The Offer
- Receive a $200 sign up bonus when you apply, are approved and spend $2,000 or more on a Navy Federal cashRewards Credit Card
The Fine Print/Card Benefits
- Limit of one special cash back offer per account under this promotion
- Valid until May 31st, 2016
- Card earns 1.5% cash back on all purchases
- Eligibility to NFCU is for military members, associated persons and their family. See more here.
- Â No annual fee
Our Verdict
This is the best bonus I’ve seen on this card, they have offered $200 before but it required $3,000 in spending (and that was back in late 2014), last year the maximum bonus was only $150. This is a pretty good cash sign up bonus, but there are better out there including the $200 Bank of America is currently offering on their cash rewards card. Navy Federal are also offering some other deals for military appreciation month.
It looks like the offer is up again, seeing the T&C says Offer expires 10/3/2016.
https://www.navyfederal.org/products-services/cards/creditcards/cashrewards.php?intcmp=hp|cont|1|crd|cash||09/01/2016|||
Not bad sign-up bonus. Any reason to keep it though? Especially if one has Fidelity Amex (soon to be Visa) or Citi Double Cash?
Not really.