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Valued Contributor
starry1
Posts: 2,155
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: 7/30/14 TU 611; EQ 650; EX 640
Goal Score:  625 for now– New goal 675

Cap1 sec $1k (SD) / Fingerhut $1.3k / nRewards $3.5k / cashRewards $5k / NavChek $2.5k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $500 / Target $400 / PPSC $800 / (last app 09/29/14)
Established Contributor
searchingfor67
Posts: 668
Registered: ‎08-02-2011
0

Re: Is it worth the HP to get a Navy Federal cashRewards credit card?

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

Amex BCP $13K | Amex Costco TE $10.4K | Amex SPG $10.1K | 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 | Discover IT $9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU Flagship Visa Signature $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $10K | USAA World MC $9K
Contributor
bman86
Posts: 175
Registered: ‎06-28-2013
0

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
Current Score: EQ: 723 TU: 714 EX: 759 (Amex 6/28)
Goal Score: 750
Valued Contributor
DigitalArk
Posts: 1,135
Registered: ‎07-07-2013
0

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
Brusilov
Posts: 601
Registered: ‎01-04-2009
0

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.

                    
    $17.3K          $500              $7K              $15K              $5K             $2300          $3200          $2000          $1500          $1000           $8100

Garden Since: 9.25.2013
Epic Contributor
Creditaddict
Posts: 20,369
Registered: ‎10-23-2007
0

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- HATE U, TU 671 GE, EX 695 NASA(09-24-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Walmart $400
Over 45 Cards in between :smileytongue:
New Contributor
GatorGuy
Posts: 351
Registered: ‎06-02-2013
0

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
Goal Score:      800
Valued Contributor
DigitalArk
Posts: 1,135
Registered: ‎07-07-2013
0

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
ktl72455
Posts: 831
Registered: ‎12-09-2012
0

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
6/8/14 TU08 666 | EQ08 656 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1000~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 5K
Last Negs to fall off: 2-Cap1 CO's PD (fall off 1/17)~Forclosure (fall off 1/16)
Epic Contributor
Creditaddict
Posts: 20,369
Registered: ‎10-23-2007
0

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- HATE U, TU 671 GE, EX 695 NASA(09-24-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Walmart $400
Over 45 Cards in between :smileytongue:

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