Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

What Trump’s ‘one big beautiful bill’ means for your money

July 4, 2025

DailyPay sells bonds tied to fees on wages that workers tap instantly

July 4, 2025

Robinhood Partners with Sage Home Loans to Offer Mortgage Rate Discounts to Gold Members

July 4, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Personal Finance»Navy Federal Launches new cashRewards Secured card
Personal Finance

Navy Federal Launches new cashRewards Secured card

April 2, 2025No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Navy Federal Launches new cashRewards Secured card
Share
Facebook Twitter LinkedIn Pinterest Email

Navy Federal is making changes to its credit card portfolio. Starting April 2, 2025, members of the credit union who qualify can apply for the new cashRewards Secured credit card.

Here’s more about the card, including its main features and benefits:

  • Security deposit: Minimum $200.

  • Rewards: Unlimited 1% cash back on every purchase. 

  • Foreign transaction fee: None.

  • Balance transfer fee: None.

  • Ability to upgrade: After six months, cardholders are eligible to receive an account review to determine eligibility for an unsecured cashRewards Credit Card.

  • Issuer: When you apply for the card, you can choose to have Mastercard or Visa as your card’s payment network. The perks and benefits differ depending on which you choose.

The new secured card is replacing the previously offered Navy Federal Credit Union® nRewards® Secured Credit Card — which stopped accepting new applications on April 2, 2025. Existing nRewards cardholders will automatically be moved to the new cashRewards Secured card and will receive a new card in the coming months, according to Navy Federal. Plus, existing nRewards points will convert to cash back. Navy Federal points are worth about a cent each and can be redeemed for cash back, merchandise or gift cards.

Note that you have to be a member of the Navy Federal Credit Union to apply for any Navy Federal credit card. To become a member, you must meet certain eligibility requirements, and that typically means you must be a current or former member of the military or have a family member that is.

To join the credit union, you’re required to open a membership savings account and have a minimum $5 balance.

Source link

See also  Beneficial Ownership Information (BOI) Reporting Requirements for Small Businesses
Card cashRewards Federal Launches Navy Secured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleHow to choose the best credit union: 6 things to consider
Next Article Easter Egg Hunt 2025 – MoneyMagpie

Related Posts

What the ‘Big, Beautiful Bill’ Means for Your Finances

July 3, 2025

How to Track Your FICO Score and Monitor Your Credit Over Time

July 3, 2025

Citi Custom Cash Card vs. Citi Double Cash Card

July 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

What is a stock exchange?

March 10, 2025

How to Fund a Roth IRA When Your Adjusted Gross Income Is Too High

May 20, 2025

How to Shop for Car Insurance in 5 Steps & Get the Best Price

December 22, 2024
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

What Trump’s ‘one big beautiful bill’ means for your money

July 4, 2025

DailyPay sells bonds tied to fees on wages that workers tap instantly

July 4, 2025

Robinhood Partners with Sage Home Loans to Offer Mortgage Rate Discounts to Gold Members

July 4, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.