
Navy Federal Credit Union GO REWARDS®
Rewards rate
N/AAnnual fee
NoneIntro offer
N/ARegular APR
8.99% - 18.00% variableRecommended Credit Score
Good to Excellent (670 - 850)At Bankrate, we have a mission to demystify the credit cards industry — regardless or where you are in your journey — and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to:
At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next.
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate.com. HomeInsurance.com LLC services are only available in states were it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
4.5
Rewards rate
N/AAnnual fee
NoneIntro offer
N/ARegular APR
8.99% - 18.00% variableRecommended Credit Score
Good to Excellent (670 - 850)For a no annual fee credit card, the Navy Federal Credit Union GO REWARDS card offers a pretty decent rewards rate on dining out and gas. Where this card really shines is with its low APR on purchases and balance transfers for those who qualify.
The Navy Federal Credit Union, with more than 9 million members, is the nation’s largest credit union. It offers financial products, including credit cards, that charge lower rates and fees than many banks typically offer — capped at 18 percent. The Navy Federal Credit Union GO REWARDS card is no exception, offering a variable annual percentage rate as low as 8.99% on purchases and balance transfers for those who qualify.
You can earn 3 points per dollar at restaurants, 2 points per dollar on gas and 1 point per dollar on all other spending. If you dine out frequently or put a lot of miles on your car, this is a card to consider.
The rewards program here is fine, but few cards offer such an appealing combination of rewards, low fees and low interest. For example, you won’t pay a balance transfer fee and there no foreign transaction fees on purchases made outside the U.S. To make it even easier to switch cards if you have a big purchase coming up, new cardmembers that apply between May 4 and June 30, 2021, can enjoy a six-month 0 percent intro purchase APR (8.99 percent to 18 percent variable APR ongoing).
Keep in mind that to apply for a Navy Federal Credit Union-branded credit card, you have to be a member of the credit union. Eligibility is restricted to those who serve or have served in the military, are civilian personnel with the Department of Defense or are an immediate family member of either.
GO REWARDS points don’t expire and there is no limit to the amount of rewards you can earn. There are also no minimum redemption requirements for most travel, cash and merchandise rewards, but you can’t make partial redemptions (meaning you can’t pay with points and cash if your points don’t cover the whole purchase).
Each point is worth 1 cent and can be redeemed through the Navy Federal Credit Union portal by logging into your account and selecting “Redeem Rewards.” Points can be used for travel purchases, gift cards, or cash back deposited to your Navy Federal savings account.
Depending on your credit card network and credit limit, you can also enjoy a portfolio of valuable benefits. If you qualify for Visa Signature or World Mastercard perks, you may receive travel and purchase protections and discounts, including rental car collision damage waiver coverage (for 15 days or less). Plus, you could have access to other nice extras like cellphone protection, concierge services and hotel savings and upgrades with select brands.
If your credit is just good and not excellent, you could benefit from the low APR and satisfactory rewards structure of this card.
The information about the Navy Federal® Credit Union GO REWARDS® has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.
* See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer.
Editorial Disclosure: Opinions expressed here are the author's alone, and have not been reviewed or approved by any advertiser. The information, including card rates and fees, is accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information.