topic Flagship? Am I missing something? in Credit Cards

Flagship? Am I missing something?

Snook_on_the_Line — Thu, 14 Nov 2024 17:00:58 GMT

I'm going to join navy fed just as soon as I get some free time to call them to set up membership. I've got my eye on the more rewards card sometime late next year for the Walmart+ credit

while reading over their credit card offerings the flagship card just seemed very unimpressive to me

seems like a lot of hype for what's basically a flat 2% card with a $49af and a free year of prime

am I missing something?

Re: Flagship? Am I missing something?

MrDuck — Thu, 14 Nov 2024 17:16:16 GMT

I had the card and if you use Amazon it is definitely worth it. The free year is more like a yearly thing. I had the card for 3 years and had the Prime membership refunded each year.

Only reason I cancelled the card was we moved and have a Sam Club and many other stores nearby so we aren't using Amazon but maybe once a quarter or so now. Plus I never used the Amazon TV app so no loss there either for me.

Re: Flagship? Am I missing something?

PullingMeSoftly — Thu, 14 Nov 2024 17:30:22 GMT

3x travel and a 2x flat rate card, with generous limits and fairly predictable cli's you can get on a consistent basis. But as the comment above indicates, the annual Amazon Prime credit is awesome (my experience with the credit noted here). Also, the Flagship can go up to 80k, my journey with that detailed here.

Re: Flagship? Am I missing something?

FicoMike0 — Thu, 14 Nov 2024 17:53:02 GMT

I went for flagship. I was already paying for prime, so the af is a discount. I wanted the global entry/pre pass, +$120 there. I also like the $400 sub, I'm sub crazy!

Beyond that, I haven't decided. I wanted the PenFed pathfinder, but the b@stard$ turned me down, too many recent accounts. Now I'm 5/12 on recent accounts, not including my ssl , so I guess I'm in the garden for a while .

Re: Flagship? Am I missing something?

ptatohed — Thu, 14 Nov 2024 17:56:01 GMT

I wonder if the cashRewards 'one-time' WM+ credit might become annual!

cashRewards Credit Card Special Offer | Navy Federal Credit Union

Re: Flagship? Am I missing something?

Snook_on_the_Line — Thu, 14 Nov 2024 19:11:17 GMT

Oh now I see the appeal

the navy website made it sound like it was a one time credit for prime

one year of prime membership and the sub would've made it a worthwhile card to get and then move the limit over to a more rewards Amex and close

but a prime credit every year makes it a keeper

i knew I was missing something

That puts the flagship on my radar for sure

maybe the end of next year.

Re: Flagship? Am I missing something?

Snook_on_the_Line — Thu, 14 Nov 2024 19:38:54 GMT

Just submitted my membership application.

I'll pick up a checking account and one of their credit cards in a couple months to build my internal score for 9 months or so and then it's flagship time

Re: Flagship? Am I missing something?

Curious_George2 — Fri, 15 Nov 2024 18:38:45 GMT

@Snook_on_the_Line wrote:
Oh now I see the appeal

the navy website made it sound like it was a one time credit for prime

one year of prime membership and the sub would've made it a worthwhile card to get and then move the limit over to a more rewards Amex and close

but a prime credit every year makes it a keeper

i knew I was missing something

That puts the flagship on my radar for sure
maybe the end of next year.

This nails it. Navy hasn't been very clear in how they describe the Prime benefit, but those of us who have the card keep getting the credit year after year. That is literally the make-or-break issue for me when I consider whether to keep my Flagship.

There are a few other ways it can deliver value. Sometimes they target some cardholders with generous spend offers. And they used to give out 0% APR BT offers to some existing cardholders around Christmas time, but not for the past few years. None of those things are really part of my analysis.

The Prime benefit makes it a keeper. They pay me $90/yr to hold the card.

Re: Flagship? Am I missing something?

Anonymous — Fri, 15 Nov 2024 20:21:06 GMT

@Curious_George2 wrote:

The Prime benefit makes it a keeper. They pay me $90/yr to hold the card.

Yes, I agree (and if I was a member of NFCU I would go for the card). In the worst case, one year they decide that they really mean one year only, and you might be out the AF, and can cancel, but providing you got the prime benefit at least once, you are ahead.

Re: Flagship? Am I missing something?

ptatohed — Fri, 15 Nov 2024 21:23:58 GMT

I changed jobs and my new employer is in Navy's SEG. I did apply for membership last night. I made it all the way to the last step, it booted me out, and when I try to get back in, it says it will send me a 'Magic code' via email but the email never comes in.

Re: Flagship? Am I missing something?

FicoMike0 — Sat, 16 Nov 2024 21:41:25 GMT

@ptatohed

Try calling them, they just took my word for elgibility, no docs. Very friendly.

@Snook_on_the_Line

They also have a nice cd called Special EasyStart Certificate, with a $50 min. Should help the internal score, only $50 invested. I plan to kick in another $50 every month.

Re: Flagship? Am I missing something?

Anonymous — Sat, 16 Nov 2024 23:40:12 GMT

@FicoMike0 wrote:
@ptatohed
Try calling them, they just took my word for elgibility, no docs. Very friendly.
@Snook_on_the_Line
They also have a nice cd called Special EasyStart Certificate, with a $50 min. Should help the internal score, only $50 invested. I plan to kick in another $50 every month.

I think in the past people have been booted out months later, that is they have a group that retroactively checks eligibility, often on the more edge cases. But working for a valid SEG is certainly OK!

Re: Flagship? Am I missing something?

UncleB — Sun, 17 Nov 2024 02:17:18 GMT

@ptatohed wrote:
I changed jobs and my new employer is in Navy's SEG. I did apply for membership last night. I made it all the way to the last step, it booted me out, and when I try to get back in, it says it will send me a 'Magic code' via email but the email never comes in.

You know what to do...

For what it's worth, the couple of times I've needed to reach-out to them by phone I've found them to be quite pleasant.