Learn how to apply for the Navy Federal Nrewards Secured

You should already be aware of how to apply if you are eligible, it has no annual fee, rewards you with points, and helps establish credit.

What do I need to know about the Navy Federal Nrewards Secured?

A secured card should essentially have every feature that the Navy Federal Credit Union® nRewards® Secured Credit Card does.

A security deposit is required, but there are no annual fees, pointless application costs, or “account management” expenses.

Card application

Navy Federal Nrewards Secured

No annual fee! Rebuild credit

Tap on the green button and apply for your Navy Federal Nrewards Secured

Apply now!

* You will be directed to an external website

Your account will be taken into consideration for conversion to unsecured status beginning at six months if you have good payment habits.

The Navy Federal Credit Union® nRewards® Secured Credit Card offers additional features, such as incentives, that are uncommon for secured cards.

This card can be a great starting point for establishing a solid credit profile for those who are just starting to establish their financial stability or for those who are rebuilding their credit after credit harm.

There is only one catch: To apply for the card, you must already be a member of the Navy Federal Credit Union. And you must fulfill specific requirements in order to join that credit union (More on that later)

How do the rewards work and how can I redeem them?

On eligible net purchases made with the Navy FCU nRewards® Secured Credit Card, 1 point is earned for every $1 spent. The number of awards that can be accumulated on the card is unrestricted.

If the account becomes inactive, points are not gained. Points are forfeited when an account is closed. Additionally, reward points lose their validity four years after the month they were acquired.

You can exchange points for goods, gift cards, or cash back. The effective cash-back value of each point is one cent.

Multiples of 5,000 must be used to redeem points (for example, 5,000 for $50, 10,000 for $100, 15,000 for $150, etc.).

One can redeem points for cash back (or to offset earlier purchases), bill credits, or deposits into Navy Federal Credit Union accounts.

Who can apply for the Navy Federal Nrewards Secured?

This card is exclusively available to Navy Federal Credit Union members.

Additionally, you or a family member must work for the Department of Defense or be a member of the armed forces, either currently or in the past.

You must still submit an application for membership and create a savings account with a minimum $5 deposit if you are qualified and not currently a member of the credit union.

However, if you are already enrolled on all these requirements, you’re almost set to go, since this card is more of a credit rebuilder.

How to apply for the Navy Federal Nrewards Secured?

Since you already need to be a member of the Navy Federal Credit Union, most of your work will be almost done.

When you get to the website, click on “Apply now”, you will need to enter your NFCU account and then just review/add some information in order to be able to apply for the card.

The approval is almost immediate, and after that, further instructions will be passed to you.

Is it worth it to have the Navy Federal Nrewards Secured?

For people looking for credit cards who want to strengthen a weak or damaged credit profile, the Navy Federal nRewards Secured card is a reliable solution.

The benefits like cell phone protection and auto rental insurance aren’t frequently seen in the secured card market and make the card an excellent choice even though its cash-back returns may not be the highest among secured cards.

As long as you meet the requirements to join Navy Federal Credit Union, the nRewards card further distinguishes itself by charging neither foreign transaction fees nor cash advance fees.

Navy Federal Nrewards Secured vs Barclaycard AAdvantage Mastercard

As said before, the Navy Federal cards are made mainly for people who want to build or rebuild credit and at the same time, have some benefits. In this regard, the card is almost unbeatable

However, the AAdvantage card is tailor-made for those who flyes with American Airlines and wants to have some amazing benefits and rewards.

If you have good to excellent scores and want to have some pluses, it is a very good option.