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Earn Rewards While Building or Rebuilding Credit

Make a deposit as low as $200, and you could be eligible for a credit limit increase in as little as 3 months. See details below.

Apply Now for the nRewards credit card and start earning rewards

Not a member? Join today.

Features & Benefits

1X points per dollar spent1

At 3 months, you could be eligible for an automatic line increase that provides you with additional credit. See detailson how an upgrade works.

Helpful tool for credit building

At 6 months, we’ll review monthly to see if you’re eligible for an upgrade to our cashRewards credit card

Rates & Fees


Purchase & Balance Transfer Variable APR of


Terms & Conditions


  • No annual fee
  • No balance transfer fees
  • No foreign transaction fees
  • No cash advance fees

Program Description

nRewards Secured Program Description

How It Works

  1. Deposit at least $200 (up to $5,000) into your membership savings account.
  2. Submit your application. If approved, we’ll hold the deposit in your account as security. The amount you deposit will be your card’s spending limit.
  3. After just 3 months, you could be eligible for a credit limit increase. You don’t have to add to your deposit in order to be eligible. Whether your credit limit is increased will depend on your current credit limit and other factors.
  4. 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. Making on-time payments and keeping your balance under the credit limit can help you with approval for an upgrade to an unsecured card.

Apply Now and see how it works

More About nRewards

A secured credit card is just like a regular credit card, except that it requires a security deposit. Your deposit is returned to you when you close your credit card account or switch to an unsecured card. If you have no credit or low credit, a secured card can provide you with a path to building or repairing your credit. As you use your card, you’ll earn rewards, while also earning dividends on your deposit that’s held in your savings account.

Earn when you spend. Continue to accrue rewards until you’re ready to redeem. Just keep in mind—rewards expire after 4 years after they are earned or on the day the account is closed, whichever is earlier.1

For terms and conditions, see the nRewards Card Program Description.


With your Navy Federal Visa® or Mastercard®, you automatically have Collision Damage Waiver (CDW) coverage when you rent a car for 15 days or less and pay for the rental with your covered rewards card. The CDW coverage is secondary to any other applicable insurance or coverage available to you.

Coverage includes physical damage and theft of the rental vehicle, reasonable towing charges, valid loss-of-use charges imposed by the auto rental company, as well as your deductible and any other eligible amounts not covered by other insurance. Only you, as the primary renter of the vehicle, and any additional drivers permitted by the auto rental agreement are covered.

Certain terms, restrictions and exclusions apply. For more information, please refer to your Auto Rental Insurance Guide. If you need a copy of the guide, please call 1-888-842-6328 or one of our international phone numbers.

Mastercard Standard MasterRental® Insurance Coverage

Visa Auto Rental Collision Damage Waiver Program

Learn More about features and benefits of nRewards

Awards & Reviews

Our cards are designed with the military in mind.

nRewards was recognized by WalletHub as “Best Military Credit Card for Building Credit.”

This card is amazing! You can gain reward points as well as build a strong relationship with Navy Federal. I highly recommend this card.

— T. Moore

Love this credit card; thank you for giving me a chance to build credit. No one else gave me a chance but Navy Federal—thank you. 

— Alan

Included With All Navy Federal Credit Cards

  • Use your credit card before it arrives in the mail if you qualify for digital issuance
  • 24/7 access to our stateside member service reps
  • No balance transfer or foreign transaction fees3
  • Ability to freeze and unfreeze your cards
  • Zero Liability policy for unauthorized transactions
  • Fraud notifications*
  • Access to your credit score

Learn More about the benefits included with all Navy Federal credit cards

Cardholder Resources

How Does a Secured Credit Card Work?

If you have credit problems or no credit, a secured credit card from Navy Federal Credit Union can help.

Learn How a secured credit card works

Choosing the Best First Credit Card

Here’s what you need to know to choose a card that could help you build good credit.

Learn How to choose the best first credit card for you



nRewards credit cards earn 1 point for every $1 of net purchases. Rewards are only earned on eligible net purchases. "Net purchases" means the sum of your eligible purchase transactions minus returns and refunds. Eligible purchase transactions do not include, and rewards are not earned for, the following transactions: cash advances, convenience checks, balance transfers, gambling, or fees of any kind, including finance charges, late fees, returned check fees, and ATM cash advance fees. Cash-equivalent transactions, such as the purchase, loading, or reloading of gift and prepaid cards (e.g., money orders, GO Prepaid Cards, and other cash-equivalent gift cards), may not be eligible purchase transactions and may not earn rewards. For more information, view the nRewards Program Description Guide at


As of 05/28/2024, nRewards Secured card rate is 18.00% APR and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None, if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction.


As of 05/28/2024, nRewards® Secured card rate is 18.00% APR and will vary with the market based on the U.S. Prime Rate. All other Navy Federal Credit Card rates range from 11.24% APR to 18.00% APR, are based on product type and creditworthiness, and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. $49 annual fee for Visa Signature® Flagship Rewards.

The views expressed in the reviews are solely those of the individuals posting them. The testimonials are substantively the words of the individual reviewer, but may have undergone minor clerical revisions to ensure readability, add context, or protect private information. Any imagery displayed is for decorative purposes only and is not necessarily associated with the reviewer.