PenFed Power Cash Rewards Visa Signature Card basics Annual fee: $0. Welcome bonus: $100 statement credit after spending $1,500 on purchases in the first 90 days of account opening. Rewards: 2% cash back on all purchases for PenFed Honors Advantage members and 1.5% cash back for everyone else.

You can use your credit card at an ATM to withdraw cash the same way you would withdraw from checking. You'll need a PIN for your credit card to do this. If you don't already have a PIN for your card, you can request one from your issuer, which may take as much as a week to set up.

PenFed Power Cash Rewards Visa Signature Card basics Rewards: 2% cash back on all purchases for PenFed Honors Advantage members and 1.5% cash back for everyone else. Regular APR: 0% intro APR for 12 months on balance transfers, then a non-variable APR of 17.99%. Balance transfers incur a 3% fee per transaction.

No Foreign Transaction Fees: You won't be charged extra for using your PenFed card outside of the U.S.

PenFed Power Cash Rewards Visa Signature Card basics Rewards: 2% cash back on all purchases for PenFed Honors Advantage members and 1.5% cash back for everyone else. Regular APR: 0% intro APR for 12 months on balance transfers, then a non-variable APR of 17.99%. Balance transfers incur a 3% fee per transaction.

You can send and receive cash using your PenFed checking account and services such as Square Cash, PayPal, and Venmo.

No Foreign Transaction Fees: You won't be charged extra for using your PenFed card outside of the U.S.

No, cash back is not free money. You need to make a purchase with your card to earn cash back. Cash-back rates typically range from 1% to 5%, so you will still be paying for the majority of your purchase out of pocket.

The online and mobile banking feature you can use to your advantage is that they are ready whenever you are. You can check your balance, pay bills, and transfer money - after hours, on weekends, or whenever it's convenient for you. Sure, you utilize a different device for mobile and online banking.

Yes, PenFed Credit Union is a legitimate credit union federally insured by the National Credit Union Administration.

A foreign transaction (FX) fee is a surcharge on your credit card bill that appears when you make a purchase that either passes through a foreign bank or is in a currency other than the U.S. dollar (USD). This fee is charged by many credit card issuers, typically ranging from 1% to 3% of the transaction.

$15 This means for every dollar you spend, you'll earn 1.5% or $0.015. This adds up to $15 in cash back for every $1,000 spent.