The no annual fee PenFed
Power Cash Rewards card offers a $ 100 statement credit to new cardholders who spend $ 1,500 in the first 90 days.
Neither the Citi Double Cash card nor the Fidelity Rewards Visa Signature card includes a sign - up bonus, so this feature gives the PenFed
Power Cash Rewards card an edge over those two cards.
The PenFed
Power Cash rewards card is a military card, which means that cardholders who are not current or former military members may have a harder — though not impossible — time getting this card.
Like the Citi and Fidelity cards, the PenFed
Power Cash Rewards card requires card members to cross some hurdles to obtain the full 2 percent rewards rate.
Pentagon Federal Credit Union increased the minimum APRs on
the Power Cash Rewards card and the Promise Visa to 9.74 percent.
A cardholder can either open a new account, or use an existing account; however, he or she must be the primary owner of the checking account and the PenFed
Power Cash Rewards card.
Pentagon Federal Credit Union increased the minimum APRs on
the Power Cash Rewards card and the Promise Visa to 9.74 percent.
Also, the PenFed
Power Cash Rewards cards comes with a very low interest rate, making it a particularly great value.
Not exact matches
Discover the
Power of Your Opinion and get
rewards for gift
cards,
cash coupons and vouchers!
Based on our research, the PenFed
Power Cash Rewards is the best military credit
card.
To get a better sense of how good the PenFed
Power Cash Rewards is, we compared it to other credit
cards available.
The PenFed
Power Cash Rewards is a good cash back credit card anyway you slice
Cash Rewards is a good
cash back credit card anyway you slice
cash back credit
card anyway you slice it.
The best balance transfer credit
cards offer longer 0 % APR periods and some even waive the 3 % transfer fee you'd have to pay with the PenFed
Power Cash Rewards.
The Citi ® Double
Cash Credit
Card does not come with any bonus, unlike the PenFed
Power Cash Rewards.
In addition to the
cash back rewards, the PenFed Power Cash Rewards doubles as a balance transfer credit c
cash back
rewards, the PenFed Power Cash Rewards doubles as a balance transfer credi
rewards, the PenFed
Power Cash Rewards doubles as a balance transfer credit c
Cash Rewards doubles as a balance transfer credi
Rewards doubles as a balance transfer credit
card.
If we are comparing this
card to the baseline 1.5 % version of the PenFed
Power Cash Rewards we have to give the slight edge to the Chase Freedom Unlimited ®.
The PenFed Platinum
Rewards VISA Signature ®
Card is another flagship PenFed credit card, and it can be better for some consumers than the PenFed Power Cash Rewa
Card is another flagship PenFed credit
card, and it can be better for some consumers than the PenFed Power Cash Rewa
card, and it can be better for some consumers than the PenFed
Power Cash Rewards.
Like with all PenFed credit
cards, you must be a PenFed member to apply for the PenFed
Power Cash Rewards.
Bottom Line: The PenFed
Power Cash Rewards is a fantastic new credit
card, especially if you are a current / former military member.
The Citi ® Double
Cash Credit
Card is one of the closest
cards you can get to the PenFed
Power Cash Rewards, without having to join PenFed.
Therefore, assuming a similar
rewards rates on both cards, the PenFed Power Cash Rewards will provide consumers with the better short - term value, and a bigger gross return on spending o
rewards rates on both
cards, the PenFed
Power Cash Rewards will provide consumers with the better short - term value, and a bigger gross return on spending o
Rewards will provide consumers with the better short - term value, and a bigger gross return on spending overall.
So long as your average
rewards rate comes out above 2 %, you should get this card over the PenFed Power Cash R
rewards rate comes out above 2 %, you should get this
card over the PenFed
Power Cash RewardsRewards.
If you want a
rewarding cash back credit
card, there are other similar rotating bonus category
cards like the Chase Freedom or the Discover it ® — Cashback Match ™
cards that are better because general earning
power isn't constrained so much.
Orchard Secured MasterCard Orchard 2 %
Cash Back Tribute Gold
Card Imagine Unsecured Credit
Card Discover Tropical Student Discover Clear Discover Classic Citi Platinum Select Citi mtvU Platinum Select Visa
Card Citi Student Driver's Edge Citi Dividend Chase Universal Chase Flexible Citi Driver's Edge Chase Perfect
Card Discover Gas
Card Blue from American Express American Express Delta
Rewards Bank of America MilesEdge Bank of America Efectiva Visa Bank of America Money Return Bank of America
Power Rewards
After all, credit
cards can leverage your purchasing
power, build your credit and pay you with
rewards, miles and
cash back.
This
card is a part of a suite of BankAmericard - branded credit
cards, which also include Visa,
Cash Rewards Visa Signature and
Power Rewards Visa Signature.
The Chase Sapphire Preferred ®
Card, the Bank of America Premium
Rewards Credit
Card, and the PenFed
Power Cash Rewards are all great options in the aforementioned categories.
With the introduction of the PenFed
Power Cash Rewards Visa Signature card, PenFed aims to combine the benefits that a rewards credit card carries with the low fees and simplicity that a credit union often
Rewards Visa Signature
card, PenFed aims to combine the benefits that a
rewards credit card carries with the low fees and simplicity that a credit union often
rewards credit
card carries with the low fees and simplicity that a credit union often brings.
For example, it increased the lowest available APR on the PenFed
Power Cash Rewards Visa
card by a full percentage point, raising it to 10.99 percent.
You see, the credit
card giant was the first global issuer to discover the
power of credit
card rewards — pioneering the
cash back
rewards program in the process.
It's also standard on U.S. Trust Accolades, BankAmericard Travel
Rewards, BankAmericard Privileges, and Virgin Atlantic credit
cards, and optional on BankAmericard
Cash Rewards, BankAmericard
Power Rewards, BankAmericard, AAA Members
Rewards, NEA, Asiana Airlines, Alaska Airlines, Hawaiian Airlines, Royal Caribbean and Norwegian Cruise Lines.
The Fidelity Visa Signature, PenFed
Power Cash Rewards Visa Signature and Capital One Spark Cash for Business cards, for example, all offer a flat 2 percent rewards rate on your pur
Rewards Visa Signature and Capital One Spark
Cash for Business
cards, for example, all offer a flat 2 percent
rewards rate on your pur
rewards rate on your purchases.
Our take: The PenFed
Power Cash Rewards Visa Signature card, a new addition to the very limited category of 2 percent cash back cards, combines generous rewards with a low A
Cash Rewards Visa Signature card, a new addition to the very limited category of 2 percent cash back cards, combines generous rewards with a lo
Rewards Visa Signature
card, a new addition to the very limited category of 2 percent
cash back cards, combines generous rewards with a low A
cash back
cards, combines generous
rewards with a lo
rewards with a low APR..
It's best known for offering 5 percent
cash back on a rotating list of everyday spending categories, such as gas and groceries, and is a favorite among
power card users who like to switch up the
cards they use to maximize
rewards earnings.
The PenFed
Power Cash Rewards is either a great or excellent credit card, depending on which of its two rewards rates you can quali
Rewards is either a great or excellent credit
card, depending on which of its two
rewards rates you can quali
rewards rates you can qualify for.
The PenFed Platinum
Rewards VISA Signature ®
Card is another flagship PenFed credit card, and it can be better for some consumers than the PenFed Power Cash Rewa
Card is another flagship PenFed credit
card, and it can be better for some consumers than the PenFed Power Cash Rewa
card, and it can be better for some consumers than the PenFed
Power Cash Rewards.
The Citi ® Double
Cash Credit
Card does not come with any bonus, unlike the PenFed
Power Cash Rewards.
Bottom Line: The PenFed
Power Cash Rewards is a fantastic new credit
card, especially if you are a current / former military member.
To get a better sense of how good the PenFed
Power Cash Rewards is, we compared it to other credit
cards available.
So long as your average
rewards rate comes out above 2 %, you should get this card over the PenFed Power Cash R
rewards rate comes out above 2 %, you should get this
card over the PenFed
Power Cash RewardsRewards.
While travel
rewards cards and 2 %
cash back
cards are fairly close in terms of
reward value and earning
power, airline
cards are far behind.
If your business has a lot of expenses and you therefore have a lot of spending
power, you'll probably want either the Costco Anywhere Visa ® Business
Card by Citi or the Starwood Preferred Guest ® Business Credit
Card depending on whether you prefer
cash back
rewards or travel
rewards.
The PenFed
Power Cash Rewards Visa Signature card, a new addition to the very limited category of 2 percent cash back cards, combines generous rewards with a low A
Cash Rewards Visa Signature card, a new addition to the very limited category of 2 percent cash back cards, combines generous rewards with a lo
Rewards Visa Signature
card, a new addition to the very limited category of 2 percent
cash back cards, combines generous rewards with a low A
cash back
cards, combines generous
rewards with a lo
rewards with a low APR..
Though the PenFed
Power Cash Rewards Visa Signature
card comes with a very reasonable regular APR, the 12 - month interest - free period for balance transfers is far too short.
The PenFed
Power Cash Rewards Visa Signature
card offers a low interest rate and reasonable fees and penalties, but the
card doesn't include an introductory offer for new purchases.