Credit Cards

Unlimited cashback! PenFed Power Cash Rewards Visa Signature® Card review

Want to maximize your credit card rewards? Then read our comprehensive review of the Penfed Power Cash Rewards Visa Signature® Card!

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Enjoy the best of the worlds with a cashback credit card to pay for your everyday expenses

PenFed Power Cash Rewards Visa Signature® Card
PenFed Power Cash Rewards Visa Signature® Card review. Source: Ok Save Money

Are you looking for a rewards credit card that will help you save money? Then this PenFed Power Cash Rewards Visa Signature® Card review is for you!

Penfed Credit Union logo

Apply for the PenFed Power Cash Rewards

Get all your questions answered on how to apply for the PenFed Power Cash Rewards Visa Signature® Card today and start getting cash back!

This card offers serious savings with unlimited cash back on all purchases, no annual fee, and no foreign transaction fees. Read on and learn more!

Credit ScoreGood or Excellent;
Annual FeeDon’t worry about it! There is no annual charge;
Purchase APRVariable 17.99%;
Cash Advance APRThe same as the Purchase APR: 17.99%;
Welcome Bonus$100 bonus cash. Terms apply;
RewardsFrom 1.5% to 2% cashback. Terms apply.

PenFed Power Cash Rewards Visa Signature® Card overview

If you’re on the hunt for a sweet new credit card, look no further than the PenFed Power Cash Rewards Visa Signature® Card!

Firstly, this card is a total boss, offering major cash back rewards on all purchases. You will enjoy 1.5% unlimited cash back!

And if you’re all about raking in those rewards, become a PenFed Honors Advantage member, and you’ll earn up to 2% on all purchases.

Moreover, there’s a super generous sign-up bonus and no annual fee. To earn this bonus, all you have to do is spend $1,500 in three months!

In conclusion, this credit card is a powerful tool! Don’t waste any more time – the PenFed Power Cash Rewards Visa Signature® Card is where it’s at.

PenFed Power Cash Rewards Visa Signature® Card main features

Happy optimistic young girl student holding credit card.
PenFed Power Cash Rewards Visa Signature® Card main features. Source: Adobe Stock

Obviously, this credit card is a great addition to your finances. But does it have any hidden drawback among the extensive list of benefits?

Let’s review the PenFed Power Cash Rewards Visa Signature® card benefits and see if there is any reason not to have one.

Pros 

  • The PenFed Power Cash Rewards Visa Signature® Card is a great option for credit card users looking to get rewarding benefits and value;
  • Also, the card offers no annual fees and low APR rates, making it an attractive financial product;
  • With this card, users can easily earn cashback on everyday purchases and redeem their rewards with ease;
  • The PenFed Power Cash Rewards Visa Signature® Card also provides superior security features for extra peace of mind when conducting transactions;
  • The welcome bonus adds a lot of value to this credit card, especially when you consider that there is no annual fee.

Cons

  • Consider if the PenFed Power Cash Rewards Visa Signature® Card is the right fit for your creditworthiness;
  • This card may not be the best choice for those who are not frequent spenders, as they likely won’t earn enough rewards to make it worth it;
  • Moreover, additional perks of this card, such as travel and shopping benefits, may not appeal to some, so be sure to review the features available and make sure they align with your financial goals and lifestyle;
  • Also, the rewards program has no bonus categories to earn extra cash back, just the member’s program that adds 0.5% cash back to every purchase.

Minimum credit score to apply for

A credit card with these amount of benefits does not come with easy eligibility requirements.

So you can expect a demanding credit analysis and do not apply if your credit score is not excellent.

How to apply for the PenFed Power Cash Rewards Visa Signature® Card?

If you have what it takes to get the PenFed Power Cash Rewards Visa Signature® card, learn how to apply in minutes with the following content.

Penfed Credit Union logo

Apply for the PenFed Power Cash Rewards

Get all your questions answered on how to apply for the PenFed Power Cash Rewards Visa Signature® Card today and start getting cash back!

About the author  /  Julia Bermudez

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