The PenFed Power Cash Rewards Visa is a 1.5% cash back card offered by Pentagon Federal Credit Union (PenFed). It an easy to use card that has straightforward redemptions. It's the only cash back credit card that PenFed offers, but it can still act as a back up to other PenFed Point earning Credit Cards that such as the PenFed Platinum Rewards Visa Signature Card that earns 5x PenFed Points on gas and 3x on groceries.
|Authorized User Fee|
|Foreign Transaction Fee|
The PenFed Cash Rewards Visa Signature Card does not feature any bonus categories and instead earns a flat amount of cash back. You'll earn an unlimited 1.5% cash back on all eligible purchases ran through the card. PenFed Honors Advantage Members will earn 2% cash back on all eligible purchases.
- 1.5%-2% All Purchases
- PenFed Honors Advantage Members will receive 2%; all other members will earn 1.5%.
- PenFed Honors Advantage Members:
- Must have and maintain a PenFed Access America Checking Account
- -OR- the primary or joint applicant must have Military service (active duty, reserve, honorably discharged, or retired).
Sign Up Bonus
The PenFed Power Cash Rewards Visa sign up bonus is a $100 statement credit when you spend $1,500 in the first 90 days. That's an okay sign up bonus. The PenFed Power Cash Rewards Visa card is also known to have a 0% APR promo period for balance transfers as well.
There is no annual fee for the PenFed Power Cash Rewards Visa Card. You will always earn a 1.5% return when using this card.
Authorized User Fee
The PenFed Power Cash Rewards Card does not have a fee associated with adding additional cardholders.
Foreign Transaction Fee
There is no foreign transaction fee for using the PenFed Power Cash Rewards Visa internationally. That makes this a good card if you're looking to earn 1.5%-2% cash back worldwide.
You can use the rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on the value of the rewards earned and how much each benefit is worth to you, minus the annual fees. You can click the Compare A Card button to compare this card side by side any other card featured on the site within the same calculator.
Note! All category spend entered in the primary card's column (first column when comparing cards) will carry over to all credit card calculators on the site. This means you will not have to re-enter the same information again and again when browsing during the session.