cashRewards Plus

The Navy Federal cashRewards Plus from Navy Federal Credit Union is a premium flat-rate cash back credit card designed exclusively for Active Duty and retired military members, veterans, eligible family members, and Department of Defense civilian personnel. Offering unlimited 2% cash back on every purchase with no annual fee, no foreign transaction fees, no balance transfer fees, and no cash advance fees, this card delivers exceptional everyday value for service members who want simple, high-return rewards without extra costs. Its built-in Car Rental Collision Damage Waiver adds travel protection benefits, making it especially attractive for military families who travel frequently or are stationed overseas. While membership eligibility is limited to the military community, those who qualify will find the Navy Federal cashRewards Plus card a powerful, low-cost option for maximizing cash back and minimizing fees worldwide.

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.

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Credits & Features