Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Ben Luthi, InvestopediaConsider the Navy Federal Platinum card only if you want to use it for its potentially low interest rate, depending on your creditworthiness. The card’s other features don’t provide a lot of value, considering that you can get them with many other credit cards. Also, there’s a very limited rewards p...
- Robin Saks Frankel, Gregory Karp, NerdWalletIt packs an impressive combination of debt-zapping features that can be hard to find elsewhere, assuming you're eligible to apply.
- Robin Saks Frankel, ForbesThe Navy Federal Platinum Card is a worthy option for anyone with average credit on the hunt for a balance transfer card. But if your overall credit profile is strong, look to a card that offers a longer introductory period or one that you’ll want to use long after the promo APR offer expires.
- Cynthia Measom, GOBankingRateshe Navy Federal Credit Union® Platinum card doesn't charge a balance transfer fee, which is difficult to find among balance transfer cards. Add to that a generous promotional APR on balance transfers for the first year, no annual fee and a low regular APR, and this card is certainly worth considerin...
- Andy Shuman, CreditCards.comThough the Navy Federal Credit Union Platinum credit card lacks a 0% introductory period for new purchases, the regular APR is so low that cardholders will still save a substantial amount of money on interest.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
11.24% ‐ 18% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
11.24% ‐ 18% (Variable) (0.99% for the first 12 months) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
13.24% ‐ 20% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee | $0.00 |
| Cash Advance Fee | $0.00 |
| Foreign Transaction Fee | $0.00 |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$20.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | No |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | No |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | Yes |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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