Navy Federal nRewards Secured Card Review

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

Key takeaways:

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 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 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.

Navy Federal nRewards Secured Card Pros and Cons:

The Good	The Bad
No annual fee. Offers auto rental collision damage waiver. Considers applicants with fair or poor credit. No foreign transaction fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Navy Federal nRewards Secured Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Higher than average purchase APRs. Does not offer a signup bonus.

Is there a Navy Federal nRewards Secured Card cash back or rewards program?

Navy Federal nRewards Secured Card offers a rewards program to its customers.

Navy Federal nRewards Secured Card Rewards

Rewards rate (all purchases)	1%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Navy Federal nRewards Secured Card benefits?

Navy Federal nRewards Secured Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Cellular Telephone Protection
• Reports to major credit bureaus

What are the relevant APRs for Navy Federal nRewards Secured 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 nRewards Secured Card has higher than average purchase APRs.

Navy Federal nRewards Secured Card has a variable purchase APR of 18%. The card has a variable balance transfer APR of 18% . It also has a variable cash advance APR of 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.

What are the fees for Navy Federal nRewards Secured Card?

The following fees apply to Navy Federal nRewards Secured Card:

Navy Federal nRewards Secured Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $20
Late Payment Fee	up to $20

Does Navy Federal nRewards Secured Card report your account activity to credit bureaus?

Navy Federal nRewards Secured 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 nRewards Secured Card

• Visit the Navy Federal nRewards Secured 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.