Posted by William Charles on October 16, 2019
Credit Card Offers

Published on October 16th, 2019 | by William Charles

34

Navy Federal Credit Union (NFCU) cashRewards Credit Card: $250 Bonus

Update 10/16/19: Deal is back. Hat tip to reader Alex

The Offer

Direct link to offer

  • Get a sign up bonus of $250 when you spend $2,500 or more within 90 days of opening a new cashRewards card from Navy Federal Credit Union

 

Card Details

  • Card earns 1.5% cash back on all purchases
  • No annual fee

Our Verdict

Highest bonus on this card was previously $200, so this is an extra $50. NFCU is also offering a bonus of 50,000 points on the Flagship rewards card as well.It’s not worth using this card after you get the sign up bonus as there are other credit cards that offer a higher rate on everyday purchases, but the sign up bonus might be attractive to some people.

Navy Federal is only available for military and veterans – full eligibility information can be found here (plus family members. Even if they are deceased). Keep in mind that joining NFCU is a hard pull, it’s possible you’ll land up with two hard pulls if you join and signup for the card, but hopefully those will be combined. Learn more about Navy Federal credit cards in the post Navy Federal Credit Union (NFCU) Credit Cards: List, Best Cards & Things You Must Know.



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Jeremy
Jeremy

Do they verify your deceased grandfather was in the military if you say that?

Jeffrey
Jeffrey

Jeremy
In another post someone mentioned they do random audits.
Regardless, don’t be jerk and drag your grandfather into this.

BW
BW

His grandfather is deceased, I doubt he’ll mind.

Chuckee
Chuckee

If he gets the $250, THAT should at least be buried in front of grandpa’s tombstone out of respect.

tuphat
tuphat

That’s not gonna work. –>

If one of your immediate family members serves or has served in the military but is not a Navy Federal member, you may still be eligible for membership.

Immediate family members include:

Parents and grandparents
Children and grandchildren
Siblings and spouses

Once your family member joins Navy Federal, you’ll be eligible as well. If they can’t or don’t want to become a member right now, you can still join. You may need one of the following documents from your family member:

Driver’s License with Veteran’s designation
State-issued Veteran ID Card
Military orders
Leave orders
Earning statement (LES)
Enlistment papers
Proof of direct deposit from DoD
Pension papers from DoD
DD 214
NGB 22

Give us a call at 1-888-842-6328 or visit a branch to finish signing up for membership.

Frito Pendejo
Frito Pendejo

My grandfather was in the Navy in WW2… but I don’t know how to prove it as we have none of his documents. Is there some way to dig these up from the government?

Mark
Mark

Your family member does NOT have to be a NFCU member.
https://membership.navyfederal.org/#/step/family-member-in-military
If one of your immediate family members serves or has served in the military but is not a Navy Federal member, you may still be eligible for membership.

Immediate family members include:

Parents and grandparents
Children and grandchildren
Siblings and spouses
Once your family member joins Navy Federal, you’ll be eligible as well. If they can’t or don’t want to become a member right now, you can still join. You may need one of the following documents from your family member:

Driver’s License with Veteran’s designation
State-issued Veteran ID Card
Military orders
Leave orders
Earning statement (LES)
Enlistment papers
Proof of direct deposit from DoD
Pension papers from DoD
DD 214
NGB 22
Give us a call at 1-888-842-6328 or visit a branch to finish signing up for membership.

Chris
Chris

I joined NFCU last week (opened checking and savings) and there was no HP.

-G-
-G-

Yeah, they actually stopped doing a HP for membership a while back AFAIK.

Mystral
Mystral

Worth noting there’s no foreign transaction fee on NFCU cards.

David
David

The Penfed credit union power cash Visa signature credit card gives you 2% cash back on everything no foreign transaction fees no annual fee

Traylor
Traylor

Is it worth jumping on this card if I was just approved for the 50,000 pt card a few days ago? Would that throw any flags up at NFCU?

TomT
TomT

They will not approve another card within 90 days of the prior approval.

Cliff
Cliff

I just signed up and opened a savings and checking account today and there was no hard pull. In fact, she told me it would be a soft pull and then she asked for my permission to do it.

sloebrake
sloebrake

12 month 0% APR on balance transfers in the first 30 days.
0% balance transfer fees.
NFCU gives ridiculous limits.

This sign up will end up being worth over 1k for me. Thanks

sloebrake
sloebrake

I was wrong. They have a general terms and conditions page that includes all credit cards and only the Platinum has 12 month 0% APR, NOT the cash rewards.

The CSR did confirm all their cards don’t have balance transfer fees though.

Duke I.
Duke I.

They just gave me a limit of $24,600. That’s on top of the $20,000 I already have with them on two other cards and a $15,000 checking line of credit.

Alex
Alex
Duke I.
Duke I.

Thanks for posting this offer, Alex!

Mike B
Mike B

The thumbnail on the main page cuts this off perfectly so it says “0 Bonus Cash”

I was quite confused there for a second!

Stan
Stan

any chance they would approve Flagship and this card on the same day?

Justin
Justin

They won’t. Only 1 every 90 days and after 3 statements too on the most recent card.

Gadget 🕵️
TomT
TomT

You need to update the “Navy Federal Credit Union (NFCU) Credit Cards: List, Best Cards & Things You Must Know” post to include their $0 AF Amex More Rewards with 30k points after $3k spend in 90 days and add it to the list of those worth getting from Navy FCU.

guybucktastik
guybucktastik

the list of cards worth getting from NFCU are:

1. Flagship Rewards Visa
2. Flagship Rewards Visa
3. Flagship Rewards Visa
4. They only let you have three cards at a time.

creditGuyInDixie
creditGuyInDixie

Aside from the general “three month” restriction mentioned a few times earlier in this thread, how long does a person have to wait after getting his first Flagship Rewards bonus, before opening a 2nd FR card and getting the bonus there too?

millionairenextdoor
millionairenextdoor

Speaking of the Flagship, it’s been a year since I opened my first one. Time to re-up and open another.

Joe buck
Joe buck

Anyone applied for both flagship and this one on same day? Do they combine HP’s

Toad
Toad

Won’t work. I’ve tried the 2x twice for NFCU and failed. First one gets approved and second gets denied. HPs combine, but you are wasting your time.

Jethro Tuller
Jethro Tuller

I joined in April 2019 and it was a soft pull. But I did not get a credit card.

tribesman55
tribesman55

Does this card use points as its rewards system like their other cards or actual cash back?

Sam
Sam

Actual cash back

Duke I.
Duke I.

Approved! I applied about an hour ago and got the 24 hours review message. I didn’t think I’d get approved since I have 2 cards with them totaling $20,000 that I haven’t used in more than a year. Plus I’m running a balance on another 0% interest card until June 2020.

L
L

I opened NFCU savings account early 2018. They sent me many offers via email and snail main to open this card. In November, I gave in when they offered $300 bonus cash back after spending $3,000 in the first 90 days of opening.

Also, like someone else said, there’s no foreign transaction fee on NFCU cards.

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