Features available on all cards
Power Cash Rewards Visa® Card
Earn cash back on everything!
% cash back for Honors Advantage members
% cash back for all other members
Click below to find out how fast and easy it is to redeem the cash you earned!
How much cash back can I earn?
Calculate Your Rewards
Your Cash Rewards
ANNUAL REWARDS
MONTHLY REWARDS
Redeem rewards — your way
Use
As a statement credit on your credit card balance^.
Deposit
Directly into your PenFed checking or share account.
Transfer
To another financial institution.
Use
As a statement credit on your credit card balance^.
Deposit
Directly into your PenFed checking or share account.
Transfer
To another financial institution.
Explore cardholder benefits
Cell Phone Protection
Protect your cell phone against theft and damage for the next calendar month by paying your monthly wireless bill with your PenFed credit card.
Exclusive Offers & Discounts
Enjoy member-only discounts on a variety of products and services as well as special savings and benefits exclusive to Visa Signature. Check out offers and deals on food and wine, shopping, sports, hotels, car rentals, entertainment, and more.
Access to Luxury Hotel Collection
Unleash the power of your Signature card — enjoy access to premium offers and discounts on luxury hotels around the world.
No Foreign Transaction Fees
Using your PenFed card abroad won’t cost you an extra dime.
Travel Accident Coverage
When you purchase your travel ticket with your PenFed credit card, you are eligible for accident coverage of up to $250,000. Refer to your Visa Signature card® benefits (PDF).
Complimentary Concierge Service
Visa’s concierge service is available 24 hours a day, 365 days a year for your travel, dining, and entertainment needs. To learn more, visit Visa Signature Concierge.
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.
Security Alerts
Get notified via text, email, and phone if PenFed notices potential suspicious transactions on your account.
$0 Fraud Liability±
If your card is lost or stolen, you will not be responsible for unauthorized charges. Learn more.
Card Lock
Instantly lock your misplaced, lost, or stolen card with a single click to stop fraud.
AutoPay
Set up AutoPay for your account, and your payments will be made automatically every month.
PenFed Mobile App
Stay on top of your finances with personalized alerts and real-time updates. Download the PenFed Mobile app.
Authorized User
Share your card benefits by adding an authorized user. Learn more.
Digital Wallet
More than just a plastic in your wallet, your card is digital wallet ready for secure mobile, online and in-app purchases. Learn how to set up your Digital Wallet.
24/7 Digital Service
Our online services are available to assist you 24 hours a day. Credit Card Contact Center.
Disclosures
±Visa Zero Liability Policy covers U.S.–issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa. Cardmembers must notify PenFed promptly of any unauthorized use.
To 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.
Cash advances, credit card checks, and balance transfers are excluded from earning cash rewards.
^After new account opening, your Power Cash rewards will be redeemed each month as a statement credit. You can easily modify your redemption option by logging in at PenFed.org and clicking the Redeem Rewards button.