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Navy Federal Upgrades Its Flagship Rewards Credit Card

Sept. 5, 2018
Credit Cards, Promos, Travel Credit Cards
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The Visa Signature® Flagship Rewards Credit Card, issued by Navy Federal Credit Union, has shipped some travel-focused upgrades to the market.

The card previously offered ways to earn rewards on travel spending, but it now offers a travel-specific rewards category, along with a new travel benefit and a beefed-up sign-up bonus. Through Dec. 31, 2018, the intro annual fee is $0 the first year, then $49.

Here’s a closer look at what changed:

  • A larger sign-up bonus for new cardholders: For a limited time, get 50,000 points after spending $4,000 in the first 90 days of opening your account. That's enough for a $500 flight, hotel stay, car rental, cash back or gift cards! That’s an increase of 20,000 points from the previous offer, but note that you also have to spend an extra $1,000 to earn it.
  • A new rewards category: The new travel category makes it possible to earn 3 points per $1 spent on travel purchases. You’ll earn 2 points per $1 spent on everything else. The card previously offered 2 points per $1 spent on all purchases. Rewards redeem for cash, travel, gift cards or merchandise.
  • A new travel perk: Cardholders now get a credit of up to $100 for the application fee for Global Entry or TSA Precheck.

Current cardholders will be upgraded to the new card — and card numbers won’t change.

The new rewards category has a broad definition of “travel” that includes things like hotel stays, airfare, train tickets, rideshare services, parking expenses, commuter transportation, amusement parks and golf courses. The enhanced features complement the card’s lengthy list of existing travel benefits: no foreign transaction fees, broad international merchant acceptance, travel insurance and car rental coverage, to name a few.

With the makeover, the Visa Signature® Flagship Rewards Credit Card also joins a string of issuers offering a credit for a Global Entry or TSA Precheck application, which can help you move faster through the airport security screening process.

“Given that our membership is the military, we have a very active traveler base who goes around the world,” said Annie Sebastian, senior vice president of credit card products and business optimization for Navy Federal Credit Union. “Our members travel for both work and personal reasons, so giving them that Global Entry or TSA Precheck benefit we thought aligned well with who they are.”

You’ll need a qualifying credit score and a membership at Navy Federal Credit Union to be eligible for the Visa Signature® Flagship Rewards Credit Card. Among those eligible to join are current or former military service members, civilians currently or formerly employed by the military, or qualifying family members of someone with a Navy Federal membership.

If you don’t meet the membership requirements, other travel credit cards can offer similar benefits.

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