Navy Federal Credit Union has introduced its new cashRewards Plus credit card, offering members a more rewarding way to earn cash back on everyday purchases.
The cashRewards Plus card provides unlimited 2% cash back on all purchases, making it a standout choice for cardholders seeking maximum value. This new offering highlights Navy Federal’s commitment to delivering exceptional financial benefits to military members and their families.
Eligible cashRewards Plus cardholders can enjoy a variety of benefits, including:
- No annual fee
- No balance transfer fees
- No foreign transaction fees
- No cash advance fees
- Free credit score access
- No rewards limit or expiration while the account is open
- Collision Damage Waiver
In celebration of the launch, new cardholders can earn a $200 cash back bonus by spending $2,000 within the first 90 days of account opening. Additionally, they will receive a one-time $98 statement credit for an annual Walmart+ membership. This limited-time offer is available until January 1, 2025.
“Our members value simplicity and rich rewards on their everyday spending. cashRewards Plus delivers on these values with unlimited 2% cash back on all spending categories and a $0 annual fee,” said Rick Conyers, assistant vice president of credit card products at Navy Federal. “The cashRewards Plus card reflects our ongoing commitment to providing members with the best financial tools.”
Eligible existing cashRewards cardholders will be automatically upgraded to the cashRewards Plus card and enjoy enhanced rewards. Members can apply through Navy Federal’s online platform, mobile app, contact center, or at a branch.
Founded in 1933, Navy Federal Credit Union serves over 14 million members worldwide and is the largest credit union globally. Membership is open to Department of Defense and Coast Guard personnel, veterans, and their families. For more information, visit navyfederal.org. Navy Federal is federally insured by NCUA.
