Northwest Federal Credit Union: 50,000 Points ($500) After $5k Spend

Not restricted to VA/MD, Anyone can join NWFCU via Florida Literacy Coalition for $10.

The Offer

Direct link to offer

  • Northwest Federal Credit Union is offering 50,000 bonus points when you spend $5,000 within first 120 days

Our Verdict

Points are worth 1¢ each (at least according to the terms: “Effective June 1, 2023, points will be accumulated at the rate of two points per every $1.00 charged to the Cardholder’s enrolled credit card. This equates to a 2% cashback reward on the net purchase amount.”)

Hat tip to reader Jimmy

View Comments (15)

  • Applied yesterday, existing NWFCU member for six years. Pulled Equifax in MN. Approved today for $25,000. Have not had a bank inquiry on Equifax in over six months. I'm about 15/24 since I exited 5/24 in December 2024.

  • Approved at (exactly) 5/24. Not in their geographic footprint and no history with them. Good credit, decent income

  • Can you redeem for cash (to your checking acct) or statement credit? If so, if you get the SUB and have 60,000 points, is that worth $600 cash or statement credit?

  • Applied 8/6, Approved 8/7. I am a customer (checking, savings from a previous bonus offer) who is located out of network.

  • Is the card geo restricted? The CU itself seems to be eligible through several organizations.

    • It's not geo restricted. They targeted me by email and I'm way OOS. I'm a NWFCU member so possibly you'll have to join first. It's worth doing if you've got a spare 5/24 slot.

      12% ROS on $5k MS if you're not velocity-limited. ~10% extra on organic spend.

    • I am in TX and have a checking/savings with them. I just checked my account and the CC offer page popped up with this exact offer on there, so seems I am eligible as a member in TX.

      • I logged into my account, but did not see the offer. Additionally, did not receive the email offer. No targeted language in the terms, so I assume anyone who is a member can apply for this card and the $500 bonus offer will be attached, correct?

      • I’ve received the offer, and I’m neither in VA nor in MD.
        Anyone can join NWFCU via Florida Literacy Coalition. They even advertise it on their website. The introductory membership is $10.