
Earn Cash Back for Everyday Purchase
No Caps. No Limits. No Gimmicks.
Annual Fee: $0
Purchase Variable APR*: % to
%
Cash Back** on all purchases for PenFed Honors Advantage Membersƚƚ
Cash Back** on all purchases made with your card
$100 Bonus Offer Statement Creditƚ When you spend $1,500 in the first 90 days
Balance Transfers Promo APR for 12 months, 3% fee applies to each transaction. Subject to credit approval. Read More
INTEREST RATES AND INTEREST CHARGES
ANNUAL PERCENTAGE RATE (APR) FOR PURCHASES | |
---|---|
APRS FOR BALANCE TRANSFERS | |
APR FOR CASH ADVANCES | |
PENALTY APR AND WHEN IT APPLIES | |
HOW TO AVOID PAYING INTEREST ON PURCHASES | Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire account balance, including balance transfers and cash advances, by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date. |
ANNUAL FEE | None |
CASH ADVANCE FEE | None |
BALANCE TRANSFER FEE |
*Rates are based on an evaluation of applicant credit and length of PenFed membership. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lower rate.
Credit card applications completed online will require your agreement to receive application notifications and disclosures electronically.
Cardholders may sign up for free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.
Rate and offers current as of and are subject to change. View pricing lists & cardholder agreements.
**Cash advances, credit card checks, and balance transfers are excluded from earning cash rewards.
ƚAccounts that are issued and approved will receive a $100 statement credit upon spending $1500 in purchase transactions within 90 days of account opening. Cash advances, credit card checks, and balance transfers do not qualify as purchase transactions. Each account is eligible for 1 statement credit of $100. Please allow 4 weeks after spending $1500 to receive the statement credit.
ƚƚTo qualify for the PenFed Honors Advantage Program you must 1) be in an active military service status, a member of the Reserves or National Guard, an honorably discharged U.S. Military Veteran or retired from such service OR 2) the member must be the primary owner on both the credit card and checking accounts of any existing open PenFed product, excluding PenCheck Limited accounts, or open a new Access America Checking or Free Checking account with PenFed. Members with a qualifying Free Checking account must also 1) maintain a minimum $500 daily balance OR 2) set up monthly direct deposits of $500 or more in order to maintain Honors Advantage Eligibility. A minimum balance or direct deposit is not required to maintain a Free Checking account.
Refer to the Program Rules, Terms and Conditions (PDF) and the Signature Program Benefits (PDF) for detailed information.
Additional Features and Benefits
Enhanced Security
24/7 Fraud Monitoring:
Your account is monitored for transactions that may indicate fraudulent activity, and we may contact you immediately if fraud is suspected.
Chip-enabled cards:
When used at a chip-enabled terminal, chip technology provides stronger security for your card information.
Secure Remote Commerce (SRC):
Shop online with the peace of mind that Visa uses advanced technologies and multiple layers of payment security to help protect your card against unauthorized use. Set-up your Visa SRC account today!
Tokenized account numbers in your mobile wallet:
Your name, account number, and security codes aren’t stored on your device so merchants never see your account information.

Discounts
Member Discounts
- You can get extra savings, special offers, and discounts on products and services just for being a member. Check out available offers today!
Visa Signature Discounts
Use your PenFed signature card to purchase the goods of services from the participating merchants and get a huge discount.
- Enjoy the discounts on a wide variety of offers and deals, including food and wine, shopping, sports, hotels, car rentals, entertainment, and more. Check out available offers today!

At Your Service, 24/7
Your PenFed signature card provides a complimentary concierge* service that can help you enjoy the things you love. Simply pick up the phone to call Visa Signature Concierge. We are available 24 hours a day, 365 days a year for your travel, dining, and entertainment needs.

Cash back on everything, everywhere, every day!
No rotating categories, no minimums, no expiration dates, and no gimmicks
Right card for your streaming service subscriptions
Load your card to your digital wallets
Use your card for bill pay and recurring payments
Great card for everyday purchases including online shopping, dining, and drug stores
Use your card for major home improvements and auto repairs
How to redeem your Power Cash Rewards?
Redeem your rewards, your way...
Statement Credit
Apply directly to your PenFed Credit Card account.
Deposit into PenFed Account
Add your cash rewards into your PenFed Checking or Share account.
Transfer to another Financial Institution
Schedule monthly redemptions into the account of your choice.
How Much Cash Back Can I Earn?
Calculate Your Rewards
Your Cash Rewards
ANNUAL REWARDS
MONTHLY REWARDS
Features available on all cards

PENFED HONORS ADVANTAGE
Access America Checking earns you more!
As an Access America Checking account holder, you can earn 2% cash back on everything you purchase with a PenFed Power Cash Rewards Visa Signature® card.
Disclosures
To receive any advertised product, you must become a member of PenFed Credit Union which includes opening a $5 PenFed savings account.
±Visa Zero Liability Policy covers U.S.–issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions. Cardholder must notify issuer promptly of any unauthorized use. Consult issuer for additional details or visit http://www.visa.com/security.