THE CARDTUNED DATABASE
PenFed Power Cash Rewards Visa Signature
Issuer: PenFed Credit Union · Network: Visa
Unlimited 2% cash back on all purchases for Honors Advantage members; unlimited 1.5% cash back for other members.
- Annual fee
- $0
- Foreign transaction fee
- None
- Intro APR
- 0% introductory APR for 12 months on qualifying balance transfers; transfer fee applies.
- Regular APR
- 17.99% variable APR
Full card review date:
This date covers the full card review. Individual terms may have been checked separately afterward; see dates noted in the terms and offer below.
Current offer
$100 statement credit after $1,500 in purchases within the first 90 days.
- Spending requirement
- $1,500 in purchases
- Time window
- within the first 90 days
Offer last checked: 2026-09-04
Earning rates
Scroll the table horizontally on smaller screens.
| Category | Rate | Eligible purchases and conditions |
|---|---|---|
| Other purchases | 2% | Unlimited — cash back on all purchases for Honors Advantage members |
| Eligible purchases | 1.5% | Unlimited — cash back for other members. |
Additional benefits
• No rotating categories or rewards caps
• Rewards do not expire while the account remains open
• Redeem as statement credit or deposit to PenFed or another financial institution
Restrictions to know
2% rate requires Honors Advantage eligibility through qualifying military status or PenFed checking ownership; otherwise 1.5%. Cash advances, cash-like transactions, checks, balance transfers and account fees do not earn rewards.
Who can apply
PenFed membership/account relationship required under issuer rules.
Credit profile: Not Public / issuer underwriting applies