PenFed Power Cash Rewards Credit Card Review

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

Deals Points Card Rating:
2.5/5
PenFed Power Cash Rewards

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:

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:

Travel and Emergency Assistance– Travelers can seek travel assistance by calling 800-992-6029 to help with pre-travel information, finding medical services, logistical help, or located legal assistance.
 
Visa Signature Concierge– Cardmembers get access to the Visa Signature Concierge, which can help with planning travel, dining, or entertainment.
 
Silvercar Discount– Visa Signature cardholders receive a 10% to 15% discount on car rentals with Silvercar, which rents only Audi vehicles.
 
Roadside Assistance– If you are having car trouble, you can call 800-847-2869, and Visa will arrange for a tow truck, locksmith, or another service provider. However, you must pay a flat fee of $69.95 for the service call.
 
Visa Signature Luxury Hotel Collection: The Visa Signature Luxury Hotel Collection is a hand-selected group of over 900+ hotels worldwide that are typically $250+ per night, but offer nice benefits such as:
  • 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).
Vakkaru Maldives Visa Signature
Photo: Vakkaru Maldives