topic Re: NFCU Partners w/ AMEX in Credit in the News

NFCU American Express

JimBo99 — Wed, 10 May 2017 02:02:01 GMT

I'll just leave this here: NFCU AMEX

Re: NFCU American Express

Jetboy — Wed, 10 May 2017 17:54:59 GMT

Thank you for the heads up.

I am curious about the rewards structure it will have.

Re: NFCU American Express

Anonymous — Thu, 11 May 2017 03:05:42 GMT

Say what!!!! Timeframe?

Re: NFCU American Express

Anonymous — Thu, 11 May 2017 07:43:18 GMT

@Anonymous wrote:
Say what!!!! Timeframe?

Fall 2017

NFCU to offer amex branded rewards card...

jtw34240 — Thu, 11 May 2017 12:05:37 GMT

I read on creditboards that Navy Federal is partnering with Amex to offer an amex branded rewards card. It will run on the amex network but it will be issued by navy federal. is susposed to be available to members in the fall of this year in time to earn rewards for xmas. Hopefully Navy Federal will send us a preapproval ). Am sure they will send preapprovals out to their cardholders. Will be neat card for them to offer. They are the best credit union i've ever done business with and they beat the banks hands down with rates and taking care of their members...

Re: NFCU to offer amex branded rewards card...

AverageJoesCredit — Thu, 11 May 2017 12:09:19 GMT

Thanks for the heads up, sure all the Navheads are scratching to mark their calendars

Re: NFCU to offer amex branded rewards card...

Anonymous — Thu, 11 May 2017 12:27:16 GMT

Yes!! Thanks for sharing!!

NFCU and AMEX in a partnership: possible card this Fall

Blackswizz750 — Thu, 11 May 2017 14:08:25 GMT

http://www.businesswire.com/news/home/20170509005091/en/Rewards-Store-Navy-Federal-Members-American-Express

Not sure if anyone is interested. Mods, feel free to move if I placed in the worng spot.

New nfcu Amex

kugel — Thu, 11 May 2017 14:36:56 GMT

In fall nfcu is getting a new card
Who will be giving the approval Amex or nfcu
If I am blacklisted with Amex and good with nfcu will be able to get the card ?

Re: New nfcu Amex

Anonymous — Thu, 11 May 2017 17:16:34 GMT

@kugel wrote:
In fall nfcu is getting a new card
Who will be giving the approval Amex or nfcu
If I am blacklisted with Amex and good with nfcu will be able to get the card ?

It will be based on NFCU's criteria, not Amex Centurion, and an Amex blacklist wouldn't affect it other than whatever your credit reports show.

Re: New nfcu Amex

Anonymous — Thu, 11 May 2017 14:44:18 GMT

@kugel

You asked the above question in this thread and also started a thread in the credit card forum. Please do not cross post in multiple threads/forums as it is confusing to those trying to answer your question and a violation of MyFICO's Terms of Service.

Thank you for your cooperation.

Irish80
MyFICO Moderator

Re: New nfcu Amex

Anonymous — Thu, 11 May 2017 14:47:08 GMT

@Anonymous wrote:
@kugel wrote:
In fall nfcu is getting a new card
Who will be giving the approval Amex or nfcu
If I am blacklisted with Amex and good with nfcu will be able to get the card ?
It will be based on NFCU's criteria, not Amex Centurion, and an Amex blacklist would t affect it other whatever your credit reports show.

Thanks for the information everyone. Thanks, Irish, for letting us know being blacklisted doesn't matter. I am also blacklisted and would love to have a card like this. My last app was October 2016, so I may go for this one.

Re: NFCU American Express

kugel — Thu, 11 May 2017 14:52:50 GMT

Cool can't wait

Re: NFCU American Express

Anonymous — Thu, 11 May 2017 16:42:38 GMT

Whatis the advantage that the card is an American Express? Higher fee so higher rewards?

Re: NFCU American Express

Revelate — Thu, 11 May 2017 16:50:35 GMT

@atomicfront wrote:
Whatis the advantage that the card is an American Express? Higher fee so higher rewards?

It's just the transaction network and without the rewards / fee structure impossible to state, but at least for credit junkies such as myself, I'm always interested in seeing a market change.

Re: NFCU American Express

SunriseEarth — Thu, 11 May 2017 23:43:49 GMT

I'm very curious to see what the rewards structure will be. I might need to app, if it makes sense.

Re: NFCU American Express

UncleB — Fri, 12 May 2017 00:05:08 GMT

@SunriseEarth wrote:
I'm very curious to see what the rewards structure will be. I might need to app, if it makes sense.

+1 Same here.

They have most 'popular' categories already covered with their current line-up, so my interest is definitely piqued.

Other non-Centurion Amex issuers tend to have rewards programs that are travel-related, so my guess is that they'll offer something in that wheelhouse. My other thought is that they might offer a 2.5% card similar to USAA, but of course that's just my own idle speculation... LOL.

New AMEX card for NFCU!!!!!!

Anonymous — Fri, 12 May 2017 21:49:17 GMT

HOT OFF THE PRESS (well May 9th)

To be released in September, NFCU will be releasing a new American Express Card called Navy Federal More Rewards American Express® Card

This card is still in product conception but is planned to be a points card similar to the Go Rewards card. No word of if an AF will come with it.

I am actually hoping that Navy will actually introduce this as a Cash Back Rewards card to take direct aim at USAA's Limitless card. I prefer CB over points.

https://www.navyfederal.org/pdf/press-releases/2017/Amex_Partnership.pdf

Re: New AMEX card for NFCU!!!!!!

Anonymous — Fri, 12 May 2017 21:59:07 GMT

Ok, I've been away from the boards for a while didn't know this was already posted in Credit News please move/delete my post

Re: New AMEX card for NFCU!!!!!!

UncleB — Fri, 12 May 2017 22:20:25 GMT

@Anonymous wrote:
HOT OFF THE PRESS (well May 9th)

To be released in September, NFCU will be releasing a new American Express Card called Navy Federal More Rewards American Express® Card

This card is still in product conception but is planned to be a points card similar to the Go Rewards card. No word of if an AF will come with it.

I am actually hoping that Navy will actually introduce this as a Cash Back Rewards card to take direct aim at USAA's Limitless card. I prefer CB over points.

https://www.navyfederal.org/pdf/press-releases/2017/Amex_Partnership.pdf

The PDF actually answers (or likely answers) one of my initial questions regarding the target market of the card:

"Freeman explained the More Rewards Card will reward members for the everyday purchases they make most. The targeted launch date is in the fall, in time for members to earn rewards during the holiday shopping season."

Based on this I'm not looking for any exceptional rewards related to travel (which seems to be popular with other issuers lately), although this is just my own speculation. Of course none of NFCU's cards offer enhanced rewards for grocery yet, so that's always something they might be looking at.