PenFed Power Cash Rewards Visa Signature® Card

Highlights

• Rate and offers current as of January 1, 2021 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, 2021. 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%