Open a cashRewards card and earn $200 bonus cash back when you spend $2,000 within 90 days of account opening. Show
Info Open a cashRewards card and earn $200 bonus cash back when you spend $2,000 within 90 days of account opening. Regular APR 10.40% - 18.00% (Variable) Recommended Credit Score Fair to Good (580 – 740) InfoHover for more A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product. Advertiser Disclosure – BestCards is an independent, Florida-based credit card comparison platform. Many of the card offers that appear on this site are from companies from which BestCards receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). BestCards does not include all card companies or all card offers available in the marketplace. Editorial Disclosureclose × Editorial Disclosure – The opinions expressed on BestCards’ reviews, blogs, and all other content on or relating to the website are solely those of the content’s author. They are not reflective of any card issuer or financial institution and have not been reviewed or approved by these entities unless otherwise noted. Further, BestCards lists credit card offers that are updated daily with information believed to be accurate to the best of our knowledge. Last updated on August 24th, 2022 Enjoy Cash Back and A Low Intro APR
☆ Redeem rewards as soon as you earn them ☆ No foreign transaction fees ☆ No annual fee ☆ Good or Excellent credit Learn More Terms & Conditions At a GlanceThe Navy Federal cashRewards Visa Signature® Credit Card is a flexible cash back rewards credit card for current and former servicemembers who want a card that offers the versatility to choose where they use their rewards. This powerful tool for saving money and building credit is issued by Navy Federal Credit Union and features unlimited 1.5% cash back rewards, along with exclusive member deals only available to cardholders. This financial tool is highly suitable for everyday spending and features great cash back rewards along with great potential for savings, thanks to competitive interest rates and no extraneous fees. This credit card offer will be attractive to anyone with average to excellent credit. Ideal for Those Who:
The Navy Federal cashRewards Visa Signature® Credit Card ReviewThe Navy Federal cashRewards Visa Signature® Card is the perfect all-purpose cash back card for current and former military members who want to earn 1.5% back for every dollar they spend on eligible everyday purchases, large and small. Earn cash back and redeem it immediately, or save up for a big statement credit – part of the draw of this card is its flexible redemption options. How to Earn Cash Back with the cashRewards CardEarning cash back with the Navy Federal cashRewards Visa Signature Card is as easy as swiping your card on any purchase. There’s no need to change your spending habits – cardholders earn an even 1.5% cash back from all qualifying purchases – whether you’re pumping gas, buying groceries for the week, grabbing movie tickets or buying holiday gifts. With unlimited rewards, you can spend more and earn more cash back, with no restrictions – earn as many rewards as you’d like before you redeem your cash back as a statement credit. Best of all, your cash back rewards will not expire. Rewards can only be earned from purchase transactions. The following transactions do not count as purchase transactions, per Navy Federal Credit Union:
Special cashRewards Visa Signature® Card BonusesNew cardholders can earn a special introductory bonus of $200 by spending $2,500 within 90 days of their account approval. This generous one-time incentive stands out in particular since cash back is accrued at a rate of 1.5% for each dollar spent when using this Navy Federal Credit Union card, or the equivalent of 1.5 cents in cash back. In order to match the $200 bonus here, a cardholder would need to spend close to $16,700 outside of this introductory period. Perks from Navy Federal Credit UnionEach card from Navy Federal Credit Union comes with numerous cardholder benefits. As well as dedicated resource pages designed to help you learn about credit cards, how credit works, how to apply for a card, and how to transfer a balance, cardmembers can take advantage of:
cashRewards Visa Signature® FeaturesIn addition to unlimited cash back rewards and no rush for redemption of your rewards, the cashRewards Visa Signature® Card also features benefits that are exclusive to Visa®, which include:
Should You Apply for the Navy Federal cashRewards Visa Signature® Credit Card?The Navy Federal cashRewards World Mastercard® is a prime example of a credit card that is great for credit beginners who want to earn cash back while building their credit profile. This card is the Visa version of the Navy Federal cashRewards World Mastercard®. There are, of course, comparable cash back rewards cards that offer a higher reward value – the Randolph-Brooks Cashback Rewards Mastercard®, for example, offers 2% cash back on all purchases with many of the same features – but not all are designed specifically with U.S. Armed Forces members and their families in mind. Cardholders will save beaucoup bucks thanks to the elimination of fees – there’s no annual fee, no balance transfer fee, no cash advance fee. And for those serving overseas, there are no foreign transaction fees, which is particularly useful for cardholders who are stationed abroad. The introductory cash back bonus of $200 is particularly generous, considering it can be earned by spending $2,500 in the first three months of account approval. Typically, cash back rewards are earned at a rate of 1.5%, which means each cardholder would need to spend a substantially larger amount in order to earn $200 in rewards outside of this introductory period. What credit score is needed for Navy Federal Cash Rewards card?The average credit score needed to get approved for Navy Federal Visa cashRewards Card is 670 to 850, which means you need a good to excellent credit score to be approved for this credit card.
Is Navy Federal cash rewards worth it?If you have average credit — generally defined as FICO scores between 630 and 689 — and are eligible to apply for it, the Navy Federal Credit Union® cashRewards Credit Card is a great deal: It offers a solid rewards rate of up to 1.75% cash back on all purchases, if you qualify, for an annual fee of $0.
How does Navy Federal cash rewards work?cashRewards credit cards earn 1.75% cash back on net purchases for cardholders with direct deposit at Navy Federal, or 1.5% cash back for cardholders without direct deposit. Rewards are earned on eligible net purchases. "Net purchases" means the sum of your eligible purchase transactions minus returns and refunds.
How do I redeem my Navy Federal cash rewards?Cash redemptions may be requested by logging on to Navy Federal Online Banking and using the available link for redemptions. You may also call 1-888-842-6328 and follow the automated prompts to access your GO REWARDS account options. Pay with Points redemptions may be made on the NFCU rewards site.
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