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Valued Contributor
Posts: 2,410
Registered: ‎11-29-2012
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

Don't app for anything six months prior to a mortgage is the general rule.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 Goal Score:
 625 for now– New goal 675
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Established Contributor
Posts: 665
Registered: ‎08-02-2011
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

Yes!
TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCE $13K | Amex Costco TE $10.4K | Amex SPG $5K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Citi Diamond Pref $7.6K | Discover IT $9.9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU CashRew Visa Sig $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $11.3K | USAA World MC $11.5K
Contributor
Posts: 175
Registered: ‎06-28-2013
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

Got it, well I will be applying for this after I close on my house then. Good to know for the future, I wouldn't mind a 15k LOC just sitting around! 


Starting Score: 620
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Valued Contributor
Posts: 1,321
Registered: ‎07-07-2013
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

bman86 and kili0y, does NFCU report the credit limit of a cashRewards Visa Signature CC?
Established Contributor
Posts: 619
Registered: ‎01-04-2009
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

Like any other card (the actual limit).  It just adds the Signature benefits to the card.

Epic Contributor
Posts: 24,695
Registered: ‎10-23-2007
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?


Brusilov wrote:

Like any other card (the actual limit).  It just adds the Signature benefits to the card.


All but the part that you actually charge over your credit line like most signature cards... you can not with Navy.

Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
88 Cards and Counting :smileytongue:
New Contributor
Posts: 351
Registered: ‎06-02-2013
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

It doesn't really seem that great to me. You get one point for one dollar spent but to redeem 1 to 1 you have to redeem 7500 at a time.
If women didn't exist, all the money in the world would have no meaning. -- Aristotle
Starting Score: 777
Current Score:  761
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Valued Contributor
Posts: 1,321
Registered: ‎07-07-2013
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

[ Edited ]

Yes, the rewards sucks. But I don't remember seeing it any where on their website states, "To redeem 1 to 1 you have to redeem 7500 at a time". Where did you get the info?

Established Contributor
Posts: 852
Registered: ‎12-09-2012
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

But for some one like me, I push 5,000 through each month with ease so getting to 7500 is easy.

I just had them take 5,000 from my nRewards over to a nCashRewards signature. Very worth it in my book.

12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
1/15/14 TU 665 | EQ 648 | EX 655 ~Myfico scores
1/29/15 TU08 666 | EQ08 676 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1300~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 8K ~Care Credit 3,500
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Epic Contributor
Posts: 24,695
Registered: ‎10-23-2007
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Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

Why wouldn't you be using Flagship for 2%?
Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
88 Cards and Counting :smileytongue:
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