[Update 7/7/20: More people targeted for the 40,000 point offer via email, this one with $3,000 in spend.]
[Update: There’s also a targeted offer for 40,000 points after $4,000 spend which can be found somewhere in your login. (ht Scott)]
As expected, Navy Federal has relaunched their American Express card with new bonus categories, and added a signup bonus as well.
The Offer
- Signup for the Navy Federal American Express card and get 30,000 bonus points ($300 value) after spending $3,000 within 3 months.
Offer expires October 31, 2019.
Card Details
- Card earns at the following rates:
- 3x points per $1 spent at supermarkets, gas stations, restaurants, and transit
- 1x point per $1 spent on all other purchases
- No annual fees
- No foreign transaction fees
- No balance transfer fees
- No cash advance fees
- 0% APR for 12 months
- Points are same as those on other NFCU cards (e.g GO REWARDS & Flagship)
- Points are worth 1¢ towards travel and there is a minimum redemption of 5,000 points (1,000 for digital downloads and 3,000 for gift cards)
Our Verdict
Looks pretty good rewards rates for a no-fee card, plus no foreign transaction fees. Also a nice signup bonus. You need to be a member a current or previous member of the armed forces (and related), or be a family member of a member. Hats off to all our service members and veterans.
Hat tip to reader Sam
applied for a member savings acct & got the msg:
‘We’re reviewing your membership application
Please allow 3 to 5 business days for processing. We’ll let you know via mail or email once we’re done.’
is it normal / typical or smthg amiss on my end?
It is. They’ll follow up if you’re eligible or they need more proof that you’re eligible to open an account. The actual processing time might be a little longer, if it is call their customer service.
Where on the login page is the targeted offer?
I already have this card. Any chance of getting a second?
I have a question about the points.
I have Flagship. If I get this card, can I “transfer” the points over to my Flagship, so they are all in one place?
Or must the points stay (remain) with this card?
Sorry, I meant “Harcourt”
Unfortunately you cannot. Per a Navy Federal customer service rep each card has it’s own points system and they can’t be merged. I wish you could though!
is there an option to join with 1-time fee?
Does this card have a spending cap on supermarkets? If not, this card is a better choice compared to Blue Cash Preferred if annual spending on groceries is at least $11K. Here is my math:
NFCU AmEx: $11K * 3% = $330
BCP: ($6K * 6%) + ($5 * 1%) = 360 + 50 = 410 – 90 (AF) = $320
Is it the standard Amex MR points or just some navy credit union card points to itself?
They are not AMEX MR points. The points are from NFCU and worth 1 cent each
Does the American Express four card limit apply to this card?
no
1st attempt: they tried to pull TU. my app went pending. overnight, i got a text and email saying i was approved via EQ which was at 8/24. both TU and EX were frozen. in HI.
I loaded a Serve with this CC and it posted as a retail purchase, and earned rewards points.
the green Serve card? i wonder if this will also work with the wf propel amex card and the penfed pathfinder amex card…
also, did you set your cash advance limit to zero?
I did not set my cash advance to zero. Yes, green…apparently this is something the seasoned veterans already know, that non AmEx issued AmEx’s will often (or always?) code as purchase with Serve loads – is this perhaps an American Express network requirement??? Only one card can be set up to load each Serve card, you can’t set up multiple CCs on your Serve. Perhaps removing and adding a new one can work I read somewhere that the limit is $200/day & 1k/month with AmEx credit card loads but haven’t tested myself.