6 Best Navy Federal Credit Cards of 2024 (2024)

Best for Cash Back: cashRewards Credit Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (1)

cashRewards Credit Card

Annual Fee

$0

Regular APR

14.90%-18.00%, Variable

APR: 14.90%-18.00%, VariablePenalty APR: Up to 18.00%, VariableCash Advance APR: 20.00%, Variable

Intro Bonus

Earn $300 cash back when you spend $3,000 within 90 days of account opening and get a one-time $98 statement credit when you pay $49 or more for an annual Walmart+ membership using your card.

$300 bonus cash back and one-time $98 annual Walmart+ membership statement credit

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Average – Excellent

6 Best Navy Federal Credit Cards of 2024 (2)

Pros

  • Up to 1.75% cash back on all purchases
  • No annual fee
  • No rewards limitations
6 Best Navy Federal Credit Cards of 2024 (3)

Cons

  • Requires direct deposit for highest rewards
  • No introductory APR offer
  • No bonus categories

Why we chose it: If you like cash back without having to keep up with categories, expiration dates or spending caps, this may be the card for you. Cardholders earn a flat 1.5% cash back on all purchases, which is on par with most flat-rate cards on the market. However, if you have an NCFU checking or savings account, you can push the earning rate to 1.75% by signing up for direct deposit.

Why we love this card: With unlimited rewards, elevated cash back and no expiration date on rewards, what’s not to love about the Navy Federal cashRewards card? All purchases earn 1.5% cash back no matter the category, but if you have a direct deposit set up with NFCU, you’ll earn 1.75% cash back. Walmart+ fans may also want to apply, as you’ll get a one-time $98 statement credit after paying $49 or more for an annual Walmart+ membership with your cashRewards credit card.

Who should have this in their wallet: If you’re someone who prefers to keep your rewards simple, then it doesn’t get much more simple than this. If you’re already an NFCU checking or savings account holder with direct deposit, you’ll benefit even more from this card.

Other cards to consider: If you like a straightforward cash back program but need a strong introductory offer on balance transfers, consider the PenFed Power Cash Rewards Visa Signature® Card. It offers up to 2% cash back on all purchases as a PenFed Honors Advantage Member and includes an intro APR on balance transfers.

Best for Everyday Spending: Navy Federal More Rewards American Express® Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (4)

Navy Federal More Rewards American Express® Card

Annual Fee

$0

Regular APR

14.90%-18.00% Variable

Intro Bonus

Get our Navy Federal More Rewards American Express® Card, and you can earn 20,000 bonus points (a $200 value) when you spend $2,000 within 90 days of account opening. Expires on Jan. 01, 2024

20,000 bonus points

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Fair – Excellent

6 Best Navy Federal Credit Cards of 2024 (5)

Pros

  • High rewards on common daily spending categories
  • No annual fee
  • Includes first-year welcome offer
6 Best Navy Federal Credit Cards of 2024 (6)

Cons

  • Earning the welcome bonus requires $3,000 in spending in three months
  • Reward points aren’t transferable
  • High cash advance APR

Why we chose it: If you’re looking to earn higher rewards on your biggest spending categories—including restaurants, food delivery, supermarkets, gas stations and transit—then this may be the ideal Navy Federal card for you. Plus, you can redeem rewards for an extensive range of redemption options, from cash back to travel to gift cards.

Why we love this card: We all know how expensive everyday life is these days. The Navy Federal More Rewards American Express® Card offers 3X points on gas stations, supermarkets, transit, restaurants and food delivery. When it’s time to redeem, use your points for travel, such as airline tickets, car rental and hotel purchases. Or, use points for cash back (as a statement credit), gift cards or merchandise.

Who should have this in their wallet: If you spend more in the bonus categories as part of your everyday spending, you can quickly earn rewards by simply using this card. It’s also a great card for any overseas trip as you won’t pay foreign transaction fees. Finally, after paying with your More Rewards Credit Card, Walmart+ membership enrollees will earn a one-time $98 statement credit.

Other cards to consider: To earn rewards with Visa or Mastercard card (for more broad-based merchant acceptance), the Navy Federal Credit Union GO REWARDS® Credit Card offers a similar rewards structure with 3X points at restaurants and 2X points on gas purchases.

Best for Travel Benefits: Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (7)

Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card

Annual Fee

$49

$0 intro annual fee for the first year. After that, a $49 annual fee applies.

Regular APR

15.24%-18.00%, Variable

Intro Bonus

Earn 40,000 bonus points (a $400 value) when you spend $3,500 within 90 days of opening your account.

40,000 bonus points

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Good – Excellent

6 Best Navy Federal Credit Cards of 2024 (8)

Pros

  • One-time annual fee waiver and free Amazon Prime membership for a year
  • Up to a $100 statement credit for Global Entry or TSA PreCheck
  • Includes travel accident insurance and emergency assistance
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Cons

  • $49 annual fee
  • No introductory APR
  • Very high spending requirement within the first 90 days to earn bonus points

Why we chose it: If you love to travel, then why not earn a little extra for it? You can earn 3X points on travel with the Visa Signature Flagship Rewards card as well as 2X points on all other purchases. Then redeem points for cash back, car rentals, airline tickets and more.

Why we love this card: Whether you love a good road trip or traveling abroad, the Visa Signature Flagship Rewards Credit Card has travelers in mind. Not only do travel purchases earn 3X points, but all other purchases earn 2X points, so you can use it for everyday expenses too. Plus, it includes Worldwide Automatic Travel Accident Insurance, travel and emergency assistance and one free year of Amazon Prime.

Who should have this in their wallet: Anyone who frequently uses a credit card for travel purchases can likely benefit from this card, especially when you take advantage of the Global Entry or TSA PreCheck credit. Plus, you can still earn substantial rewards on everyday purchases, ideal for those who want a well-rounded card.

Other cards to consider: If you don’t travel often and don’t want to meet the $3,500 spending requirement, the More Rewards American Express card offers boosted rewards on gas, groceries, transit, restaurants and food delivery.

Best for Dining Out: Navy Federal Credit Union GO REWARDS® Credit Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (10)

Navy Federal Credit Union GO REWARDS® Credit Card

Annual Fee

$0

Regular APR

14.24% – 18.00% Variable

Intro Bonus

15,000 bonus points

Get our GO REWARDS® credit card, and you could earn 15,000 bonus points (a $150 value) when you spend $1,000 within 90 days of account opening.

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Good – Excellent

6 Best Navy Federal Credit Cards of 2024 (11)

Pros

  • No annual fee
  • Variety of redemption options for rewards
  • Features intro APR on purchases (although short)
6 Best Navy Federal Credit Cards of 2024 (12)

Cons

  • No welcome bonus offered
  • No intro APR on balance transfers
  • Not as many travel or purchase protection perks

Why we chose it: If you eat out often, the GO REWARDS card offers rewards designed for you. You earn 3X points at restaurants, 2X points on gas and 1X points on everything else, making this card ideal for today’s on-the-go lifestyle.

Why we love this card: If your idea of cooking means letting someone else do all the work, the GO REWARDS card has you in mind. Cardholders earn 3X points on restaurants and 2X points on gas purchases, ideal for those on the go. You can also earn 15,000 bonus points after spending $1,000 on purchases in the first 90 days of account opening, further adding to the card’s potential value.

Who should have this in their wallet: This card is ideally suited for those with a busy lifestyle needing a card that can keep up. It also works well for the occasional overseas traveler because it has zero foreign transaction fees and is issued on either the Visa or Mastercard networks.

Other cards to consider: If you prefer an even more straightforward rewards structure, consider the cashRewards card. Cardholders can earn up to 1.75% cash back on all purchases, making it simpler to earn maximum rewards no matter where the card is used.

Best for Balance Transfers: Navy Federal Credit Union Platinum Credit Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (13)

Navy Federal Credit Union Platinum Credit Card

Annual Fee

$0

Regular APR

11.24% – 18.00% Variable

Intro Bonus

Transfer your non-Navy Federal balances within 60 days of getting a Platinum card, and you’ll pay a 0.99% intro APR on the balance transfer for 12 months from account opening. After that, a variable APR between 11.24% and 18% applies.

0.99% intro APR

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Good – Excellent

6 Best Navy Federal Credit Cards of 2024 (14)

Pros

  • Lower ongoing APR
  • Introductory APR on balance transfers
  • No annual fee
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Cons

  • No introductory APR on purchases
  • No rewards program
  • Few cardholder benefits

Why we chose it: If you carry a balance on a higher-interest credit card and would like to get a lower APR, the Platinum Credit Card offers a 0.99% introductory APR on balance transfers for the first 12 months. When your promotional APR is over, you might qualify for a variable APR as low as 11.24%, although the APR can go up to 18.00%, depending on your unique credit situation.

Why we love this card: The Platinum Credit Card is worth considering if you’re focused on paying down high-interest debt. It features a low introductory APR on balance transfers, after which you’ll be charged a variable APR within a fairly low range. As with other NFCU cards, you won’t pay a pesky balance transfer fee that eats into your initial payment.

Who should have this in their wallet: If rewards are not your focus and you’d rather tackle your existing credit card debt, you can potentially save a decent chunk of money with this card. You’ll avoid costly high-interest charges, an annual fee and balance transfer fees, making it a much more affordable option.

Other cards to consider: If you need a longer period for paying off a balance transfer, the PenFed Gold Visa® Card may appeal to you. It offers a 15-month 0% intro APR on both purchases and balance transfers made in the first 90 days after account opening, plus a competitive non-variable 17.99% APR when the introductory period ends (variable for purchases). Keep in mind that there is a 3% fee for all balance transfers, however.

Best Secured Credit Card: Navy Federal Credit Union nRewards® Secured Credit Card

How we rate our cards Advertiser disclosure

6 Best Navy Federal Credit Cards of 2024 (16)

Navy Federal Credit Union nRewards® Secured Credit Card

Annual Fee

$0

Regular APR

18.00%, Variable

Intro Bonus

N/A

Credit Score

Credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit.

Fair – Good

6 Best Navy Federal Credit Cards of 2024 (17)

Pros

  • Ideal for establishing or rebuilding credit
  • Balance transfer available
  • Earn 1X points on all purchases
6 Best Navy Federal Credit Cards of 2024 (18)

Cons

  • No introductory APR
  • Few cardholder benefits
  • Maximum credit limit is $5,000

Why we chose it: Whether you have limited credit or less-than-perfect credit, the nRewards Secured Card offers a lower-cost solution for those trying to change their credit profile. While you do have to put down a security deposit to establish a credit line, you can earn rewards and enjoy a competitive APR if you do have to carry a balance.

Why we love this card: The Navy Federal Credit Union nRewards Secured Card lets you choose your credit limit. You can deposit anywhere from $200 to $5,000 in your Navy Federal savings account as your security deposit. You also earn points on all purchases and rewards aren’t as common with secured credit cards.

Who should have this in their wallet: If you have a limited credit history or credit score you’d like to improve, the nRewards Secured Card may be a strong option. It’s a low-cost card with no annual fee, no balance transfer fees and a competitive 18.00% variable APR—one of the lower APRs available among secured credit cards.

Other cards to consider: If you want a stronger rewards program and a lower intro balance transfer APR, consider the Discover it® Secured Credit Card. You’ll earn 2% cash back on gas station and restaurant purchases (up to $1,000 in purchases each quarter, then 1%) and 1% back on everything else. Plus, Discover will match all rewards earned at the end of your first year.

What Are the Benefits of Navy Federal Credit Union Credit Cards?

Navy Federal Credit Union offers a number of perks and benefits to all of its cardholders, but many are designed with internationally stationed servicemembers in mind. This may benefit you if you’re a heavy traveler.

If you’re stationed overseas, you’ll benefit from the fact that none of the credit union’s cards charge a foreign transaction fee. Many credit cards charge a 3% foreign transaction fee, so that savings will add up quickly when using your card abroad.

In addition, you can get a credit card cash advance from a foreign ATM for only $1 plus owner fees, significantly lower than the percentages charged elsewhere. The APR for credit card cash advances are only slightly higher than your variable APR.

Navy Federal Credit Union also doesn’t charge balance transfer fees; many banks charge between 1% and 5% to transfer a balance. That makes these cards appealing if you want to consolidate multiple credit card balances into one.

Cardholders also benefit from zero liability for unauthorized transactions, fraud notifications, access to their credit score and the ability to freeze and unfreeze their accounts. Plus, NFCU’s credit card interest rates top out at 18%, far below most other credit cards.

How Do I Get Approved for a Navy Federal Credit Card?

To get a credit card from Navy Federal Credit Union, you must join the credit union. To join, you must meet eligibility requirements and open a bank account at the credit union. Navy FCU membership is extended only to those who are:

  • Active duty service members, retirees and veterans
  • Military family members and household members
  • Department of Defense civilian employees and contractors

If you’re applying for the nRewards Secured in particular, you must also have an NFCU savings account with at least a $200 balance.

You can apply online or by calling customer service. You’ll have to supply personal information such as your address and Social Security number, income and employment details, plus ongoing monthly expenses like your mortgage. You can increase your chances of getting approved by having a good to excellent credit score.

Pros and Cons of Navy Federal Credit Union Credit Cards

6 Best Navy Federal Credit Cards of 2024 (19)

Pros

  • Low interest rates
  • Most cards don’t charge fees
  • Valuable rewards and perks with some cards
6 Best Navy Federal Credit Cards of 2024 (20)

Cons

  • Not available to the general public
  • No high-end travel card options
  • Other card issuers offer better reward-rate cards

What Are the Navy Federal Credit Card Interest Rates?

It’s a smart idea to know the interest rates of a credit card before you apply, especially if you’re unsure whether or not you’ll have to carry a balance. Navy Federal credit cards have the following purchase APRs:

  • cashRewards Credit Card: 14.90% to 18.00% variable
  • More Rewards American Express Card: 14.90% to 18.00% variable
  • Visa Signature Flagship Rewards Credit Card: 15.24% to 18.00% variable
  • GO REWARDS Card: 14.24% to 18.00% variable
  • Platinum Credit Card: 11.24% to 18.00% variable
  • nRewards® Secured Card: 18.00% variable

How Do I Choose the Best Navy Federal Credit Union Card for Me?

Choosing the best Navy Federal credit card for you can be tricky. Consider these factors as you’re weighing your options.

Know Your Credit Score Before Applying

The first step in choosing the best Navy Federal credit card for you is knowing your credit score. Having a higher score improves your approval chances. Plus, your score partially determines the interest rate you’ll receive.

Match to Your Spending Style

If you’re choosing a rewards card, look for one where you receive the most rewards on categories you already shop in. That way, you’re not using your credit card unnecessarily or chasing rewards while risking taking on too much debt. Popular spending categories with higher rewards include gas, groceries, telecommunications, streaming and dining.

You may also prefer a flat-rate cash back card, like the NFCU cashRewards card, where you earn up to 1.75% cash back on all purchases.

Look at the Additional Benefits

Credit cards often offer valuable benefits that mean more to your bottom line. For example, a card may include travel benefits such as emergency services or lost luggage insurance. If you find yourself frequently shopping or traveling, look for a card with greater benefits if possible.

Review the Rates and Fees

Each card has its own rate and fee structure, and you should review this before committing to an NFCU credit card (or any other credit card). In addition to an annual fee, look for info on late payment fees, foreign transaction fees, balance transfers and cash advances. Comparing the fee schedule will showcase how much a card actually costs and if it’s an affordable choice for you.

Alternatives to Navy Federal Credit Cards

No-Annual-Fee Cards

There are plenty of great no-annual-fee cards on the market that offer solid rewards rates on everyday spending (and even a few perks). Consider options from our list of the best no-annual-fee credit cards, including the Chase Freedom Unlimited® and Capital One SavorOne Cash Rewards Credit Card. The Freedom Unlimited earns at least 1.5% cash back on all purchases, while the SavorOne features rewards categories for dining and entertainment fanatics.

Premium Travel Cards

If you’re in the market for a benefit-packed, high-earning travel credit card and are willing to look outside of Navy Federal Credit Union, Chase and American Express offer options worth considering. The Platinum Card® from American Express is one of the most premium credit cards available, with over $1,500 worth of statement credit opportunities and merchant offers. Further, the Chase Sapphire Reserve® earns high, uncapped rewards on travel and dining, plus a points boost for travel booked through Chase’s Travel℠ portal.

Flat-Rate Rewards Cards

If you’d prefer to keep things simple, there are plenty of flat-rate cash back credit cards to consider that can earn you 1.5% to 2.5% cash back. The Alliant Cashback Visa® Signature Credit Card earns up to 2.5% back on your first $10,000 in purchases each billing cycle, after which you’ll earn 1.5% back. If you’d prefer no spending caps, the Wells Fargo Active Cash® Card earns a flat 2% cash rewards on purchases, no matter what.

Frequently Asked Questions

How Can I Get a Higher Credit Limit With a Navy Federal Credit Card?

Navy Federal offers several options for requesting a higher credit limit. You can log in to your account online and submit a request through the secure online banking portal. You can also call customer service and speak to a representative. You’ll have to provide employment information, income details and housing expense information for consideration.

What Credit Score Is Good for a Navy Federal Credit Card?

It depends on what credit card you’re applying for. Almost all Navy Federal credit cards require a good to excellent credit score, which means a minimum FICO Score of 670. However, the nRewards Secured card doesn’t have as strict of a credit score requirement because it’s a secured card.

What’s the Easiest Navy Federal Credit Card To Get Approved For?

The nRewards Secured card from Navy Federal is the easiest Navy Federal credit card to get approved for because it’s a secured card. You might be eligible for this card even if you have bad credit or a limited credit history. You can also prequalify for the card without impacting your credit score if you’re concerned about your approval odds.

6 Best Navy Federal Credit Cards of 2024 (2024)
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