The card's 2 points per $1 spent on gas earnings rate is less notable, but still decent. Very few fees: Like other Navy Federal cards, the Go Rewards card waives a bunch of common fees, apart from penalty fees. The lack of a balance transfer fee is particularly outstanding, given the relatively low APR on this card.
The Navy Federal cashRewards Credit Card offers straightforward rewards with lower fees and ongoing interest charges than competing cash-back cards. If your goal is earning rewards without paying for the privilege, this may be a good option.
Navy Federal credit card approval requirements include a credit score of at least 700, in most cases; this is considered “good” credit.
While this card's rewards program won't blow you away, it's pretty good compared with other cards for that credit score range, especially considering how few fees it charges. If you use your points to get cash back, statement credits, or air travel, you'll get 1 cent per point in value.
Navy Federal GO REWARDS Cardholders will earn 3 points for every $1 of net purchases made at restaurants, 2 points for every $1 of net purchases made for gas, and 1 point for every $1 of other net purchases. “Net purchases” means the sum of your eligible purchase transactions minus returns and refunds.
Just to clarify, the maximum for any one card is $50k except for Flagship, which is $80k.
Which Credit Bureau Does Navy Federal Pull For Credit Cards? Navy Federal Credit Union pulls information from all three major credit bureaus — TransUnion, Equifax, and Experian.
The easiest Navy Federal card to get is the Navy Federal Credit Union nRewards® Secured Credit Card. You can qualify even with a credit score of 639 or less. To apply for a Navy Federal Credit Union credit card, you have to be an NFCU member.
By Navy Federal | July 23, 2020 | Tag(s):
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Keep Up Good Credit Habits
Navy Federal may also extend you an automatic credit limit increase – as often as once every six months but probably not so frequently. The evaluation for an automatic increase uses a soft credit pull, which does not affect your credit score.
The easiest Navy Federal card to get is the Navy Federal Credit Union nRewards® Secured Credit Card. You can qualify even with a credit score of 639 or less. To apply for a Navy Federal Credit Union credit card, you have to be an NFCU member.
Points expire four years from the month in which they were earned, as long as the account is open. 7. Points may be redeemed by signing into online banking at navyfederal.org or by calling Navy Federal and accessing your rewards information.
To prepare, you might want to have at least three cards: two that you carry with you and one that you store in a safe place at home. This way, you should always have at least one card that you can use. Because of possibilities like these, it's a good idea to have at least two or three credit cards.
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