topic Re: Navy Federal cc cards in Credit Cards

Navy Federal cards

Getty59 — Tue, 12 Jan 2021 05:31:45 GMT

Can anyone please tell me the so to speak ranking of nfcu cards?

Re: Navy Federal cc cards

Slabenstein — Wed, 06 Jan 2021 22:23:36 GMT

@Getty59 wrote:
Can anyone please tell me the so to speak ranking of nfcu cards?

It would depend on what your spend is like and what you're looking for in a card. If you can elaborate more on what your high monthly spend categories are, how you would want to use a new card, and other card preferences you might have, that would help us give you a better answer.

Re: Navy Federal cc cards

BearsCubsOtters — Wed, 06 Jan 2021 22:25:01 GMT

@Getty59 wrote:
Can anyone please tell me the so to speak ranking of nfcu cards?

Flagship is on top

More Rewards is next

Cash Rewards and Go Rewards are mid level

Platinum

nRewards is secured, so its bottom list.

Is this what you meant? Honestly, they are all good cards and it just depends on what each member is looking for that works best for them.

Re: Navy Federal cc cards

Getty59 — Wed, 06 Jan 2021 23:20:09 GMT

Bears that was exactly what I was looking for! Thanks for the quick responses.

Re: Navy Federal cc cards

AverageJoesCredit — Thu, 07 Jan 2021 00:06:00 GMT

@Getty59 wrote:
Can anyone please tell me the so to speak ranking of nfcu cards?

There are no rankings, whatever card suits your current needs and spend will be your choice not someone elses.

Re: Navy Federal cc cards

Anonymous — Thu, 07 Jan 2021 00:42:41 GMT

@AverageJoesCredit wrote:
@Getty59 wrote:
Can anyone please tell me the so to speak ranking of nfcu cards?
There are no rankings, whatever card suits your current needs and spend will be your choice not someone elses.

Indeed. Flagship and Go would be at the bottom of my list, for example.

1) cashRewards

2) More Rewards

3) Platinum

4) Flagship

5) Go Rewards

Swap 1 and 2 if I didn't already have 3% covered on those categories elsewhere.

Re: Navy Federal cc cards

Aim_High — Thu, 07 Jan 2021 02:22:32 GMT

Agree with a lot of the other advice above that the answer depends, @Getty59 .

First, do you mean the ranking of cards in terms of how Navy's underwriting approves them??

The answer to that is completely different from the ranking of how "valuable" they could be to a consumer.

From Navy's underwriting department, the easiest card to get is the nRewards Secured, of course. And the most difficult card is the Flagship Rewards, for which Navy had denied many new members on their first card application. Between the others, the Platinum, Cash Rewards, Go Rewards, and More Rewards all have similar underwriting, so any of those four could be a good choice depending on what other cards someone already carries and what their priorities are for future cards.

In my case, I chose the Platinum over the other cards since I wanted the ultra-low 5.99% APR to have for emergencies and balance transfers "just-in-case" I needed it. I didn't need (another) 1.5% card and I already had the 3% (or even better) covered with other cards on gas, restaurants, transit, groceries, and travel. To me, the Rewards on Navy's cards are good but nothing that isn't available somewhere else. But that 5.99% APR on Platinum for both purchases and balance transfers is pretty rare but especially on a card with no BT fee, no Cash Advance Fee, and no AF.

If you don't already have a good flat-rate card that pays at least 1.5%, I'd recommend the Cash Rewards. A good uncapped and uncategorized card is always helpful. In my opinion, between the Go Rewards and More Rewards, the More Rewards is more valuable since the points are all worth 1 ccp and More Rewards covers more categories at a higher rate.

The Flagship Rewards is a little unique in that it's the only card NFCU allows to exceed an $50K credit limit, so if your goal is high limits, the FSR is most valuable. It also has in the past had the highest SUB which (MAY) come back this year. It was worth 50K points worth $500, effectively paying the $49 AF for ten years. (The current SUB is free Amazon Prime, worth a fraction of that amount.) If you don't have a 2% or better card yet, the FSR can be a good choice depending on your spending and lifestyle. If you can take advantage of the TSA Global Entry reimbursement, that's worth $100/4 years or $25 a year, lowering the effective AF from $49 to $24. If you travel, the FSR includes some basic travel protections including rental car CDW, Travel Accident Insurance, and Travel and Emergency Assistance. Absent the SUB and the TSA Global Entry reimbursement, you might be better off long-term on rewards with a no-AF 2% or better card like Citi DC, PPMC, or PenFed PCR combined with a no-AF 3% travel card like Wells Fargo Propel.

Re: Navy Federal cc cards

rostrow416 — Thu, 07 Jan 2021 03:17:37 GMT

There are only really 3 tiers for Navy cards

Top - Flagship

Middle - cashReward, more rewards, go rewards, and platinum

Lower - secured

That is based on the underwriting criteria. Choosing between the bulk of their cards is really just choosing which benefit you prefer.

Re: Navy Federal cc cards

Getty59 — Thu, 07 Jan 2021 04:05:20 GMT

was just curious as I became a member today and apped for the more rewards card. I was approved for 3k but after I wondered if I got a better card then some of the others. I know the FS card is at the top and will wait until 91 days.

Re: Navy Federal cc cards

gingerflower — Thu, 07 Jan 2021 05:30:23 GMT

Congratulations on your More Rewards Amx. Patients will reward you with a high CLI in 91 days. After your 91 days call to get a CLI.

Re: Navy Federal cc cards

Getty59 — Thu, 07 Jan 2021 14:15:00 GMT

Thanks! That's what I gathered from reading all the post about NFCU. I have set the date on my calendar.

Re: Navy Federal cc cards

AverageJoesCredit — Thu, 07 Jan 2021 11:46:04 GMT

@gingerflower wrote:
Congratulations on your More Rewards Amx. Patients will reward you with a high CLI in 91 days. After your 91 days call to get a CLI.

Just remember a high Cli is not gaurenteed for anyone nor is a high sl on a secoond card. Everyone's profile is different and may not yield same results as others. Odds are good though

Re: Navy Federal cc cards

Shooting-For-800 — Thu, 07 Jan 2021 12:23:27 GMT

Pretty obvious that Flagship is highest and secured is lowest.

Depends on your needs though.

Re: Navy Federal cc cards

UncleB — Sat, 09 Jan 2021 12:59:58 GMT

@Getty59 wrote:
was just curious as I became a member today and apped for the more rewards card. I was approved for 3k but after I wondered if I got a better card then some of the others. I know the FS card is at the top and will wait until 91 days.

Considering that you can freely PC (product change) from any NFCU card to any other NFCU card (even the Flagship as long as your credit line is $5k or higher) there really is no 'better card' if you're talking about from an underwriting point of view. The Flagship is only different in that if you don't qualify for at least a $5k credit line you will get denied.

You can literally be approved for a Platinum card and PC it to a Flagship the very next day as long as your credit line is at least $5k. (I have no idea why someone would do this - they would miss out on the Flagship bonus - but it's possible.)

Re: Navy Federal cc cards

TheBoondocks — Sat, 09 Jan 2021 21:27:15 GMT

Hey guys, I wanted to know does the Flagship gives you amazon prime on a annual basis or just a one time thing? thanks

Re: Navy Federal cc cards

Aim_High — Sat, 09 Jan 2021 21:44:35 GMT

@TheBoondocks, it's a one-time promotional offer that replaces the previous SUB.

"Enjoy a year of Amazon Prime—on us! Use the Flagship Rewards card to purchase an Amazon Prime membership, and we’ll reimburse you for the cost.2 That’s a $130 value. Already have Prime? Renew your annual membership with your Flagship card, and we’ll credit your account."

Footnote (2):

Offer applies only to annual Amazon Prime membership. Not valid for recurring membership monthly payment option. Must be an annual membership. Annual membership must be purchased as a one-time payment between 9/1/20 and 9/30/21. Limit of one promotional offer per card. Only valid for Flagship Rewards credit cards. Please allow 6-8 weeks after the membership is renewed or opened for the statement credit to post to your account. Navy Federal reserves the right to end or modify this offer at any time without notice.

Re: Navy Federal cc cards

Anonymous — Sun, 10 Jan 2021 03:15:22 GMT

More rewards is the most valuable card from NFCU in my opinion followed by the flagship. Obviously the flagship is their top of the line card with I believe the best CL's but you have to make sure you can take advantage of the pre-check $100 credit and 3% back on travel stuff. The more rewards is more broad for everyday spending and has no annual fee. There also are 2% on everything no fee cards out there so that isn't a big sell for me either. If I am going to pay annual fee I'm going with some of the premiere travel cards from Amex or elsewhere.

Bottom line: Never get an annual fee card unless your spending habits justify it. This varies from person to person and can make one card great for you but horrible for me. You can never go wrong with a solid no fee card though. None of the navy no fee cards come close to more rewards.

Re: Navy Federal cc cards

Anonymous — Mon, 11 Jan 2021 00:03:18 GMT

@Anonymous Any data on how NFCU codes purchases for the More Rewards?

I see they differentiate between "superstores" and "supermarkets". I've seen other cards with this language and it makes me skeptical. Are all grocery stores supermarkets? Club stores?

Re: Navy Federal cc cards

Anonymous — Mon, 11 Jan 2021 00:29:16 GMT

@Anonymous wrote:
@Anonymous Any data on how NFCU codes purchases for the More Rewards?

I see they differentiate between "superstores" and "supermarkets". I've seen other cards with this language and it makes me skeptical. Are all grocery stores supermarkets? Club stores?

Only data I can provide you is everything has worked so far how I'd expect. At my local grocery store I get the supermarket coding. When I order through grubhub / seamless I get the restaurant coding. I have not used the card at a wal-mart or costco or sams clubs or BJs so not sure about that. I imagine any dedicated grocery store will code as supermarket. You should consider a grocery store a supermarket. I would NOT expect to receive more than 1x at a wal-mart, costco, BJ, or whatever. But you should expect the 3x at any DEDICATED grocery store. Also with gas as with most credit cards you need to go to a standalone gas station. If you buy gas at a wholesale club you probably won't get the 3x.

Re: Navy Federal cc cards

Anonymous — Mon, 11 Jan 2021 01:48:46 GMT

Seems like I'd only benefit on transit with an NFCU MR. I have dining covered and my local grocery stores code differently and/or don't take AMEX cards.