The Navy Federal Credit Union More Rewards American Express® Card stands out as a versatile and rewarding financial tool, particularly for individuals affiliated with the military or Department of Defense. As a product of Navy Federal Credit Union, the largest credit union in the United States, this credit card offers a unique blend of features, combining the benefits of American Express with the customer-centric approach of a credit union.
In conclusion, the Navy Federal Credit Union More Rewards American Express® Card is a compelling choice for those seeking a credit card that seamlessly combines the advantages of a credit union with the perks of American Express. With a focus on rewards, travel benefits, and member exclusivity, it caters to a broad spectrum of financial needs, particularly for those affiliated with the military community.
Navy Federal More Rewards American Express® Card
Welcome Bonus
Earn 20K Bonus Points
+ a One-Time $98 Statement Credit for an Annual Walmart+ Membership
Annual Fee
$0
Annual Rewards
3X points at restaurants and on food delivery
N/A
Rewards on Approval
N/A
Interest rates
Purchase Rates
1.99%
Cash Advance Rates
20.00%
Balance Transfer Rates
14.90%
Table of Contents
Navy Federal More Rewards American Express® Card
The Navy Federal More Rewards American Express® Card is designed to cater to diverse financial needs, providing cardholders with an array of perks, from cash back on everyday purchases to travel benefits. With a focus on flexibility and rewards, this credit card is well-suited for those seeking a comprehensive and advantageous financial tool.
Pros
-
Generous Rewards Program: Earn points on every purchase, with bonus categories for groceries, gas, and dining, providing a wide range of opportunities to accumulate points.
-
Travel Benefits: Enjoy travel perks, including travel accident insurance, rental car insurance, and access to the American Express Global Lounge Collection.
-
No Foreign Transaction Fees: Ideal for frequent travelers, this card eliminates foreign transaction fees, ensuring that you can use it globally without incurring additional charges.
-
Introductory 0% APR: Benefit from a 0% introductory APR on balance transfers for a specified period, providing a window to manage existing debt more effectively.
-
Exclusive Member Access: As a Navy Federal Credit Union member, access to exclusive benefits and services is extended beyond the credit card, fostering a sense of community and support.
Cons
-
Membership Requirements: Being a credit union card, eligibility is restricted to members of the Navy Federal Credit Union, limiting access for those outside this specific demographic.
-
Potential Annual Fee: While there may be no annual fee, depending on creditworthiness, some users might be subject to an annual fee, impacting the overall cost of card ownership.
-
High APR After Intro Period: After the introductory 0% APR period on balance transfers, the regular APR can be relatively high, making it crucial for cardholders to manage balances carefully.
-
Limited Acceptance: While American Express is widely accepted, there are still instances where merchants may not support it, potentially requiring a secondary payment method.
Details & Eligibility
- N/A
- N/A
- N/A
- $0
- N/A
- Amex
- No
- 14.90%
- 20.00%
- 14.90%
- 1.99%
- N/A
- N/A
{{ reviewsTotal }}{{ options.labels.singularReviewCountLabel }}
{{ reviewsTotal }}{{ options.labels.pluralReviewCountLabel }}
Subscribe to Newsletter
I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur
“Explore financial solutions at RateStead.com. From mortgages to investments, find expert advice and tools for your financial journey today.”