Over the past two years, I've enjoyed Navy giving Flagship holders a reimbursement for the annual Amazon Prime membership fee. Based upon the credit posting timeframe of the past, it appears the benefit has gone the way of the doornail (at least for me). If anyone else has DP's to the contrary, please let us know.
This has been my past experience:
2021
7/30/21: $129.26 fee posted
8/4/21: +$130.00 credit posted (5 calendar days)
2022
7/29/22: $150.99 fee posted
8/3/22: +$139.00 credit posted (5 calendar days)
2023
7/31/23: $150.99 fee posted
*No credit to date, 7 calendar days/5 business days*
Perhaps there will be more frequent spending promos as a consolation, guess we'll see.
The website lists the Prime Membership credit as a one time promotional offer now.
If this holds true then I will probably close out my token bank account as I wanted to get the Flagship to offset my annual Prime Membership cost.
I've had a similar experience @PullingMeSoftly. Prime yearly membership posted on July 17th. No reimbursement so far. Definitely a bummer.
@ForwardLooking wrote:As a $49 annual fee card, the point / reward accumilation alone on the Flagship more than pays for itself.
How do you come up with that? It's a 2% rewards card with a single 3% category. The $49 AF seriously eats into the value of this card. I'd venture to guess that most people with the NFCU flagship would be better served by any other standard 2% cashback card unless they spend at least $2,500 per year on travel every year (the one 3% CB category) and even then there are better no AF card combos that would better serve most people. I love NFCU as much as anybody else but realistically their credit card offerings are mostly middle of the road. I know at one time the Flagship was pretty good and very competitive but that is no longer the case.
8/8/25
2/16/26
In both 2021 & 2022 I had to send a secure message after the Amazon Prime credit did not post to my account after waiting 6-8 weeks. In both cases Customer Service had to manually post the credit. This year during the last week of July my Amazon Prime annual fee posted to my Flagship and I was automatically credited by NFCU within 3 days - right before my statement closed. The annual credit is still being advertised by Navy Federal for the Flagship, and in my case is definitely still alive and working!
From navyfederal.org:
@PullingMeSoftly wrote:Over the past two years, I've enjoyed Navy giving Flagship holders a reimbursement for the annual Amazon Prime membership fee. Based upon the credit posting timeframe of the past, it appears the benefit has gone the way of the doornail (at least for me). If anyone else has DP's to the contrary, please let us know.
This has been my past experience:
2021
7/30/21: $129.26 fee posted
8/4/21: +$130.00 credit posted (5 calendar days)
2022
7/29/22: $150.99 fee posted
8/3/22: +$139.00 credit posted (5 calendar days)
2023
7/31/23: $150.99 fee posted
*No credit to date, 7 calendar days/5 business days*
Perhaps there will be more frequent spending promos as a consolation, guess we'll see.
It's my understanding that you were only supposed to get it once, as part of the sign up bonus. I don't see how a $49 per year annual fee card can just give away a $140 item each year.
