SuperMoney
  Navy Federal cashRewards Credit Card

Navy Federal cashRewards Credit Card

in Personal Credit Cards from Navy Federal Credit Union

Unaffiliated

Navy Federal cashRewards Credit Card

Unaffiliated

in Personal Credit Cards from Navy Federal Credit Union

Net Recommendation Score +100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
1 user recommends
0 users are unsure
0 users don't recommend
Cast your vote
Cast your vote

Would you recommend Navy Federal cashRewards Credit Card to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Balance Transfer APR  (Variable APR) 11.15% - 18%
Credit Score Range 700 - 850
Annual Fee $0
Purchase APR  (Variable APR) 11.15% - 18%
Rewards Rates Every Purchase

Navy Federal cashRewards Credit Card Review

Navy Federal cashRewards Credit Card is a cashback credit card issued by Navy Federal Credit Union. If you're wondering whether Navy Federal cashRewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

  • Earn 1.5% cash back on everyday purchases. This is higher than the average reward rate (1% cash back) for everyday purchases.
  • Competitive APRs. Navy Federal cashRewards Credit Card has a variable purchase APR that ranges from 11.15% up to 18%.
  • No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • $0 Balance transfer fee. This card does not charge a fee on balance transfers.
  • $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
  • Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, travel assistance, and fraud protection.
  • Good or better credit required. You should probably try with another card if your credit score is below 700.

Navy Federal cashRewards Credit Card Pros and Cons:

The Good The Bad
  • Lower than average purchase APRs.
  • Has an introductory APR rate on balance transfers of 1.99%.
  • No balance transfer fee.
  • No annual fee.
  • Multiple credit card perks.
  • Offers auto rental collision damage waiver.
  • Free access to your credit score.
  • Travel assistance insurance
  • No foreign transaction fee.
  • Cardholders can earn rewards on every purchase.
  • Earn rewards on every purchase.
  • Navy Federal cashRewards Credit Card reports to multiple credit bureaus.
  • Cardholders can earn rewards on their purchases.
  • Not available to the general public. You must have current or past affiliation with the Armed Forces to be approved.
  • Requires good to excellent credit.
  • Does not offer a signup bonus.

Is there a Navy Federal cashRewards Credit Card cash back or rewards program?

Navy Federal cashRewards Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Navy Federal cashRewards Credit Card you receive 1.5% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $15 back in cash.

Navy Federal cashRewards Credit Card Rewards
Rewards rate (all purchases) 1.5%
Max rewards rate N/A
Annual rewards limit N/A
Signup Bonus ($) N/A

Does Navy Federal cashRewards Credit Card have a signup bonus?

Navy Federal cashRewards Credit Card doesn't offer a cash signup bonus.

Does Navy Federal cashRewards Credit Card offer an annual loyalty bonus?

Navy Federal cashRewards Credit Card doesn't offer a cash loyalty bonus.

What are the Navy Federal cashRewards Credit Card benefits?

Navy Federal cashRewards Credit Card provides the following benefits:

  • Free Credit Score
  • Auto Rental Collision Damage Waiver
  • Zero fraud liability
  • Cellular Telephone Protection
  • Travel Assistance
  • ID Theft Protection
  • Reports to major credit bureaus

What are the relevant APRs for Navy Federal cashRewards Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Navy Federal cashRewards Credit Card has lower than average purchase APRs.

Navy Federal cashRewards Credit Card has a variable purchase APR that ranges from 11.15% up to 18%. The card has a variable balance transfer APR that ranges from 11.15% up to 18%. It also has a variable cash advance APR that ranges from 13.15% up to 20%. Note that late payments are subject to an APR of 18% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does Navy Federal cashRewards Credit Card have an introductory APR offer on balance transfers?

Yes, Navy Federal cashRewards Credit Card offers an introductory APR rate on balance transfers of 1.99% for a period of up to 12 months.

Navy Federal cashRewards Credit Card Balance Transfers
Description
Balance Transfer APR 11.15% - 18%
Balance Transfer Introductory APR 1.99%
Balance Transfer Intro APR Period (months) 12
Balance Transfer Fee % 0%
Balance Transfer Fee % After Intro Period N/A
Balance Transfer Fee Intro Period (days) N/A
Balance Transfer Fee Minimum $0

Does Navy Federal cashRewards Credit Card have an introductory APR offer on new purchases?

This card does offer an introductory APR rate of 1.99% on qualified purchases for a period of up to 12 months.

Navy Federal cashRewards Credit Card Purchase Intro Offer
Description
Introductory Rate 1.99%
Purchase Intro APR Period (months) 12

What are the fees for Navy Federal cashRewards Credit Card?

The following fees apply to Navy Federal cashRewards Credit Card:

Navy Federal cashRewards Credit Card Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Returned Payment Fee $20
Late Payment Fee $20

Does Navy Federal cashRewards Credit Card have a foreign transaction fee?

Navy Federal cashRewards Credit Card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Does Navy Federal cashRewards Credit Card report your account activity to credit bureaus?

Navy Federal cashRewards Credit Card reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Navy Federal cashRewards Credit Card

  • Visit the Navy Federal cashRewards Credit Card website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Every Purchase (Points) 1.5% cash back on purchases
Introductory Rate 1.99%
Purchase Intro APR Period (Variable APR) 12 months
Cash Advance Fee Minimum $0
Cash Advance Fee (%) 0%
Foreign Currency Transaction Fee 0%
No Annual Fee  
No Foreign Transaction Fee  
Annual Fee $0
Minimum Interest Charge $0
No Interest Grace Period for Late Payment 25 days
Minimum Cash Advance Fee ($) $0 - $1
Returned Payment Fee $20
Late Fee Amount $20
Customer Type Personal
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 700 - 850
Card Type
  • Balance Transfer
  • Cashback
  • Rewards
Card Network Mastercard
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Fraud Liability  
Car Rental Insurance  
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Cellular Telephone Protection
  • Fraud Liability
  • Free Credit Score
  • Identity Theft Protection
  • Travel Assistance
Free FICO Score  
No Reward Expiration Period  
Rewards Rates Every Purchase
Rewards Type Cash Back
Cash Advance APR (Variable APR) 13.15% - 20%
Balance Computation average daily balance (including new transactions)
Penalty APR (Variable APR) 18%
Purchase APR (Variable APR) 11.15% - 18%
Balance Transfer Introductory APR (Variable APR) 1.99%
Balance Transfer Intro APR Period (Variable APR) 12 months
Balance Transfer APR (Variable APR) 11.15% - 18%
Balance Transfer Fee Minimum $0
Balance Transfer Fee % 0%

Navy Federal cashRewards Credit Card Community Reviews

 

Would you recommend Navy Federal cashRewards Credit Card to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Credit Cards

Deserve Edu Mastercard for Students
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews

OpenSky Secured Visa
Mostly recommended

6 Reviews

Navy Federal Credit Union Personal Credit Cards

Product

Reviews

Balance Transfer APR

Credit Score Range

Annual Fee

Purchase APR

Rewards Rates

Navy Federal More Rewards American Express Credit Card
Balance Transfer APR 11.15% - 18%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 700 - 850     300 850
Annual Fee $0 Annual Fee
Purchase APR 11.15% - 18%
(Variable APR)
    0% 36% Variable APR
Rewards Rates
  • 1% on Every Purchase
  • Gas
  • 3% on Groceries
  • 3% on Restaurants
Show More
Navy Federal Visa Signature Flagship Rewards Credit Card
Balance Transfer APR 11.49% - 18%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 700 - 850     300 850
Annual Fee $49 Annual Fee
Purchase APR 11.49% - 18%
(Variable APR)
    0% 36% Variable APR
Rewards Categories
  • Airfare
  • Every Purchase
  • Travel
Navy Federal Platinum Credit Card

Navy Federal Platinum Credit Card

Be the first to rate

Balance Transfer APR 7.49% - 18%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 700 - 850     300 850
Annual Fee $0 Annual Fee
Purchase APR 7.49% - 18%
(Variable APR)
    0% 36% Variable APR
Rewards Rates N/A Rewards Rates
Navy Federal nRewards Secured Card

Navy Federal nRewards Secured Card

Be the first to rate

Balance Transfer APR 18% Variable APR
Credit Score Range 500 - 850     300 850
Annual Fee $0 Annual Fee
Purchase APR 18% Variable APR
Rewards Categories
  • Every Purchase
Navy Federal Go Rewards Credit Card
Balance Transfer APR 10.49% - 18%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 640 - 850     300 850
Annual Fee $0 Annual Fee
Purchase APR 10.49% - 18%
(Variable APR)
    0% 36% Variable APR
Rewards Rates
  • Every Purchase
  • Gas
  • 3% on Restaurants