Navy Federal Credit Union® More Rewards card review | finder.com

Navy Federal More Rewards American Express® Card review

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Navy Federal More Rewards American Express® Card

Get one of the biggest welcome offers on a no-annual-fee card.

  • Get this card if you’re a Navy Federal Credit Union member who wants to earn points on groceries, gas and dining.
  • Pick something else if you want a 0% intro APR period.
  • Apply with a good to excellent credit score of 670 or higher.
Product NameNavy Federal More Rewards American Express® Card
Card TypeAmerican Express
Annual Fee$0
Standard Purchase APR11.9% to 18% variable
Intro Purchase APR1.99% for the first 6 months (then 11.9% to 18% variable)
Standard Balance Transfer APR11.9% to 18% variable
Intro Balance Transfer APR

N/A

Balance Transfer FeeNone
Cash Advance Rate13.9% to 20% variable
Foreign Transaction FeeNone
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $20
Returned Payment FeeUp to $20
Minimum Age18 years of age
Welcome Offer30,000 points after spending $3,000 in the first 90 days
Rewards3x points at supermarkets and gas stations, 2x at restaurants, and 1x on all other purchases
Base Rewards1x points

The basics

The Navy Federal More Rewards American Express® Card can be your family’s best friend. The card lets you earn accelerated rewards on groceries, gas and dining, and you can earn a generous welcome offer if you meet the spending requirements. You can also save money on interest with an ongoing low APR on purchases, balance transfers and cash advances. On top of all that, you won’t pay some of the most common fees.

But not everyone can apply — you must be affiliated with the military to become a member of this credit union.

Another rewards card for military

PenFed Platinum Rewards Visa Signature® Card

  • 0% APR promo balance transfer rate for 12 months now through September 30, 2019. After that, the APR for the unpaid balance and any new balance transfers will be 11.99% to 17.99%. APR will vary w/the market based on prime rate. 3% balance transfer fee per transaction. Subject to credit approval. $100 bonus after spending $1,500 in purchase transactions within the first 90 days of account opening.
  • Rate and offers current as of June 1, 2019 and subject to change.
  • Earn 5 points on gas purchases at the pump. Fuel purchases for airplanes and boats do not receive cash back rewards.
  • Earn 3 points on supermarket purchases
  • Earn 1 point on all other purchases
  • No annual fee
  • No foreign transaction fees
  • No cash advance fee
  • Chip enabled for added security
  • Federally insured by NCUA
  • Variable rate as low as 11.99% APR
Read less
Read more
Promoted

Card benefits

  • Welcome offer.
    Earn one of the most generous welcome offers possible with a no-annual-fee card — 30,000 bonus points after you spend $3,000 in the first 90 days of account opening. That’s worth $300 in redemption value according to Navy Federal Credit Union website.
  • Reward points.
    Earn 3x points at supermarkets and gas stations, 2x points at restaurants, and 1x points on all other purchases you make with the card.
  • Potentially low APR.
    You can get a variable APR of 11.9% to 18% based on your creditworthiness.
  • Intro APR on purchases.
    Use 1.99% intro APR period on purchases for your first 6 months of card membership. After the intro period expires, your rate reverts to variable 11.9% to 18%.
  • Limited fees.
    This card waives some of the most common fees, including your annual fee, foreign transaction fees, balance transfer fees and cash advance fees when making withdrawals at Navy FCU ATMs.

What to watch out for

  • No intro 0% APR period.
    Compare 0% intro APR credit cards if that’s something you’re looking for.

How to apply for the Navy Federal More Rewards American Express® Card

To apply for the card, you must be a Navy Federal Credit Union member. Once you are:

  1. Visit the Navy Federal Credit Union website and locate the card.
  2. Click Apply and sign in.
  3. Fill out the application form.
  4. Review the form and submit.

What credit score do I need?

You need a good to excellent credit score of 670 or higher.

Are you eligible for Navy Federal Credit Union membership?

To be eligible for this credit union membership you need to be:

    • Active duty, retired or a veteran.
      Army, Marine Corps, Navy, Air Force, Coast Guard and Delayed Entry Program (DEP); Air National Guard; DoD reservists; DoD officer candidate/ROTC and veterans, retirees and annuitants.
  • Family members.
    Parents, grandparents, spouses, siblings, children, grandchildren and household members.
  • Department of Defense civilians.
    DoD civilian employees, US Government employees assigned to DoD installations, DoD contractors and DoD civilian retirees and annuitants.

Compare rewards credit cards

Name Product Welcome Offer Rewards Annual Fee Filter values
$150 after spending $1,000 in the first 3 months
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
$0
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & fees
75,000 points after spending $1,000 in the first 3 months
7x points on Hilton Honors purchases, 5x at US restaurants, US supermarkets and US gas stations, 3x on all other purchases
$0
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & fees
3% cash back bonus on up to $10,000 in the first 12 months, then 1.5%
3% cash back on up to $10,000 in the first 12 months, then 1.5% on all purchases
$0
Earn 3% cash back on up to $10,000 in the first 12 months, then 1.5% on all purchases. See Rates and Fees.
$150 after spending $1,000 in the first 3 months
1.5% cash back on all purchases
$0
Earn a $150 statement credit after you spend $1,000 or more in purchases with your new card within the first 3 months of card membership. Rates & fees
60,000 points after spending $5,000 in your first 3 months
5x points on directly-booked flights or on flights and hotels on Amex Travel. 1x points on all other purchases
$550
Get 5x Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5x points on eligible hotels booked on amextravel.com. Rates & fees

Compare up to 4 providers

Bottom line

If you’re affiliated with the military and you want a credit card with accelerated points on everyday purchases, the Navy Federal More Rewards American Express® Card is definitely worth considering.

However, if this card doesn’t seem right for you, compare other credit card options to find the right card for your wallet.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site