PenFed Power Cash Rewards vs U.S. Bank Cash+ Visa Signature Card 2023
In head-to-head competition, which of these rewards credit cards wins out? Here’s what each has to offer and how they fare when put to the ultimate test — the cash back you’ll earn for using them.
PenFed Power Cash Rewards
PenFed Honors Advantage Member earn 2% cash back on all purchases. Non-member earn 1.5% cash back. 0% promo APR on balance transfers for 12 months (3% fee applies); after that a nonvariable APR of 17.99% applies. Earn a $100 bonus statement credit when you spend $1,500 in the first 90 days.
U.S. Bank Cash+ Visa Signature Card
5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose; 2% cash back on one everyday category (gas/EV charging stations, grocery stores or restaurants) and 1% cash back on all other eligible purchases. 0% intro APR on purchases and balance transfers for the first 15 billing cycles. Earn a $200 rewards bonus after you apply online and spend $1,000 in eligible purchases within the first 120 days of account opening.