- Sign-Up Bonus
- 2.5
- Spending Multipliers
- 2.5
- Credits & Features
- 0.5
- Fees
- 5
- Application
- 4
- Issuer
- 4
Summary
- Sign-Up Bonus
- 2.5
- Spending Multipliers
- 2.5
- Credits & Features
- 0.5
- Fees
- 5
- Application
- 4
- Issuer
- 4
The Navy Federal cashRewards from Navy Federal Credit Union** is a straightforward, no-annual-fee cash back credit card built specifically for Active Duty and retired military members, veterans, eligible family members, and Department of Defense civilian personnel. Cardholders earn unlimited 1.5% cash back on every purchase, making it a solid option for service members who prefer simple, predictable rewards without tracking bonus categories. With no foreign transaction fees, no balance transfer fees, and no cash advance fees, this card is especially valuable for military families stationed overseas or those who travel frequently. While the 1.5% cash back rate is lower than some premium flat-rate cards, the combination of low costs and benefits like a Car Rental Collision Damage Waiver makes the Navy Federal cashRewards card a practical, low-maintenance choice for eligible members seeking reliable everyday rewards.
Pros
Cons
Issuer
Navy Federal Credit Union, established during the Great Depression by Navy Department employees, serves the financial needs of its 13 million member-owners, including military personnel, veterans, DoD employees, and their families. As the largest US credit union, it operates 354 branches worldwide in 26 countries. Offering a comprehensive range of financial products, including savings, checking, CDs, credit cards, and various loans, Navy Federal Credit Union emphasizes affordability and manageable terms. With approximately $181 billion in assets and $14 billion in annual revenue in 2024, the credit union stands as a financially stable institution. Committed to corporate social responsibility, Navy Federal prioritizes its people, purpose, and the planet, fostering employee well-being, improving members' financial health, and adopting sustainable business practices. The credit union's partnerships, such as with Alacriti for real-time payments, highlight its dedication to innovation. Navy Federal Credit Union's mission centers on member-focused, not-for-profit principles, guided by values of Service, Integrity, and Community. NCUA insured and an equal housing lender, Navy Federal Credit Union maintains regulatory compliance.
Spending Multipliers
1.5%
Unlimited cash back on all purchases
Credits & Features
Application
- You need to be a Navy Federal member to get this card
- Your credit score and history should be very good too excellent to qualify for this card
- You can check if you pre-qualify before applying
Fees
- No Annual Fee
- No Foreign Transaction Fee
- Up to $20 late fee
- No return payment fee
- 14.15% - 18.00% Variable APR
- 18.00% APR for Cash Advance
- $0.50 domestic or $1.00 foreign cash advance fee, none at Navy Federal ATMs or branch
- 14.15% - 18.00% APR for Balance Transfers
- No balance transfer fee