Posted by William Charles on September 8, 2017
Deals

Published on September 8th, 2017 | by William Charles

21

[YMMV] Navy Federal Credit Union 30,000 Point Bonus & $100 Statement Credit On Flagship Rewards Card

Seems there is now a direct link to see if you’re pre-approved and it’s also valid until October 16th instead of September 30th. Hat tip to reader Custom Answers.

The Offer

Direct link

  • Get an extra 30,000 points after $3,000 in spend within the first 90 days of account opening on the Navy Federal Flagship Rewards card. Also comes with a $100 statement credit on travel related purchases in your first year.

 

Card Details

  • No annual fee first year, then $49 per year
  • No foreign transaction fee
  • Card earns 2x points per $1 spent
  • Double points at Wholesale Clubs (4x points)
  • Travel credit:  A Qualifying Purchase is a purchase made by a primary cardholder with a Navy Federal Visa Signature Flagship Rewards Card that has a merchant’s code that is categorized as a travel merchant code for airlines, hotels/motels, timeshares, campgrounds, car rentals, cruises, travel agencies, discount travel sites, buses, trains, taxi/limos, ferries, tolls, bridges, highways, parking lots or garages. Purchases using credit cards issued to authorized users or joint cardholders will not be eligible.

Eligibility

  • Eligibility to NFCU is for military members, associated persons and their family. See more here.

Our Verdict

Previous bonuses have been 40,000 points without the $100 travel statement credit. Basically the same offer as points are worth 1¢ when redeeming in increments of 10,000 or more towards travel. If you want to know more about NFCU credit cards I’d recommend reading this post.

Hat tip to reader tennis9z9



21 Responses to [YMMV] Navy Federal Credit Union 30,000 Point Bonus & $100 Statement Credit On Flagship Rewards Card

  1. jackgopack4 says:

    Didn’t get this offer but did have a 5-month $50 min 3.00% APY CD offer

    • Gadget says:

      There is a separate post about that offer. Pretty decent deal IMHO, but it’s a short term solution for semi-liquid savings. Others feel 3% is still not worth the time or effort and use their funds elsewhere.

  2. JT says:

    My comments work only about 25% of the time.

    • Elmer says:

      Are you advising us to only pay attention to your comments 25% of the time, because they are mostly pointless? Thanks for the warning. Sounds like we should just skip them altogether then, with those odds.

  3. Gadget says:

    So now they are forcing you to travel to get the full $400… I’m targeted.

    Details on travel credit: A Qualifying Purchase is a purchase made by a primary cardholder with a Navy Federal Visa Signature Flagship Rewards Card that has a merchant’s code that is categorized as a travel merchant code for airlines, hotels/motels, timeshares, campgrounds, car rentals, cruises, travel agencies, discount travel sites, buses, trains, taxi/limos, ferries, tolls, bridges, highways, parking lots or garages. Purchases using credit cards issued to authorized users or joint cardholders will not be eligible.

    • Thanks, did you have to travel previously to get the full $400 anyway?

    • GeorgyBoy says:

      Under footnote #2 it says: “Up to a $100 statement credit will be applied to your account when your card is used for a Qualifying Purchase at eligible travel merchants”. Then it lists what qualifies as you state. It then further states that: “Maximum statement credit accumulation for the Travel Credit is $100”.

      The way I read it it looks like you get the 30,000 bonus points after $3,000 in spend and then if you make a travel related purchase as part of the $3,000 spend, you get the additional $100.

      They could word it better but don’t think it means the whole $3,000 spend must be travel related.

  4. Jan B says:

    Wait, please verify.

    The $3K must be spent on travel related spend to qualify for the $400 value, is that right?

    Navy Fed is one of regular banking “friends”, as is Chase. Always looking for our “friends” to reward us with better offers than pushing open doors to new friends (US Bank, etc.). But, if I have $2600 in travel to keep on the books for a year before I actually use (example: WN), this is merely another NavFed disappointment.

    If I am missing something, please advise. TIA.

  5. Trant3 says:

    How do you know if you’re pre approved??

  6. vincent says:

    The information about a pre-approval link is not accurate.

  7. Guy Bucktastik says:

    Approved!!! for an additional 3x credit than I already had from my 2 nfcu cards. I chatted with the rep, and they said if you saw the offer code, 24567 (said that offer code was valid), and a link to apply right from the offer page, then you should be good to go. I saw the offer, saw the code, saw the link, applied, and was insta-proved. offer code was on confirmation page and all application pages.

    17/24 at time of approval, denied for citi premier 7/25/17 and denied for merrill+ a few days ago. 30+ year banking relationship with nfcu, 2 other cash rewards cards 8 and 5 years old.

    • Jay Bee says:

      Ugh, you can see the offer code and a link to apply while not logged in.

      In fact, when I login and try going to the “pre-approval” link, it still shows I’m not logged in. It’s not a pre-approval link.

      Nowm if people are seeing this under their “my offers” it may be a pre-approval but as I haven’t had anything there show for awhile now, I wouldn’t know.

      I have no doubt I would be approved for this but the link referenced in the original post is certainly NOT a pre-approval.

  8. jp says:

    My personal opinion is its credit card reward points are not as good as it seems. While 2x per $1 spent and/or 4x on Costco sound great, it is only worth 1/2 cent per point when redeem to store giftcards; when cash in to pay spending, it has to be up to 3 transactions and over $50, and each point is only worth 0.75 cent. Only redeem for travel is worth getting this card.

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