Navy Federal Changes Welcome Bonuses for Some New Cardholders

Melissa LambarenaSeptember 1, 2020
On a similar note...
On a similar note...
Navy Federal Changes Welcome Bonuses for Some New Cardholders

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Navy Federal is tweaking introductory offers on two of its credit cards.

Navy Federal Credit Union Cashrewards Credit Card
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The Navy Federal Credit Union® cashRewards Credit Card is getting a small boost in value, while the Navy Federal Credit Union® More Rewards American Express® Credit Card is trimming its offering slightly.

Through the end of October 2020, new cardholders are eligible to earn the following welcome offers:

  • Navy Federal Credit Union® cashRewards Credit Card: Earn $250 cash back when you spend $3,000 within 90 days of account opening. That's $100 richer than the previous offer.

Navy Federal Credit Union® More Rewards American Express® Credit Card
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  • Navy Federal Credit Union® More Rewards American Express® Credit Card: Earn 25,000 bonus points after spending $3,000 within 90 days of account opening through the end of October. Terms apply. That's a value of $250. Previously, this card offered 30,000 bonus points (a $300 value) for the same amount of spending in the same time frame.

The Navy Federal Credit Union® cashRewards Credit Card maintains a $0 annual fee and continues to earn 1.5% cash back on all purchases. The Navy Federal Credit Union® More Rewards American Express® Credit Card still earns 3 points per $1 spent on groceries, gas, dining and transit, and 1 point per $1 on everything else. Terms apply. It has a $0 annual fee.

You must join Navy Federal Credit Union to apply for these cards. Eligibility is generally limited to current or former members of the military, Department of Defense employees and contractors, or their qualifying family members.

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