Navy Fed Cash Rewards Plus Review: A Cash Back Credit Card with No Fees

The Navy Fed Cash Rewards Plus is a cash back credit card that offers a range of benefits without any fees. You can earn 1.5% cash back on all purchases, with no rotating categories or spending limits.

This card is designed for Navy Federal members, who can earn rewards on every purchase they make. With no annual fee or foreign transaction fees, you can use this card for both everyday spending and international travel.

The Navy Fed Cash Rewards Plus also offers a sign-up bonus of 1% cash back on all purchases made in the first 90 days, up to $200 cash back. This is a great incentive for new cardholders to start earning rewards right away.

To get started with the Navy Fed cash rewards plus, you'll need to be a member of Navy Federal Credit Union, which is available to current and former US military members, their families, and Department of Defense personnel.

Membership can make a big difference in your approval chances, especially if you have a stable account history with the credit union.

You'll also need a good to excellent credit score, comparable to most other cash back cards with good cash back rates.

Approved applicants often receive a minimum credit limit of $5,000, which is a decent starting point for building your credit.

Those who upgrade from the standard Navy Federal cashRewards card report a quick and hassle-free process.

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The cashRewards Plus card offers a 2% cash back rate on all purchases, ranking 2nd among 77 cards.

This rate is among the highest in the cash-back category, making it a competitive rewards program.

Cash back rewards can be redeemed anytime, allowing cardholders to maximize their rewards without worrying about redemption limits or expiration dates.

The rates for this program are quite straightforward. The variable APR for purchase and balance transfers is between. This means you won't have to worry about a fixed rate that might be higher than you expect.

The terms and conditions of the program are outlined, but it's worth noting that the specific details are not provided here.

The cashRewards Plus card has a low regular APR that ranges from 15.90% to 18.00%.

The card offers no annual fee, making it a great option for those who don't want to pay extra for a credit card.

You can earn up to 2% cash back on all purchases, depending on the version of the card you get.

The card also has no foreign transaction fees, no balance transfer fees, and no cash advance fees.

Here's a breakdown of the fees associated with the card:

The cashRewards Plus card offers a straightforward and competitive rewards program.

This rate is among the highest in the cash-back category, ranking 2nd among 77 cards.

The cash back rewards can be redeemed anytime.

Rewards never expire as long as the account remains open, giving cardholders flexibility to maximize their rewards.

The Navy Federal cashRewards Plus credit card offers a generous rewards program with no annual fees or rotating spend categories.

You can earn unlimited 2% cash back with cashRewards Plus or unlimited 1.5% cash back with cashRewards, depending on the card version.

There's no rewards limit, so you can continue to accrue more cash back until you're ready to redeem.

You can also earn up to 1.75% cash back if you have a direct deposit at Navy Federal.

Here are the benefits of the Navy Federal cashRewards Plus credit card:

You can earn unlimited 2% cash back with cashRewards Plus or unlimited 1.5% cash back with cashRewards. The cash back rate is pretty good, comparing to the Chase Freedom lineup of cards.

To maximize your cash back, you can earn $250 cash back with a Navy Federal cashRewards Plus or cashRewards card when you spend $2,500 within 90 days of account opening. This offer is available on both the cashRewards Plus and cashRewards cards.

No rewards limit means you can continue to accrue more rewards until you're ready to redeem. And, with no minimum threshold for redemption, you can redeem your rewards whenever you want.

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Here are the details on the cash back offers:

The cashRewards Plus card also offers a one-time $98 statement credit when you pay $49 or more for an annual Walmart+ membership using your card.

The Wells Fargo Active Cash Card is a great option for those looking for a rewards credit card with a flat rate of 2% back on purchases. This card offers a generous intro APR offer of 0% intro APR on purchases and qualifying balance transfers for 12 months from account opening.

New cardholders can take advantage of a $200 cash rewards bonus after spending $500 in purchases in the first three months from account opening. This is a great way to earn some extra cash back on your purchases.

One of the benefits of the Wells Fargo Active Cash Card is that it doesn't require credit union membership or military affiliation, making it more accessible to a wider range of people. This is in contrast to some other credit cards that have more restrictive requirements.

The Wells Fargo Active Cash Card also comes with an easy way to redeem rewards: you can use them to book travel through Wells Fargo Autograph transfer partners for additional value. This can be a great way to make the most of your rewards earnings.

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The Navy Federal cashRewards Plus Credit Card has a 4.7 issuer satisfaction rating, indicating a very positive experience with the credit union.

Navy Federal Credit Union's customer service is regularly praised for its responsiveness and willingness to work with members, which resonates well with long-term cardholders.

Cardholders appreciate the credit union's customer-centric approach, making it a great option for those who value excellent customer service.

If you're approved for a credit limit of $5,000 or more, you'll receive a cash Rewards Plus card.

You can pre-qualify for this card as an NFCU member, which allows you to check your eligibility without submitting a credit report check. This pre-qualify check does not affect your credit score.

If you're just starting out with credit cards, consider applying for a no annual fee card to build your credit score. A no annual fee cash back card is a great place to start, and Navy Federal offers a great option.

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If you're approved for a credit limit of $5,000 or more, you'll receive a cashRewards Plus card.

You can get approved for the cashRewards Credit Card with a no annual fee card from Navy Federal, which is a great place to start building your credit.

As an NFCU member, you can Pre-Qualify for this card, which allows you to check your eligibility without submitting a credit report check.

This Pre-Qualify check does not affect your credit score, so you can try it out without worrying about any potential impact on your credit history.

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APR is an important factor to consider when applying for a credit card. The APR, or annual percentage rate, is the interest rate charged on your balance.

Navy Federal Credit Union offers two credit cards with variable APRs, ranging from 15.15% to 18.00%. This means that your APR will be different from the standard rate, depending on your card and credit history.

The APR for cash advances is 2% above your variable APR, which can add up quickly if you're not careful.

Here's a breakdown of the APRs for the Navy Federal Credit Union cashRewards Plus Credit Card and the Navy Federal Credit Union cashRewards Credit Card:

It's worth noting that neither card offers a zero-interest APR for new cardholders, so be sure to pay off your balance in full each month to avoid interest charges.

Additional reading: Apple Cash Interest Rate

You can redeem your cash-back rewards from the Navy Federal Cash Rewards Credit Card directly into your Navy Federal bank account.

Redeeming cash back is easy and flexible, with no minimum thresholds for redemption.

You can choose to redeem your rewards for any amount, whether it's $5 or $500, and have it credited to your account or applied as a statement credit toward your card balance.

Redeeming rewards can be a straightforward process, especially with the Navy Federal Credit Union cashRewards Credit Card, which has no minimum thresholds for redemption.

You can log into your account online or through the Navy Federal app to view your rewards balance by selecting your card. From there, you can redeem your cash-back rewards for any amount, whether you've accrued $5 or $500.

Redeeming rewards can be done directly into your Navy Federal bank account, or as a statement credit toward your card balance.

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You can pair the Navy Federal cashRewards Plus with a no-annual-fee cash back card with bonus categories for a good strategy.

The cashRewards Plus earns unlimited 2% cash back, which is a great foundation for any rewards redemption plan.

Pairing it with a card that offers bonus categories can help you earn even more rewards in specific areas.

Network benefits vary by card, so be sure to choose a card that complements the cashRewards Plus.

By pairing these cards, you can maximize your rewards earnings and create a solid rewards redemption plan.

The Navy Federal cashRewards Plus Card is an excellent choice for Navy Federal Credit Union members, offering unlimited 2% cash back on all purchases with no annual fee or balance transfer fees.

It's a strong option for those with good credit, as it has a low regular APR and doesn't charge foreign transaction fees. However, you must be an NFCU member to apply, which typically requires a military background or a family member with one.

The card's main limitation is the lack of an introductory APR, which is offered by many similar cash back cards. If you're not an NFCU member, the Wells Fargo Active Cash Card is a good alternative, offering the same 2% cash back rate plus a 0% intro APR on purchases and balance transfers.

Here's a comparison of the Navy Federal cashRewards Plus with the Wells Fargo Active Cash Card:

Ultimately, the Navy Federal cashRewards Plus is a great option for those who meet the membership requirements and want a simple, no-fee cash back card with a high cash back rate.

Customer feedback is an essential part of evaluating any credit card, and Navy Federal Credit Union's cashRewards Credit Card and cashRewards Plus Credit Card have received overwhelmingly positive reviews from everyday cardholders.

Our experts scoured online forums like Facebook and Reddit to gather feedback from actual users, providing a well-rounded understanding of these credit cards.

The Navy Federal cashRewards Plus Credit Card has an issuer satisfaction rating of 4.7, indicating a very positive experience with the Navy Federal Credit Union.

NFCU's customer service is also highly praised for its responsiveness and willingness to work with members, which resonates well with long-term cardholders.

The Navy Federal cashRewards Plus Credit Card is a top contender in the cash back credit card market. It offers an excellent cash back score of 5 out of 5, ranking 2nd among 77 cash back cards reviewed.

One of its standout features is the unlimited 2% cash back on all purchases, with no annual fee, balance transfer fees, foreign transaction fees, or cash advance fees. This makes it an attractive option for those who want a straightforward cash back program.

If you're not a Navy Federal Credit Union member, you may want to consider the Wells Fargo Active Cash Card, which offers the same 2% cash back rate and a 0% intro APR on purchases and balance transfers.

The Navy Federal cashRewards Plus Credit Card is available to Navy Federal Credit Union members only, typically requiring a military background or membership through a family member. If your credit limit is below $5,000, you'll receive the Navy Federal cashRewards card instead, which offers a lower cash back rate of 1.5%.

Here's a comparison of the two cards:

The Navy Federal cashRewards Plus Credit Card has an issuer satisfaction rating of 4.7, indicating a very positive experience with the Navy Federal Credit Union. This is backed up by customer feedback, which praises the credit union's responsiveness and willingness to work with members.