Last Updated: 10/10/2025
PenFed Power Cash Rewards Visa Signature® Card
Claimed
from PenFed Credit Union
Last Updated: 10/10/2025
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Highlights
Community Rating
Strongly recommended
Purchase APR (Variable APR)
17.99%(Verified 06/21/2024)
Disclaimer popup with additional information
Balance Transfer APR (Variable APR)
17.99%(Verified 06/21/2024)
Disclaimer popup with additional information
Credit Score Range
700 - 850
Annual Fee
$0
Number of Reviews
PenFed Power Cash Rewards Visa Signature® Card Review
This is a cashback credit card issued by PenFed Credit Union. If you're wondering whether PenFed Power Cash Rewards Visa Signature® Card is the right card for you, read on.
Key Takeaways
- 0% Intro APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for 12 months, which is the average period for 0% APR balance transfer cards.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for 12 months.
- $100 bonus offer statement credit when you spend $1,500 in the first 90 days.
- APR: This is not a great card for people who carry a balance. It has a variable regular purchase APR of 17.99%
- No annual fee. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
- A 3% balance transfer fee. PenFed Power Cash Rewards Visa Signature® Card charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, emergency support, identity theft protection, purchase security, travel accident insurance, travel assistance, and fraud protection.
- Good or excellent credit required. You will have low approval odds if your credit score is below good.
Pros & Cons of PenFed Power Cash Rewards Visa
| The Good | The Bad |
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PenFed Power Cash Rewards Visa FAQ
Does PenFed Power Cash Rewards Visa have a cash back or rewards program?
No, it does not offer a rewards program. This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Every Purchase | 2 % cash back | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- Emergency Support
- Zero fraud liability
- Travel Accident Insurance
- Travel Assistance
- Reports to major credit bureaus
What are the relevant APRs for PenFed Power Cash Rewards Visa?
According to the Federal Reserve Board, the average regular APR for accounts that carry a balance (as of November 2024) is 22.80%. This card has lower than average regular APRs.PenFed Power Cash Rewards Visa Signature® Card has a variable purchase APR of 17.99%. The card has a variable balance transfer APR of 17.99% . It also has a variable cash advance APR of 17.99% .
Note that late payments are subject to an APR of 17.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.Does PenFed Power Cash Rewards Visa have an intro APR offer on balance transfers?
Yes, it offers an intro APR rate on balance transfers of 0% for a period of 12 months.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance Transfer APR | 17.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance Transfer Introductory APR | 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance Transfer Intro APR Period | 12 months | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Balance Transfer Fee % | Starting at 3% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Does PenFed Power Cash Rewards Visa have an intro APR offer on new purchases?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Introductory Rate | 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Purchase Intro APR Period | 12 months | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This card does offer an intro APR rate of 0% on qualified purchases for a period of 12 months.
What are the fees for PenFed Power Cash Rewards Visa?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Payment Fee | Up to $25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign Currency Transaction Fee | Starting at 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Annual Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| No Foreign Transaction Fee? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| No Annual Fee? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Late Fee Amount | Up to $28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Cash Advance Fee ($) | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash Advance Fee (%) | 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.
Does PenFed Power Cash Rewards Visa have a foreign transaction fee?
This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.What is the customer service phone number for PenFed Power Cash Rewards Visa?
The customer service number for PenFed Power Cash Rewards Visa is (800) 247-5626.
What is the support contact email for PenFed Power Cash Rewards Visa?
The support contact email for PenFed Power Cash Rewards Visa is info@hq.penfed.org.
How do people rate the customer service and user experience of PenFed Power Cash Rewards Visa?
Overall, PenFed Power Cash Rewards Visa is strongly recommended based on community reviews that rate customer service and user experience.
Does PenFed Power Cash Rewards Visa Signature® Card report your account activity to credit bureaus?
Yes, PenFed Power Cash Rewards Visa Signature® Card reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does PenFed Credit Union perform a hard credit pull?
Yes, PenFed Power Cash Rewards Visa performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
How to apply for PenFed Power Cash Rewards Visa
- Visit the website of PenFed Power Cash Rewards Visa.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from PenFed Power Cash Rewards Visa
Hours of Operation
Sunday
Closed
Monday
8:00AM - 4:00PM
Tuesday
8:00AM - 4:00PM
Wednesday
8:00AM - 4:00PM
Thursday
8:00AM - 4:00PM
Friday
8:00AM - 4:00PM
Saturday
Closed
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Other Credit Cards from PenFed Credit Union
Purchase APR
17.99%
Disclaimer popup with additional information
Balance Transfer APR
17.99%
Disclaimer popup with additional information
Credit Score Range
700 - 850
300
850
Annual Fee
$0
Purchase APR
17.99%
Disclaimer popup with additional information
Balance Transfer APR
17.99%
Disclaimer popup with additional information
Credit Score Range
700 - 850
300
850
Annual Fee
$95
Purchase APR
17.99%
Disclaimer popup with additional information
Balance Transfer APR
17.99%
Disclaimer popup with additional information
Credit Score Range
700 - 850
300
850
Annual Fee
$0
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +100, or 5 on a 5-point rating scale.
+100
-1000+100
No one recommends
Everyone recommends
PenFed Power Cash Rewards Visa Signature® Card Community Reviews
Would you recommend PenFed Power Cash Rewards Visa Signature® Card to your friends?
Malliyah E.
Nov 2, 2023
May or may not recommend
The PenFed Power Cash Rewards Visa Signature® Card offers generous cash back rewards on everyday purchases. With no annual fee and a low APR, it's a great choice for those looking to maximize their rewards and save money.
U
Anonymous
Aug 26, 2023
May or may not recommend
My name is David and I will send the next few days and times
Nikita
Aug 8, 2023
May or may not recommend
Its offering an impressive unlimited 2% cash back on all purchases and no annual fee.
MR
Melanie R.
Jul 19, 2023
May or may not recommend
As a young adult stepping into the world of independent finances, PenFed Credit Union has emerged as a shining star in the realm of credit cards. Their unwavering dedication to customer satisfaction and thoughtful consideration for young adults like me have made them an exceptional choice. I'd love to share my personal experience and insights, shedding light on why PenFed Credit Union is a perfect credit card companion for fellow ...Show More
ED
Emily D.
Jul 10, 2023
May or may not recommend
When it comes to choosing a credit card, PenFed Credit Union stands out as an exceptional choice, especially for young adults embarking on their independent financial journey like me. With its commitment to customer satisfaction, PenFed Credit Union offers a range of credit cards that cater to diverse needs, backed by features like no annual fees and no transaction fees. In this review, I will share my insights and personal ...Show More
CC
Cornelio C.
May 11, 2023
May or may not recommend
Let see if you can give me good deal specially I just get my first discovery credit card I hope this is my secondary credit card now
U
Anonymous
Apr 15, 2023
May or may not recommend
Yes i will recommend penfed power cash rewards visa signature card credit cards
U
Anonymous
Mar 21, 2023
May or may not recommend
Good tell any of my family about this card or friends that might benefit from the type of card that is
CJ
Chima J.
Mar 15, 2023
May or may not recommend
That day in my polo unit it was cam because we vote in nive Base.
Showing 9 of 9 reviews
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