Chip Lupo, Credit Card Writer
@CLoop
No, the PenFed Power Cash Rewards Visa Signature® Card does not have return protection coverage. Return protection is a benefit that offers reimbursement for undamaged, working items purchased with a credit card that cannot be returned to the merchant within a certain number of days of purchase. This benefit is becoming rarer as time goes on, however, as many issuers have dropped it to cut costs.
If return protection is important to you, there are still a few good cards that offer it. They include the Blue Cash Preferred® Card from American Express, The Platinum Card® from American Express and Bank of America® Premium Rewards® credit card.
PenFed Power Cash Rewards Visa Signature® Card
People also ask
Does PenFed have a secured credit card?
No, PenFed doesn’t have any secured credit cards. Pentagon Federal Credit Union has offered secured credit cards in the past, but they stopped taking new secured card applications a while back.
PenFed only offers unsecured credit cards for members with above-average credit. There’s no security deposit required, but potential customers with credit scores below 700 may find it difficult to get approved. Although PenFed does not have a secured credit card, there are plenty of good...
read full answerWhat are the best credit card benefits?
The best credit card benefits are airport lounge access, statement credits for certain types of purchases, concierge services, hotel perks, initial rewards bonuses, and price/purchase protection. Not all of the best credit card benefits are available on every card, however. The higher your credit card’s annual fee, the more likely it is to contain these top-tier benefits.
Large complimentary benefits packages used to come standard with many credit cards. But card issuers have been...
read full answerHow does Visa return protection work?
Visa return protection covers cardholders who want to return eligible purchases worth up to either $250 or $300 (depending on the card), provided the original merchant won’t accept a return. To receive coverage, you must pay for the eligible purchase with a qualifying Visa credit card and notify the Benefit Administrator of the issue within 90 days of the purchase. Then, cardholders must submit a completed claim form along with supporting documentation within 30 days of notifying the...
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