Credit Cards»Visa Credit Cards»PenFed Power Cash Rewards Visa Signature® Card
PenFed Power Cash Rewards Visa Signature® Card
Partner Offer

PenFed Power Cash Rewards Visa Signature® Card

Our rating:4.1 Our writers, editors and industry experts score credit cards based on a variety of factors including card features, bonus offers and independent research. Credit card issuers have no say or influence on how we rate cards. The score seen here reflects the card's primary category rating. For more information, you can read about how we rate our cards.

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Apply now at Pentagon FCU's secure site
Intro Bonus
$100$100 statement credit after spending $1,500 in purchase transactions within the first 90 days of account opening
Reward Rates
2%2% cash back on all purchases through the PenFed Honors Advantage program
1.5%1.5% unlimited cash back on all purchases
Balance Transfers Intro APR
Purchases Intro APR
Regular APR
14.99% - 17.99% Variable
Annual Fee


  • Rate and offers current as of January 1, 2022 and subject to change.
  • $100 statement credit after spending $1,500 in purchase transactions within the first 90 days of account opening
  • 2% cash back on all purchases through the PenFed Honors Advantage program. 1.5% unlimited cash back on all purchases. Flexible cash redemption options (Power Cash statement credit or cash-out to a checking or savings account). No caps, limits or category restrictions on cash rewards.
  • No annual fee
  • No foreign transaction fees
  • No cash advance fee
  • Chip and Contactless 'Tap to Pay' enabled for added security, ease and convenience at the point of sale
  • Click and Pay eligible, via Secure Remote Commerce, so you can enjoy easy and secure online buying checkout
  • Digital wallet capable
  • Purchase variable rate as low as 14.99% APR
  • 0% promotional rate for 12 months on balance transfers made between now and March 31, 2022. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. 3% balance transfer fee per transaction. 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.
  • Cash Advance APR 17.99%


  • Auto Rental Insurance
    Auto Rental Insurance
  • Balance Transfer
    Balance Transfer
  • Cash Back
    Cash Back
  • Concierge Service
    Concierge Service
  • EMV
  • Extended Warranty Program
    Extended Warranty Program
  • Lost Luggage Reimbursement
    Lost Luggage Reimbursement
  • Mobile Pay Ready
    Mobile Pay Ready
  • No Annual Fee
    No Annual Fee
  • No Foreign Transaction Fees
    No Foreign Transaction Fees
  • Purchase Protection
    Purchase Protection
  • Rewards
  • Roadside Assistance
    Roadside Assistance
  • Travel Accident Insurance
    Travel Accident Insurance
  • Travel Assistance
    Travel Assistance
  • Unsecured credit card
    Unsecured credit card
  • Visa Signature®
    Visa Signature®
  • Zero Fraud Liability
    Zero Fraud Liability

Staff Review

Editor's Rating:

4.1 out of 5

Our take: The PenFed Power Cash Rewards Visa Signature card awards 2 percent cash back, but only PenFed members can apply.

Read full review

All reviews are prepared by staff. Opinions expressed therein are solely those of the reviewer. The information, including card rates and fees, presented in the review is accurate as of the date of the review.