The PenFed Power Cash Rewards Visa Signature card offers 2% cash back for Honors members with no annual fee.

Power Cash Card Information
Application Link: PenFed Power Cash Rewards Visa Signature.
Current Sign Up Bonus: $100 cash bonus.
Recommended Bonus: At least a $100 cash bonus.
Annual Fee: No annual fee.
Earning Rewards:
- 2% cash back on all purchases for PenFed Honors Advantage Members (active military or holding an Access American Checking account).
- 1.5% cash back for non-Honors members.
Balance Transfer Promo APR: 0% intro APR after 3% transaction fee.
Power Cash Card Benefits
No Foreign Transaction Fees– You can use your Power Cash card anywhere in the world without having to pay foreign transaction fees, which are typically 3%.
90-Day Purchase Protection– Any items purchased with your Power Cash card are covered for up to $500 per claim for 90 days, in the event of theft or damage due to fire, rain, or snow.
This card also comes with Visa Signature benefits, which include:
- Best available rate guarantee.
- An automatic room upgrade when you arrive (if available).
- Complimentary in-room Wi-Fi (if available).
- Complimentary breakfast for two.
- A $25 food or beverage credit per room, per stay.
- VIP guest status.
- Late checkout when requested (if available).
