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Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card review

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Earn 2x points on purchases and accelerated points when you spend on travel.

  • Get this card if you are affiliated with the military and want a rewards credit card.
  • Pick something else if you want an intro APR period on balance transfers and purchases.
  • Apply with a good to an excellent credit score of 670 or higher.

50,000

Points as welcome offer

Up to 3x

Points

$0

Annual fee

for the first year ($49 thereafter)

11.99% to 18%

Purchase APR (variable)

Details

Product NameNavy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card
Card typeVisa
Annual fee$0 intro annual fee for the first year ($49 thereafter)
Purchase APR11.99% to 18% variable
Balance transfer APR11.99% to 18% variable
Balance transfer feeNone
Cash advance rate14.24% to 20% variable
Cash advance feeNone
Cash advance fee descriptionNone at a Navy Federal branch or ATM. Otherwise, $.50 per domestic
transaction or $1 per foreign transaction
Penalty APR18% fixed
Foreign transaction feeNone
Interest free periodUp to 25 days
Late payment feeUp to $20
Returned payment feeUp to $20

The basics

Anyone affiliated with the military looking for a strong rewards credit card might want to consider the Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card. It is one of the rare rewards cards that let you earn 2x points on all purchases. In addition, you can earn more points on travel purchases, get a generous signup bonus and you won’t pay any foreign transaction fees if you travel abroad. However, you must have a military affiliation to apply.

Another travel rewards card

Luxury Card Mastercard® Black Card™

  • Stainless steel—Outweighs the competition with 22 grams
  • 2% point value when you redeem for airfare
  • 1.5% point value when you redeem for cash back
  • Enjoy 24/7 access to Luxury Card Concierge
  • $100 annual airline credit toward qualifying airline purchases
  • $100 Global Entry application fee credit
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Card benefits

  • Signup bonus.
    Earn 50,000 bonus points when you spend $4,000 in your first 90 days of account opening. This is worth $500 in redemption value.
  • Reward points.
    Earn 3x points on travel purchases and 2x points on everything else you buy. This is an excellent rate considering most cards offer up to 1.5x points on all purchases.
  • Global Entry or TSA PreCheck fee credit.
    Receive up to $100 in statement credit to cover the application fee of Global Entry or TSA PreCheck. You get this perk once every four years.
  • No fees.
    You won’t pay foreign transaction fees, no cash advance fees and no balance transfer fees.

What to watch out for

  • Annual fee.
    You get a $0 intro annual fee for the first year only. After that, you’ll pay $49 annually. Considering the value you can get from the rewards program, you can easily offset the annual fee.

How to apply for the Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card

  1. First, you must be a Navy Federal Credit Union member.
  2. Once you’re a member, visit the Navy Federal Credit Union website and sign in to your account.
  3. Locate the Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card.
  4. Click Apply now and fill out the application form.
  5. Review the form and submit.

Are you eligible for Navy Federal Credit Union membership?

You are eligible to join the credit union if you are:

  • Active duty, retired or a veteran.
    This includes the 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 Defence civilians.
    DoD civilian employees, US Government employees assigned to DoD installations, DoD contractors and DoD civilian retirees and annuitants.

What credit score do I need?

To increase your chances of approval, apply with a good to excellent credit score of 670 or higher.

Compare military credit cards

Name Product Welcome offer Rewards Annual fee Filter values
N/A
1.5% cash back on all purchases
$39
Get unlimited 1.5% cash back on every purchase with no limit on how much you can earn, and no changing categories.
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
50,000 points after spending $4,000 in the first 3 months
3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
$450
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months
$100 after spending $1,500 in the first 90 days
2% cash back for all PenFed Honors Advantage members and 1.5% cash back on all purchases
$0
2% cash back for all PenFed Honors Advantage members and 1.5% cash back on all purchases made with your card.
$100 after spending $1,500 in the first 90 days
5x points on gas at the pump, 3x points on groceries and 1x points on all other purchases
$0
Earn 5x points on gas at the pump and 3x points on groceries. Earn 1x points on all other purchases.

Compare up to 4 providers

Bottom line

If you have a military affiliation and want a solid rewards credit card, the Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card could be worth considering. It offers a relatively high rewards rate on all purchases and accelerated points on travel purchases.

If this card doesn’t fit your needs, compare other credit cards to find something that better suits you.

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