Best Navy Federal Credit Cards Of May 2024 (2024)

FAQs

What are the easiest Navy Federal credit cards to get? ›

The easiest Navy Federal credit card to get is the Navy Federal Credit Union nRewards® Secured Credit Card because you can get approved with Bad credit. The Navy Federal nRewards Secured Card requires a refundable deposit (minimum of $200), and the deposit becomes your credit limit.

The Navy Federal Platinum Credit Card credit limit is between $500 and $50,000.

If you have average credit — generally defined as FICO scores between 630 and 689 — and are eligible to apply for it, the Navy Federal Credit Union® cashRewards Credit Card is a great deal: It offers a solid rewards rate of up to 1.75% cash back on all purchases, if you qualify, for an annual fee of $0.

We like to see at least three months of on-time payments on an existing Navy Federal Credit Card account before approving an increase to its credit limit. We generally grant credit limit increases on an existing credit card account no more than once every six months.

You can have up to three Navy Federal credit cards. To get approved for multiple Navy Federal credit cards, your income and debt must demonstrate your ability to pay for purchases on each.

We'll send your card in the mail within 7 to 10 days of your approval, along with information about terms of use, like your interest rate and credit limit. You can activate your card by phone or online!

You'll need a good credit score or better to qualify for the Navy Federal Flagship Card. This means you should aim for a FICO score of 690 or higher.

The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850. The higher your score, the better.

Navy Federal Credit Union may verify income by requesting financial information like pay stubs, bank statements, or W-2 forms. In other cases, they'll just use credit report information. Either way, you will also have to meet other Navy Federal Credit Union requirements to be considered for loan approval.

Account Will Be Reviewed for Potential Upgrade

After 3 months of having your card and using it responsibly, you could be eligible for an upgrade.

How to build your Navy Federal credit score? ›

You can apply for a secured credit card, become an authorized user, and make sure you pay your bills on time. With those simple steps you could be on your way to building up your credit so you no longer feel like a ghost.

Apply for a secured card.

If you're a first-time borrower or have poor credit, a secured credit card from a financial institution like Navy Federal Credit Union may be the answer. Secured credit cards require a security deposit equal to the amount of your available credit.

You need a credit score of 700+ to get the Old Navy Credit Card. This means at least good credit is required for approval. On the other hand, you'll need a score of 640+ (fair credit) to have a decent chance of being approved for the Old Navy Store Card.

After 6 months, we'll review your credit card account monthly to see if you're eligible for an upgrade to our cashRewards unsecured card. Once you upgrade, you'll get your security deposit back.

All USAA credit cards require good credit for approval, which means a credit score of at least 700. There are, however, credit cards for bad credit available from other issuers that are quite easy to get. Using one of those cards responsibly may eventually help you qualify for a USAA credit card.