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...
- John Csiszar, GOBankingRatesThe Navy Federal cashRewards Card provides enough benefits to make it attractive to a wide range of potential members. Its high cash back rate–1.75% with direct deposit and 1.5% without–and $0 annual, balance transfer and foreign transaction fees make it a valuable card great for everyday spending....
- Rebecca Lake, MyBankTrackerThe Navy Federal cashRewards Credit Card could be a good option if you're eligible for Navy Federal Credit Union membership and you want a simple way to earn cash rewards. This card doesn't over-complicate things when it comes to earning or redeeming rewards.
- Chauncey Crail, ForbesFor those seeking a solid flat-rate rewards card but may not have the credit to qualify for a card offering 2% cash back, the Navy Federal cashRewards card may well be an appealing option, especially for those who can use the additional card benefits. For everyone else, let this card sail on by.
- Juan Ruiz, Business InsiderFinding a rewards credit card that's light on fees can be a challenge. The Navy Federal Credit Union® cashRewards Credit Card is as close as it gets — and you'll even earn up to 1.75% cash back on all purchases. However, to qualify, you'll need to have ties to the military and join the credit union.
- Brett Holzhauer, MoneyGeekThe Navy Federal Credit Union Visa Signature cashRewards Card is ideal if you want a simple flat-rate cash back card that has low fees and interest charges. However, since you need to have a military background to qualify, this card will only be a good option for you in the following scenarios.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
14.9% ‐ 18% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
14.9% ‐ 18% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
16.9% ‐ 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 |
$250 after spending $3,000
|
| Rewards | |
| All Purchases |
1.75% cash back When you get a cashRewards card and enroll in direct deposit. Without direct deposit, you’ll still earn 1.5% cash back. |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | No |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | No |
| 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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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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