Update 5/23/23: Bonus back up to $250 now with $3,000 spend requirement through August 31, 2023
Update 5/27/22: Bonus is back at $200 now (down from $250); Update 11/16/21: Deal is back and valid until Jan. 03, 2022. Hat tip to Jason J
The 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.