{"slug":"penfed-power-cash-rewards","category":"card","institutionSlug":"penfed","product":"Power Cash Rewards","title":"PenFed Power Cash Rewards: $100 bonus","bonus":"$100","unit":"cash","amount":100,"reqShort":"$1,500 in purchases within 90 days of account opening","expiresOn":null,"status":"live","verifiedOn":"2026-07-19","reports":0,"openIssues":0,"states":null,"referralGated":false,"hardPull":true,"chex":null,"fee":"No annual fee","keep":"","posts":"","applyDomain":"penfed.org","applyUrl":"https://www.penfed.org/credit-cards","summary":"PenFed's Power Cash Rewards card gives a $100 statement credit if you spend $1,500 on purchases within the first 90 days of opening the account. The credit shows up about 4 weeks after you hit the spending threshold.","reqSteps":["Apply for the PenFed Power Cash Rewards Visa Signature card.","Use the card to make at least $1,500 in purchase transactions within 90 days of account opening.","Wait up to 4 weeks after reaching the spend threshold to receive the credit.","Keep the account open and in good standing to qualify."],"finePrint":["Cash advances, cash-like transactions, credit card checks, balance transfers, and account fees do not count toward the spending requirement.","Each account is eligible for only one $100 statement credit.","Allow 4 weeks after spending $1,500 to receive the statement credit.","Card has no annual fee and no foreign transaction fees."],"listedOn":"2026-07-19","memberReports":[],"history":[],"ruleIds":[],"sources":[{"label":"penfed.org offer page","url":"https://www.penfed.org/credit-cards","checkedOn":"2026-07-19"}],"needsVerification":false}