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Get a Low Intro APR for 12 Months on a Balance Transfer + Earn $200 Cash Back

cashRewards

Annual Fee: $

0

Rate: Variable APR

14.90% - 18.00%1

A transfer could be your answer to controlling credit card debt.

Transfer your non-Navy Federal balance to a cashRewards card within 60 days of opening an account, and you could save with a 1.99% intro APR on that transferred balance for 12 months from account opening. After that, a variable APR between 14.90% and 18% applies.2

Plus, you can earn $200 bonus cash back when you spend $1,500 within 90 days of account opening.3

Expires on Feb. 29, 2024

Rewards

Program Description

For a limited time, get a one-time $98 statement credit when you pay $49 or more for an annual Walmart+ membership using your cashRewards credit card. (Normally, annual Walmart+ memberships are $98.)5

With a Walmart+ membership, you can enjoy:6

Free delivery from your store

Discounts on gas at over 14,000 participating locations nationwide

Early access to promotions and events

Transfer Your Balances and Save

See how much you could save with the Navy Federal cashRewards Card.

Issuer & Product Lowest Variable APR Highest Variable APR Standard Balance Transfer Fee Foreign Transaction Fee
Navy Federal  cashRewards
14.90%2 18.00%2 0%2 0%2
Capital One Quicksilver 19.99%†† 29.99%†† 3%†† 0%††
PenFed Power cashRewards     17.99%†† 17.99%†† 3%†† 0%††
Citi Double Cash 19.24%†† 29.24%†† 5%†† 3%††

Excludes card issuers’ special promotions, rates, and fees.

††Information accurate as of 11/06/2023. Refer to card issuers for current rates and fees.

Disclosures

1

As of 02/22/2024, rates range from 14.90% APR to 18.00% APR, are based on 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.

2

As of 02/22/2024, rates range from 14.90% APR to 18.00% APR, are based on 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. Balance transfer offer: Application must be submitted by 02/29/2024. Offer valid for balances transferred from non-Navy Federal credit cards within 60 days of account opening. Maximum total transfer amount is limited to your available credit line. Balance transfers using convenience checks are excluded from this offer. If you transfer a balance with this offer, interest will be charged on purchases made with your credit card, unless your purchases have a 0% APR or you pay the entire balance, including any transferred balances made under this offer, in full each month by the payment due date. Offer excludes Navy Federal nRewards® Secured, Business, and Home Equity Line Platinum credit cards. Limit of one promotional offer at account opening. Navy Federal reserves the right to change or end this offer at any time.

3

Offer valid for cardholders issued new cashRewards credit card accounts. To be eligible for the $200 cash back, you must make $1,500 or more in net purchases within 90 days of account opening. Rewards are 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, ATM cash advance fees, and annual fees, if any. 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. Please allow up to 8 weeks after the 90-day period for the $200 to post to your rewards balance. Account must be open and not in default at the time the $200 is scheduled to post to your rewards balance. Limit of one promotional offer at account opening. Offer valid for accounts applied for between 01/02/2024 and 02/29/2024. Navy Federal reserves the right to change or end this offer at any time without notice.

4

cashRewards credit cards earn 1.75% cash back on net purchases for cardholders with direct deposit at Navy Federal, or 1.5% cash back for cardholders without direct deposit. Rewards are 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. To be eligible to receive 1.75% cash back on net purchases with your cashRewards card, you must either currently have direct deposit at Navy Federal or must set up and maintain direct deposit at Navy Federal. Direct deposit is defined as a recurring ACH from your employer, military pay, or certain government agency pay or benefits deposited into your Navy Federal deposit account. You will start earning 1.75% cash back once we confirm you have direct deposit at Navy Federal.

5

One-time statement credit of $98 when you pay $49 or more for an annual Walmart+ membership. Excludes monthly Walmart+ membership. Annual Walmart+ membership must be purchased within one year from Navy Federal cashRewards Credit Card account opening date to receive the one-time statement credit. Please allow up to 30 days after the annual Walmart+ membership fee posts to your account for the $98 credit to post. Your annual Walmart+ membership will auto-renew annually following enrollment, and your credit or debit card on file will be charged for an additional term at the fee(s) in effect at the time. You may cancel your annual Walmart+ membership by calling Walmart Customer Care at 800-924-9206 or through your Walmart account. Walmart is a registered trademark of Walmart Apollo, LLC.

6

Restrictions apply. For more information, please visit Walmart+ Membership Terms of Use.