PenFed Power Cash Rewards Card cash back rate

The PenFed Power Cash Rewards Visa Card earns cash back at the following rates:

  • 2% cash back on all purchases for PenFed Honors Advantage Members.
  • 1.5% cash back on all purchases made with your card.

In order to qualify as a PenFed Honors Advantage Member, you must have and maintain a PenFed Access America Checking Account and the primary or joint applicant must have Military service (active duty, reserve, honorably discharged, or retired).

PenFed Power Cash Rewards Card benefits

Here are the main benefits of the PenFed Power Cash Rewards Visa Card:

  • Luxury Hotel Collection: Unleash the power of your Signature card and enjoy access to luxury hotels around the world.
  • Travel & Purchase Coverage: Travel Accident Insurance and Cell Phone Protection.

PenFed Power Cash Rewards Card fees

Annual Fee

The PenFed Power Cash Rewards Visa Card has no annual fee.

Authorized User Fee

There is no fee to add authorized users to the PenFed Power Cash Rewards Visa Card.

Foreign Transaction Fee

The PenFed Power Cash Rewards Visa Card has a 0% foreign transaction fee. This means that you will not be charged a fee when using your card abroad.