenFed Honors Advantage Member (i.e., if you have a PenFed checking account or have served in the military). Otherwise: 1.5% cash back on all spending.
- $100 signup bonus (after spending $1,500 in the first 90 days).
Rates & Fees
Summary of Rates & Fees
- Annual fee: $0
- Purchase APR: 15.99-17.99% (variable)
Annual Fee: $0
Interest Rate (“Purchase APR”): 15.99-17.99% (variable)
Other Info
Official Card Description (from card issuer)
- Earn Cash Back for Everyday Purchases
- No Caps. No Limits. No Gimmicks.
- 2% Cash Back** on all purchases for PenFed Honors Advantage Membersƚƚ
- 1.5% Cash Back** on all purchases made with your card
- $100 Bonus Offer Statement Creditƚ When you spend $1,500 in the first 90 days
- 0% Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval.
- Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. On transfers made from now until September 30, 2022. After that, the APR for the unpaid balance and any new balance transfers will be 17.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
- Annual Fee: $0
- Purchase Variable APR*: 15.99% to 17.99%
- Refer to PenFed.org for Terms/Conditions
Date Last Updated: 2022-04-26
Summary of Penalty Conditions
If your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable Penalty APR. The Penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.
Similar Cards
