The Ultimate Guide to Credit Cards
Tuesday, February 7, 2023

PenFed Power Cash Rewards Visa Signature® Card

► 2023 Review, Application & Rates

"This is a solid cash back card akin to other 1.5% and 2% cash back offerings, but the low purchase APR and fees put this one ahead of similar cards from big banks for those who qualify."
- Toby Sembower,
Advertiser Disclosure
PenFed Power Cash Rewards Visa Signature® Card Review

at the issuer'ssecure website





  • Earn 1.5% cash back on all purchases with no caps or limits. PenFed Honors Advantage Members earn 2% cash back on all purchases.
  • $100 bonus offer statement credit when you spend $1,500 in the first 90 days of account opening.
  • Introductory Balance Transfer APR for 12 months, 3% fee applies to each transaction. Subject to credit approval.
  • Your PenFed signature card provides a complimentary concierge* service that can help you enjoy the things you love. Simply pick up the phone to call Visa Signature Concierge.
  • Credit union membership is open to everyone.
  • $0 Annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 Months
16.49% - 17.99% Variable
Good to Excellent

Interest Rate

Annual Fee

Credit Needed

Our Ratings By Category

0% Balance Transfer
(Ranked #18 out of 19)
Best Overall
(Ranked #33 out of 148)
Cash Back
(Ranked #26 out of 50)
Excellent Credit
(Ranked #44 out of 63)
Good Credit
(Ranked #21 out of 56)
(Ranked #8 out of 39)

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