Navy Federal Business Rewards
Navy Federal Business Rewards
Navy Federal Business Rewards
Card details
Earn 1 point per $1 spent on purchases
Must redeem 10,000 points to achieve 1% reward rate
To join NavyFed, you must be DoD affiliated, a DoD civilian employee or contractor, or have a DoD family member
Rates, fees & offers
Annual fee
$0
Rewards rate
1.00%
Bonus offer
None
Intro APR
N/A
Ongoing APR
Min APR: 9.90%, Variable
Max APR: 12.90%, Variable
Foreign transaction fee
1%
Recommended credit score
Compare to other cards
 Navy Federal Business Rewards | ||
|---|---|---|
| Learn more | Learn more | |
Annual fee$0 | Annual fee$99 | Annual fee$199 |
Regular APR9.90% - 12.90% Variable | Regular APRSee Terms | |
Intro APRN/A | Intro APR0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR will apply, 21.24%-29.99%. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Tim Chen
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Rating details
2.5
Editor's overall rating
Pros and cons
Pros
No annual fee
Cons
Verdict - If possible, get the Navy Federal Business Card instead. It offers 2% rewards instead of 1%, and has a lower APR, but is more difficult to qualify for.
Let's take a look at the Navy Federal Business Rewards card. It offers 1% rewards assuming you redeem 10,000 points at a time, and a very low APR compared to other business credit cards. However, before you throw in the towel and go for a 1% rewards card, we highly recommend sorting our business credit card page by Rewards and trying to score a better deal.
Keep in mind, the Navy Federal Business card is the more attractive sibling of the Navy Federal Business Rewards card, offering 2% rewards after you spend $4,000 in a year (1% before then), and the lowest APR out of any business card.
To join Navy Federal Credit Union, you must be affiliated with the Department of Defense. More information is available on the NavyFed website.
