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The no-annual-fee PenFed Power Cash Rewards Visa Signature® Card earns up to 2% cash back on all purchases, so it's a decent option for Pentagon Federal (PenFed) Credit Union members (anyone can join) looking to earn straightforward rewards without category restrictions. However, there are plenty of other no-annual-fee cards available with higher rewards, more benefits, and larger welcome bonus offers. Earn 1.

5% cash back on purchases, or 2% if you're a PenFed Honors Advantage Member. $0 0% balance transfers promo APR for 12 months made in the first 90 days after account opening, 3% fee applies to each transaction 17.99% APR on balance transfers, 17.

99% Variable APR on purchases Good to Excellent Check mark icon A check mark. It indicates a confirmation of your intended interaction. Up to 2% unlimited cash back with no caps, limits, or category restrictions Check mark icon A check mark.

It indicates a confirmation of your intended interaction. Decent welcome bonus offer Check mark icon A check mark. It indicates a confirmation of your intended interaction.

No annual fee or foreign transaction fees con icon Two crossed lines that form an 'X'. Must join PenFed credit union to apply for the .