Visa Signature® Power Cash Rewards Card* vs. Citi® Double Cash Card
Assuming a cardholder qualifies for PenFed Honors Advantage status and therefore 2% Unlimited Cash Back, a comparable choice may be the Citi® Double Cash Card, which earns 2% cash back on all purchases, or 1% when the purchases are made. and another 1% when paid. Double Cash also offers an introductory APR of 0% on balance transfers for 18 months. After that, the standard variable APR will be 15.49% to 25.49%, depending on creditworthiness. There is also an introductory balance transfer fee of $5 or 3% of the amount of each transfer, whichever is greater, made within the first 4 months of account opening. After that, the fee will be 5% of each transfer (minimum $5) – 6 months longer than the 12 month period offered on the PenFed Power Cash Rewards Card.
The main advantage offered by PenFed Power Cash Rewards over Citi Double Cash is the absence of foreign transaction fees. The choice between these two cards therefore comes down to plans for international use or the desire for a longer balance transfer period.
Visa Signature® Power Cash Rewards Card* vs. PenFed Pathfinder® Rewards Visa Signature® Card*
For PenFed cardholders looking for a flexible rewards card instead of regular cash back, the PenFed Pathfinder offers a travel rewards card that earns 4 points per dollar on all categories of travel for PenFed Honors Advantage members, 3 points per dollar on all categories of travel and 1.5 points on all other purchases. Card charges $95 *Waiver for existing Honors Advantage members.
Like the Power Cash Rewards Card, the Pathfinder Rewards Card offers an introductory rate of 0% for 12 months on balance transfers, followed by a non-variable APR rate of 17.99%. Balance transfers incur a 3% fee per transaction. A variable APR of 15.99% to 17.99% applies to purchases. Pathfinder Rewards also offers a welcome bonus: Earn 50,000 bonus points after spending $3,000 in the first 90 days. With completely different income structures, the choice between the two comes down to spending habits.
Visa Signature® Power Cash Rewards Card* vs. Wells Fargo Active Cash® Card
Few cards that offer unlimited 2% cash back on spending offer meaningful extras and benefits, but the Wells Fargo Active Cash® Card offers cell phone protection. Like Power Cash rewards, Active Cash also comes with a low introductory APR, but unlike the Power Cash Rewards card, Active Cash offers an introductory APR of 0% for 15 months from the date of purchase. account opening on qualifying purchases and balance transfers, then a 17.24%, 22.24% or 27.24% variable APR applies. Balance transfers made within 120 days are eligible for the introductory rate and 3% fee, then a fee of up to 5%, with a $5 minimum.
Welcome bonuses aren’t widely offered on many unlimited cashback cards with no 2% annual fee, but like Power Cash Rewards, Active Cash also offers a welcome bonus: $200 in cash rewards after spending $1,000 in purchases in the first 3 months. However, Active Cash also charges a 3% foreign transaction fee. For those who want to use their card internationally, Power Cash Rewards is probably a better choice than Active Cash.