Navy Federal Cash Rewards Credit Card Review | Features | How to Apply

Navy Federal Cash Rewards Credit Card

Navy Federal Cash Rewards Credit Card

The Navy Federal Cash Rewards Credit Card is a credit card designed for members of the Federal Navy, which helps them to take advantages of their most popular card. Once you have opened a Cash Rewards card today, you will receive a 1.5% discount on your purchases.

If you’re looking for a simple cash-back but do not want to track different expense categories or bonus purchases, this card may be a good option. The card offers a cashback of 1.5% on every purchase. So, if you use the card for all purchases, you can bring home a substantial amount of money. For example, if you spend about $ 1,600 a month for 12 months, you can earn close to $ 300 by the end of the first year of your card. Even a modest monthly expense of $ 500 can bring you nearly $ 100 in cash

Navy Federal Cash Rewards Credit Card Features

Purchase APR is between 10.65% and 18.0%. Rates are calculated based on the creditworthiness and may vary depending on the market based on the main rate.

The APR on cash advances is variable and can reach up to 2% of the APR on purchases, but must not exceed 18%.

The cash advance fees are 2% of the balance due or $ 20, whichever is larger.

There are no Annual fees

No balance transfer

No Foreign Transaction fees

How to Apply for a Navy Federal Cash Rewards Credit Card

Determine your credit needs

Choose a personal account

Select a rewards program

Completely Fill the application form and then send it by post in a well-addressed envelope with all the necessary documents. You can also visit the AMEX credit card website and click on “Reply to offer by mail”.

To Apply, you can also Visit the AMEX website, click “Start”, select the Navy Federal Cash Rewards credit card, then tap “Apply Now”.

Enter your personal information such as social security number, your postal address, your state of residence (own or tenant). You can also provide an estimate of your family’s annual income and any other information requested.