nRewards Secured

The Navy Federal nRewards Secured from Navy Federal Credit Union is a no-annual-fee secured credit card designed for Active Duty and retired military members, veterans, eligible family members, and Department of Defense civilian personnel who are building or rebuilding their credit. Unlike many secured cards, it earns rewards on all purchases, offers automatic credit limit increases without requiring an additional deposit, and allows cardholders to become eligible to receive their security deposit back within six months while upgrading to the cashRewards card. With no foreign transaction fees, balance transfer fees, or cash advance fees, plus added benefits like a Car Rental Collision Damage Waiver and credit limit evaluations after three months, this card provides both security and value. It is ideal for military consumers seeking a responsible, rewards-earning way to establish credit while enjoying practical travel protections and a path to an unsecured rewards card.

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